Day: May 6, 2021

Crude oil slips to $68.54 per barrel

Efe Wellington

  Oil prices slipped on Thursday, reversing early gains under pressure from rising COVID-19 infections in India and elsewhere although prices retained some support from a report the previous session that showed U.S. crude inventories fell much more sharply than expected. Brent crude oil futures fell by 43 cents, or 0.6%, to $68.54 a barrel by 11:47 a.m. ET (1547 GMT). West Texas Intermediate (WTI) U.S. crude futures slipped 54 cents, or 0.8%, to $65.09. “When Saudi Arabia cut their crude selling price, it was a stark reminder that there…

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JUST IN: Buhari fires Nigerian Port Authority Boss Hadiza Bala Usman

Dawud Rabiu

  How Usman’s 5-year tenure, which started in January, was abruptly brought to an end in just four months President Muhammadu Buhari has removed Hadiza Bala Usman as Managing Director/CEO of Nigerian Ports Authority (NPA). The President who effected the removal through the suspension of Usman has immediately replaced her with Mohammed Koko who is taking Over in Acting Capacity. Usman was first appointed as the Managing Director of the NPA in 2016. President Muhammadu Buhari had in January reappointed Hadiza Bala Usman as Managing Director of Nigerian Ports Authority,…

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Dare, Nigerian famous Pastor Adeboye’s Son, dies 37 Days to 43rd birthday

Gbenga Adeoti

  Dare Adeboye, third child of Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God, is dead. He reportedly died 37 days to his 43rd birthday. He was aged 42. Platforms Africa reports that he would be 43 on June 9, 2021. Before his death, he was one of the pastors in Abuja branches of the church. He officiated on Sunday. “He however asked not to be disturbed after getting home from church. He retired to his bedroom, slept but did not wake up,” official told Platforms…

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