The Minister of Humanitarian Affairs Disaster Management and Social Development Hajiya Sadiya Umar Farouq condemns the killing of four aid workers by insurgents in Borno State Nigeria on the 13th of December,2019. In a Statement in Abuja on Saturday 14th of December, 2019. The Honourable Minister stated; “I received with utter shock and great sadness […]
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Global oil demand increased by 900 kb/d y-o-y in 3Q19, the strongest annual growth in a year. Nearly three-quarters of the growth occurred in China. Indian demand rose 135 kb/d, but OECD deliveries fell for the fourth straight quarter and are expected to decline 75 kb/d overall in 2019. For 2019 and 2020 we have […]
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The Board of Directors of the African Development Bank on Thursday approved a $ 124.2 million loan to finance the Urban Water Sector Reform and Akure Water Supply and Sanitation Project in Nigeria. The amount includes an African Growing Together Fund (AGTF) loan of $20 million. The overall project cost is $222.69 million and will span five […]
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National Chairman of the All Progressives Congress (APC), Comrade Adams Oshiomhole has alleged that his successor in office, Godwin Obaseki and his Deputy, Phillip Shuaibu does not have a political base in their locality, describing the two who claimed to have learnt from him as bad students. Oshiomhole said as a sign that the two […]
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The Nigerian Electricity Regulatory Commission (NERC) says six out of eight Power Distribution Companies (DisCos) have complied or substantially complied with the approved minimum remittance threshold in the Order for July to September 2019. NERC, which is the regulator of the industry, confirmed the development in a notice sent to the affected companies and obtained […]
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