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Oil prices dip amid US inventory data concerns

Oil prices slumped to more than two-week lows yesterday, as global stock markets fell, with investor sentiment made more bearish by the United States government data that showed domestic crude inventories rose more than expected last week.

Stock market sheds N10 billion on renewed sell-off

Analysts at Afrinvest Limited stated that “we anticipate a rebound in today’s trading, as we saw significant buy interest in banking stocks yesterday, which we expect to be sustained throughout this week.”
(FILES) In this file photo taken on April 02, 2008 former Bolivian president Carlos Mesa speaks during the II Academic Summit of Former Presidents and Vice Presidents in La Paz.Bolivian ex-president Carlos Mesa launched on October 6, 2018, his candidacy for the 2019 presidential elections in which he will face ruling president Evo Morales, who is seeking a fourth consecutive re-election. / AFP PHOTO / Aizar RALDES

Bolivia’s Carlos Mesa launches 2019 election bid

Bolivian ex-president Carlos Mesa on Saturday launched his candidacy for the 2019 election, in which he will face Evo Morales who will be seeking his fourth consecutive term.
Workers Party vice presidential candidate Fernando Haddad

Candidate promises not to pardon ex-president Lula if he wins presidency

Brazilian Presidential Candidate, Fernando Haddad, said on Tuesday he would not pardon former President Luiz Lula – sentenced to 12 years in prison on corruption charges – if he is elected president in October.

Zimbabwe opposition not invited at President Mnangagwa’s inauguration

Zimbabwe on Sunday prepared to inaugurate a president for the second time in nine months as a country recently jubilant over the fall of longtime leader Robert Mugabe is now largely subdued by renewed harassment of the opposition and a bitterly disputed election.
National Chairman, APC, Adams Oshiomhole

APC chair Oshiomhole insists Senator Saraki must be impeached

The National Chairman of the All Progressives Congress, Adams Oshiomhole, has reiterated his call for the impeachment of the Senate President, Bukola Saraki.
Share prices on the Tokyo Stock Exchange (bottom L) and a chart (R) of the bourse's three-month movement are displayed in Tokyo on August 3, 2018. Tokyo's key Nikkei index closed flat on August 3 as investors retreated to the sidelines over global trade frictions and ahead of the release of key jobs data. / AFP PHOTO / Kazuhiro NOGI

Tokyo shares end higher as Asian markets gain

Tokyo stocks ended higher Tuesday along with other Asian markets following overnight gains on Wall Street, but investors refrained from making major moves ahead of US-Japan trade talks.

Nigeria’s stake in bitcoin drops to N1.51 billion

As the value of Bitcoin tumbles at the cryptocurrency market, Nigerian’s stake in the market declined dropping to N1.51 billion as against N1.733 billion which it was at the beginning of last month.

Facebook suffers biggest one-day wipeout in US stock market history

Facebook Chief Executive Mark Zuckerberg’s fortune took a more than $15 billion hit on Thursday, as the social media company suffered the biggest one-day wipeout in U.S. stock market history a day after executives forecast years of lower profit margins.
Vissel Kobe's Andres Iniesta tries to score a goal against Shonan Bellmare in the second half of their J-League league match in Kobe. Takumi Sato - AP Photo

Andres Iniesta’s Japanese debut falls flat in 3-0 home defeat

Spanish legend Andres Iniesta’s Japanese debut ended on a flat note Sunday as Vissel Kobe crashed to an embarrassing 3-0 home defeat by J-League strugglers Shonan Bellmare.

Elon Musk apologizes to British caver for ‘pedo’ slur

Elon Musk has apologized for calling a British caver who helped rescue 12 Thai boys from a cave a "pedo", retracting a comment that had drawn widespread outrage and briefly sent shares in Tesla tumbling.

Saudis see oil price on rise as Trump blasts OPEC

Saudi Energy Minister Khaled al-Faleh said Friday the global market has the capacity to absorb higher oil prices, drawing a swift reaction from US President Donald Trump who accused OPEC of inflating prices.

President Erdogan sends Turkey to snap polls on June 24

President Recep Tayyip Erdogan on Wednesday called snap elections in Turkey for June 24, bringing the polls forward by over a year-and-a-half to sharply accelerate the transition to a new presidential system.

Credit to private sector rises by N633 billion in February

Credit to private sector rose by N633 billion to N22.6 trillion in February, surpassing credit to the government which rose by N161 billion to N4.29 trillion during the month.

Senator Saraki: Why I didn’t attend APC meetings

The President of the Senate, Bukola Saraki, has explained why he did not attend Monday’s National Caucus meeting of the All Progressives Congress (APC) and Tuesday’s National Executive Committee (NEC) meeting of the party in Abuja.

Twitter sees revenue and users surge in Japan

Riding a wave of new users, improved advertising options and an embrace of video content by users and advertisers alike, Twitter Inc’s revenue has leaped in Japan, helping lead the company to its first quarterly profit.

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Arsenal are closing in on a deal for Southampton full-back Cedric Soares, according to reports, hoping to complete the signing this month.

Arsenal close to £5 million loan deal for Southampton full-back

Arsenal are closing in on a deal for Southampton full-back Cedric Soares, according to reports, hoping to complete the signing this month.
Chu Maoming

China will defeat coronavirus – envoy

China’s Consul General in Lagos, Chu Maoming, said at the weekend his country would defeat the coronavirus disease.
The Speaker of the House of Representatives, Rep. Femi Gbajabiamila (APC-Lagos), has announced the demise of a former member of the house, Rep. Tony Okey. 6

House of Reps demand resignation of military chiefs

The House of Representatives on Wednesday called for the resignation of the nation’s service chiefs, amid widespread public discontent over growing insecurity in the country.

Etim Esin wants Emmanuel Amuneke to replace Gernot Rohr in Super Eagles

The German tactician contract set to rundown in June later in the year but the 66-year-old ex-Ligue 1 manager led the three Africa Champions to a third-place finish in the 2019 Africa Cup of Nation in Egypt is eager to continue managing Nigeria.

UTME: 1, 445 candidates register in Jigawa – official

The Jigawa office of the Joint Admission and Matriculation Board (JAMB), says it has registered 1, 445 prospective candidates for the 2020 Unified Tertiary Matriculation Examination (UTME) in the state.