Experts in international standardization around the world have advocated substantial reduction in human impact and protection of the planet, seeking political will, concrete action and the right tools among which are international standards This advocacy is predicated on the human and large scale industrial activities which modern civilization have added …

Diaspora remittances to the African continent could drop by 21% in 2020 compared to 2019. This is according to the “Preserving remittances in the era of covid-19” report published last week by the anti-poverty organization ONE and the United Nations Economic Commission for Africa (ECA) This represents an anticipated decline …

Following directives by President Muhammadu Buhari on dissolution of Special Anti-Robbery Squad and immediate response to yearnings of citizens, the Inspector General of Police, Mohammed Adamu, convened a meeting with stakeholders, agreeing to meet demands, which include halting use of force against protesters and unconditional release of arrested citizens. A …

Organization of the Petroleum Exporting Countries (OPEC) has forcasted that the downstream operations of crude oil production has come under enormous pressure due to declining demand, saying this will likely force a wave of refinery closures, especially as new capacity comes online in the Asia-Pacific and Middle East and Africa …

The 2020 OPEC World Oil Outlook (WOO) which was launched on Monday in Vienna, Austria, has foretasted that the global oil sector will need cumulative investment of $12.6 trillion in the upstream, midstream and downstream through to 2045. The highlights from this year’s WOO noted that the outbreak of the …

The increase in the pump price of fuel, in 2020, a fall-out of the deregulation of the downstream sector, did not compel the youths of Nigeria to troop out onto the streets. The additional hike in electricity tariffs was not enough to ignite their anger either. The government of the …

The South Sudanese government is considering abandoning the local currency, the South Sudanese Pound, to better cope with the current economic crisis and the depreciation of the currency. The information was reported on October 9 by Michael Makuei Lueth, the minister of information and broadcasting. The coronavirus pandemic has led …

President Muhammadu Buhari Monday in Abuja assured Nigeria’s former Minister of Finance and Economy, Dr Ngozi Okonjo-Iweala, that the country will explore every opportunity and deploy its entire energy to ensure that she becomes the Director-General of World Trade Organisation (WTO). Dr Okonjo-Iweala is one of two candidates contesting for …

President Muhammadu Buhari Monday in Abuja declared that disbanding of the Special Anti-Robbery Squad (SARS) is the first step to extensive police reforms by his administration. Speaking at the launch of the Presidential Youth Empowerment Scheme (P-YES), aimed at creating 774,000 jobs across the Local Government Areas (LGAs) in the …

Board members of the Nigerian Copyright Commission (NCC) have denied endorsing a letter by their Governing Board Chairman, Dr. Tonye Clinton Jaja, to sack the Director-General of the Commission, Mr. John O. Asein. Jaja, in a letter dated 22nd September 2020, had requested that President Muhammadu Buhari, should suspend Asien, …