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Oil Prices Set For Sixth Week Of Gains I The Precision

Brent oil prices rose on Friday and were set for a sixth straight week of gains, boosted by strong demand, looming sanctions on Iran, plummeting Venezuelan production and Nigerian disruptions.  Brent crude futures rose by 22 cents to $79.52 a barrel at 1337 GMT. The benchmark on Thursday broke through $80 for the first time since November 2014.  U.S. West Texas...

News Alert: Go And Defend Your N5bn Fraud, Supreme Court Tells Erastus Akingbola I The Precision

A former Managing Director of the defunct Intercontinental Bank Plc, Dr. Erastus Akingbola, has been ordered by the Supreme Court to defend his trial over alleged N5bn fraud charges. A five-man panel of the apex court on Friday led by Justice Tanko Muhammad, unanimously affirmed the February 2015 judgment of the Court of Appeal, which overturned the Federal High Court’s...

Kaduna LG Polls: APC Wins 14, PDP 4 In Final Update I The Precision

Kaduna State Independent Electoral Commission, on Thursday gave an update on the results for 18 chairmanship seats out of the 23 Local Governments in the just concluded May 12 local councils polls.   The chairman of the Commission, Dr Saratu Dikko who confirmed the results in Kaduna, said the All progressives Congress (APC)  won 14  local government chairmanship seats, while the...

JOHESU Strike: Court Orders Work Resumption I The Precision

By Glory Abuh-Adejoh The National Industrial Court, Abuja, has ordered striking members of Joint Health Sector Union (JOHESU), to suspend its on-going strike and resume duties across the nation within 24 hours. Justice Babatunde Adejumo, gave the order on Thursday after listening to the submissions of Mr Okere Nnamdi, in an ex-parte motion filed by a non-governmental organisation. The NGO, Incorporated Trustees...

Opposition Yet To Prove It Can Win Buhari – Segun Adeniyi I The Precision

The former Special Adviser on Media and Publicity to the late President Umaru Musa Yar’Adua, Olusegun Adeniyi, on Thursday said the opposition parties had yet to demonstrate how they would defeat President Muhammadu Buhari in 2019 despite their frequent calls on the electorate to ensure they got their Permanent Voter Cards.   Adeniyi spoke during the review of...

US Secretary, Mike Pompeo Phones Buhari I The Precision

Mike Pompeo, US secretary of state: phones President Buhari By Prudence Arobani/New York U.S. Secretary of State Mike Pompeo called Nigeria’s President Muhamadu Buhari and reaffirmed the longstanding relationship between the U.S. and Nigeria, U.S. Department of State said. Spokesperson for the Department, Ms Heather Nauert, said Pompeo, during the call, also underscored Buhari’s visit to the U.S. on April 30,...

AfDB Approves $100mn Loan For Nigeria’s Indorama Eleme I The Precision

The African Development Bank has approved a $100 million loan for Nigeria’s Indorama Eleme Fertilizer & Chemicals aimed at helping it boost fertilizer production, the bank said in a statement on Thursday. The company, a unit of Singapore-based petrochemical producer Indorama, is seeking to double annual output of urea fertilizer from 1.4 million tonnes to 2.8 million tonnes, the...

One-third Nigeria’s Adult Population Hypertensive I The Precision

Hypertension By Fatima Mohammed-Lawal The Nigeria Hypertension Society (NHS) says that one-third of Nigeria’s adult population is hypertensive. The President of the Society, Prof. Ayodele Omotoso, disclosed this in a statement on Thursday  issued to commemorate the World Hypertension Day. Omotoso, who is with the Cardiology Unit, Department of Medicine, University of Ilorin Teaching Hospital (UITH),...

Missing Out On Ronaldo My Biggest Transfer Regret – Wenger I The Precision

Arsene Wenger The Frenchman had Arsenal in the running to land the Portuguese star as he prepared to leave Sporting, but saw Manchester United beat him to a deal. Arsene Wenger considers missing out on Cristiano Ronaldo to be his biggest transfer regret at Arsenal as the Portuguese could have “changed history” in north London. (adsbygoogle = window.adsbygoogle || ).push({}); Having spent 22...

Minimum Wage, Subsidy Not Captured In 2018 Budget I The Precision

President Buhari submitting the 2018 Budget to the NASS in 2017 By Cecilia Ijuo The Chairman, Senate Committee on Appropriation, Sen. Danjuma Goje, has said that no provision was made in the 2018 Budget for any increase in minimum wage during the year. Goje made this known while briefing newsmen on Wednesday in Abuja shortly after the passage...
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