Russia-Ukraine crisis takes its toll on Nigeria’s crude, affects inflow into international markets, says NNPC Ltd. The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude oil inflows in the international oil market, leading to a dip in demand from the once-dependable Asian market at the onset of hostilities in the Eastern bloc. Maryamu Idris, Executive Director, Crude & Condensate, NNPC Trading Limited, said in a panel presentation at the Argus European Crude Conference in London, that in addition to the substantial price shocks impacting commodity…
Author: Adejuyigbe Francis
Manchester United’s faltering season suffered another significant blow as Marcus Rashford’s red card contributed to a dramatic, qualification-damaging Champions League defeat by FC Copenhagen. In a wild and wonderful contest in the Danish capital, United showed guile and grit for periods and twice looked to have claimed a crucial win before succumbing late on to a goal from 17-year-old substitute Roony Bardghji. They were cruising midway through the first half thanks to Rasmus Hojlund’s double against his hometown club – both close-range finishes from a striker knowing exactly where he needed to be and when. But the game turned in…
A mature and composed Arsenal side took another step towards the knock-out stages of the Champions League as they breezed to a 2-0 victory over Sevilla. The Gunners, who enjoyed 68% possession in the first-half, were on top from the off at the Emirates Stadium, with Kai Havertz guilty of missing an early sitter from close range. A number of other chances from inside the box were wasted as the hosts were guilty of not hitting the target, but they eventually made their dominance count when Leandro Trossard converted from close range after good work by Jorginho and Bukayo Saka.…
Real Madrid booked their place in the knockout stages of the UEFA Champions League with a 3-0 victory over Braga. With Napoli dropping points at home, the door was ajar for Real Madrid to open up daylight at the top of Group C. The match did not play out without alarm for Real, as Andriy Lunin saved a penalty from Alvaro Djalo after Cristian Borja had been hauled down in the box by Lucas Vazquez. Brahim Diaz eased Real nerves when tucking home following an excellent run and cross from Rodrygo. Real doubled their lead on 58 minutes when Vinicius…
Olaf Scholz, the German chancellor, expressed concerns over the increasing number of Nigerians seeking asylum in his country, adding that about 14,000 Nigerians living in Germany risk deportation. Scholz said this during a meeting with President Bola Tinubu in Abuja on Tuesday. He attributed it to the spike in the number of Nigerians seeking asylum, with a great number of them without identification cards. The German chancellor noted that approximately 12,500 Nigerians are in a condition of tolerance in Germany as a result of the Nigerian government’s reluctance to admit people without the necessary identity documents. “The current spike in…
The peace accord meeting organised by the National Peace Committee in Owerri, the capital of Imo State, ahead of the November 11 gubernatorial election in the state saw several notable candidates absent. Notably, Governor Hope Uzodimma, the All Progressives Congress (APC) candidate, as well as Athan Achonu of the Labour Party, Tony Ejiogu of the All Progressives Grand Alliance (APGA), and Ben Odunze of the New Nigeria Peoples Party (NNPP), were all conspicuously missing. Samuel Anyanwu, the Peoples Democratic Party (PDP) candidate, arrived but left after realising that the major political parties’ candidates were not in attendance. Uzodimma, Achonu, and…
Ahead of the November 11 gubernatorial election in Bayelsa State, political parties and their governorship candidates, on Wednesday, signed a peace accord pledging to ensure a peaceful and violence free election. The Bayelsa State Governor and Flagbearer of Peoples Democratic Party, PDP, the candidate of All Progressives Congress,APC, and fourteen others attended tge ceremony at Lady Diama Memorial event centre, Yenagoa, the state capital. The event was facilitated by the National Peace Committee, in conjunction with Kukah Centre. The Catholic Bishop of Sokoto Diocese, Bishop Matthew Kukah, who presided over the peace forum, enjoined the people of the state to…
Hybrid Wheat seeds ordered by the administration of President Bola Ahmed Tinubu have arrived at the Nigerian port in Lagos. The nation will recall that the President declared a state of emergency on food security in the country and made agriculture and food security the number one priority of his Renewed Hope administration. Acting on this, the Federal Ministry of Agriculture and Food Security outlined the procedures and processes for the dry season wheat farming. The Ministers of Agriculture and Food Security were at the venue inspecting the imported seeds. The Honourable Minister of Agriculture and Food Security, Senator Abubakar…
After 151 days in the custody of the Federal Government’s security agencies, a High Court of the Federal Capital Territory, on Wednesday, admitted the former Governor of the Central Bank of Nigeria CBN, Godwin Emefiele to bail. The court, in spite of stiff opposition from the Federal Government through the Attorney General of the Federation, AGF, and the Economic and Financial Crimes Commission, EFCC, permitted Emefiele to go home and prepare for his November 15 arraignment. Justice Olukayode Adegbola Adeniyi, who granted the bail, hinged his decision on the fact that Emefiele had stayed in government custody beyond the time…
President Bola Tinubu signed the N2.176 trillion Supplementary Appropriation Act on Wednesday in Abuja to strengthen Nigeria’s security architecture and address Nigeria’s critical infrastructure deficit, amongst other considerations. The President signed the Supplementary Appropriation Act, 2023, in his office at the State House in the presence of Senate President Godswill Akpabio; Speaker of the House of Representatives, Rt. Hon. Tajudeen Abbas; Secretary to the Government of the Federation, Sen. George Akume; Majority Leader of the Senate, Opeyemi Bamidele; the Chairmen of the Appropriation Committees in the Senate, Sen. Olamilekan Adeola, and the House of Representatives, Hon. Abubakar Bichi, as well…
Saudi Pro League club, Al-Ittihad have reportedly sacked Nuno Espirito Santo following a string of poor performances and an altercation with Karim Benzema. This season, Al-Ittihad have only won six of their twelve league games. And their 2-0 AFC Champions League loss to Iraqi side, Al-Quwa Al-Juwiya on Monday seemed to be the last straw. The Jeddah-based outfit has only won two of their last nine games in all competitions, and there have been rumours of manager and player tensions rising. According to Revelo as reported by talkSPORT 2022 Ballon d’Or winner, Karim Benzema and Santo traded verbal jabs in the locker…
President Bola Tinubu has assured the National Population Commission (NPC) of the Federal Government’s support to conduct the botched census in the country. The President gave the assurance on Wednesday, at the launch of the National Geospatial Data Repository, Digital CRVS System and inauguration of the National Coordination Committee for CRVS at the Presidential Villa Abuja. While calling for collaboration among Ministries, Departments and Agencies of government, Tinubu underscored the relevance of data to national growth. He called on the census experts to deploy cutting-edge technology in gathering data on Nigeria’s population, saying the nation cannot afford to lag behind…
