Business

Fire Consumes Tank Farm In Ijora, Lagos

A fire erupted at a tank farm in the Ijora-Badia area of Lagos State on Thursday, according to the Lagos State Emergency Management Agency. The agency, in a statement signed by its Director-General, Olufemi Oke-Osanyintolu, said it has “activated its emergency response plan and all relevant stakeholders have commenced appropriate measures to combat the flames […]

Business

Oil prices lose ground as rising COVID-19 cases, lockdowns move back into focus

Oil futures lost some ground early Thursday, with attention turning back to the ongoing rise in COVID-19 cases around the world, underlining worries about energy demand as economies slow, while investors are also keeping an eye on the results of the U.S presidential election. West Texas Intermediate crude for December delivery CL.1, -0.59% fell 33 […]