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Efe Ajagba could not enhance his claims for a future fight with Anthony Joshua as he laboured to a points victory over Jonathan Rice in Las Vegas.

NIDCOM chief hails Ernest Ezeajughi’s re-election as UK council mayor, Efe Ajagba’s US boxing...

Hon. Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NiDCOM), has congratulated Nigerian-born scientist, Ernest Ezeajughi, who was elected to serve a second term as the Mayor of Brent.
The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of the Gulf of Suez, with an initial production rate of 2,000 barrels of crude oil per day.

Oil prices rise on falling US dollar

Oil prices recovered on Tuesday, erasing overnight losses, as investors moved into risk assets and away from the safe-haven U.S. dollar, which tumbled to multi-year lows.
The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of the Gulf of Suez, with an initial production rate of 2,000 barrels of crude oil per day.

Oil slips below $45 on-demand concerns, set for weekly rise

Oil dipped below $45 a barrel, on Friday, on worries that a demand recovery would slow due to a resurgence of coronavirus cases.
The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of the Gulf of Suez, with an initial production rate of 2,000 barrels of crude oil per day.

Oil prices fall over rising coronavirus numbers

Oil prices slid on Tuesday amid concerns that a nascent recovery in fuel demand could stall as a fresh wave of COVID-19 infections around the world sparks tighter lockdowns.
The logo of French oil and gas company Total is seen in a petrol station in Paris, France February 6, 2020. REUTERS-Gonzalo Fuentes-File Photo

Total suffers first quarterly loss since 2015

Total suffered its first net loss in five years in the second quarter due to the plunge in crude prices triggered by the coronavirus pandemic, the French oil company said Thursday.

Oil steady as vaccine news counters rise in virus cases

Oil prices were little changed on Tuesday, trapped in the narrow trading band of the past three weeks as investors gauged hopes for a recovery in oil demand against fears of new lockdowns due to a growing number of coronavirus cases.
The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of the Gulf of Suez, with an initial production rate of 2,000 barrels of crude oil per day.

Oil prices fall, head for weekly decline

Global oil prices fell on Friday, adding to steep losses from the previous session, and were headed for weekly declines on worries that renewed lockdowns following a surge in coronavirus cases in the United States and elsewhere would suppress fuel demand.
OPEC and its oil allies reached agreement Sunday to cut global production by 9.7 million barrels a day starting May 1, to shore up the world price in the face of a significant drop in the demand for oil because of the coronavirus pandemic.

Oil prices slump as wary traders eye upcoming OPEC+ meeting

Oil prices edged down on Monday as traders took profits, with the Organisation of the Petroleum Exporting Countries (OPEC) considering meeting as soon as this week to discuss whether to extend record production cuts beyond end-June.
Popular Hollywood actor, Idris Elba has been seen walking streets of London for the first time since recovering from coronavirus.

Idris Elba steps out for first time after recovering from coronavirus

Popular Hollywood actor Idris Elba has been seen walking streets of London for the first time since recovering from coronavirus.
A vendor poses as he counts Nigerian naira banknotes inside a shop in Idumota Market, in Lagos, Nigeria February 11, 2019. REUTERS-Nyancho NwaNri

Nigerian naira slides to 3-year low on black market after oil price crash

The Nigerian naira fell to its lowest level against the dollar in three years on the black market on Tuesday, traders said, a day after a historic oil price rout pushed U.S. crude futures below zero.
Asian markets are in negative territory Tuesday as the shockwaves from Monday’s historic drop in U.S. crude oil prices continues to reverberate.

Asian markets in negative territory

Asian markets are in negative territory Tuesday as the shockwaves from Monday’s historic drop in U.S. crude oil prices continues to reverberate.
Market shares were on the upswing in Asia on Thursday as investors once again expressed hope that the coronavirus pandemic is nearing its peak.

Asian markets back on upswing Thursday

Market shares were on the upswing in Asia on Thursday as investors once again expressed hope that the coronavirus pandemic is nearing its peak.
FILE PHOTO- The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 9, 2020. REUTERS-Staff-File Photo

Stocks rise on China trade data, easing pandemic fears

World stocks gained on Tuesday after Chinese trade data came in better than expected and some countries tried to restart their economy by partly lifting restrictions aimed at containing the coronavirus outbreak.

Bonny Light price remains low despite oil cut

Despite the oil cut initiative of the Organisation of Petroleum Exporting Countries, OPEC, and non-OPEC members, the price of Bonny Light, Nigeria’s premium oil grade only rose marginally from $23.19 to $23.25 per barrel, yesterday.
OPEC and its oil allies reached agreement Sunday to cut global production by 9.7 million barrels a day starting May 1, to shore up the world price in the face of a significant drop in the demand for oil because of the coronavirus pandemic.

OPEC, other oil exporters reach pact on cutting production

OPEC and its oil allies reached agreement Sunday to cut global production by 9.7 million barrels a day starting May 1, to shore up the world price in the face of a significant drop in the demand for oil because of the coronavirus pandemic.
The world’s two largest oil exporters came to a resolution at an expanded Organisation of Petroleum Exporting Countries (OPEC) emergency meeting which was held through a video conference.

Saudi Arabia, Russia end oil price war, agree to cut production

Saudi Arabia and Russia Thursday ended their oil war that has shaken the global oil markets and negatively affected many oil-reliant economies, including Nigeria.
Organisation of Petroleum Exporting Countries (OPEC) | Reuters

Oil prices plunge deeper as doubts grow over output cut deal

Oil prices fell sharply Monday after a meeting to discuss output cuts between OPEC and its allies was delayed, dimming hopes of swift action to support coronavirus-ravaged energy markets.
PDP and Wada are challenging the declaration of Yahaya Bello of the APC as winner of the November 16, 2019 governorship election held in the state.

Kogi workers receive March salary

Kogi State Government has advised workers to brace up for tough times ahead as it commenced the payment of salaries for the month of March.

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Ondo governor approves second term inauguration committee

Ahead of his inauguration for the second term in office, Ondo State governor, Mr Rotimi Akeredolu, on Friday approved the setting up of a 25-member committee.
3. At least 27 police stations were incinerated last week in Lagos, after violence erupted across the commercial hub as a fallout of the military shooting of unarmed protesters in Lekki.

#EndSARS: Lagos government directs MDAs to forward list of destroyed properties

Sequel to the recent unrest in Lagos State which resulted in wanton destruction to some government properties, items, and valuables, the state government on Friday directed all Ministries, Departments and Agencies (MDAs) to send the list of all affected properties, items and other valuables in their domain.
Liberian President George Weah on Friday inaugurated a new national carrier for the West African country, named Lone Star Air, about 30 years after the country’s previous airline went bust.

Liberia launches new national carrier ‘Lone Star Air’

Liberian President George Weah on Friday inaugurated a new national carrier for the West African country, named Lone Star Air, about 30 years after the country’s previous airline went bust.
John Nkengasong, Africa's Director of the Centers for Disease Control (CDC), speaks during an interview with Reuters at the African Union (AU) Headquarters in Addis Ababa, Ethiopia March 11, 2020. REUTERS-Tiksa Negeri

Africa CDC warns of possible second wave of virus infection

The Africa Centres for Disease Control and Prevention (Africa CDC) on Friday urged the African continent to brace itself for possible second wave COVID-19 infections.
Ms Comfort Lamptey, UN Women Country Representative to Nigeria, gave the commendation during the launch of activities to commemorate the 20th anniversary of the UNSCR 1325 in Abuja.

UN lauds Nigeria for implementing programmes on women

The United Nations (UN) has commended the Federal Government on the implementation of its (UN) Security Council Resolutions (UNSCR) 1325 programmes on women, peace and security in Nigeria.