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Oil steady as fears over U.S.-Iran conflict ease

Oil prices held steady on Monday as fears of war between the U.S. and Iran eased, with investors shifting their focus to the expected signing of an initial U.S .- China trade deal this week, which could boost growth and demand. Brent crude LCOc1 was up 1 cents at $64.99 per barrel at 0737 GMT while West Texas Intermediate (WTI) crude CLc1 was up 5 cents from the previous session at $59.09 per barrel. Oil prices surged to their highest in almost four months after a U.S. drone strike killed an Iranian commander and Iran...

Russia shows interest in Nigeria’s energy industry

Russia has announced plans to strengthen bilateral cooperation with Nigeria through partnerships to develop the energy sector of Nigeria. Alexey Shebarshin, the Russian ambassador...

NGSA debunks alleged Earthquake report in Abuja

The Nigeria Geological Survey Agency (NGSA), Sunday, debunked report of alleged earthquake tremor of 3.8 magnitude in Gwagwalada and Abaji, Federal Capital Territory satellite towns, FCT, Abuja, as allegedly captured by an OAU, IleIfe, Osun State Earthquake Monitoring Station on 10 January 2020. This was confirmed by a deputy director of the Department of Geophysics, NGSA, Abah Usman, while the suspected earthquake occurred during a visit to the cities. Usman said if there had been such ground shaking in that part of Abuja, the people would have been thrown into chaos and pandemonium, and the agency would definitely have alerted residents seriously. “For you to effectively record earth quake, it’s not something that you will obtain from one single equipment, and each...

PDP will produce young governorship candidate — Edo Chairman

According to the democratic trend, the People's Democratic Party (PDP) says it will field young governorship candidate in the upcoming Edo race. Chief Dan Orbih, the party chairman in Edo, made this known on Sunday at a rally in the state's Central Local Government Area in Etsako. Orbih said the emerging priorities were young and smart party members who proved their mettle, both in characters and in their chosen fields of endeavour. “Our governorship aspirants are a young crop of people. “I can tell you that in Edo 2020 election, PDP will...

SERAP Files Lawsuit Against State Governors

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit at the Federal High Court, Abuja, calling on the court to order the 36 state governors from 1999 to 2019 to publish a breakdown of pensions paid to former governors and other ex-officials under their respective state pension laws. SERAP further demands that the court issue an order for leave to apply for judicial review, and a mandamus order to guide and/or comply with the order. SERAP is also seeking a declaration that “the failure of the 36 state governors to provide SERAP with the requested information...

NIGERIA’S TOP COMPANIES:JULIUS BERGER, OTHERS RATED HIGHLY IN ASSETS, PERFORMANCE, REVENUE, PROFITS

Jennifer Y Omiloli Julius Berger Nigeria Plchas been ranked in the upper Top 100 Nigerian companies in terms of assets, revenue and profits in fiscal year 2018. Alongside...

Okorocha’s LG Councils Election Illegal – Accord Party

…Wants Perpetrators of LG Invasion Prosecuted Accord, one of Nigeria’s registered political parties has thrown its weight behind the decision of Governor Emeka Ihedioha to...

Shooting of Ukranian plane a reckless move – United States

The US has characterized Iran's shooting down Ukrainian foreign passenger plane as a reckless move.  After the nation confirmed yesterday that its military actually shot down the airliner killing all 176 people on board, the US blamed Iran. America said the downing of the plane was a “terrible tragedy.” A senior official of the US President Donald Trump administration official told...

Maku dismisses rumour of meeting Atiku, others

Labaran Maku, the National Secretary, All Progressives Grand Alliance (APGA), has dismissed the rumour which states that he met with Atiku Abubakar, Bola Tinubu,...

Falana reacts to Buhari’s daughter presidential jet ride

Femi Falana, a prominent human rights lawyer, has reacted to the controversies raised by Hanan Buhari, daughter of president Buhari, using a Presidential jet....

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