Oil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, adding to fears of oversupply of crude.
Author: Editor
US President Donald Trump said Sunday he was ordering new tariffs on all films made outside the United States, claiming Hollywood was being “devastated” by a trend of US filmmakers and studios working abroad.
The Nigeria Education Loan Fund (NELFUND) insists no money is missing from the student loan scheme despite claims to the contrary.
In most households, a kitchen knife serves many functions — from cutting meat to vegetables, tubers, fruits, and even pastries, often with just one or two knives.
Medical professionals have called for increased research and improved access to clinical services to ensure effective treatment outcomes for children suffering from cancer.
The German Corporation for International Cooperation (GIZ) has inaugurated a rebranded Climate Adaptation Business Alliance (CABA), a global network on climate resilience to spur economic growth and social equity.
Some agriculture experts have called for less dependence on agrochemicals by local farmers for crop cultivation to boost productivity and promote healthy food.
Nigeria’s crude oil is now selling for less than $65 per barrel, dipping below the Federal Government’s benchmark price, as global oil markets come under renewed pressure from rising production levels and geopolitical uncertainty. The drop follows a decision by the Organization of the Petroleum Exporting Countries and its allies (OPEC+) to raise oil output by 411,000 barrels per day in June—the second increase in as many months—despite softening demand and bearish market sentiment. Brent crude also slipped below $62 per barrel, reflecting widespread unease about oversupply and weak buying interest. Traders report that Nigerian crude cargoes scheduled to load…
Governor Ahmed Aliyu of Sokoto State has promised to investigate reports of unremitted loan deductions from workers’ salaries, assuring affected civil servants that his administration will take decisive action to address the issue. The governor pledged while responding to an appeal from the chairperson of the Nigeria Labour Congress (NLC) in Sokoto State, Abdullahi Aliyu, who raised concerns over the plight of workers whose loan repayments were deducted from their wages but not transferred to the relevant banks. According to the NLC, many workers have faced serious hardship and damage to their financial records due to the previous administration’s failure…
A recent altercation between Lere Olayinka, the Senior Special Assistant on Public Communications and Social Media to the Minister of the Federal Capital Territory, Nyesom Wike, and Rufai Oseni, TV anchor at Arise Television, has resurrected an old debate about who is a professional journalist and who is not. This is an old debate, except that both Olayinka and Oseni failed to elevate the discourse beyond the exchange of pejoratives. As an undergraduate at the Mass Communication department, University of Lagos, I remember one of the debates thrown up in the eminent Professor Ralph Akinfeleye’s class was whether journalism is…