Crude oil surpasses benchmark budget, sells at $39.50

Global crude oil prices finally surpassed Nigeria‚Äôs budgetary benchmark, yesterday, trading above $39 per barrels. This came as experts on the economy have cautioned the Federal Government to be frugal with the revenue accruing from the rise in oil price, so as to steer the country from the current economic downturn. The price of Brent… Read More Crude oil surpasses benchmark budget, sells at $39.50

South Africa to deploy Special Military Forces to aid Nigeria in fight against insurgency

The Minister of Defence, Mansur Dan-Ali, on  Monday said that arrangements are currently on going between South Africa and Nigeria military for the extension of her military special forces to Nigeria. This is a follow up to the Memorandum of Understanding (MoU) signed between the two countries in 2013, prompting the Chiefs of Defence of… Read More South Africa to deploy Special Military Forces to aid Nigeria in fight against insurgency

Richest female athlete, Maria Sharapova tests positive to drug

Maria Sharapova, who is the world’s richest female athlete, will be suspended from tennis after she admitted to failing a drug test at the Australian Open in January. A sombre looking Sharapova, speaking at a press conference in Los Angeles on Monday, said she’d been taking the drug, meldonium, since 2006 and didn’t realize it… Read More Richest female athlete, Maria Sharapova tests positive to drug