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Elizabeth Williams

Business

Oil Mixed Amid Slower Demand Weighing On Sentiment

Oil prices were mixed on Tuesday as some investors scooped up bargains following recent losses, while Saudi Arabia’s sharp cuts in crude contract prices...

Elizabeth Williams -

Business

World Shares Hit Record As Investors Hold To Dovish US Fed Bets

A global stocks index hit a record high on Tuesday as investors took comfort in growing views the U.S. Federal Reserve is likely to...

Elizabeth Williams -

Business

OPEC+ Keen To Keep Oil Prices At $65/$75 A Barrel

The head of Russia's No. 2 oil producer Lukoil said that oil prices of $65-$75 were "comfortable" for consumers and that the OPEC+ group...

Elizabeth Williams -

Business

US Electric Company Entergy Says Power Restored To Over Half Of Customers After Ida

US electric company Entergy said power had been restored for more than half of its customers who faced an outage after Hurricane Ida. "Just eight...

Elizabeth Williams -

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Joseph Tegbe Named Power Minister: Key Things To Know About Tinubu’s Nominee

President Bola Ahmed Tinubu has nominated Joseph Olasunkanmi Tegbe as Minister of Power, pending confirmation by the Nigerian Senate. The announcement was disclosed in a statement issued by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, on Thursday. “His nomination is expected to strengthen further ongoing efforts to reform the power sector, enhance...

Supreme Court Confirms David Mark As ADC Leader, Orders Fresh Hearing

The Supreme Court of Nigeria has affirmed David Mark as the leader of the African Democratic Congress, delivering a major ruling in the party’s ongoing leadership tussle. According to reports, the apex court reached a unanimous decision through a five-member panel led by Justice Mohammed Lawal Garba. The court held that the appellate court...

Tinubu Nominates Joseph Tegbe As Minister Of Power

President Bola Ahmed Tinubu has nominated Joseph Olasunkanmi Tegbe as Minister of Power, subject to confirmation by the Senate. The nomination has been formally transmitted to the Nigerian Senate for screening and approval in line with constitutional provisions. This development follows the resignation of former Minister Adebayo Adelabu, who stepped down to pursue elective office. Mr Tegbe,...