04 Dec ALL THE RELEVANT NEWS :Friday
🌍Oil prices jumped around 2% on Friday, heading for a fifth week of gains, as major producers agreed on a compromise to continue some cuts to production to cope with coronavirus-hit demand even though these fell short of expectations. Brent crude up 93 cents, or 1.9%, at $49.64 a barrel by 0748 GMT after gaining around 1% on Thursday. West Texas Intermediate rose 76 cents, or 1.6%, to stand at $46.40 a barrel, having risen nearly 1% in the previous session.
🌍UK, where new restrictions reduced daily COVID-19 cases by 30% received vaccine supplies from Pfizer yesterday to roll out next week; Oil prices jump.
🌍President Buhari has told the President of The Gambia, Adama Barrow, that in a democracy the people must be respected. He received his visitor at the Presidential Villa, Abuja, where he said: “The future of our countries lies in our hands. We must respect our people, and appreciate their support.”
🌍VP Osinbajo says adopting new models of investments for infrastructural development in the country is now an imperative as reliance on public expenditure alone is no longer sufficient or capable of meeting the $3 Trillion needed to bridge the infrastructural deficit over the next 30 years.
🌍COVID-19 Update: Nigeria records 343 new cases; US cases worsen. Nigeria recorded 343 new cases in 13 states and the FCT on Thursday, the highest in about 3 months. The FCT topped the list with 123 new cases. There were however 452 recoveries. So far, there are 68,303 confirmed cases, 64, 291 recoveries and 1,179 deaths. In the US, Thursday marked yet another bleak with a record high of 100,667 hospitalizations and over 2,700 deaths.
🌍NNPC has dismissed allegations of illegally withdrawing about $21 billion from NLNG account, says it was done with authorization.
🌍Hadiza Bala-Usman says NPA generated N291 billion between January and October, 2020.
🌍FIRS said it made a total of N4.122 trillion from January to October.
🌍CBN says International money transfer operators (IMTOs) and commercial banks have agreed to start paying beneficiaries of diaspora remittances in forex through the designated banks from today.
🌍Abdulrasheed Abdullahi Maina, former Chairman of Pension Reform Task Team has arrived in Nigeria, after his extradition from the Niger Republic.
🌍SGF Boss Mustapha has inaugurated the 16-member board of PENCOM.
🌍The United Nations has said that the security challenges in West Africa and the Sahel have been worsened by the coronavirus pandemic.
🌍IGP Adamu disowns suit to stop probe of offic ers; orders investigation.
Sorry, the comment form is closed at this time.