OPEC’s Oil Output Plunges: May Witnesses a Drop of 460,000 Barrels/Day, Fueling Market Uncertainty

In a surprising turn of events, the Organisation of Petroleum Exporting Countries (OPEC) experiences a significant plunge in oil production during May, leaving the market in a state of uncertainty. The output decline of 460,000 barrels per day (bpd), compared to April, and a staggering reduction of over 1.5 million bpd since September, is primarily…

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IDPs, soldiers, women, and children among 200 killed in recent herders’ attacks on Benue communities

Reports indicate that around 200 individuals, including five members of the security forces, internally displaced persons (IDPs), women, and children, have been killed in a horrific assault by suspected terrorist herdsmen on the Yelewata and Daudu communities in the Guma Local Government Area (LGA) of Benue State.   The attack occurred just days after residents…

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Nigeria Named Early Adopter Of Long-Acting HIV Drug As Global Fund Targets Wider Prevention

Nigeria has been selected as one of nine early adopter countries for Lenacapavir, a long-acting injectable drug designed to prevent HIV infection, with 179,700 doses expected by 2028. The announcement was made on Tuesday in Abuja by the Global Fund’s Country Director, Jean-Thomas Nouboussi, during the official launch of the drug. He said the rollout…

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ADB Backs Indonesia’s Green Transition With $500 Million Policy Loan

The Asian Development Bank (ADB) has sanctioned a 500 million US dollar policy-based loan to advance Indonesia’s green growth agenda and reinforce its global competitiveness. The funding is part of the third phase of the Competitiveness, Industrial Modernisation, and Trade Acceleration (CITA) programme — a wide-ranging initiative aimed at boosting trade efficiency, encouraging sustainable investment,…

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Ebonyi Governor Congratulates Soludo On Re-Election In Anambra

Governor Francis Nwifuru of Ebonyi State has congratulated Prof. Charles Soludo on his re-election as Governor of Anambra State. The Independent National Electoral Commission (INEC) declared Soludo the winner of the November 8 gubernatorial election on Sunday, with 422,664 votes, defeating candidates from the All Progressives Congress (APC), Labour Party (LP), Peoples Democratic Party (PDP),…

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