Ad
By Abiola Olawale The Amalgamated Union of Foodstuff and Cattle Dealers of Nigeria (AUFCDN), has agreed to resume the movement of food supplies from the North to South, six days after the union embarked on a nationwide strike. The union had commenced an indefinite strike, blocking the movement of food items from North to South,…
March 3, 2021
By Tsvetana Paraskova The leaders of the OPEC+ alliance, Saudi Arabia and Russia, are reportedly once again at odds over oil supply management ahead of another crucial meeting of the group next week. OPEC’s top producer and de facto leader Saudi Arabia would likely prefer the March 3-4 meetings(today and tomorrow) to decide that the…
March 3, 2021
By Abiola Olawale President Muhammadu Buhari has placed a ban on the mining of Gold and other precious metals in Zamfara State, declaring the state a no-fly-zone, in response to recent security challenges erupting from the state. National Security Adviser (NSA), Major General Babagana Monguno (Rtd), disclosed this to state house correspondents at the end…
March 3, 2021
From Segun Amure, (The New Diplomat's Abuja Bureau) The Federal Government of Nigeria said it has concluded plans to crash the price of petroleum products in the country through local refining. This was contained in a statement released by the Senior Special Assistant to President Muhammadu Buhari on Niger Delta Affairs, Senator Ita Enang. Enang…
March 1, 2021
By Abiola Olawale Senator Ovie Omo-Agege, the Deputy President of the Senate (DSP), has said there is a need to scale up solar energy development in the country to address the challenge of mono-power generation, leading to energy shortfall nationwide. Nigeria is currently generating most of its electricity from gas-fired power plants and hydro-sources. However,…
March 1, 2021
 No Plan To Increase Fuel Price -- NNPC By Abiola Olawale Anxiety gripped Nigerians as fuel scarcity hit Lagos, Abuja and other major cities in the country over the weekend despite there has been no official increase in the ex-dopt price of PMS. Recent consternation of Nigerians on the Premium Motor Spirit (PMS) also known…
March 1, 2021
Dr. (Mrs.) Ngozi Okonjo-Iweala on Monday, March 1, officially resumed her position as the new Director-General of World Trade Organization (WTO) at the body's headquarters in Geneva, Switzerland. Okonjo-Iweala, Nigeria’s former Minister of Finance and development economist was confirmed as WTO DG on February 15 at the General Council Meeting of the global trade body.…
March 1, 2021
From Segun Amure, (The New Diplomat's Abuja Bureau) Central Bank of Nigeria (CBN) has given its nod to Vice-President Yemi Osinbajo’s counsel on the regulation of cryptocurrency operations in Nigeria. Recall the Vice President in his address at the Bankers' Committee event on Friday, had said there is a need to regulate crypto operations in…
February 27, 2021
By Tsvetana Paraskova The OPEC+ group of producers complied at 103 percent with the oil output cuts in January, higher than the estimated compliance in December, Argus reports, citing three delegates from the alliance. In December 2020, the OPEC+ coalition saw its overall compliance with the original production adjustments at 101 percent, OPEC said at the…
February 27, 2021
Advert
Ad
By Abiola Olawale The Amalgamated Union of Foodstuff and Cattle Dealers of Nigeria (AUFCDN), has agreed to resume the movement of food supplies from the North to South, six days after the union embarked on a nationwide strike. The union had commenced an indefinite strike, blocking the movement of food items from North to South,…
March 3, 2021
By Tsvetana Paraskova The leaders of the OPEC+ alliance, Saudi Arabia and Russia, are reportedly once again at odds over oil supply management ahead of another crucial meeting of the group next week. OPEC’s top producer and de facto leader Saudi Arabia would likely prefer the March 3-4 meetings(today and tomorrow) to decide that the…
March 3, 2021
By Abiola Olawale President Muhammadu Buhari has placed a ban on the mining of Gold and other precious metals in Zamfara State, declaring the state a no-fly-zone, in response to recent security challenges erupting from the state. National Security Adviser (NSA), Major General Babagana Monguno (Rtd), disclosed this to state house correspondents at the end…
March 3, 2021
From Segun Amure, (The New Diplomat's Abuja Bureau) The Federal Government of Nigeria said it has concluded plans to crash the price of petroleum products in the country through local refining. This was contained in a statement released by the Senior Special Assistant to President Muhammadu Buhari on Niger Delta Affairs, Senator Ita Enang. Enang…
March 1, 2021
By Abiola Olawale Senator Ovie Omo-Agege, the Deputy President of the Senate (DSP), has said there is a need to scale up solar energy development in the country to address the challenge of mono-power generation, leading to energy shortfall nationwide. Nigeria is currently generating most of its electricity from gas-fired power plants and hydro-sources. However,…
March 1, 2021
 No Plan To Increase Fuel Price -- NNPC By Abiola Olawale Anxiety gripped Nigerians as fuel scarcity hit Lagos, Abuja and other major cities in the country over the weekend despite there has been no official increase in the ex-dopt price of PMS. Recent consternation of Nigerians on the Premium Motor Spirit (PMS) also known…
March 1, 2021
Dr. (Mrs.) Ngozi Okonjo-Iweala on Monday, March 1, officially resumed her position as the new Director-General of World Trade Organization (WTO) at the body's headquarters in Geneva, Switzerland. Okonjo-Iweala, Nigeria’s former Minister of Finance and development economist was confirmed as WTO DG on February 15 at the General Council Meeting of the global trade body.…
March 1, 2021
From Segun Amure, (The New Diplomat's Abuja Bureau) Central Bank of Nigeria (CBN) has given its nod to Vice-President Yemi Osinbajo’s counsel on the regulation of cryptocurrency operations in Nigeria. Recall the Vice President in his address at the Bankers' Committee event on Friday, had said there is a need to regulate crypto operations in…
February 27, 2021
By Tsvetana Paraskova The OPEC+ group of producers complied at 103 percent with the oil output cuts in January, higher than the estimated compliance in December, Argus reports, citing three delegates from the alliance. In December 2020, the OPEC+ coalition saw its overall compliance with the original production adjustments at 101 percent, OPEC said at the…
February 27, 2021
