Oil prices remain unchanged as at today (Friday), with trading marked by growing uncertainty about global recovery in fuel demand as new COVID-19 cases surge in several countries just as major producers get set to loosen production curbs. U.S. West Texas Intermediate (WTI) crude futures rose one cent to $40.76 a barrel at 0204 GMT,…
… Approves N2.5 Billion Life Insurance for Frontline Medical Personnel Subject to the fulfillment of some laid down protocols, worship centres in Ekiti State may resume for services as from Friday, July 17th. This is in line with the agreement reached by the state government with leaders of religious organizations in the state. Governor Kayode…
Eligible countries impacted by the COVID-19 pandemic can better manage debt relief from international lenders, using the Commonwealth Secretariat’s specialized software. The World Bank and the International Monetary Fund had called for the suspension of loan repayments owed by the poorest countries of the world, to help them manage the severe impact of the pandemic….
The Organization of Petroleum Exporting Countries (OPEC) and its allies in the Declaration of Cooperation, called OPEC+, has set June 22 as deadline for non-compliant member on the oil output cut to submit their compensation plans. The group disclosed this in a statement issued after the 19th Joint Ministerial Monitoring Committee (JMMC), held via video…
