All The Relevant News: Monday

All The Relevant News: Monday

Brent crude for December fell 32 cents, or 0.8%, to $42.53 a barrel by 0347 GMT as oil prices dropped for a second straight session on Monday. U.S. producers began restoring output after Hurricane Delta weakened, while a strike that had affected production in Norway came to an end.

FG and organised labour last night resolved to extend the suspension of the new electricity tariffs by one week for further work to be done.

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FG is seeking to retain the same Production Sharing Contract (PSC) terms, signed into law in 2019 by President Buhari, in the new Petroleum Industry Bill (PIB) before the National Assembly.

The Department of Petroleum Resources, DPR, Sunday released guidelines for the establishment and operations of downstream gas facilities across the country to avert explosions

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Nigeria’s e-payment transactions hit N17.3tn in September. (6)The Nigerian insurance industry’s assets rose from N1.61tn at the end of the 2019 financial year to N1.8tn in June 2020.

COVID-19 Update: Nigeria recorded 163 new cases on Sunday, taking total confirmed cases to 60,266, with 51735 recoveries and 1115 deaths. Globally, confirmed cases are 37,740,227; recoveries 28,346,455 and 1,081,408 deaths.

* A new study has discovered that the virus responsible for Covid-19 can remain infectious on surfaces such as banknotes, phone screens and stainless steel for 28 days.

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Ondo Poll: Buhari, Lawan, APC govs, others congratulate Akeredolu; the Gov says his victory is a challenge to his administration by the electorates for rededication to service in their interest, and promised not to relent in making the people the centre of his administration.

Manufacturers Association of Nigeria (MAN) decries disparity in electricity tariffs paid by its members.

EndSARS campaigners demand an executive order disbanding squad and wholesale reforms; experts say with the protesters now “high on their victory,” it may take a while for the momentum of the protest to die down.

Presidential Spokesman, Femi Adesina has denied an online paper’s report that he opposed earlier plans by President Buhari to scrap FSARS.

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12 feared killed as gunmen attack Kaduna villages.

DSS rescues Minister of Youth and Sports Development, Sunday Dare; the Soun of Ogbomoso, Oba Oladunni Oyewumi, and some chiefs as hoodlums attack the Soun’s palace in Ogbomoso; two people feared dead.

Gunmen kidnap 8 Kuje council officials, 4 others along the Kabbi-Kuje road and Pegi – all in Kuje, Abuja.

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