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Oil, gas industry owes FG $6bn, N66bn – NEITI Report

The Nigeria Extractive Industries Transparency Initiative (NEITI) says outstanding collectible revenues due to the Federal Government in the oil and gas industry have risen to 6.071 billion dollars and N66.4 billion as at June 2024, respectively.

NEI…

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Argentina goalkeeper Martinez handed two game ban

Argentina goalkeeper Emiliano Martinez has been given a two-game international ban for breaching FIFA’s disciplinary code, the South American country’s football association said on Friday.

The 32-year-old was punished for shoving a cameraman to the g…

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Venezuela reaffirms commitment to defending UN Charter

Venezuela reiterated its “strong commitment” to supporting the goals of the Group of Friends in Defense of the Charter of the United Nations, Venezuelan Foreign Minister Yvan Gil said on Friday.

“In these challenging times, the Group of Friends in D…

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Angola and USA address cooperation increase

The minister of Foreign Affairs, Teté António, held on Thursday, in New York, a working meeting with the US Assistant Secretary of State for African Affairs, Molly Phee.

The meeting helped both individuals speak about the increase in political-diplo…

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Tinubu tasks Edo gov-elect on development

President Bola Tinubu has called on the Edo governor-elect, Sen. Monday Okpebholo, to prioritise the development of his state.

The President also assured him of the full support of the Federal Government and the Progressive Governors’ Forum (PGF).

…

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Mandalika MotoGP race kicks off in Indonesia

The 15th Motorcycle Grand Prix (MotoGP) kicked off on Friday at the Mandalika International Circuit in Central Lombok, West Nusa Tenggara (NTB) province, Indonesia, with the opening day featuring a free practice session.

The highly anticipated inter…

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NIWRMC adopts ADR to resolve water management disputes

The Nigeria Integrated Water Resources Management Commission (NIWRMC) has announced its decision to adopt Alternative Dispute Resolution (ADR) mechanism to resolve water management disputes in the country.

Mrs Sakinatu Abbo-Jimeta, Acting Executive …

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Flash floods kill 3, injure 20 in E. Afghanistan

At least three people lost their lives and 20 others sustained injuries as flash floods swept through parts of eastern Afghanistan’s Nangarhar province on Friday morning, a local official said.

Heavy rains triggered flash floods in the outskirts of …

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Cotton futures close higher

Cotton futures closed higher Friday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active cotton contract for January 2025 delivery gained 315 yuan (about 44.94 U.S. dollars) to close at 14,555 yuan per tonne.

On Friday, the…

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