Oil prices rebounded on Tuesday on reports that output from the world’s largest oil producers fell during the third quarter, although a resumption in Saudi supply and demand concerns kept a lid on gains. Brent crude futures LCOc1 rose 57 cents to 59.82 dollars a barrel by 0852 GMT, while U.S. West Texas Intermediate crude […]
Philip Clement – Abuja The Minister of Mines and Steel Development, Olamilekan Adegbite, has assured industry stakeholders and Nigerians that the federal government will revitalize the Ajaokuta Steel Company to produce optimally. The minister, who is an Architect, also assured that some sections of the steel company will work before the end of the year. […]
Philip Clement – Abuja Zamfara State Government has said it partnering with the Russian government in developing critical sectors of the state’s economy. This was discussed in a meeting between the Zamfara State Governor Hon Dr Bello Mohammed MON (Matawallen Maradun) and the Ambassador of the Russian Federation, Mr Alexey L.Shebarshin which held at the […]
The United States bomb test has prompted a reaction from the Russian President Vladimir Putin as he ordered the Russian military on Friday to prepare a “symmetric response” to that effect. The United States department of defense, disclosed they carried out a test on a ground launching missile that was initially forbidden under the 1987 […]
Africa’s highest-ranked table tennis player, Aruna Quadri, has retained the Nigeria Open Men’s Singles title after defeating Austria’s Gardos Robert 4-2 on Sunday in Lagos. Quadri, ranked number 22 in the world, went on a thrilling six games decider (15-13, 11-3, 8-11, 11-6, 10-12, 11-1) to defeat world ranked number 64, Gardos, at the Molade […]
Serena Williams looked solid in her first match since Wimbledon as she defeated Belgium’s Elise Mertens on Wednesday to reach the third round at the WTA Toronto tournament. Serena Williams beat the 20th-ranked Mertens 6-3, 6-3 Wednesday at the WTA Toronto tournament. The 37-year-old American, one crown shy of a record-tying 24th Grand Slam singles […]
…As China’s automobile industry records new milestone of global development Motolani Oseni Upon approval by the Ministry of Commerce, the Ministry of Public Security and the General Administration of Customs, the used cars export in Guangdong has commenced in efficient operations. The used cars, which will be sold to customers in Cambodia, Nigeria, Myanmar, Russia, […]
Reigning Commonwealth champion, Nigeria’s Odunayo Adekuoroye, defeated Tetyana Kit of Ukraine 10-0 in the final to win gold in the 57kg category at the ongoing Yasar Dogu Ranking Series event holding in Istanbul, Turkey. Newsmen report that the World wrestling silver medalist, Adekuoroye defeated the 2015 World Championships bronze medalist and 2016 European championships silver […]
Experts have predicted that the trade turnover between Russia and Africa would double in the next three years. Last year, the total export volume of Russia and African countries grew by 18% and reached USD 17.5 billion. Managing Director of Afreximbank’s Intra-African Trade Initiative, Kanayo Awani and Deputy Governor of the Central Bank of Egypt, […]
Russia has declared interest in developing the mining industry in Africa through a multilateral approach. This was disclosed on Thursday during a panel session at the ongoing Afreximbank Annual Meeting in Moscow, Russia. One of the key focal points of the session was the Russian and African cooperation in the development of the mining industry […]
Motolani Oseni At the end of the first four months in 2019, Nigeria has recorded a total sum of $6.5 billion in total direct remittances, against $2.42 billion reported during the corresponding period in 2018, the latest data from the Central Bank of Nigeria (CBN) has revealed. The Apex bank international payment data, however, showed […]
Motolani Oseni President, Association of Bureaux De Change Operators of Nigeria (ABCON), Alhaji (Dr.) Aminu Gwadabe has said the trade wars between the United States of America (US) and China have led to higher crude oil (Brent) prices, which is good for the naira and the Nigerian economy. Speaking yesterday to financial journalists in Lagos, […]
Super Eagles’ Technical Adviser Gernot Rohr has said that he has visited Super Eagles Captain John Mikel Obi in England and described their deliberation concerning his return to the team as fruitful. The Franco-German Coach is putting finishing touches to his preparations’ for the 2019 Africa Cup of Nations holding in Egypts from June 21 […]
Godwin Anyebe Mathematics education which is the bedrock of science and technology can truly make Nigeria the giant of Africa and the black race. This is the view of Abiodun Ayodeji, the Marketing Manager of Promasidor Nigeria Limited, makers of Cowbell Milk brand, the sponsor of Cowbellpedia Secondary Schools Mathematics TV Quiz Show. Ayodeji who […]
Unlike his continental counterpart Egypt’s Omar Assar who plummeted in the May ITTF ranking, Nigeria’s Aruna Quadri maintains his status as the continent’s best as well as 23rd rated player in the world. Also, as one of the seeded players at the ITTF Challenge Serbia Open, Olajide Omotayo has been set up against Russia’s Petr […]
Russia has started its biggest military exercises since the collapse of the Soviet Union. Moscow sent some 300,000 troops to join the Chinese Army near the countries’ border on Tuesday. Up to 1,000 Russian military aircraft, two naval fleets and all Russia’s airborne units are also on show. Joint military drills are not uncommon but […]
Construction workers building stadiums for Russia to host the FIFA 2017 Confederations Cup and 2018 World Cup face exploitation and labor abuses, Human Rights Watch said today. FIFA, the worldwide football association, has yet to fully deliver on its commitments to conduct effective monitoring of labor conditions ahead of the Confederations Cup and World Cup, […]
The federal government on Tuesday begged Nigerians traveling to Russia not to escape during or after the 2018 World Cup tournament. Solomon Dalung, Minister of Youths and Sports made the appeal in a chat with newsmen in Abuja. Speaking on the fears of trafficking in persons during the mundial, Dalung said that nobody would be […]
Liberian President, George Weah, has said the Nigerian national football team, Super Eagles, have the potential to win the World Cup billed for Russia in June if the rights things are done. Weah is the only African player to win the coveted World Best award in his days as a professional footballer. Responding to a […]
After Nigeria’s qualification for the 2018 World Cup in Russia was sewn up, the most important issue was hearing about the Super Eagles preparation. What friendlies would they be involved in? Where will the pre – World Cup camp be located? Have they settled their World Cup bonuses (only Africans will understand this point)? However, […]