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Oil prices fell on Thursday as U.S. crude production neared an unprecedented 12 million barrels per day (bpd) just as worries about weakening demand emerge.
Get this straight: Atiku Abubakar will lose the presidential election on February 16. I’m not Rev. Father Ejike Mbaka or one of the tongue-in-cheek seers whose predictions you’ll be struggling to figure out after dropping your offering in the bag at midnight of December 31.
Oil fell towards $53 a barrel on Wednesday, under pressure from rising output in major OPEC and non-OPEC producers and due to concerns about an economic slowdown that could weaken demand.
The year 2018 was not so rosy for the Nigerian Stock Exchange (NSE) as its crucial indicators depreciated by 19.77 per cent due to uncertainties surrounding the forthcoming general elections.
Oil markets dropped by around one per cent in 2019’s first trading on Wednesday, pulled down by surging US output and concerns about an economic slowdown in 2019 as factory activity in China, the world’s biggest oil importer, contracted.
PDP challenges Muhammadu Buhari to respond to Atiku Abubakar’s Etisalat, Keystone Bank ownership allegation
The Peoples Democratic Party (PDP) Presidential Campaign Organisation (PPCO) has challenged President Muhammadu Buhari to answer an allegation made by Atiku Abubakar that family members of the president had acquired Etisalat Nigeria and Keystone Bank Plc at the tune of N1.032 trillion.
Oil prices fell more than one per cent on Thursday after rebounding eight per cent in the previous session, as worries over a glut in crude supply and concerns over a faltering global economy pressured prices.
Oil ministers from leading OPEC nations said Sunday they expect prices will arrest their recent slide and rebalance early next year, when a deal on new production cuts takes effect.
Mr Bank-Anthony Okoroafor, an energy expert says the projected 2.3 million barrel of crude oil production per day and 60 dollar oil benchmark in the 2019 budget is not realistic.
Zainab Ahmed, Minister of Finance, said on Thursday that the Federal Government will be releasing new revenue initiatives which will include a new set of taxes and excise duties.
On Monday December 17, 2018, President Muhammadu Buhari who is seeking re-election for a second term of office will be marking his 76th birthday and, in his own words, “still going strong.”
Crude oil production will be cut by 1.2 million barrels per day from January 2019 for an initial period of six months.
Twenty years ago Jean-Marc Michaud was a paratrooper who proudly marched with the army down the Champs-Elysees avenue in Paris on France’s national holiday.
The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has challenged the Federal Government to show evidence that he benefitted from the N156m slush fund that allegedly led to the collapse of the defunct Platinum Habib Bank.
The club’s Team Manager Kabiru Baleria was installed as the acting technical adviser and he was in charge of the team’s last two Nigeria Professional Football League (NPFL) matches against Heartland and El Kanemi Warriors respectively.
No fewer than 11,000 Corps members in Kano state are currently undergoing training organised by the Independent National Electoral Commission (INEC) in the state.
Vice President, Yemi Osinbajo, has declared that the country needs a sincere and honest President like Muhammadu Buhari to lead the country.
As the National Bureau of Statistics (NBS) releases its December 2018 inflation figures this week, leading research firms in the country, FSDH Research and Financial Derivatives Company (FDC), said in their forecasts at the weekend that the nation’s inflation rate for December 2018 would increase.
Governor Oluwarotimi Akeredolu of Ondo state on Tuesday distributed micro-credit loans to widows of soldiers who lost their lives in the war against the Boko Haram sect.
Disciplinary proceedings have been opened against Chelsea over allegations of racist chanting at the Europa League match against Vidi.
Gonzalo Higuain declined to comment on reports of a move to Chelsea on his return to Italy in the early hours of Thursday morning.
Kano State commissioner of police, Alhaji Rabiu Yusuf, has assured that adequate securities have been put in place to guarantee the safety of all and sundry before, during and after the forthcoming general elections.