Tag Archives: oil

Finance Minister Consults NASS Leadership Over 2021-2023 MTEF, FSP

  Minister of Finance, Budget and National Planning, Dr. Zainab Shamsuna Ahmed on Thursday met with the leadership of the National Assembly on plans to submit the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) later this month. The Minister while briefing principal officers of the Senate and House of Representatives led by … Continue reading Finance Minister Consults NASS Leadership Over 2021-2023 MTEF, FSP

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$70m Was Moved On Diezani’s Orders, Ex-NNPC GM Tells Court

  A former Group General Manager of the Nigerian National Petroleum Corporation, NNPC in charge of Crude Oil Marketing, Gbenga Olu Komolafe has told a Federal High Court sitting in Lagos today, how he delivered 12 padlocked bags containing $70 million to an Abuja-based banker on the instructions of a former Minister of Petroleum Resources, … Continue reading $70m Was Moved On Diezani’s Orders, Ex-NNPC GM Tells Court

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Pandemic May Push 50 Million Africans Into Extreme Poverty – AfDB

    Nearly 50 million Africans could be driven into extreme poverty in the economic fallout of the coronavirus pandemic, the African Development Bank (AfDB) said Tuesday. Roughly a third of the continent — 425 million people — was already expected to live below the international poverty line of $1.90 per day in 2020, the AfDB said … Continue reading Pandemic May Push 50 Million Africans Into Extreme Poverty – AfDB

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BREAKING: NNPC Confirms Seven Deaths As Explosion Rocks Facility

  Seven persons have died after an explosion at an ‘Oil Mining Lease 40’ operated by the Nigerian Petroleum Development Company (NPDC). The Group General Manager, Group Public Affairs Division (NNPC),  Kennie Obateru confirmed this in a statement on Wednesday. According to him, the incident happened on Tuesday evening at Gbetiokun in Delta State where … Continue reading BREAKING: NNPC Confirms Seven Deaths As Explosion Rocks Facility

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Dubai Reopens Doors To Tourists After Long COVID-19 Shutdown

  With a “welcome” passport sticker and coronavirus tests on arrival, Dubai reopened its doors to international visitors Tuesday in the hope of reviving its tourism industry after a nearly four-month closure. But businesses are mainly betting on those already living in the gleaming desert city to energise its ailing economy and serve as a … Continue reading Dubai Reopens Doors To Tourists After Long COVID-19 Shutdown

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US Killing Of Iran’s Top General ‘Unlawful’ – UN Expert

    The US drone strike that killed Iran’s top general Qasem Soleimani was “unlawful”, the United Nations expert on extrajudicial killings concluded in a report released Tuesday. Agnes Callamard, the UN special rapporteur on extrajudicial, summary or arbitrary executions, concluded it was an “arbitrary killing” that violated the UN charter. The US had provided no … Continue reading US Killing Of Iran’s Top General ‘Unlawful’ – UN Expert

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Dubai Reopens Doors To Tourists After Long Shutdown

    With a “welcome” passport sticker and coronavirus tests on arrival, Dubai reopens its doors to international visitors Tuesday in the hope of reviving its tourism industry after a nearly four-month closure. But businesses are mainly betting on those already living in the gleaming desert city to energise its ailing economy and serve as … Continue reading Dubai Reopens Doors To Tourists After Long Shutdown

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Malaysia Slashes Rates To Record Low To Fight COVID-19 Impact

  Malaysia’s central bank on Tuesday slashed interest rates to a record low to fight the impact of the coronavirus pandemic, and warned that the pace of economic recovery was uncertain. The Southeast Asian nation has joined other countries worldwide in aggressively easing monetary policy, after the virus brought the economy to a standstill for … Continue reading Malaysia Slashes Rates To Record Low To Fight COVID-19 Impact

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Arewa Youths Demand Reversal Of Petrol Pump Price, Threaten Mass Protest

  A coalition of Northern Youth Organizations has condemned the increase of the pump price of petrol to N143 per litre. The group is demanding for the immediate reversal of the new pump price. Addressing a joint news conference in Kaduna, National President of Northern Youth Council , Isah Abubakar and Chairman Nigeria Citizen Action … Continue reading Arewa Youths Demand Reversal Of Petrol Pump Price, Threaten Mass Protest

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