Business & Economy (Page 287)

The World Bank has appointed Mr Shubham Chaudhuri as the new Country Director for Nigeria, succeeding Mr Rachid Benmessaoud who completed his term recently. A statement issued by the World Bank’s Senior Communications Officer, Nigeria, on Wednesday in Abuja, said Chaudhuri assumed office on Tuesday. It said that Chaudhuri, aContinue Reading

Oil prices eased on Tuesday as weak manufacturing data from Europe and Japan focused market attention on the gloomy outlook for demand and away from uncertainty around supply disruptions in Saudi Arabia. Brent crude futures LCOc1 fell 40 cents to 64.37 dollars a barrel by 0624 GMT, while U.S. WestContinue Reading

The Schwab Foundation, a sister organisation of the World Economic Forum (WEF), has endorsed President Muhammadu Buhari’s National Social Investment Programmes(N-SIPs). Justice Bibiye, Communications Manager, National Social Investment Office (NSIO), in a statement on Monday, in Abuja, said the foundation conferred the prestigious Public Social Intrapreneur award on Mrs MaryamContinue Reading

(NEWS INVESTIGATORS) The Venezuelan Government has called on World Leaders attending the United Nations General Assembly (UNGA) to stop Trump’s illegal sanctions of Economic blockade on Venezuela, Cuba and other countries. Ms Lidice Altuve, Director, Coordination of Culture and Solidarity of the Venezuelan Foreign Affairs Ministry made the call inContinue Reading

The Nigerian National Petroleum Corporation (NNPC) says it has signed a 875.75 million dollar funding and technical services agreement and alternative financing deal for the Nigerian Petroleum Development Company(NPDC) operated Oil Mining Lease (OML) 65. The Corporation in a statement by its spokesman Mr Ndu Ughamadu in Abuja said itContinue Reading