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Author: Abraham Akpan

FG’s plans to increase oil, gas reserves on course – DPR

The Department of Petroleum Resources (DPR) has said the federal government’s plan to increase the nation’s oil and gas reserves, are on course, and is being boosted by strategic policies and programmes. The Head, Public Affairs, DPR, Paul Osu, made this known in a statement on Tuesday

Groups fault ‘monocropping’, urge more support for smallscale farmers

African-based environmental groups have called on rich and influential donors to give “more investment and support” to smallholder farmers to boost agroecological farm practices in Africa. The Southern African Faith Communities’ Institute, Health of Mother Earth Foundation (HOMEF), other environmentalists, and small-scale farmers said this is what

Naira sees biggest gain in nearly a month

Naira gained significantly against the U.S. dollar at the official market Friday as it touched 410 for the first time in almost a month. Data posted on the FMDQ Security Exchange where forex is officially traded showed the local unit closed at N410.80 per $1

Oil prices fall as China demand outlook falters

The prices of crude oil plummeted more than 1 per cent on Monday for a third session, after official data revealed refining and economic activity slowed in China. Brent crude was down 90 cents, or 1.3 per cent, at $69.69 a barrel by 0649 GMT.

OPEC+ agrees to increase oil production by 400,000/bpd

The Organisation of Petroleum Exporting Countries (OPEC) and its allies on Sunday agreed to increase global oil production by 400,000 barrels per day. OPEC and its Russia-led oil-producing allies, OPEC+, agreed to unleash barrels of bottled-up crude over the next two years by committing to restore all

FG distributes rice seedling, inputs to Ebonyi farmers

The Federal Government on Wednesday distributed 150 bags of improved rice seedlings and other inputs to farmers in Ebonyi State. The Minister of Agriculture and Rural Development, Muhammad Nanono, said the gesture was intended to boost wet season rice farming in the state. According to