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Oil prices slipped, on Tuesday, as expectations that top producers would agree to raise oil supply in a meeting this week weighed on sentiment, already hit by concerns over slowing Chinese demand.
The Pan-Yoruba socio-political organisation, Afenifere, its South-East counterpart, Ohanaeze Ndigbo, the Pan-Niger Delta Forum, PANDEF, among others, yesterday, condemned stoppage of the supply of foodstuffs and cattle to the south from the north by the Amalgamated Union of Foodstuffs and cattle Dealers of Nigeria.
The Director General, National Information Technology Development Agency (NITDA), Dr. Kashifu Abdulahhi, has stated that Nigeria’s attainment of digital transformation depends on the optimisation of the vast opportunities embedded in the space ecosystem.
Senator Emma Nwaka, a one-time chairman of the Peoples Democratic Party (PDP) in the state stated this in a chart with newsmen in Umuahia, the capital, describing the development as very encouraging.
With N9.4 billion paid to stakeholders, including service providers, approval by the Federal Executive Council (FEC), and with 31 states to cover, the Minister of Information and Culture, Alhaji Lai Mohammed, has said the federal government has no more excuses for not rapidly rolling out the Digital Switch Over (DSO).
The National Agency for Food and Drug Administration and Control (NAFDAC) has vowed to shut down packaged water production facilities that fail the Good Manufacturing Practice requirements.
Farmers, who spoke to newsmen in Jos on Sunday, said that because many of the farmers could not bear the rising cost of the feeds, they “are gradually opting out of business.’’
Efforts to develop cassava seed system would help Nigeria to transform cassava and meet the growing demand for cassava seeds of about N10 billion from cassava growers.
The Chairman and Founder of the BUA Group, Alhaji Abdulsamad Rabiu, has called for the liberalisation of Nigeria’s cement policy to boost production and subsequently crash the price of the commodity.
Analysts yesterday forecasted a faster economic recovery for Nigeria as crude oil prices, at $60 per barrel, hit a new high since February 2020.
Over 150 million people were pushed into extreme poverty in the year 2020 as a result of the negative effects of the COVID-19 on global economy, making them to join hundreds of millions of people living below poverty line, a report by the World Bank has revealed.
The World Health Organisation (WHO) says three-quarters of all COVID-19 vaccinations were only in 10 countries, accounting for almost 60 per cent of global Gross Domestic Product (GDP).
The world’s top oil exporter, Saudi Arabia, raised on Thursday the prices of all its crude oil that will go to the United States and Europe in March while leaving unchanged the official selling prices of its crude to its key market in Asia.
Actors with disabilities will be included in auditions for each new film and television production at NBCUniversal, which becomes the second major media company to make such a commitment.
Indian farmers began a one-day hunger strike on Saturday in protest against new agricultural laws after a week of clashes with authorities that left one dead and hundreds injured.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the upcoming integrated methanol and gas project would create 30, 000 direct and indirect jobs in the country.
An Abuja-based research institute, Africa Polling Institute (API) has listed popular comedians Broda Shaggi, Mark Angel Comedy, Mr Macaroni, and Taaooma as Nigeria’s top skit comedians and digital content creators.
Producers group CIVC said on Tuesday that sales of bubbly dropped 18% in 2020 by volume and the pandemic would continue to weigh on demand in the first half of this year, although the extent of last year’s decline was less than initially forecast and there was some year-end cheer.
A global chip shortage is choking the production of machines used to “mine” bitcoin, a sector dominated by China, sending prices of the computer equipment soaring as a surge in the cryptocurrency drives demand.
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.
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.
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 has responded to critics who claim he hasn’t done enough in the big games this season.
Governor Okezie Ikpeazu has assured that the on-going Eziukwu Cemetery Road which has been abandoned for close to three decades would be fully recovered under his watch.
AC Milan striker Zlatan Ibrahimovic has responded to criticism from LeBron James, insisting that "athletes unite the world, politics divides the world".
Digital payments firm Square said Thursday it was buying a controlling stake in the streaming music platform Tidal from a group led by rap star Jay-Z for $297 million in cash and stock.
Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has announced its audited results for 2020, recording a revenue of $530.5 million.
The Federal Road Safety Corps (FRSC) Lagos State Command says its continuous capacity building programmes for drivers have brought a lot of improvement on the traffic situation on roads in the state.