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Oil falls below $60 as Ukraine ceasefire optimism eases supply fears
Sopuruchi Onwuka, with agency reports Oil prices fell below $60 per barrel on Tuesday, their lowest level since February 2021, as easing geopolitical tensions prompted investors to reassess supply risks. European gas prices followed the same trend, dropping below €27…
Ofuka calls for end to cocoa conflicts in Cross River
Ani Bassey Former Special Adviser to the Cross River State governor Senator Ben Ayade on Cocoa Development and Control Ntufam Dr. Oscar Ofuka, has appealed for an end to conflicts in the cocoa sector, urging parties to let God guide…
Falade to take helm at NLNG as Mshelbila bows out
Sopuruchi Onwuka The Board of Directors of Nigeria Liquefied Natural Gas (NLNG) Limited has appointed Engr. Adeleye Falade as the company’s next Managing Director, effective April 2026. The appointment was announced in a statement by NLNG’s spokesperson, Mrs Ann-Marie Palmer-Ikuku,…
Nine sub-Saharan migrants freeze to death in eastern Morocco
Nine Sub-Saharan African migrants have died from freezing temperatures in eastern Morocco near the border with Algeria, according to a local human rights group. The deaths occurred between Dec. 3 and Dec. 12 in the Ras Asfour area near Touissit,…
Jihadists hit Australian beach party, kill 12 and injure 29
World leaders express anger Israel accuses Iran, blames Australian Prime Minister Sopuruchi Onwuka, with agency reports At least 12 people were killed and 29 others injured in a mass shooting at Bondi Beach in eastern Sydney on Sunday evening, after…
ELPS breach: WAPCo assures steady regional supply as NNPC deploys containment measures
Sopuruchi Onwuka The Nigerian National Petroleum Company (NNPC) Limited says it has deployed coordinated containment measures following an incident on a section of the Escravos–Lagos Pipeline System (ELPS) in South-West Warri, Delta State. The company’s Chief Corporate Communications Officer, Andy…
Flare Gas Permits: NUPRC attracts $2bn investments, commercialize 300 MMscfd of gas
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the issuance of Permits to Access Flare Gas under the Nigerian Gas Flare Commercialization Program (NGFCP) will deliver wide-ranging environmental, economic, and energy benefits for the country. According to the Commission, the…
WAPCo positions for Nigeria’s greater export agenda, regional demand boom
By Sopuruchi Onwuka The West African Gas Pipeline Company Limited (WAPCo) has declared its readiness to play a leading role in advancing the economic and industrial aspirations of West African countries, citing the resilience of its assets, strong operational performance,…
Nigerian stakeholders take stock as UKNIAF closes out infrastructure advisory support
The United Kingdom–Nigeria Infrastructure Advisory Facility (UKNIAF) gathered more than 100 senior government officials, development partners, DFIs and private-sector leaders on December 2 to review six years of work as the current phase of the programme comes to an end….
October 7: Amnesty accuses Hamas of murder, rape, crimes against humanity
Amnesty International has released a new report accusing Hamas and other Palestinian armed groups of murder, torture, and other crimes against humanity during and after the October 7, 2023 attacks. This is the first time in two years that Amnesty…
