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Organisation of Petroleum Exporting Countries (OPEC) | Reuters

Oil prices rise after OPEC agrees to keep output cuts

Oil price hit multi-week highs on Monday after OPEC indicated it was likely to maintain production cuts that had helped boost prices this year.

Oil lifted toward $73 by real, threatened supply cuts

Oil edged higher toward 73 dollars a barrel on Friday, supported by real and threatened supply disruptions in the Middle East and heading for a weekly gain.

Oil hovers below 6-month high amid easing of supply concern

Oil prices slipped below six-month highs on Wednesday after signs that cushioned a rally based on fears of tight supply resulting from OPEC output cuts and U.S. sanctions on Venezuela and Iran.

Oil extends first-quarter gains on tight supply, economic optimism

Oil rose on Monday building on its largest first-quarter gains in nearly a decade as tight supply and positive signs for the global economy supported prices.
Pound Sterling

Pound falls after UK parliament rejects Brexit plan

The pound fell Friday after Britain’s parliament again rejected a proposed deal to withdraw from the European Union.
Pound

Pound rebounds above $1.32 on Brexit deal hopes

Sterling rallied above $1.32 on Tuesday on fresh hope that British Prime Minister Theresa May would avoid a chaotic no-deal Brexit, while global stock markets recovered.

Brexit delay request sends pound reeling

The pound fell sharply on Wednesday after British Prime Minister Theresa May announced it was seeking a delay to its exit from the European Union until June 30, while investors awaited the US Federal Reserve’s interest rate call.

Oil prices slide as economic outlook darkens, US supply surges

Oil prices dropped on Friday as clouds gathered over the global economy after the European Central Bank (ECB) warned overnight of continued weakness and fresh data showed Chinese exports and imports slumped last month.

Oil drops as China cuts economic growth target

Oil prices fell on Tuesday as China cut its 2019 economic growth target, dimming the outlook for fuel demand, although OPEC-led efforts to cut output still offered some support.
BP

London stocks jump on weak pound, strong BP profits

London’s stock market rallied Tuesday to a new two-month peak, supercharged by a Brexit-hit pound and energy giant BP’s surging annual profits, dealers said.
A trader laughs ahead of the closing bell on the floor of the New York Stock Exchange (NYSE) on February 1, 2019 in New York City. – Wall Street stocks concluded another strong week with a nearly flat session on Friday, February 1, 2019, pausing from a heady January following strong jobs data and mixed earnings. Analysts said the rally that had propelled stocks since late December and produced the Dow’s best January in 30 years was showing signs of fatigue. (Photo by Johannes EISELE / AFP)

Global stocks mostly rise after strong US jobs data

Global stocks mostly rose Friday following strong US jobs data, though Wall Street’s rally showed signs of fatigue after the Dow finished its best January in 30 years.
The UK pound has continued to fall following the Brexit. AFP

Pound hits seven-week high on eve of vital Brexit vote

The British pound on Monday hit a seven-week high against the dollar as UK Prime Minister Theresa May delivered an upbeat speech on the eve of a key Brexit vote which she is expected to lose, dealers said.
The logo of Apple is seen at a store in Zurich, Switzerland January 3, 2019. REUTERS-Arnd Wiegmann

Apple warning delivers fresh blow for markets, global growth

Stock markets retreated once more Thursday as China’s slowing economy forced Apple to slash its revenue forecast, wiping as much as $55 billion from its value and dragging down share prices in the wider technology sector.

Oil falls to $53 on economic worries, surging supply

Oil fell towards $53 a barrel on Wednesday, under pressure from rising output in major OPEC and non-OPEC producers and due to concerns about an economic slowdown that could weaken demand.

Oil markets kick off new year with losses on signs of economic slowdown

Oil markets dropped by around one per cent in 2019’s first trading on Wednesday, pulled down by surging US output and concerns about an economic slowdown in 2019 as factory activity in China, the world’s biggest oil importer, contracted.

Nigeria to lose 27% of oil production in 2019

Nigeria is to lose about 226,300,000 million barrels of oil production in 2019, representing about 27 per cent of its current year’s target.
The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, is to kick-start his campaign for the 2019 presidential election through an address to Nigerians on Facebook on Monday.

Atiku Abubakar: Muhammadu Buhari’s 2019 budget flawed

The presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, yesterday picked holes in the 2019 financial estimates presented to the National Assembly last week by President Muhammadu Buhari, saying it was flawed and incapable of enhancing the development of the country.

Oil hits $62 as OPEC, allies agree to cut production

The Organisation of Petroleum Exporting Countries (OPEC) and its allies agreed yesterday to cut oil production by 1.2 million barrels per day, owing to a record global crude glut and the need to halt the price slump.

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Iraqi Anti-government demonstrators block a road with debris and burning tires in the southern Iraqi city of Nasiriyah on January 19, 2020. (Photo by – - AFP)

Iraq protests swell with youth angry at slow pace of reform

Protests escalated across Iraq’s south and its capital Baghdad on Sunday as demonstrators sealed off streets with burning tyres in outrage at the government’s slow pace of reform.
President Muhammadu Buhari on Monday signed the finance bill into law.

A new case for a Commonwealth based on trade

The United Kingdom’s exit of the European Union is now all but certain. Only the passage of time will reveal what their new relationship shall be. But with this new arrangement, I – like many other Commonwealth leaders – also seek a new settlement: not only of closer relations between the UK and my own nation, but of unleashing trade within the club in which we together shall remain.
Samuel Chukwueze's contribution was not enough to help Villarreal from bowing to a 2-1 loss against Espanyol on Sunday.

Samuel Chukwueze in action in Villarreal loss against Espanyol

The Nigerian forward, who was in action for the duration of the encounter, made his 19th league appearance at the Estadio de la Ceramica but could not add to his La Liga tally of three goals and an assist this season.
President Muhammadu Buhari today on Sunday paid a visit to the Prince of Wales, Prince Charles, in Scotland, on the sidelines of Uk-Africa Summit. 2

President Buhari visits Prince Charles — in pictures

President Muhammadu Buhari on Sunday paid a visit to the Prince of Wales, Prince Charles, in Scotland, on the sidelines of Uk-Africa Summit.

Police arrest girl for faking own kidnap in Lagos

It was gathered that on January 9, at about 5.30 pm, the suspect conspired with her boyfriend Emmanuel, and Okpe, to produce a short video of her being blindfolded and driven to a bush in a truck.