The second quarter of 2018 saw the Dated Brent market break briefly above $80/barrel for the first time since November 2014, buoyed by escalating geopolitical risk as US President Donald Trump moved to pull out of the Iran nuclear deal, throwing the future of Iranian supply into heavy doubt. The spike in crude prices — […]
Neymar may be Brazils leading man at this World Cup, but a war is brewing between the country and its star striker, writes Marcus Alves ‘The interview would be recorded and – in case any subject, question or answer is not considered appropriate – we could request that it be excluded,’ was the gist […]
Shares in commodities giant Glencore plunged Tuesday after the company were ordered to hand over documents to the U.S. Department of Justice for a check on its compliance with corruption and money laundering rules. The company, which is based in Baar, Switzerland, said Tuesday the requested documents and records relate to its business in Nigeria, […]
The Italian government has announced that it will give Libya 12 boats to help tackle human trafficking and curb the flow of migrants into Europe. The decision comes as the EU debates how to handle the influx. The International Organization for Migration says it appears smugglers are exploiting those desperate to cross the Mediterranean before […]
The captain of Nigeria’s national football team, John Obi Mikel, has revealed he was told his father had been kidnapped four hours before the crunch World Cup game against Argentina, which saw the West African nation knocked out of the tournament, the UK Guardian news site reports. Pa Michael Obi was abducted in south-east Nigeria […]
The current two-door Beetle has been on sale since 2011 and production is due to end next year. Originally, it was thought that the current Beetle wouldn’t be replaced – indeed, VW officials confirmed as much earlier this year – but now our sister title Autocar reports that plans are in place to resurrect the […]
A “psychic” octopus that correctly predicted the results of all three of Japan’s soccer World Cup group stage games has been killed and sent to market, just as the knockout stages of the tournament get underway, according to Japanese media. Rabiot, a giant Pacific octopus caught in Obira, Hokkaido, correctly “predicted” that Japan would win […]
At least 270 undocumented migrants have been rescued off Libya’s western coast, the navy said on Saturday. In a statement, naval forces affiliated with Libya’s internationally recognized Government of National Accord said the migrants included 11 children and 80 women. The migrants are of Eritrean, South Sudanese, Egyptian, Comorian, and Bangladeshi nationalities, the statement added. […]
Nigeria Mortgage Refinance Company (NMRC) plans to seek approval from members by the end of the month to triple the size of its debt programme to 440 billion naira ($1.44 billion), the state-backed mortgage agency said on Monday. Nigeria set up a mortgage-backed guarantee company in 2014, partly with World Bank aid, in an effort […]
An entrepreneur, Gbenga Olawepo Hashim, says that the high rate of poverty and social inequality in Nigeria is worrisome. Hashim was the guest speaker at The Citizens’ Colloquium orgainsed by the Citizens Communications and Advocacy Centre on Monday in Abuja. The topic of his paper is “Understanding Democracy as Instrument of Development, Integration and National […]