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Nigeria’s Duty-free Export To US Plunges To $300.48m

Nigeria’s Duty-free Export To US Plunges To $300.48m         Nigeria’s export to the United States under a duty-free policy declined in the first eight months of 2020, recording $300.48m from January to August. According to the latest African Growth and Opportunity Act policy trade statistics, exports to...

Oil Price Rises To $43

Oil Price Rises To $43       Oil gained more than one per cent on Tuesday on the prospect the United States nearing a deal on coronavirus relief, but the threat to demand from rising COVID-19 cases worldwide and increased Libyan output kept prices from moving higher. Reuters...

#EndSARS: What Next on the Youth Movement?

#EndSARS: What Next on the Youth Movement? By Gidado Shuaib     Beyond #EndSARS protests, I see the ongoing mass action against the brutality of the Nigeria Police Force’s Special Anti-Robbery Squad as a social movement which can hardly be subdued by force. The movement which was initially...

INVESTIGATION: Nigerian Recovered Assets Suffering ‘neglect’ After Final Forfeiture

INVESTIGATION: Nigerian Recovered Assets Suffering ‘neglect’ After Final Forfeiture     NEWS DIGEST - This report takes a look at how Nigerian government failed to ensure proper utilization of recovered assets, together with the challenges of poor assets management by anti-graft agencies. Assets recovery is a major activity...

PIB: Oil Firms To Pay Fine For Gas Flaring

PIB: Oil Firms To Pay Fine For Gas Flaring       Operators in the oil and gas sector involved in gas flaring will be expected to pay a yearly fine to the government for the offence, according to the Petroleum Industry Bill (PIB) before the National Assembly. The...

Crude Oil Price Rises By 6% To $41

Crude Oil Price Rises By 6% To $41       The international oil benchmark, Brent crude, surged by six per cent on Monday after doctors said the United States President Donald Trump could soon be discharged from the hospital where he was being treated for COVID-19. The upturn...