Folashade Ogunrinde

Oil weakens as market awaits signs of China demand recovery

Oil prices eased on Friday, with major benchmarks headed for their second straight week of losses, as the market awaited further signs of fuel demand recovery in China...

Shipwrecked man survives 24 days at sea on Ketchup

A Dominican man who was lost for nearly a month aboard a sailboat in the Caribbean Sea says he survived on ketchup before being rescued in Colombian waters.   Elvis...

Somalia claims capture of key port town from al-Shabab

Somalia’s government-led forces have captured an al-Shabab stronghold on the Indian Ocean, the defence minister said on Monday, in one of their most significant...

Vietnam president resigns amid major anti-graft purge

Vietnam President Nguyen Xuan Phuc has resigned, state media said on Tuesday, after days of rumours he was about to be sacked as part of a major anti-corruption drive...

Oil prices mixed on Chinese data and demand growth hopes

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...

DSS Denies Invading CBN, as Emefiele Resumes duty

The Department of State Services (DSS) has denied invading the premises of the Central Bank of Nigeria on Monday, as it was widely reported online. Emefiele had returned...

December Inflation rate drops to 21.34%, for the first time in 11 months.

Nigeria’s inflation rate has recorded a drop to 21.34 percent in December 2022, for the first time in 11 months. The National Bureau of Statistics in its latest report...

Drambi Vandi, Alleged Killer of Lagos Lawyer, pleads not guilty

The suspended assistant superintendent of police, Drambi Vandi, has pleaded not guilty to the murder of Raheem Bolanle, a female lawyer. The suspended cop was arraigned...

Oil near 2023 highs on Chinese demand recovery expectations

Oil prices held near this year’s highs on Monday as easing COVID restrictions in China raised expectations for a demand recovery in the world’s top crude...

Senate President Ahmad Lawan demands improved revenue generation from MDAs

President of the Senate, Ahmad Lawan has said granting waivers to revenue generating Agencies may be suspended if they are unable to improve on Revenue generation from...