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Oil rises as data shows surprise drop in US crude inventories

Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from an OPEC official about lower-than-expected U.S. shale production growth in 2020 also provided some support.

Oil prices gain as market awaits signals on US-China trade talks

Oil prices rose on Tuesday, reversing early losses on hopes that U.S. President Donald Trump may signal progress on trade talks with China in a speech later in the day, Reuters reported.

Border closure: Ogun rice traders laud federal government’s policy, seek price regulation

Some rice traders at Ota in Ogun on Friday attributed the current hike in the price of local rice to unregulated activities of middlemen distributing the commodity across the country.
China is scouring the world for meat to replace the millions of pigs killed by African Swine Fever (ASF), boosting prices, business and profits for European and South American meatpackers as it re-shapes global markets for pork, beef and chicken.

China reshapes global meat markets as swine fever rages

China is scouring the world for meat to replace the millions of pigs killed by African Swine Fever (ASF), boosting prices, business and profits for European and South American meatpackers as it re-shapes global markets for pork, beef and chicken.

Crude oil prices see some profit taking as US, European data approach

Crude oil prices slipped back a little in Asia on Monday, possibly with investors taking some cash off the table ahead of important US and European data.
Tuberculosis

New TB treatment for developing countries to cost $1,040

A newly approved three-drug treatment for tuberculosis will be available in 150 countries, including India and South Africa, priced at 1,040 dollars for a complete regimen, more than twice the cost proposed in the past by advocacy groups for other treatments.

Oil prices fall as hopes of US-China progress wilt

Oil prices fell on Thursday on concerns of lower fuel demand as talks this week between the United States and China, are not expected to help end the trade war between them.

Oil falls a third day as US-China trade tensions may limit demand

Oil prices slipped for a third consecutive session on Wednesday as tensions escalated between the United States and China prior to this week’s trade talks, raising uncertainties for global economic growth and oil demand.
(FILES) In this file photo taken on July 23, 2019 US President Donald Trump addresses the Turning Point USA’s Teen Student Action Summit 2019 in Washington, DC,. – President Donald Trump suggested dropping nuclear bombs on hurricanes before they made landfall in the United States, Axios reported on August 25, 2019. (Photo by NICHOLAS KAMM / AFP)

Donald Trump says no rush for war with Iran

U.S. President Donald Trump said on Monday that although it looked like Iran was behind attacks on oil plants in Saudi Arabia, he did not want to rush into war.
Saudi's Prince Abdulaziz bin Salman Al Saud

Oil rises as Saudi signals OPEC cuts to continue under new minister

Oil rose on Monday on expectations that Saudi Arabia, the world’s largest oil exporter, will continue to support output cuts by OPEC and other producers to prop up prices under new Energy Minister, Abdulaziz bin Salman.
Fun Seekers were seen on Monday in Abuja trooping into the Genesis and Silverbird Cinemas respectively to see movies and have some fun with families and friends to commemorate the Eid-el-Kabir. 4

Eid-el-Kabir: Fun seekers troop Abuja cinemas

Fun Seekers were seen on Monday in Abuja trooping into the Genesis and Silverbird Cinemas respectively to see movies and have some fun with families and friends to commemorate the Eid-el-Kabir.

Sallah: Prices of rams stable in FCT

Prices of rams in the FCT have remained stable with one day to the Eid-el-Kabir celebrations.
Rams

Sallah: Prices of livestock remain stable in Jigawa

Prices of livestock in Dutse, Shuwarin, Sara and Gujungu markets of Jigawa have remained stable, less than one week to Eid-El-Kabir, investigation by newsmen has revealed.
Rams

Ed-el-Kabir festival: Prices of rams rise in Kaduna

Prices of rams have gone sky high in Kaduna as Muslims prepare to celebrate the Eid-el-Kabir festival in eight days’ time.
Oby Ezekwesili

Oby Ezekwesili kicks against central bank’s planned forex restriction for milk

Former Education Minister and Vice-President of the World Bank’s Africa division, Oby Ezekwesili, and other Nigerians expressed concerns about the addition of milk to planned to list of items banned from accessing the official foreign exchange market.
Indian Prime Minister Narendra Modi. (Photos by CHANDAN KHANNA and Karel Prinsloo - AFP)

India’s premier Narendra Modi secures second term

Indian prime minister Narendra Modi has secured a second term after winning the country's general election.
A market survey conducted by the News Agency of Nigeria (NAN) showed that the affected commodities are foodstuffs, frozen foods, beverages and provisions, among other commodities.

Ramadan: Prices of food items rise in Ilorin markets

A market survey conducted by the News Agency of Nigeria (NAN) showed that the affected commodities are foodstuffs, frozen foods, beverages and provisions, among other commodities.

Oil set to extend long run of weekly gains in tense global market

Oil prices dipped on Friday on expectations that producer club OPEC will soon raise output to make up for a decline in exports from Iran following a hardening of sanctions on Tehran by the United States.

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Gov. Seyi Makinde of Oyo State on Tuesday flagged off the COVID-19 Drive-Walk Through Testing programme in the state aimed at controlling the spread of the virus.

441 First class graduates take Oyo teaching service test

The Oyo State Government has said that a total of 441 First Class graduates in different fields applied for the computer-based test that commenced in Ibadan on Tuesday.

Senate probes FIIRO’s alleged extra budgetary spending

The Senate Committee on Science and Technology has commenced investigation into the budgetary expenditure of the Federal Institute of Industrial Research, Oshodi Lagos.
Okwesilieze-Nwodo

Okwesilieze Nwodo: Igbo elites have turned down Nnamdi Kanu’s rhetoric’s to achieve restructured Nigeria

The former National Chairman of the People’s Democratic Party, PDP, Dr. Okwesilieze Nwodo, yesterday, said Igbo elites have been trying to tune down the rhetorics of Nnamdi Kanu to achieve a restructured Nigeria.

Kano Disco urges tenants to verify electricity bill before renting apartment

The Kano Electricity Distribution Company (KEDCO) on Tuesday urged potential tenants to always verify electricity bill status before renting apartments in Kano, Katsina and Jigawa States.
The Nigerian Ports Authority (NPA) says it has come up with solutions to reduce the waiting time of vessels berthing at Lagos terminals.

Nigerian seaports to commence 24-hour operation

Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, disclosed this on Tuesday in Lagos while briefing the media after the second edition of the monthly meeting of heads of maritime parastatals, held at the NIMASA headquarters.