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Force Majeure

Defending champions the Olympic Eagles of Nigeria got off their campaign at the 2019 U-23 Africa Cup of Nations on a dour note following a 1-0 loss to Cote d’Ivoire at the Al Salam Stadium, Cairo, on Saturday evening.

NFF sets up caretaker committee for Anambra FA

The Nigeria Football Federation has set up a Caretaker Committee for the running of the affairs of the Anambra State Football Association, following the expiration of the tenure of the Dr Ifeanyi Ubah-led executive team, and pending the conduct of fresh elections. The tenure of the Caretarker Committee, which will be inaugurated in Awka, the Anambra State capital on Wednesday, 5th August 2020 will be for a period of three months.
Lion Heart Genevieve Nnaji

Oscar 2021: Genevieve Nnaji, Akin Omotoso named Academy members

Nollywood actress, Genevieve Nnaji and Film director, Akin Omotoso, have been selected as members of the 2020 class of the Academy of Motion Picture Arts and Sciences.
The Congolese government will try to financially support mining companies who need help as the COVID-19 pandemic disrupts the industry, Congo’s mines minister Willy Kitobo Samsoni said on Wednesday.

Congo can help mining firms affected by coronavirus – minister

The Congolese government will try to financially support mining companies who need help as the COVID-19 pandemic disrupts the industry, Congo’s mines minister Willy Kitobo Samsoni said on Wednesday.
Kubrat Pulev after the press conference Action Images via Reuters-Andrew Couldridge

Kubrat Pulev’s camp favours Roman Amphitheatre in Croatia for Anthony Joshua fight

The IBF’s mandatory challenger Kubrat Pulev’s representative said on Thursday that the world heavyweight title fight against Briton Anthony Joshua could take place in front of a crowd at a Roman Amphitheatre in Croatia.

Shell resumes oil export from Forcados terminal

The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Monday said it has resumed oil exports from the Forcados Oil Export Terminal.

Shell lifts force majeure on Nigeria’s Forcados crude

Shell lifted a force majeure on exports of Nigeria’s Forcados crude oil after the pipeline transporting it reopened, the company said in a statement on Monday.
Smoke billowing after a fire at a Saudi Aramco factory in Abqaiq, Saudi Arabia, on Saturday. VIDEOS OBTAINED BY REUTERS-REUTERS

Oil prices surge by 20 percent on drone strike on Saudi Arabia

Crude oil prices have surged more than 19 per cent after a drone strike on a Saudi Arabian oil facility wiped out about five per cent of global supplies.

19 firms bid for Afam Power, Yola DisCo

Nineteen firms have indicated interest to acquire the Afam Power Company and the Yola Distribution Company (YDC) put up for sale by the federal government, the Bureau of Public Enterprises has said.

House of Reps seeks reversal of Ibadan DisCo’s directors’ suspension

House of Representatives has called on the Nigerian Electricity Regulatory Commission to rescind the suspension of the executive and non-executive directors of Ibadan Electricity Distribution Company.
Smoke and flame rise from an oil storage tank that was set on fire amid fighting between rival factions at Ras Lanuf terminal, Libya in this handout picture released on June 18, 2018. The National Oil Corporation. Handout via Reuters

Oil prices rise after Libya declares force majeure on some supplies

Oil prices rose on Tuesday after Libya declared force majeure on some of its supplies, although an overall rise in OPEC output and slumping Asian markets kept a lid on gains.
Smoke and flame rise from an oil storage tank that was set on fire amid fighting between rival factions at Ras Lanuf terminal, Libya in this handout picture released on June 18, 2018. The National Oil Corporation. Handout via Reuters

NOC: Libya oil output faces further cuts

The oil ports at Ras Lanuf and Al-Sidra were seized from local militias last week by military strongman Khalifa Haftar, who said all future revenues from the terminals under his control would be handed over to an unrecognised administration in the east of the country.

FAAC: Federal, states, local govts share N655.17 billion for December

The Federation Account Allocation Committee on Tuesday shared N655.17 billion to the three tiers of government as revenue for December.

FAAC shares N609.95 billion to federal, state, local govts for November

The Federation Account Allocation Committee has distributed N609.95 billion to Federal, States and Local Governments as revenue generated in November.

New regulation threatens N466 billion power sector loans

The nation’s banks could lose over N466 billion exposures to the power sector due to new policy by the Nigerian Electricity Regulatory Commission (NERC).

Nigeria lost 773,100bpd of crude oil in May – NNPC

The Nigeria oil industry lost 773,100 barrels per day to production shut-in due to product theft and pipeline vandalism in the month of May, 2017.

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Chad's President Idriss Deby attends the 33rd Ordinary Session of the African Union Summit, at the AU headquarters in Addis Ababa, on February 10, 2020. Michael Tewelde-AFP

Chad: Boko Haram will continue wreaking havoc despite offensive

Chad's President Idriss Deby said on Saturday that Boko Haram jihadists would continue to wreak havoc in the Lake Chad region despite a huge military offensive against the group earlier this year.
RB Leipzig boss Julian Nagelsmann has explained that he rejected the opportunity to go to Real Madrid in 2018, believing it was not the correct step in his career at that time.

Julian Nagelsmann: Real Madrid offer came too soon for me

RB Leipzig boss Julian Nagelsmann has explained that he rejected the opportunity to go to Real Madrid in 2018, believing it was not the correct step in his career at that time.
As total coronavirus infections in Nigeria hit 24,077, the Nigeria Centre for Disease Control, NCDC has warned against abandoning face masks in favour of face shields.

Nigeria coronavirus cases top 46,000 with 453 new infections

The Nigeria Centre for Disease Control (NCDC) says COVID-19 cases in Nigeria increased by 453, with total infections now 46,140.
Bayer Leverkusen star Kai Havertz could leave the club at the end of the season, manager Peter Bosz told Sport Bild, via the Mirror, on Wednesday.

Kai Havertz, Chelsea reach agreement over five-year provisional contract

According to RMC Sport journalist Mohamed Bouhafsi, a five-year provisional contract agreement has been reached between Kai Havertz and Chelsea.
Simeon Nwankwo has signed a three-year contract extension with Italian Serie B side Crotone.

Crotone: Simy Nwankwo not for sale

Crotone chairman Gianni Vrenna says Simy Nwankwo will not be sold this summer despite interests from other clubs.