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Venezuela

Oil prices slip to $71.43 per barrel

Oil markets fell on Thursday despite a surprise decline in U.S. inventories, but the price drops were tempered by a smaller-than-expected reduction in gasoline stocks and ongoing Organisation of Petroleum Exporting Countries (OPEC)-led supply cuts.
Gboyega Oyetola

Osun partners farmers, foreigners on agric production

Government officials, farmers and foreign partners recently congregated in Osogbo, Osun State, to brainstorm on the need to improve capacity for agricultural production and economic development. It was the three-day International Agricultural Technology Exhibition and Conference.

The people’s revolt in Algeria and Sudan

Young people are leading a people’s revolution in Algeria and Sudan, both developments remind us forcefully of the wages of mis-governance, the power of the people to seize control of their own destiny, and the role that the youth can play in a country’s development process.
US Secretary of State Mike Pompeo called for a 'new era of cooperation' [Petr David Josek-AP]

Mike Pompeo: US to use all economic, political tools to hold Nicolas Maduro accountable

The U.S will use all economic and political tools at its disposal to hold Venezuelan President Nicolas Maduro accountable for his country’s crisis and will make clear to Cuba and Russia they will pay a price for supporting him, U.S. Secretary of State Mike Pompeo said on Sunday.
Handout picture taken on January 29, 2019 and released by the Venezuelan Presidency on January 30 shows Venezuela’s President Nicolas Maduro speaking at the Miraflores presidential palace in Caracas. – Venezuela’s President Nicolas Maduro said he was prepared to hold negotiations with the US-backed opposition and added he would support early parliamentary elections, RIA Novosti reported on Wednesday. (Photo by Francisco BATISTA / Venezuelan Presidency / AFP) / RESTRICTED TO EDITORIAL USE – MANDATORY CREDIT “AFP PHOTO – Venezuelan Presidency / Francisco BATISTA” – NO MARKETING NO ADVERTISING CAMPAIGNS – DISTRIBUTED AS A SERVICE TO CLIENTS

US urges Nicolas Maduro to allow aids to Venezuela

Donald Trump’s Secretary of State, Mike Pompeo, called on Venezuelan President Nicolas Maduro to allow aid to enter the country. Pompeo urged Maduro to step down and sent a stern warning to Cuba and Russia.
The Nigeria Labour Congress has embarked on a nationwide protest on Tuesday after the rescheduled meeting between it and the Federal Government failed to hold in Abuja on Monday.-4

NLC cautions federal government against IMF recommendation on petroleum subsidy removal

The Nigerian Labour Congress (NLC) has cautioned the Federal Government against implementing the recommendation of the International Monetary Fund (IMF) on the removal of subsidy on petroleum products in the country.

US warns citizens to ‘reconsider travelling to Nigeria’

The United States of America department of state has cautioned its citizens to reconsider travel to Nigeria because of violent crimes recorded in different parts of the country.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has again accused President Muhammadu Buhari of clamping down on the judiciary.

Federal government warns Atiku Abubakar to stop overheating the polity

The Federal Government on Thursday admonished the People’s Democratic Party’s Presidential candidate, Alhaji Atiku Abubakar to stop overheating the polity with purported self help moves after losing the February presidential elections.

Lai Mohammed: Atiku Abubakar desperate to replicate ‘Venezuelan model’ in Nigeria

The federal government has accused Presidential Candidate of the Peoples Democratic Party (PDP) in the just concluded election, Alhaji Atiku Abubakar, of planning to replicate the Venezuelan model in Nigeria, following media reports that he has hired a United States lobbying firm to convince the US not to recognise the reelection of President Muhammadu Buhari until the Supreme Court rules on the suit.

Oil edges up amid tightening supply, economic slowdown weighs

Oil prices inched up on Wednesday amid supply cuts by producer group, OPEC, and U.S. sanctions on oil exporters, Iran and Venezuela, but pressured by expectations that an economic slowdown could soon dent fuel consumption.

Oil prices to steady at $72.50 in Q2 on cuts, US sanctions

Goldman Sachs has adjusted its second quarter (Q2) 2019 Brent oil price forecast upwards by 11.5 per cent from $65/barrel to $72.50/b to reflect stronger assumptions on OPEC output cuts, further tightening of U.S. oil sanctions on Venezuela, and Iran, as well as only moderate growth in U.S. shale production.
Argentina and Colombia have been confirmed as co-hosts of Copa America 2020.

Argentina and Colombia named co-hosts of expanded Copa America 2020

Argentina and Colombia have been confirmed as co-hosts of Copa America 2020.

Oil hits five-month high above $71 on Libyan supply threat

Oil hit a five-month high above 71 dollars a barrel on Tuesday, supported by concern that violence in Libya could further tighten supply already squeezed by OPEC cuts and U.S. sanctions on Iran and Venezuela.

Oil prices climb to five-month high amid OPEC cuts, US sanctions, Libya fighting

Oil prices rose to their highest level since November 2018 on Monday, driven upwards by the Organisation of Petroleum Exporting Countries’ (OPEC) ongoing supply cuts, U.S. sanctions against Iran and Venezuela, fighting in Libya as well as strong U.S. jobs data.
Venezuelan opposition leader Juan Guaido, gestures during a news conference Buenos Aires [Agustin Marcarian-Reuters]

Venezuela’s Diego Guaido calls on protesters to intensify pressure on President Maduro

Thousands of opposition supporters are expected to march through the capital c from 11:00 am on Saturday as Venezuela’s power struggle is exacerbated by massive blackouts and the collapse of water supplies.
Diego Maradona

Diego Maradona stirs fresh dust over Venezuela’s Nicolas Maduro, blasts Donald Trump

The Mexican Football Federation is investigating whether Diego Maradona violated its ethics code when he praised Venezuelan President Nicolas Maduro and slammed President Donald Trump after a recent match.

Misery Index: Nigeria not a miserable country

In a report titled: “The Misery Index 2018,” authored by Dr. Steve Hanke of the Johns Hopkins University in Baltimore, Maryland, Nigerians have been labelled the sixth most miserable people in the world. The misery index was introduced in the 1970s by Arthur Okun, an American economist, author of the seminal work, Equality and Efficiency: The Big Trade Off (1975).

Oil extends first-quarter gains on tight supply, economic optimism

Oil rose on Monday building on its largest first-quarter gains in nearly a decade as tight supply and positive signs for the global economy supported prices.

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Former VP Namadi Sambo elected board chair Baze university

Former Vice President Namadi Sambo was yesterday unanimously elected chairman board of trustees of Baze University, Abuja alongside four other new members inaugurated by the board.
4 The Nigerian Air Force (NAF) said it has commenced aerial display of its fighter aircraft in the Federal Capital Territory (FCT), as part of its activities to mark the country’s 58th Independence Day celebration on October 1.

NAF to mark 55th anniversary April 22

The Nigerian Air Force (NAF) will deploy aircraft, military equipment and personnel in Abuja during rehearsals for its 55th Anniversary celebration.
Lionel Messi already deserves to lift a sixth Ballon d'Or regardless of whether he wins the Champions League with Barcelona or not, according to former Brazil striker Rivaldo.

Rivaldo: Lionel Messi already deserves the next Ballon d’Or

Lionel Messi already deserves to lift a sixth Ballon d'Or regardless of whether he wins the Champions League with Barcelona or not, according to former Brazil striker Rivaldo.
Carlo Ancelotti still believes in Napoli's squad as he backed his players after their Europa League defeat to Arsenal.

Carlo Ancelotti backs Napoli squad despite Europa League defeat to Arsenal

Carlo Ancelotti still believes in Napoli's squad as he backed his players after their Europa League defeat to Arsenal.
All Progressives Congress (APC) Nigeria

Ninth National Assembly: Forum of APC newly-elected Reps backs Femi Gbajabiamila

The Forum of All Progressives Congress (APC) newly-elected members of the House of Representatives have expressed support for the consensus candidate of the party for the 9th National Assembly Speakership, Femi Gbajabiamila.