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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.
Mauritius’ Prime Minister Pravind Jugnauth declared a state of environmental emergency on Friday as the Indian ocean island battled to contain an oil spill.

Mauritius declares state of emergency on environment after oil spill

Mauritius’ Prime Minister Pravind Jugnauth declared a state of environmental emergency on Friday as the Indian ocean island battled to contain an oil spill. The oil seeped from a Japanese freighter that ran aground last...

Amber BRT Initiative launched to ease commuting in Lagos

Amber BRT, an initiative to ease commuting in Lagos, has been launched by a private company, Amber Energy Drinks Ltd., as part of their corporate social responsibility.
Okereke, Director, Centre for Climate Change and Development (CCCD) at Alex Ekwueme Federal University, Ebonyi State, made this known in a statement in Lagos on Monday.

Revised NDC will impact Nigeria’s climate, economic development – environmentalist

An Environmental Expert, Prof. Chukwumerije Okereke, says the revision of the nation’s Nationally Determined Contributions (NDC) has the potential to impact Nigeria and Africa’s climate change policy and economic development.
Algeria’s Supreme Islamic Council said the National Bank of Algeria (BNA) had become the first state bank to obtain a sharia compliance certificate from the Sharia Board for issuing Fatwas for the Islamic Finance Industry.

Algeria allows first Islamic finance products by state banks

Algeria said on Sunday it had given the go-ahead to a plan aimed at offering Islamic finance services, as it seeks new funding sources to cope with financial problems caused by a fall in energy revenues.
The new head of Nigeria's state oil company NNPC, Mele Kyari, speaks during an interview with Reuters in Abuja, Nigeria August 7, 2019. REUTERS-Afolabi Sotunde

Plans on to maintain four refineries – NNPC chief

The Nigerian National Petroleum Corporation, NNPC, Thursday, said it has concluded plans to rehabilitate and build new plants, as all the four refineries are currently down, thus forcing the government to import petroleum products from the global market.
Governor of Delta State, Dr Ifeanyi Okowa, has confirmed that one his daughters has tested positive to coronavirus.

Delta governor warns residents, traders against harbouring criminals

Delta State Governor, Senator Ifeanyi Okowa, yesterday warned residents of the State, particularly traders against harbouring criminals, insisting that it was a source of security risk to the entire state.
Kwara State Governor Abdulraham Abdulrazaq

Kwara revises 2020 budget to N115 billion

Kwara State government executive council has approved slashing of the 2020 budget to N114, 791,853,968, a 29.4 per cent decrease from the approved budget of N162,487,666,170, a fallout of dwindling revenue arising from COVID-19 pandemic and steep global economic slowdown.
The government-run National Cyber Security Centre (NCSC) said a group known as “APT29”, Cozy Bear and The Dukes had targeted organisations developing vaccines in Britain, the U.S. and Canada.

UK accuses Russia of trying to hack, steal coronavirus vaccine data

UK and its allies accused Russian intelligence services on Thursday of attempting to steal information on the development of COVID-19 vaccines through “irresponsible cyberattacks.”
Pierre-Emerick Aubameyang celebrates scoring Arsenal's third goal with Bukayo Saka. (David Price-Arsenal FC via Getty Images)

Pierre-Emerick Aubameyang: Why I call Bukayo Saka ‘Little Chilli’

Pierre-Emerick Aubameyang has explained why he calls his Arsenal team-mate Bukayo Saka the “Little Chilli”.
Sudanese Prime Minister Abdalla Hamdok speaks at a news conference during a visit to Berlin, Germany, February 14, 2020. REUTERS-Hannibal Hanschke-File Photo

Sudan replaces finance, foreign and energy ministers in sweeping reshuffle

Sudan’s prime minister replaced the finance, foreign, energy and health ministers and three other senior cabinet post-holders on Thursday as part of a sweeping reshuffle, the government said.

Don identifies renewable energy as panacea to curb incessant collapse of national grid

A don, Dr Ovat Oyama, says increased investment in renewable energy will be the panacea to curbing the epileptic power supply caused by incessant collapse of the national grid.
Mexican police have arrested three men over a bloody gun attack on a drug rehabilitation centre that left 27 people dead, the local prosecutor’s office said Sunday.

27 killed in attack on Mexico rehab centre

Mexican police have arrested three men over a bloody gun attack on a drug rehabilitation centre that left 27 people dead, the local prosecutor’s office said Sunday.

German lawmakers pass bill to phase out coal by 2038

German lawmakers in the Lower House of Parliament on Friday passed a bill, allowing the phasing out of coal in the country by the year 2038.
A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund (IMF) and World Bank annual meeting in Tokyo. REUTERS-Kim Kyung-Hoon

Power: World Bank loan will unlock economic growth – capital market operator

A capital market operator, Mr Godwin Anono, says the World Bank loan of $750million to fix energy challenges in the country will unlock the country’s economic growth.
Food and Agriculture Organization (FAO)

FAO calls for new approach to combat 2 billion-hectare land degradation globally

Food and Agriculture Organisation (FAO), has called for new approach to stop soil loss as a way to combat more than two billion hectares of once productive land now being degraded globally.

Fifty unsold cargoes of Nigeria’s oil await buyers in global market

The global oil market remains dull as 50 unsold cargoes of Nigeria’s Bonny Light await buyers, indicating that the volatile market is still flooded with unsold stocks.
U.S. cloud services company Vonage is partnering with social enterprise CTI Africa to pioneer video-linked healthcare in Uganda, where good hospitals and qualified medical personnel are scarce.

US tech company Vonage bets on digital health care in Uganda

U.S. cloud services company Vonage is partnering with social enterprise CTI Africa to pioneer video-linked healthcare in Uganda, where good hospitals and qualified medical personnel are scarce.

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The Minister of Agriculture and Rural Development, (FMARD), Sabo Nanono, says the Federal Government is committed to ensuring the take-off of University of Agriculture, Zuru, Kebbi, in 2020.

Nigerian government inaugurates mini water treatment plant in Yobe

Federal Ministry of Agriculture and Rural Development on Tuesday inaugurated a mini water treatment plant in Gashua, Bade Local Government Area of Yobe.
The Oyo State House of Assembly on Tuesday confirmed the appointment of Dr. Lateef Oyeleke as Commissioner for Environment and Natural Resources.

Oyo Assembly confirms Lateef Oyeleke as commissioner

The Oyo State House of Assembly on Tuesday confirmed the appointment of Dr. Lateef Oyeleke as Commissioner for Environment and Natural Resources.

DPP: Lagos courts have delivered judgments on 122 sexual offences in 2020

Mrs Yinka Adeyemi, the Director of the Lagos State Directorate of Public Prosecution (DPP), on Tuesday said that courts in Lagos delivered 122 judgments on sexual offences cases from January 2020 to July 2020.
Fulham director of football Tony Khan has ruled out re-signing Ryan Sessegnon from Tottenham.

Fulham director Tony Khan rules out Ryan Sessegnon return

"Ryan already played for us in the Premier League and he didn't do enough to keep us in there. I can't be in the business of developing other people's players. I expect the squad to look very similar to the one that got promoted. We won't spend £100 million again.

Senator Orji Kalu: APC will take over government in Abia in 2023

Sen. Orji Kalu, the Chief Whip of the Senate has said the All Progressives Congress, APC, will take over Abia State from the Peoples Democratic Party, PDP, in the 2023 general election.