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Abiodun: CNG Buses Will Revolutionize Nation’s Transport Sector
Ogun State Governor, Prince Dapo Abiodun, on Monday said the introduction of Compressed Natural Gas (CNG) mass transit buses in the country will revolutionize the entire transport sector and reduce the hardship being experienced by Nigerians following the recent removal of fuel subsidy by the Federal Government. The governor made this remark during the unveiling […]
Oil Prices Hit $91.31/Barrel As OPEC+ Meeting Holds Wednesday
Oil prices continued to surge on Monday as Brent crude, global oil benchmark, hit $91.31 per barrel, ahead of an OPEC+ meeting on Wednesday. A market survey on Monday morning indicated that Brent crude rose $1.28, or 1.4%, to $91.31 a barrel, after adding 69 cents on Friday compared to the US West Texas Intermediate […]
Korea Offers Africa $5Bn Grant, Parleys On $600m Energy Deal
The African Development Bank (AfDB) has signed a Joint Declaration with the Korean Government for a $5 billion bilateral financial assistance package for Africa. The deal was sealed at a Ministerial Roundtable of the Korea-Africa Economic Cooperation (KOAFEC) Conference held during AfDB’s 53rd Annual Meetings in the Asian country. The President of AfDB, Dr. Akinwumi […]