Saudi Arabian state oil producer Aramco, on Tuesday, posted a 39 per cent jump in its third-quarter net income that beat analysts’ forecasts, boosted by higher crude oil prices and volumes sold. Aramco’s net income rose to $42.4 billion for the three months to Sept. 30 from $30.4 billion a year earlier, it said in […]
Oil prices rose on Tuesday, paring losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand in the world’s second-largest oil consumer. Brent crude for January delivery rose 73 cents, or 0.8 per cent, to $93.54 a barrel at 0406 GMT […]
A businessman, Mr Justine Onu on Monday, pleaded with a Customary Court in Abuja, to dissolve his marriage with his wife, Joyce, for allegedly having secret affairs with his cousin. The petitioner told the court that his wife was promiscuous and he was tired of the marriage. “I caught my wife having sex with my […]
Gov. David Umahi of Ebonyi has placed a ban on political rallies in both public primary and secondary schools in the state effective from Nov. 1. Umahi also banned commercial motorcycle operators in the state from 7.00 p.m. to 6.00 a.m. He made the announcement during the stakeholder summit on citizens’ input and consultation on […]
President Nana Addo Dankwa Akufo-Addo of Ghana has outlined measures to halt the depreciation of the country’s currency, cedi. Akufo-Addo announced these measures in a televised nationwide address, blaming the COVID-19 pandemic and the Russian-Ukrainian conflict for the country’s economic woes. He also blamed currency speculators and unlicensed currency dealers dubbed as “black market operators” […]
Kachia and Kagarko Federal constituencies of Kaduna State have commended Vice President Yemi Osinbajo over his contributions to national unity and stability. Osinbajo’s spokesman, Laolu Akande, in a statement in Abuja, said the vice president received a delegation of Southern Kaduna leaders from Kachia and Kagarko Local Government Areas, at the Presidential Villa, Abuja. The […]
The Adamawa branch of the Road Transport Employees Association of Nigeria (RTEAN) has called on the state government to create additional motor parks in Yola and Jimeta towns to decongest the existing ones. Alhaji Isah Isami, the state chairman of the group, made the call in an interview with newsmen on Monday in Yola. According […]
Malam Muhammad Bello, Federal Capital Territory Minister, has charged Muslim clerics to continue to champion national unity, peace, progress and development. Bello made the call at the 18th Extraordinary Dawrah (Forum) of 17 imams from South-South, South East and South West of the country with the theme, Imams Unity for National Development, held on Saturday […]
Mr Abdu Mohammed, Managing Director of the Jos Electricity Distribution Plc. (JED) says many Nigerians still view Distribution Companies (DISCOS) as the old Nigeria Electricity Power Authority (NEPA). Mohammed stated this when he visited Justice David Mann and Mr Albert Ogbole, the Chief Judge of Plateau and Director of the Department of Security Services (DSS) […]
The World Bank has approved $275 million in concessional financing targeted at securing support for fiscal stabilisation and accelerated economic growth programs, a senior government official has said. Situmbeko Musokotwane, the Minister of Finance and National Planning said the approval was granted through the World Bank’s International Development Association (IDA) at a meeting of its […]