Entries by yalo

Oil Price Rise For Third Day

Yemisi Izuora   Oil prices rose for a third day on expectations that major producers are likely to enact deeper output cuts to offset the slump in demand caused by the coronavirus outbreak in China, the world’s second-largest crude consumer.   Brent crude rose 17 cents, or 0.3 per cent, to $55.96 per barrel while […]

Senate And NNPC

The Senate has said all Nigerian National Petroleum Corporation (NNPC) transactions should be completely overhauled to enhance transparency and accountability and ultimately block all leakages in the system.   It explained that the development stemmed from mounting concerns over increasing leakages and declining revenues from the nation’s revenue-generating agencies.Senate also demanded that credible auditing of […]