Last updated on September 11th, 2021 at 02:45 pm
The Organisation of Oil Producing Companies (OPEC), Russia and other allies referred to as OPEC+, yesterday agreed to extend oil production cut till December this year.
Though Minister of State for Petroleum Resources, Timipre Sylva had yesterday insisted that Nigeria has been complying with the quota and would 100 per cent comply to ensure oil market rebound.
The cartel yesterday stressed on the need for countries like Nigeria, Iraq and others to fully comply with cut.
OPEC+ had in April agreed on cutting supply by 9.7 million barrels per day (bpd) during May-June. It will cut 7.7 million bpd from July to December.
(Guardian)
Senegal's ruling Pastef party has won a resounding victory in the legislative elections, taking130 of the 165 seats in parliament,…
Gaza’s hunger crisis is not only statistic, but a set of narratives such as Yasmin Eid, amother of six, who…
The government of Kenya announced that it is looking into the suspected kidnapping ofKizza Besigye, a well-known opposition politician from…
A team of 80 security agents tasked with protecting the electricity grid was ambushed onMonday in Shiroro, Niger State, by…
Cryptocurrency becomes the new thing in Africa. People shift for stable alternatives aftertheir unstable local currencies. Many people believe Donald…
UAE has also distributed 30,000 food baskets to Sudanese refugees in Kiryandongo refugeecamp Uganda to benefit nearly 100,000 affected people.Aid…
This website uses cookies.