The Cinema Exhibitors Association of Nigeria (CEAN), the country’s premier Film Trade Association Body, has announced good news for cinema lovers on the occasion of the International Cinema Day. Opeyemi Ajayi, the chairman of the…
IMF approves $3.4 billion emergency loan to Nigeria
The International Monetary Fund said on Tuesday its executive board approved $3.4 billion in emergency financial assistance for Nigeria to support the oil exporter’s response to the coronavirus pandemic. The global lender said it remained…
Nigeria to cut oil production
Nigeria will cut its oil production by 1.9 million barrels per day. This will reduce its daily crude oil production to 1.412 million barrels. Abuja is hoping for a $15 rebound in the price per…
Gombe loses N800m to oil price crash –NLC
The Gombe State Chairman, Nigeria Labour Congress, Musa Mohammed, has called on civil servants in the state to remain calm. Mohammed stated this at a joint minimum wage committee meeting which held in the office…
Nigeria oil mogul prayerfully ‘rebukes, cancels’ coronavirus globally
One of Nigeria’s richest women Folorunsho Alakija has advanced prayer as a sure route to beat the coronavirus pandemic. According to her Africa’s most populous nation has beaten past plagues and the current one will…
OPEC slashes oil production worldwide
OPEC’s decision to cut oil production worldwide is yet another blow for oil-producing countries. The organization now forecasts a global demand of 0.99 million barrels per day, compared to more than a million. This slash…
