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Stephen Brennock

The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of the Gulf of Suez, with an initial production rate of 2,000 barrels of crude oil per day.

Oil slips below $45 on-demand concerns, set for weekly rise

Oil dipped below $45 a barrel, on Friday, on worries that a demand recovery would slow due to a resurgence of coronavirus cases.
Organisation of Petroleum Exporting Countries (OPEC) | Reuters

OPEC output slips on Nigeria, Iraq compliance

The oil output of the Organisation of the Petroleum Exporting Countries (OPEC) fell in December as Nigeria and Iraq adhered more closely to pledged reductions and top exporter Saudi Arabia made further cuts ahead of a new production-limiting accord, a Reuters survey found.

Oil lifted toward $73 by real, threatened supply cuts

Oil edged higher toward 73 dollars a barrel on Friday, supported by real and threatened supply disruptions in the Middle East and heading for a weekly gain.

Oil falls to $53 on economic worries, surging supply

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.

Oil rises to $61 on Libyan supply cut

The American Petroleum Institute (API) said on Tuesday that U.S. crude inventories dropped by 10.2 million barrels last week, more than analysts had forecast. Official inventory figures are due later on Wednesday.

Oil prices higher as US sanctions limit Iran exports

Oil prices rose on Monday, supported by concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November.

Saudis see oil price on rise as Trump blasts OPEC

Saudi Energy Minister Khaled al-Faleh said Friday the global market has the capacity to absorb higher oil prices, drawing a swift reaction from US President Donald Trump who accused OPEC of inflating prices.

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Zamfara House of Assembly

Zamfara to site new college of nursing sciences in Zurmi – Speaker

Work on the proposed Zamfara State College of Nursing Sciences will commence soon, the Speaker, Zamfara State House of Assembly, Alhaji Nasiru Magarya, has said.
6. At least 27 police stations were incinerated last week in Lagos, after violence erupted across the commercial hub as a fallout of the military shooting of unarmed protesters in Lekki.

Lagos Assembly to inspect razed police stations, other damaged properties

The Lagos State House of Assembly will ascertain all police stations and other properties destroyed in the wake of the #EndSARS protest and solicit the government‘s assistance to rehabilitate them, a lawmaker has said.
Governorship candidate of the Peoples Democratic Party (PDP) in Ondo State, Mr Eyitayo Jegede has sounded a note of warning to those plotting to rig the October 10 governorship election in the state, saying the people of the state would resist them.

Ondo election: Eyitayo Jegede challenges Governor Akeredolu’s victory at tribunal

The governorship candidate of the Peoples Democratic Party (PDP) in the October 10 polls in Ondo State, Eyitayo Jegede, has urged the Elections Petitions Tribunal to upturn the election which returned Rotimi Akeredolu as governor.
As candidates jostle for the Director-General position of the World Trade Organisaion, WTO, Female Parliamentary in Nigeria, Friday, threw weight behind former Minister of Finance, Ngozi Okonjo-Iweala, to occupy the number one position of the organization.

WTO: EU chief reiterates support for Ngozi Okonjo-Iweala

President of the European Council, Mr Charles Michel, has reiterated Europe’s support for Nigeria’s Dr Ngozi Okonjo-Iweala as the next Director-General of the World Trade Organisation (WTO).
Director, Defence Media Operation, Major General John Enenche, who made this known at a media briefing, also indicated that the DHQ has provided three additional treatment and isolation centres of its own.

Troops foil Boko Haram attack on IDPs’ convoy, kill three insurgents

Disclosing this during the weekly briefing on security operations in Abuja on Friday, the Coordinator, Defence Media Operations, Maj. Gen. John Enenche, explained that two kidnappers, Yahaya Mohammed and Juli Ardo were arrested at Zalau Village in Toro Local Government and Lariki Village in Kirfi Local Government Area, all in Bauchi State.