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Saudi Aramco’s multibillion-dollar share sale, likely the biggest initial public offering (IPO) in history, is officially underway after the company formally announced its plans to list stock on the Kingdom’s stock exchange, the Saudi Tadawul.

Saudi capital market authority gives green light for Aramco’s record IPO

Saudi Aramco’s multibillion-dollar share sale, likely the biggest initial public offering (IPO) in history, is officially underway after the company formally announced its plans to list stock on the Kingdom’s stock exchange, the Saudi Tadawul.

Saudi capital market gives green light for Aramco’s record initial public offering

Saudi Aramco’s multibillion-dollar share sale, likely the biggest initial public offering (IPO) in history, is officially underway after the company formally announced its plans to list stock on the Kingdom’s stock exchange, the Saudi Tadawul.
Iranian President Hassan Rouhani has said his country will present a regional cooperation plan to create security in the Gulf when he attends the United Nations General Assembly this week.

US eager to use Saudi Aramco attack for billion-dollar deals – Iranian leader

The U.S. seeks to use the recent drone attack on Saudi Aramco oil facilities to its utmost advantage by striking billion-dollar deals and attaining a permanent presence in the Middle East, Iranian President Hassan Rouhani said on Monday.
Iran's Hassan Rouhani also said in his speech that bowing to US pressure amounts to 'treason' [Abedin Taherkenareh-EPA]

Iran threatens ‘all out war’ against US, Saudi Arabia if attacked

Iran warned Thursday that military action by the United States or Saudi Arabia would result in “all-out war,” as the Trump administration weighed its response after blaming Iran for a wave of strikes that crippled the kingdom’s oil infrastructure.g

Saudi drone attack: Oil prices fall after initial rise

Oil fell more than one per cent yesterday as the market was challenged creating uneasiness following attacks on Saudi Arabian crude facilities that cut the kingdom’s production in half and sent prices soaring by the most in decades.
President Muhammadu Buhari has felicitated with all the 2019 Nigerian pilgrims over the successful completion of their Hajj rites and the Eid-el-Kabeer celebration.

President Buhari condemns attack on Saudi refineries

President Muhammadu Buhari says the Federal Republic of Nigeria stands in solidarity with the Kingdom of Saudi Arabia, following drone attacks yesterday on the refinery plants at Khurais and Abqaiq.
The minister of Finance, Budget and National Planning Mrs Zainab Ahmed disclosed this on Tuesday during her maiden meeting with top officials of the two merged ministries at the headquarters of Budget and National Planning in Abuja.

Federal government considers 30-year economic plan

The Federal Government has announced that it was fine-tuning arrangements to embark on a 30-year economic long-term development plan.
The new minister of State for Budget and National Planning, Clement Agba, has charged staff of the ministry to work harder and smart to realize the Next Level agenda of the federal government.

2020 Budget: Federal government maintains benchmark in spite increase in oil price

Minister of State for Budget and National Planning, Mr Clem Agba, has said that the Federal government would maintain its benchmark of 60 dollars per barrel in spite of the sudden increase in the price of crude oil.
Nigeria’s President, Muhammadu Buhari on Saturday attended the Extra Ordinary ECOWAS Summit on Counter Terrorism in Ouagadougou, Burkina Faso. 4

President Buhari condemns attack on Saudi refineries, expresses Nigeria’s solidarity

President Muhammadu Buhari says Nigeria stands in solidarity with the Kingdom of Saudi Arabia, following drone attacks on the country’s refinery plants at Khurais and Abqaiq.
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.
The Tadawul All-Shares Index, which tracks the Arab world’s largest capital market, sank three per cent, shedding some 200 points in the first few minutes before regaining some of the losses.

Saudi stock exchange slumps after oil facility attacks

The Tadawul All-Shares Index, which tracks the Arab world’s largest capital market, sank three per cent, shedding some 200 points in the first few minutes before regaining some of the losses.
Smoke billowing after a fire at a Saudi Aramco factory in Abqaiq, Saudi Arabia, on Saturday. VIDEOS OBTAINED BY REUTERS-REUTERS

Drone attack halves Saudi Arabia crude output

Oil prices may go up as much as $100 after half of Saudi Arabia’s oil production went offline following a surprise drone strike by Houthi fighters.
(FILES) In this file photo taken on February 25, 2006 Saudi security guard the entrance of the oil processing plant of the Saudi state oil giant Aramco in Abqaiq in the oil-rich Eastern Province. Drones struck two Saudi Aramco oil facilities early on September 14, 2019, state media said, citing the interior ministry. “The industrial security teams of Aramco started dealing with fires at two of its facilities in Abqaiq and Khurais as a result of… drones,” the official Saudi Press Agency reported.STRINGER / AFP

Yemeni rebel drones spark fires at two Saudi Aramco oil facilities

Drone attacks sparked fires at two Saudi Aramco oil facilities on Saturday, the interior ministry said, the latest such assault claimed by Yemeni rebels as the energy giant prepares for a much-anticipated stock listing.

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Legendary reggae artiste, Majekodunmi Fasheke, aka Majek Fashek is dead. The artiste died in a New York hospital after a protracted illness on Monday about 5-45pm. He was aged 71.

Nigerian celebrities mourn deceased Majek Fashek

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Rwanda says it will announce new restrictions on containing the coronavirus Tuesday, a stark reversal of the country's plan days ago to ease restrictions, including motor vehicle travel throughout the country.

Rwanda set to announce new coronavirus restrictions

Rwanda says it will announce new restrictions on containing the coronavirus Tuesday, a stark reversal of the country's plan days ago to ease restrictions, including motor vehicle travel throughout the country.
Nigerian President Muhammadu Buhari3

Nigeria declares telecoms facilities critical national Infrastructure

In response to the yearnings of industry stakeholders to declare telecom facilities Critical National Infrastructure, President Muhammadu Buhari, has finally approved and also directed that necessary physical protective measures be put in place to safeguard telecommunications infrastructure deployed across the country.
President Muhammadu Buhari has again, addressed Nigerians on the efforts of its government to contain the coronavirus pandemic (covid-19) that is ravaging the country 4

ASCAB: President Buhari’s speech underestimate Sani Abacha’s $5 billion loot

Alliance for Surviv­ing COVID-19 and Beyond, (ASCAB), a group led by prominent Nigerian human rights lawyer, Femi Falana has said that President Mu­hammadu Buhari’s claim that late dictator, Sani Abacha, stole $1 billion con­tradicts the figures earlier released by his own officials.