Day: June 23, 2018

Oil rallies to $74.84 per barrel as OPEC agrees to increase output

Admin

Oil price rose sharply yesterday after the Organisation of Petroleum Exporting Countries (OPEC) agreed a modest increase in oil production from next July. This was sequel to recent calls from major consumers to pump more oil into the international market to help reduce the price of crude and avoid a supply shortage. Brent crude oil futures rose $1.79, or 2.5 per cent, to $74.84 per barrel by 12:42 p.m. ET. U.S. West Texas Intermediate (WTI) crude futures were up $2.99, or 4.6 per cent, at $68.53 a barrel. Although the…

Read More

Nigeria’s destiny in your hands – Ex-President Obasanjo tells youths

Admin

Former President Olusegun Obasanjo yesterday challenged Nigerian youths to brace up to the present day challenges in Nigeria, reminding them that the country’s “destiny is now more than ever before in your hands either to make or mar.” Obasanjo made the assertion in his keynote address at the opening of a three-day retreat organised by Shehu Musa Yar’Adua Foundation, in conjunction with both the Olusegun Obasanjo Presidential Library (OOPL), Abeokuta, and the Ford Foundation, held in Abeokuta. The former President, expressed hope that achieving the framework for peaceful co-existence and…

Read More

Musa marks return with winning double as Nigeria beat Iceland

Admin

Nigeria beat Iceland 2-0 to revive their hopes of advancing into the knockout stages of the World Cup in Russia on Friday as striker Ahmed Musa dramatically marked his return to the team with two fine second-half goals. The result pushed Nigeria up to the second qualifying spot in Group D but both sides, and struggling Argentina, are still in the hunt to go through along with already-qualified Croatia. However, Argentina and World Cup debutants Iceland must win their respective games against Nigeria and Croatia next week to have any…

Read More

Jubilation in Comrade Oshiomhole camp as APC holds national convention

Admin

The Campaign office of Comrade Adams Oshiomhole, sole candidate for national chairmanship position of the ruling All Progressives Congress (APC) was a beehive of activities on Friday as delegates from the states who arrived Abuja for the party’s National Convention besieged his office located in Aso Drive area to felicitate with him. The former governor of Edo State became the sole candidate after two other aspirants, Prof. Oserhiemen Osunbor and Clement Ebri announced their withdrawal from the race. Many of the delegates and supporters of Oshiomhole were seen jubilating saying…

Read More

Police nab two men for defiling 13-year-old girl

Admin

Two men, Ayo Tayo, 33, and Chidozie Innocent, 20, have been arrested in Lagos for engaging a 13-year old girl in marathon sex and watching themselves in action. The incident occurred on 6 May, 2018 at Anuoluwapo Street in Ejigbo, Lagos where they resided. It was gathered the suspects lured the victim into a room, stripped her and engaged her in sex romp despite that fact that she was underage. Police source confirmed that the two men also used her to entertain themselves by watching the action before the act…

Read More

Governor Okowa: I want to be remembered for developing riverine communities

Admin

Governor Ifeanyi Okowa of Delta state has assured riverine communities that they would enjoy special attention during his tenure, saying he would want to be remembered as a governor in the state who gave adequate attention to riverine communities. The governor spoke in Burutu local government area during a town hall meeting with the people. The governor used the occasion to commission several projects in the area, promising that he would soon come back for more commissioning. “I will like to be remembered for the commitment of my administration to…

Read More

NAFDAC DG Adeyeye sacks consultants over anomalies

Admin

Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC), Prof. Mojisola Adeyeye has revoked the appointments of consultants to the agency over allegations of anomalies and irregularities In a statement made available to the News Agency of Nigeria (NAN) on Friday in Abuja, Prof. Adeyeye noted that the activities of the consultants were detrimental to the Federal Government’s ease of doing business policy. “The operations of the NAFDAC Appointed Consultants in recent times have been fraught with a lot of challenges and irregularities, which militated against…

Read More

Pope urges nations to welcome refugees

Admin

Pope Francis is urging the nations of the world to take in as many refugees as possible. The pontiff told reporters aboard the papal plane that he believes it is incumbent on governments to “welcome, to accompany, to place, to integrate” as many refugees as their societies can reasonably accommodate. “Each country must do this with the virtue of government, which is prudence, and take in as many refugees as it can, as many as it can integrate, educate, give jobs to,” Francis said during the in-flight press conference, according to The Associated…

Read More

PDP decries Sen. Abaribe’s arrest

Admin

The Peoples Democratic Party (PDP) on Friday in Abuja decried the arrest of Sen. Enyinnaya Abaribe by the Directorate of Security Services (DSS). In a statement by its National Publicity Secretary, Mr Kola Ologbondiyan, the party expressed fears over the safety of the senator, who represents Abia North Senatorial District. It described the arrest as “gestapo-style’’, adding that it had further confirmed earlier alarm that the All Progressives Congress (APC)-led Federal Government has commenced total clampdown on the opposition. The party said that the attack was particularly targeted at opponents…

Read More

Dangote Cement,Unilever top losers’ chart at NSE

Admin

Dangote Cement  on Friday at the Nigerian Stock Exchange (NSE) topped the losers’ chart with a loss of N5.30 to close at N225 per share. The News Agency of Nigeria  (NAN) reports that Unilever trailed with a loss of N2.25 to close at N50.75, while Forte Oil dropped by N1.75 to close at N34.05 per share. Nigerian Breweries was down by N1.50 to close at N110.50, while Lafarge Africa Wapco shed N1 to close at N39 per share. Conversely, Okomu Oil Palm recorded the highest gain to lead the gainers’…

Read More