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FILE PHOTO - Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS-Nick Oxford-File Photo

Saudi Arabia raises oil prices to U.S. and Europe

The world’s top oil exporter, Saudi Arabia, raised on Thursday the prices of all its crude oil that will go to the United States and Europe in March while leaving unchanged the official selling prices of its crude to its key market in Asia.

Saudi Aramco reports 44.6% dive in Q3 profit

Energy giant Saudi Aramco on Tuesday posted a 44.6 per cent slump in third-quarter profit, as the coronavirus pandemic weighs heavily on demand for crude oil.
Apple’s unannounced high-end over-ear headphones will reportedly come with interchangeable parts.

Apple crosses $2 trillion market cap as world’s most valuable company

Just two years after becoming the first U.S. company to reach a $1 trillion market capitalization, Apple has officially doubled its value to $2 trillion. The remarkable feat means it’s tied with a non-tech firm for bragging rights as the world’s most valuable company — for now.

Saudi Aramco profits dive 73% as coronavirus batters oil demand

Energy giant Saudi Aramco said on Sunday its second-quarter profits plunged a massive 73 percent due to sharply lower oil prices as the coronavirus crisis undercuts global demand.
Saudi Aramco’s multibillion-dollar share sale, likely the biggest initial public offering (IPO) in history, is officially underway after the company formally announced its plans to list stock on the Kingdom’s stock exchange, the Saudi Tadawul.

Saudi Aramco profit plunges

Saudi Arabian state oil giant Aramco on Tuesday reported a 25 percent fall in first-quarter net profit, hurt by lower oil prices and coronavirus.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has again accused President Muhammadu Buhari of clamping down on the judiciary.

What Africa must do to mitigate damaging effects of coronavirus

Before the novel coronavirus pandemic hit the globe, Nigeria spent 42 per cent of her earnings on debt servicing. We have arrived at a new reality today: even if we devote 100 per cent of our income to rebuilding our economy, it still will not be enough.

Oil pares gains as investors wait to see if coronavirus stimulus works

Oil prices rose on Thursday but pared early gains as investors tried to assess how effective massive stimulus by central banks will be in shoring up the global economy as the shock from the coronavirus pandemic deepens.
Saudi Aramco’s multibillion-dollar share sale, likely the biggest initial public offering (IPO) in history, is officially underway after the company formally announced its plans to list stock on the Kingdom’s stock exchange, the Saudi Tadawul.

Saudi leads Gulf as oil prices rebound

Stock markets in the energy-rich Gulf states made a strong rebound in opening trade Tuesday, led by the Saudi bourse which jumped 5.6 percent, as oil prices bounced after heavy losses.
Saudi Aramco’s multibillion-dollar share sale, likely the biggest initial public offering (IPO) in history, is officially underway after the company formally announced its plans to list stock on the Kingdom’s stock exchange, the Saudi Tadawul.

Saudi Arabia, Kuwait begin joint oil production

Saudi Aramco said on Wednesday a new agreement between Saudi Arabia and Kuwait has paved the way for the resumption of oil production in a zone shared between the two countries.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has again accused President Muhammadu Buhari of clamping down on the judiciary.

Endless borrowing will lead to endless sorrowing

John Quincy Adams once said “there are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.” He may have very well been referring to Nigeria of the last three years.
Saudi Aramco’s multibillion-dollar share sale, likely the biggest initial public offering (IPO) in history, is officially underway after the company formally announced its plans to list stock on the Kingdom’s stock exchange, the Saudi Tadawul.

Saudi Aramco shares jump 10% on stock market debut

Saudi Aramco shares surged the maximum permitted 10% above their initial public offering (IPO) price on their Riyadh stock market debut on Wednesday, closing in on the $2 trillion valuation long sought by Saudi Crown Prince Mohammed bin Salman.
Saudi Aramco’s multibillion-dollar share sale, likely the biggest initial public offering (IPO) in history, is officially underway after the company formally announced its plans to list stock on the Kingdom’s stock exchange, the Saudi Tadawul.

Saudi capital market authority gives green light for Aramco’s record IPO

Saudi Aramco’s multibillion-dollar share sale, likely the biggest initial public offering (IPO) in history, is officially underway after the company formally announced its plans to list stock on the Kingdom’s stock exchange, the Saudi Tadawul.

Aramco posts $1.71 trillion in blockbuster IPO

Saudi Arabia on Sunday put a value of up to $1.71 trillion on energy giant Aramco in what could be the world’s biggest IPO, but missed Crown Prince Mohammed bin Salman’s initial target of $2 trillion.

Saudis scramble to raise cash for Aramco share sale

From tapping lenders to selling personal assets, Saudis are scrambling to raise cash to invest in Aramco stocks after the oil giant announced its blockbuster market debut even as it offered few listing details, according to AFP reports.

Saudi capital market gives green light for Aramco’s record initial public offering

Saudi Aramco’s multibillion-dollar share sale, likely the biggest initial public offering (IPO) in history, is officially underway after the company formally announced its plans to list stock on the Kingdom’s stock exchange, the Saudi Tadawul.

Aramco announces plans for giant stock market debut

Saudi Aramco said Sunday it will list on the Riyadh stock exchange in what could be the world’s largest IPO, underpinning Crown Prince Mohammed bin Salman’s ambitions to overhaul the kingdom’s oil-reliant economy.
President Muhammadu Buhari on Thursday met behind closed doors with Crown Prince of the Kingdom of Saudi Arabia, Mohammed bin Salman bin Abdulaziz, in Riyadh, Saudi Arabia.

President Buhari seeks more US capital for infrastructure

President Muhammadu Buhari has met with the United States’ Treasury Secretary, Steven Mnuchin, to request for additional capital from the US development finance institutions to upgrade critical infrastructure in Nigeria.
President Muhammadu Buhari on Thursday met behind closed doors with Crown Prince of the Kingdom of Saudi Arabia, Mohammed bin Salman bin Abdulaziz, in Riyadh, Saudi Arabia.

President Buhari meets Saudi Crown Prince in Riyadh

President Muhammadu Buhari on Thursday met behind closed doors with Crown Prince of the Kingdom of Saudi Arabia, Mohammed bin Salman bin Abdulaziz, in Riyadh, Saudi Arabia.
President Muhammadu Buhari Wednesday held talks with King Salman in Riyadh, on the sidelines of the second day of the Future Investment Initiative (FII) conference. 1

President Buhari welcomes Saudi Aramco’s partnership with NNPC to revive its subsidiaries

President Muhammadu Buhari Wednesday in Riyadh welcomed the commitment of Saudi energy company, Aramco, and Public Investment Fund (PIF) to explore areas of collaboration for investments in Nigeria, including partnership with the NNPC to revive the nation’s refineries.
President Muhammadu Buhari Wednesday held talks with King Salman in Riyadh, on the sidelines of the second day of the Future Investment Initiative (FII) conference. 4

Saudi Arabia to invest in Nigeria’s oil and gas sector — in pictures

President Muhammadu Buhari Wednesday held talks with King Salman in Riyadh, on the sidelines of the second day of the Future Investment Initiative (FII) conference, during which both leaders committed to deeper partnership for the development of both countries.

Saudi Aramco rolls out IPO next week

Saudi Aramco aims to announce the start of its initial public offering (IPO) on Nov. 3, three people with direct knowledge of the matter told Reuters, after delaying the deal earlier this month to give advisers time to secure cornerstone investors.
A handout picture provided by the Saudi Royal Palace on October 24, 2018, shows Saudi Crown Prince Mohammed bin Salman speaking during a joint session of the Future Investment Initiative (FII) conference in the capital Riyadh, which included the Crown Prince of Bahrain and the Lebanese Prime Minister. – Saudi Arabia is hosting the key investment summit overshadowed by the killing of critic Jamal Khashoggi that has prompted a wave of policymakers and corporate giants to withdraw. (Photo by Bandar AL-JALOUD / Saudi Royal Palace / AFP) /

Saudi Arabia offers tourist visas for first time

Saudi Arabia will open its doors to international tourists for the first time under a new visa regime to be announced today, the Saudi Commission for Tourism and National Heritage said.

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The Miyetti Allah has called for the arrest of Chief Sunday Adeyemo popularly known as Sunday Igboho for the alleged assault on the Seriki Fulani of Oyo state, Alhaji Saliu Abdulkadir.

OYC: Nothing must happen to Sunday Igboho

Yoruba youths under the aegis of Oodua Youth Coalition, OYC, weekend warned that nothing must happen to the freedom fighter, Sunday Igboho.
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Olupo stool: Minister canvasses rancour-free selection of candidates

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Kwara vaccinates children, women against tetanus

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Police rescue abducted monarch in Calabar

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South Korean trade Minister, Yoo Myung-hee, on Friday (Feb 5) dropped her bid to become head of the World Trade Organisation (WTO), clearing the way for Nigeria’s Ngozi Okonjo-Iweala to become the global body’s director-general.

WTO: PANDEF commends Ngozi Okonjo-Iweala on appointment

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Kwara State Governor Abdulraham Abdulrazaq

Kwara begins qualifying exams for SUBEB/TESCOM jobs February 22

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President Volodymyr Zelenskiy’s office said he had appointed Oksana Markarova to focus on establishing “an effective dialogue” with the new administration, and to work with the U.S. Congress to strengthen bipartisan support for Ukraine.

Ukraine names ex-finance minister as ambassador to U.S., to upgrade ties post-Trump

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A protestor gestures as he takes part in a demonstration in Durban, South Africa, on May 30, 2019 during a Freedom March for Biafra held worldwide and organised by the Indigenous People of Biafra (IPOB) to mark the anniversary of the unilateral declaration of independence in 1967 that sparked a brutal 30-month civil war in Nigeria. (Photo AFP)

Group calls for total clampdown on IPOB

Concerned Igbo elders have called on relevant authorities to deal decisively with members of the Indigenous People of Biafra (IPOB), saying the current level of force being deployed may not be enough to curb their violent excesses.