Commentary : OPEC Struggles over Oil Demand Slowdown

As OPEC ministers this week mull their response to the coronavirus and the corresponding fall in oil prices, the challenge facing the producer group couldn’t be more daunting. Oil prices have tumbled in recent weeks due to concerns about the demand impact of coronavirus, especially from China, which has been hardest hit by the virus. […]

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OPEC Defies Covid-19; opens crucial meetings, today:

Nigeria’s Minister of State for Petroleum, H.E. Timipre Sylva joins other OPEC Ministers today in defying the concern about Covid-19 by holding crucial meetings in Vienna. The mere confirmation that the meetings would go ahead had rescued plunging of oil prices. Last week, prices had come down to below $50pb but rebounded by up to […]

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Covid-19: Nigeria to Review 2020 Budget

The Minister of Finance, Budget and National Planning, Zainab Ahmed, says the outbreak of Covid-19 has negatively impacted Nigeria’s oil revenue, saying a mid-term review of the 2020 budget will be carried to reflect the realities on ground. The minister stated this when she fielded questions from State House correspondents at the end of the […]

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How #Covid-19 Disrupts Global Supply Chain-Adetokunbo Kayode

Covid -19 is seriously disrupting global supply chain and African businesses may soon be hard hit, President of Abuja Chamber of Commerce and Industry ACCI), Prince Adetokunbo Kayode has raised the alarm. Speaking while hosting a business delegation from the European Union led by Gianioca Russo of Q and T in his office in Abuja […]

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COVID-19: Nigerian Health Ministry Identifies 100 Contacts

The Federal Government traced no fewer than 100 contacts of the first reported Coronavirus (COVID-19) case in the country, Minister of State for Health, Sen. Olorunnimbe Mamora, said. He disclosed this at News Agency of Nigeria (NAN) Forum in Abuja that the ministry is also working toward tracing other contacts of the coronavirus index patient […]

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NIMASA Queues Behind FG’s Effort to Combat COVID-19

…. Collaborating with all sister agencies and adopting all health protocols of the Federal Government and World Health Organisation to curb the menace of COVID-19 and ensure our country remains safe – Dakuku The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside says the agency is on alert to help the country […]

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#Covid19: Governors’ Forum Pledges Massive Response

The Nigeria Governors’ Forum (NGF), says members will deploy massive resources toward forestalling the spread of Coronavirus (COVID-19), after a case was confirmed in Lagos on Tnursday.    The forum made the plea in a statement issued by its Chairman and Governor of Ekiti, Dr Kayode Fayemi, on Friday in Abuja. Fayemi said that the […]

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#COVID-19: Kaduna Residents Rush for Ginger,Garlic

–as letter from China reveals they cure COVID-19 Disease originates from snake,bat’ By Sardauna Ibrahim As Corona virus is feared to have spread in Lagos,Nigeria,people in Kaduna, Northwest Nigeria, have continued to  buy ginger and garlic believed to be a good prevention and cure against corona virus infection. According to a letter allegedly from  China […]

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