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Trump Hails Chancellor Olaf Scholz Election Defeat As Great Day For Germany

Friedrich Merz
After a conservative opposition leader named Friedrich Merz declared victory in an election, US President Donald Trump praised Sunday as a “great day for Germany.” According to exit polls from the German election, the far-right AfD made significant gains, but leader Merz’s center-right Christian Democratic Union (CDU) party emerged victorious. According to public broadcaster ZDF, the CDU/CSU combination was expected to take the lead with 28.5% of the vote, followed by the AfD with 20%, which would be the far-right party’s highest-ever result in polls that was keenly watched throughout Europe and the US. According to the prediction, the center-leftRead More

UK Nominates Nigerian Lawyer, Akande, For UN Law Commission

United Kingdom
The United Kingdom has selected Prof. Dapo Akande, as its candidate for the International Law Commission (ILC) for the period between 2023 and 2027. The ILC is a body ofRead More

Biden Moves To Help LGBTQI+ People In Nigeria, Others With Resettlement Visa

US President, Joe Biden
President Joe Biden has issued a presidential memorandum aimed at expanding protection of the rights of lesbian, gay, bisexual, transgender and queer and intersex (LGBTQI) people worldwide, including potentially throughRead More

At $66, Soaring Oil Price Reinforces Imminent Hike In Petrol Cost

Crude oil
House investigates alleged breach of local content in $2.6bn AKK project The increase in the pump price of petrol has become imminent as Brent crude oil, against which Nigeria’s oilRead More

Report: AfCFTA To Push Nigeria, Other Economies To $29tn

African Continental Free Trade Area (AfCFTA)
The elimination of tariff following the introduction of the African Continental Free Trade Area Agreement (AfCFTA) is expected to boost intra-African trade by 52 per cent and help Nigeria andRead More

Okonjo-Iweala: My Emergence Will Open Doors For Women

Ngozi Okonjo-Iweala
Nigeria’s former Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has said her emergence as the director-general of the World Trade Organisation (WTO), will open doorsRead More

Analysts Project $100 Supercycle For Oil Post-pandemic

Oil rig
Barkindo: Industry investments declined by 30% in 2020 A steady rise in oil prices since late last year could presage a new ‘supercycle’ in oil as the world economy recoversRead More

Victorious Okonjo-Iweala Pledges To Rebrand, Reform WTO As DG

Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala
Promises to prioritise access to COVID-19 vaccines Buhari, others hail her emergence With her emergence yesterday as the first African and first female to be the Director-General of the WorldRead More

At $63, Crude Oil Price Hits 13-month High

Organisation of Petroleum Exporting Countries (OPEC)
Nigeria to eliminate gas flaring by 2025 Oil prices yesterday maintained their upswing, hitting their highest in about 13 months on the back of vaccine rollouts expected to increase demandRead More

Again, OPEC Cuts 2021 Oil Demand, Projects Q2 Rise

Organisation of the Petroleum Exporting Countries (OPEC)
The Organisation of Petroleum Exporting Countries (OPEC), projected yesterday that world oil demand in 2021 will rebound more slowly than previously thought but added that it will pick up inRead More

US’ Endorsement Clears Road For Okonjo-Iweala As WTO DG

Dr Ngozi Okonjo-Iweala
Buhari: Nigeria’ll work closely with America President Muhammadu Buhari has expressed the readiness of Nigeria to collaborate with the United States of America following its endorsement of Nigeria’s Dr NgoziRead More