ALL THE RELEVANT NEWS: TUESDAY

17 Jan ALL THE RELEVANT NEWS: TUESDAY

🌎The 2022 deep offshore mini-bid round has commenced according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) which has engaged the services of global energy consultant Wood Mackenzie to drive the process and ensure openness and transparency.

🌎Nigeria’s inflation dipped in December to 21.34 per cent from 21.47 per cent in November after 10 straight monthly increases, the National Bureau of Statistics (NBS) said on Monday. Food inflation dropped to 23.75 per cent in The December from 24.13 per cent a month earlier, amid skyrocketed prices of staples.

🌎CBN Governor, Godwin Emefiele, has resumed duty after his annual vacation abroad, the bank said on Monday. As he did, reports that the Department of State Services (DSS) invaded the office of the Governor at the CBN headquarters in Abuja to arrest him was promptly denied.

🌎Oil prices were mixed on Tuesday after China posted its second-weakest annual economic growth in nearly half a century, though its recent shift in COVID-19 policy underpinned hopes of a recovery in fuel demand this year. Brent crude futures rose 69 cents, or 0.8%, to $85.15 a barrel by 0913 GMT.

🌎President Buhari has said expansion and diversification of involvement in international trade and global value chain by African countries is pivotal for wealth creation, generation of employment, poverty reduction as well as growth of African economies.

🌎FG is set to pay the withheld salaries of lecturers under the Congress of University Academics (CONUA), a breakaway faction of the Academic Staff Union of Universities (ASUU). (7) Oxfam in Nigeria has said three of the richest Nigerian citizens are wealthier than 83 million others put together.

🌎Security Stories: Troops of the Nigerian Army have neutralised scores of bandits, including Ibrahim Kachalla Gudau, a notorious gang leader responsible for kidnappings and killings in Kafuna, Katsina, Zamfara and part of Niger Republic.

* Some gunmen attacked the Independent National Electoral Commission office in the Enugu South Local Government Area of Enugu State, killing a policeman in the process.

* The Police Command in Katsina State says terrorists have attacked and kidnapped five persons in Dantsauri Village in Kankara Local Government Area.

🌎Russia-Ukraine War: Ukraine insists the West must speed up its supply of weapons, with the city of Dnipro reeling from a Russian missile strike that killed at least 40 people and Ukrainian troops under increased pressure on the eastern front.