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.
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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...