Oil prices edged lower on Monday as climbing Coronavirus cases and tighter restrictions in Europe and China fueled worries over a slower recovery in fuel demand. Encouraging gross domestic product (GDP) and industrial production data from China helped to limit the downside to some extent. Brent crude for March delivery eased 0.2 per cent to 54.98 dollars a barrel, after falling 2.3 per cent on Friday. Similarly, U.S. oil futures were down by 0.1 per...
The Traditional rulers in Ketu communities of Yewa North Local Government Area of Ogun State have petitioned the Nigerian Army as Army officers were alleged of conniving with herdsmen to harass villagers in the state. The traditional rulers included the Oniggua of Iggualand, Oba Micheal Dosumu; the Eselu of Iseluland, Oba Akintunde Akinyemi; and the Alademeso of Igan Alade, Oba Gabriel Olalowo. The monarchs in the petition addressed to the Brigade Commander, 35 Artillery Brigade,...
President Muhammadu Buhari will virtually inaugurate the National Oil and Gas Excellence Centre (NOGEC), Lagos, on Jan.21, in a bid to boost the operations of the nation’s petroleum sector, an official of the Department of Petroleum Resources (DPR), has said. Mr. Paul Osu, Head, Public Affairs, who made the announcement in a statement issued on Monday, in Lagos, quoted the Director of DPR, Mr Sarki Auwalu, the chief host of the event, as saying that...
Japan’s government on Sunday dismissed suggestions that the 2020 Tokyo Olympics scheduled for this summer could be cancelled owing to the coronavirus pandemic. “We have decided the venues and schedule, and the people involved are working on preparations, including infection control,” the Kyodo news agency quoted government spokesman Katsunobu Kato as saying. The statement came after reports quoted Taro Kono, the minister for administrative and regulatory reform, as saying that “anything can happen” and “it...
The Defence Headquarters says the Air Task Force of Operation Lafiya Dole, has destroyed additional seven gun trucks and eliminated scores of terrorists who attempted to reinforce attack at Marte, in Borno. The Coordinator, Defence Media Operations, Maj.-Gen. John Enenche, in a statement on Sunday, said the success came after the earlier destruction of seven gun trucks by the combined ground and air operations. Enenche said the troops had successfully repelled a Boko Haram/Islamic State...
Dozens of All Progressives Congress (APC) and National Rescue Movement (NRM) supporters in Madawaki Ward of Gusau Local Government Area of Zamfara have defected to Peoples Democratic Party (PDP). Speaking on behalf of the defectors on Sunday, Alhaji Bello Jafaru said their decision to join PDP was as a result of the present administration’s efforts in tackling insecurity in the state. Also speaking, Hajiya Hadiza Salisu commended Gov. Bello Matawalle for appointing women into various...
The Minister of Communications and Digital Economy, Dr. Isa Pantami, has approved the setting up of a National Identity Number (NIN), Enrolment Centre at the Federal Ministry of Foreign Affairs, Abuja. Dr. Femi Adeluyi, Technical Assistant on Information Technology to Pantami, who made this known in a statement on Sunday in Abuja, said the desk would be set up on Jan. 19. Adeluyi said that the centre, which would provide support for members of the...
The Senate President, Ahmad Lawan, has pledged to handsomely reward the Golden Eaglets if they win the ongoing WAFU Zone B Under-17 championship in Togo, the News Agency of Nigeria (NAN) reports. Lawan, who spoke to NAN through his Special Adviser (SA) on Sports, Sani Fema, on Sunday night, stated that the team deserved to be rewarded for not crashing out at the group stages. The Golden Eaglets would face Cote d’ Ivoire, on Monday,...
The All Progressives Congress (APC) has cleared all the 44 chairmanship and 484 councillorship seats at Saturday’s Kano State local government councils poll. Prof. Ibrahim Garba-Sheka, Chairman of the State Independent Electoral Commission disclosed this while announcing the results of the election on Sunday in Kano. Garba-Sheka said that candidates of the APC emerged winners of the 44 chairmanship and 484 councillorship positions in the election. “The total votes scored by the candidates is 2,530.577...
The Nigerian National Petroleum Corporation (NNPC) says it recorded a trading surplus of ₦28.38 billion in September 2020. The Corporation disclosed this in its Monthly Financial and Operation Report (MFOR) for the month of September, released in Abuja, on Sunday. It said that the amount was slightly lower than the ₦29.60 billion surplus in August 2020. The marginal reduction in surplus, according to the report, was as a result of lower contribution from the Nigerian...
