Organisation for Economic Co-operation and Development
OPEC, non-OPEC withdraw 2.1 billion barrels in 9 months
The Organisation of Petroleum Exporting Countries, OPEC, and non-OPEC member States, have withdrawn 2.1 billion barrels of excess oil from the volatile oil market, thus raising hope on market stability.
China leads global recovery amid pandemic – Spanish expert
Xulio Rios, Director of the Observatory of Chinese Politics in Spain said China has played a leading role in global recovery from the COVID-19 pandemic.
Women in finance must ask for promotion, unlike men – survey
Far fewer women than men are promoted in the finance industry unless they first ask for seniority, a sign of institutional gender bias, according to a new study in Australia.
Tijani Muhammad-Bande successfully served at most trying time – UN chief
UN Secretary-General Antonio Guterres said Nigeria’s Amb. Tijani Muhammad-Bande was the miracle needed by the General Assembly to deliver on its mandate in the face of COVID-19.
UN: Children in richest countries face obesity, lack of skills
The report ranks 41 European Union and Organisation for Economic Co-operation and Development (OECD) countries on children’s health, skills, and happiness.
Canada finance minister resigns
Canada’s finance minister Bill Morneau announced his resignation Monday, on the heels of an ethics scandal and amid a reported split with Prime Minister Justin Trudeau over pandemic spending.
Mark Zuckerberg to voice support for global tax on tech giants
Facebook CEO Mark Zuckerberg is to offer public support for international tax reform which would see technology giants pay more tax in Europe.
Facebook’s Mark Zuckerberg wants ‘new framework’ for digital tax
Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants are taxed worldwide, even if that means companies like his own paying more to national governments.
ECB chief tells Europe to ‘innovate and invest’
Christine Lagarde on Friday urged European countries to “innovate and invest” more to support growth at a time of global uncertainty, in her first major policy speech as president of the European Central Bank.
Expert: Retention of MPR at 13.5 percent in order
Mr Tope Fasua, an economic expert, said the retention of Monetary Policy Rate (MPR) by the Monetary Policy Committee (MPC) was in order.
UNHCR: 70 million people displaced globally by war, violence
The United Nations High Commissioner for Refugees (UNHCR), Filippo Grandi, has said that over 70 million people have globally been displaced by war, violence, sometimes combined with poverty or climate change.
OECD: Millennials are been squeezed out of middle class
The middle class is getting squeezed and it is the millennial generation above all that is bearing the brunt, the Organisation for Economic Co-operation and Development has said, urging action to help households struggling with the rising cost of education and housing as incomes stagnate.
South Korea steps up fight against pollution
South Korea on Wednesday ramped up its firepower as its battle pollution, passing a set of bills that designate the problem a 'social disaster' and which could unlock emergency funds to tackle the issue.
Emmanuel Macron seeks to win back left wingers with anti-poverty plan
President Emmanuel Macron announced a slew of measures Thursday to combat stubborn poverty in France, seeking to win back support from leftwingers who say his policies have left the poorest behind.
Transparency: Bribery going unpunished in world’s top exporting economies
Cross-border bribery and corruption are worldwide phenomena conducted with impunity, with both developed and developing countries failing to enforce anti-corruption laws and conventions, a report released Wednesday found.
Air pollution cause of 20% infant deaths in Nigeria, others
Air pollution is responsible for one in five infant deaths in Nigeria and other sub-Saharan African countries, according to a study published by Stanford University and the University of California, San Diego in the United States.
Oil price fall to $75 per barrel on rising supply by US
There are indications that the oil industry of the United States of America, USA, is now capitalizing on the recent upsurge in oil prices to pump-up volume in the market, leading to excess supply glut and slump in prices.
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Nigerian Army appoints new GOCs, PSO, others
The Nigerian Army has announced the appointment of new General Officers Commanding, Principal Staff Officers, commandant of tri-service institution and army training centres, corps commanders, among other positions to man the various divisions, units and commands of the service.
Rivers governor: Good infrastructure reward for people’s resistance when army ‘tried to rig’ election
Rivers State Governor Nyesom Wike has said the construction of eight flyover bridges in Port Harcourt alongside other critical infrastructure is in a mark of appreciation to the people of Rivers whom he commended for, in his words, having resisted ‘the Army and other security agencies [when they] tried to rig [the 2019] election’ in the state.
ASUSS lauds Nigerian government over recognition as legal trade union
The Academic Staff Union of Secondary Schools (ASUSS) has commended the Federal Ministry of Labour and Productivity for granting recognition to the trade union in spite of an alleged deregistration plot against it by a rival union.
Boko Haram: Nigerian Army commanding officer, four others laid to rest in Borno
The Nigerian Army has buried a commanding officer and four other soldiers killed in the attack on the military base in Marte local government of Borno state.
Bruno Fernandes hits back at critics ahead of Manchester derby
Bruno Fernandes has responded to critics who claim he hasn’t done enough in the big games this season.
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Zamfara schoolgirl: Our abductors were young boys, they wanted to ‘touch us’
One of the victims of last Friday’s abduction of Zamfara State Government Girls Secondary School in Jangebe, Hafsat Anka, said the captives threatened to kill, fry and eat them if they misbehaved.
IPMAN surveillance team battles product thieves, adulterators in Delta
There’s palpable fear in Delta State as the Eshanekpe Israel, a.k.a Akpodoro-led Sector ‘C’ Command of the Surveillance Team of Independent Petroleum Marketers Association of Nigeria, IPMAN, Delta State battles oil thieves, product adulterators, impostors, who have allegedly established themselves in the oil-rich state.
Lobbyist says Myanmar junta wants to improve relations with the West, spurn China
An Israeli-Canadian lobbyist hired by Myanmar’s junta said on Saturday that the generals are keen to leave politics after their coup and seek to improve relations with the United States and distance themselves from China.
Boko Haram: Nigerian Army commanding officer, four others laid to rest in Borno
The Nigerian Army has buried a commanding officer and four other soldiers killed in the attack on the military base in Marte local government of Borno state.
Bandit commanders hold peace meeting in Niger
The commanders of the various bandits groups operating across Niger State have held a meeting to deliberate on how to dialogue with the state government.