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Oil price rises to $62.53

Oil price rises to $62.53

OIL price rose further, yesterday, with Brent climbing 46 cents to $62.53, while West Texas Intermediate, WTI rose 23 cents to $55.87 a barrel, the highest since July 2015 as Saudi Arabian King Salman’s anti-corruption drive shook the world’s biggest crude exporter.

SON to commence products authentication

SON to commence products authentication

THE Standards Organisation of Nigeria (SON), yesterday, said it has concluded plans to commence implementation of products authentication scheme before the end of this year, just as the organisation’s enforcement team has confiscated large consignments of suspected unfortified and substandard sugar and flour based products like pasta and spaghetti in several locations in the  North East.