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Crude Oil Supplies

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.
Organisation of Petroleum Exporting Countries (OPEC) | Reuters

OPEC slashes demand forecast despite coronavirus vaccine rollout

The Organisation of Petroleum Exporting Countries (OPEC) has again reviewed downwards forecasts for oil demand as the cartel and its allies mull a gradual restoration of curbed crude oil supplies, which was first agreed upon in April this year.

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Paris St Germain clung on to their hopes of winning a fourth consecutive Ligue 1 title with a 4-0 home win against 10-man Stade de Reims as Lille’s lead was cut to a single point with one game remaining on Sunday.

Ligue 1: PSG cling on to title hopes as leaders Lille held

Paris St Germain clung on to their hopes of winning a fourth consecutive Ligue 1 title with a 4-0 home win against 10-man Stade de Reims as Lille’s lead was cut to a single point with one game remaining on Sunday.

Edwin Clark cautions against agitation for Nigeria’s break-up

An elder statesman and former Minister of Information, Chief Edwin Clark, has cautioned against calls for secession in some parts of the country.
President Muhammadu Buhari has arrived in Paris for the Financing Africa Summit.

President Buhari arrives Paris for Financing Africa Summit

According to Buhari’s spokesperson, Garba Shehu, the summit will draw major stakeholders in the global finance institutions and some Heads of Government, who will, collectively, discuss external funding and debt treatment for Africa, and private sector reforms.

Firm cautions Nigerian government over sale of national assets

Agusto Consulting has cautioned the federal government over its plan to relinquish national assets to private hands, saying, the risk involved is unquantifiable.
Nigerian National Petroleum Corporation (NNPC)

NNPC selects 26 firms to lift Nigeria’s crude oil

The Nigerian National Petroleum Corporation (NNPC) has picked 26 foreign and local companies as well as 12 countries to lift the country’s crude oil for the next two years.

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UK’s Minister for Africa, James Duddridge, gave the advice in an interview with newsmen in Abuja.

British minister: Why local partnerships won’t resolve Nigeria’s security challenges

British Envoy and Minister for Africa, James Duddridge, has identified viable alternatives in combating ongoing security challenges in Nigeria.
Director of Information, National Assembly Abuja, Rawlings Agada, has said the sum of N37 billion, approved for the renovation of the National assembly complex may not be enough for the work.

SERAP urges National Assembly to probe fresh ‘missing’ N4.1 billion funds

Socio-Economic Rights and Accountability Project, SERAP, has urged the Senate President, Dr. Ahmad Lawan, and Speaker of House of Representatives, Mr. Femi Gbajabiamila to probe fresh allegations of missing N4.1 billion of public money budgeted for the National Assembly as documented in the 2016 audited report by the Office of the Auditor-General of the Federation.
Nigeria Labour Congress (NLC)

NLC mobilises to shutdown Kaduna Monday

Nigeria Labour Congress (NLC) has started mobilising its affiliate unions and civil society organisations to join the strike in Kaduna State, scheduled to commence midnight Sunday, May 16.
Demonstrators walk, displaying the three-finger salute, during a protest against Myanmar's junta in Yangon May 11, 2021 in this still image taken from video obtained by REUTERS

Myanmar marks 100 days of junta rule with protests, strikes

Protesters rallied in towns and cities around Myanmar on Tuesday to denounce its military rulers, 100 days after the generals' overthrow of an elected government pitched the country into its biggest crisis in decades.
The Institute for Peace and Conflict Resolution (IPCR) has pledged to collaborate with the Nigerian Army Resource Centre (NARC) to find practical solutions to insecurity confronting the country.

Nigerian Army demolishes unserviceable ammunition, explosives in Imo

The 34 Artillery Brigade of the Nigerian Army in Obinze, near Owerri, has begun the demolition of unserviceable ammunition and explosives.