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Global growth in new renewable energy capacity will experience its first annual decline in 20 years, this year amid the coronavirus pandemic.
Members of the organised private sector (OPS) and some analysts have hailed the plan by the federal government to further review downward the oil price benchmark in the 2020 budget to $20 per barrel.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the federal government adopted a lower oil benchmark price of $57 per barrel for the 2020 budget as against the $60 per barrel in the 2019 budget because of the expected oil glut in 2020, as well as the need to cushion against unexpected price shock.
Nobel Laureate, Professor Wole Soyinka, will be a special guest to review Chief Keith Richards’ latest book, “Never Quite the Insider: a Nigerian Memoir” in Lagos on Thursday, 17 October, 2019.
Climate change is one of the greatest challenges of our time and the goal of reducing greenhouse gas (GHG) emissions will be difficult to achieve without a significant increase in the use of nuclear power, IAEA Acting Director General Cornel Feruta said today.
The recent decision by oil-producing countries to prolong cuts in output will not fundamentally change the outlook for a market that is heavily oversupplied, the IEA said on Friday.
Iraq’s oil minister said on Thursday his country had the capacity to increase its oil production to 6 million barrels per day (bpd) if needed, but it was committed to OPEC-led output cuts and would not take unilateral action to boost supply.
Brent crude oil prices rose back above $80 a barrel on Monday as markets were expected to tighten once U.S. sanctions against Iran’s crude exports are implemented next month.
The Council for the Regulation of Engineering in Nigeria (COREN), has approved requests of 19 institutions for the accreditation of their engineering programmes in the country.
Oil prices rose on Thursday, extending gains on growing evidence of disruptions to crude supply from Iran and Venezuela and after a fall in U.S. crude inventories.
Oil prices rose higher on Friday, heading for their after U.S. President Donald Trump’s comments about possible military action in Syria and reports of dwindling global oil stocks.
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The late Ondo Health Commissioner Dr Wahab Adegbenro was buried in Ilara-Mokin, according to Muslim rites.
The Ondo State Government has directed all flags in the state to fly at half mast for seven days to mourn the late Wahab Adegbenro, the state’s commissioner for health who died on Thursday.
Riyad Mahrez has taken to social media to express the joy of Manchester City’s 4-0 win over Liverpool on Thursday, although he wished it was by a bigger margin.
The Federal Government through the Ministry of Humanitarian Affairs, Disaster Management, and Social Development is to distribute 19, 508 bags of fertilizers to farmers affected by 2018 flooding in five LGAs of Kogi State.
The French government led by Prime Minister Edouard Philippe submitted its resignation Friday ahead of a cabinet reshuffle to be announced “in the coming hours,” the presidency said.
The U.S. response to the coronavirus pandemic is “embarrassing” compared to other countries, Microsoft founder Bill Gates said in an interview with CNN.
Liverpool will make an approach for Napoli defender Kalidou Koulibaly in the “coming days” as they begin planning for next season after winning the Premier League.
Efih joined Zaragoza a few days after announcing her departure from Sporting Huelva following the expiration of her contract back in June.
The report in Sky Sport says Borussia Dortmund are demanding a fee over £100million for the attacker but the Red Devils are reluctant to pay such amount for the former Manchester City winger.
Frank Lampard has told his Chelsea players they still face a tough fight for a top-four Premier League finish.