31 Oct ALL THE RELEVANT NEWS: Saturday
💥Oil in second monthly decline. Prices fell on Friday as rising COVID-19 cases in Europe and the United States heightened concerns over fuel consumption and demand. Brent crude dropped 19 cents to settle at $37.46 a barrel, after touching a five-month low of $36.64 in the previous session.
The front-month Brent contract expired on Friday and the January contract settled down 32 cents.
💥Concerns as COVID-19 spreads: Belgium has announced a return to a national lockdown as the latest figures show it has the highest infection rate in Europe; Britain considering lockdown; and US recorded over 94,000 new cases in 24 hours, with spikes in dozens of states.
* NCDC, on Friday, reported 170 new cases and 3 deaths. The new numbers are 62691 confirmed cases, 58430 recoveries, and 1144 deaths.
💥President Buhari speaks with European Council president over Okonjo-Iweala, says Nigeria will not relent until the goal of the country’s candidate emerging director-general of the World Trade Organisation (WTO) is achieved; at another event he expressed Nigeria’s commitment to work with an international think-tank group and investment promoter, Horasis Global Visions Community, to find solutions to challenges facing the country, its govt and corporate entities.
* FG’s strategy team for Okonjo-Iweala reaches out to US and South Korea ahead of Nov 9 meeting.
💥The official launch of FG’s National Mass Metering Programme was held yesterday as four distribution companies namely, EKEDC, Ikeja Electric, Kano and Kaduna Distribution Companies flagged off the first phase of the programme in their various franchise areas.
💥Inspector General of Police Adamu has said the #ENDSARS protests claimed 73 lives including 22 police personnel nationwide, and 1,596 suspects have been arrested in connection with the violence and widespread looting.
💥The Federal Road Safety Corps has ordered its officials back to the roads.
💥IGP dismisses Amnesty’s report, says 205 police stations, formations were destroyed.
💥Members of the Lagos State judicial panel of inquiry on police brutality on Friday visited the military hospital in Ikoyi, where there was no mortuary as speculated; as well as the Lekki Toll Plaza where five bullet shells were found; the state has relaxed its curfew from 10pm to 6am.
💥MTN Group exits Jumia, a Pan-African e-commerce platform, selling its 18.9 per cent stakes for R2.3bn ($138m)
💥National Agency for the Control of AIDS (NACA) has reported in its latest quarterly factsheet that Akwa Ibom and Benue have the highest number of HIV positive persons in the country.
💥Canada to welcome 1.2 million immigrants from 2021 to 2023 to make up for a shortfall this year blamed on the pandemic, her immigration minister announced Friday.