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Oil Prices Fall Below $80 Amidst Uncertainties Oil prices fell below $80 per barrel early Monday as members of the Organization of the Petroleum Exporting Countries (OPEC) and allies (OPEC+) prepared to meet later this week. Meeting was postponed as Nigeria and Angola push for a higher output allowance. Both countries were given lower allowances […]

Ghana Keeps Benchmark Interest Rate at 30% The Bank of Ghana maintained the status quo on benchmark interest rate at 30.0% as the inflation rate slowed for the third month in a row in October. Statistics office reported that consumer inflation slowed to 35.2% on a year-on-year basis last month, from 38.1% in September and […]

Dangote Refinery Begins Operations with 350,000bpd Dangote Refinery has secured its first cargo deal of about 6 million barrels, ready for delivery, even as the much-anticipated project begins with 350,000 barrels a day next month, founder Aliko Dangote has disclosed. The refinery is expected to transform oil trading in the Atlantic Basin and remove a […]

By Ikem Okuhu Two people in a community fell critically ill and after a series of laboratory tests, were referred to a specialist hospital for treatment. At the hospital, the doctor on duty, after analysing the laboratory results, invited the patients to his consulting room to inform them of the outcome of the diagnosis and […]

Former General Secretary of the Nigerian Bar Association (NBA), Mazi Afam Osigwe SAN, has congratulated the lawyers recently conferred with the rank of Senior Advocate of Nigeria (SAN). In a congratulatory message, Osigwe described the honor as a recognition of the new SANs’ exceptional legal skills and a responsibility to uphold the highest standards of […]

*Seeks Shared Stance With Judiciary On Key Issues Yemi Cardoso, governor of the Central Bank of Nigeria (CBN), says an efficient judicial system can affect foreign direct investment (FDI) into the country. Cardoso made this known in Abuja on Monday at the 22nd national seminar on banking and allied matters for Judges organised by the […]

The Federal Executive Council (FEC) at its meeting on Monday approved the sum of N3.2 billion to procure modern scanners for five international airports in the country. The Minister of Aviation and Aerospace, Festus Keyamo, said this while briefing the State House correspondents on the outcome of the meeting in Abuja. The airports are the […]

President Bola Tinubu has appointed a new Board and Management team for the Nigerian National Petroleum Company Limited (NNPCL), consisting of mine members. The new Board and Management team has Chief Pius Akinyelure as non-Executive Chairman with Mallam Mele Kyari retaining his position as Group Chief Executive Officer (GCEO) with Umar Isa Ajiya coming back […]

A judge has decided that the ex-chief of Binance, Changpeng Zhao (CZ), must remain in the country while he awaits sentencing for federal crimes. As part of its plea deal, crypto exchange Binance agreed to pay a $4.3 billion fine for skirting anti-money laundering checks; CZ agreed to step down as its CEO. Now, he […]

The Lagos High Court has issued an interim order restraining the Inspector General of Police,The Assistant Inspector General of Police (Zone 2,Onikan) and other Respondents including NIBSS Plc from further threatening, harassing or attempting to arrest retired Justice Caroline Olufawo and her daughter, Engr. Oludayo Olufawo. Justice O. Atinuke Ipaye granted the interim injunction on […]

The Confederation of African Football (CAF) was founded in 1957 by four nations: Egypt, Sudan, Ethiopia and South Africa. As the administrative body of the region, CAF manages competitions, offers technical and administrative training courses while actively fostering the promotion and practice of football. The Confederation organizes championships such as the Africa Cup of Nations […]

On the 24th day of November 2023, the Privacy Academy hosted its annual Privacy Dinner and Induction Ceremony, bringing together some industry leaders, and lawyers dedicated to the development of privacy and data protection in Nigeria. The event, held at the prestigious Oriental Hotel in Lagos, featured a thought-provoking dinner speech delivered by Mr Moyosore […]