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Fed Govt Pushes For Transparency In Oil Industry

Fed Govt Pushes For Transparency In Oil Industry       The Federal Government is seeking to bring transparency in oil industry and impose sanctions on firms that fail to, or partially publish details of their contracts as well as payments to governments and private sector annually. The Federal...

MAMA Centre Congratulates US President and Vice President-elect, Calls for Gender-inclusive Politics in Africa, Nigeria

MAMA Centre Congratulates US President and Vice President-elect, Calls for Gender-inclusive Politics in Africa, Nigeria       The Mothers And Marginalised Advocacy Centre (MAMA Centre) heartily congratulates newly elected President and Vice President of United States of America, Joe Biden and Kamala Harris on their victory from...

Oil Price Rises By 2% After Falling To $36

Oil Price Rises By 2% After Falling To $36       The international oil benchmark, Brent crude, gained nearly two per cent on Monday, shaking off earlier losses, as the United States heads into a contentious presidential election. Brent, against which Nigeria’s oil is priced, had fallen more...

Low, Middle Income Countries To Attract $508bn Remittances

Low, Middle Income Countries To Attract $508bn Remittances       The World Bank has projected that remittances by migrant workers to low and middle income countries (LMICs) will drop to $508 billion in 2020. In a migration and development report released by the bank, it said the economic...

WTO: Fed Govt Moves To Counter US Position On Okonjo-Iweala

WTO: Fed Govt Moves To Counter US Position On Okonjo-Iweala       As the world awaits the outcome of the final consensus decision on the next World Trade Organisation, WTO, there are indications that Nigerian government may have started diplomatic actions to head-off opposition from the United...

Nigeria’s Oil Rig Count Rises By 2 As OPEC’s Decreases By 14

Nigeria’s Oil Rig Count Rises By 2 As OPEC’s Decreases By 14         Nigeria has for two months now continued to experience rise in oil production as its rig count moved up by two, having recorded 10 in September, as against eight recorded in August. Earlier in...