Author: straightnewsng.com

By Akanimo Sampson IHS Markit which boasts of a dynamic team that includes more than 5,000 analysts, data scientists, financial experts and industry specialists, says the global oil market is quite thirsty for Nigeria’s lighter and heavier crude barrels. This may be a cherry New Year news of sorts for the handlers of Nigeria’s economy, the country that holds the trophy of the world poverty capital. IHS Markit however, brings together the deepest intelligence across the widest set of capital-intensive industries and markets. By connecting data across variables, its analysts and industry specialists present customers with a richer, highly integrated…

By Akanimo Sampson The low sulphur regime of the International Maritime Organisation (IMO) is likely to have an impact on the Persian Gulf countries due to the high level of sulphur content in their crude. This could spark a major transformation in oil markets as the new regulations covering the sulphur content of marine fuels has taken effect from January 1. Except for Iraq, all the other Arab states of the Persian Gulf affected are Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. IMO had since ruled that from January 1, 2020, marine sector emissions in international…

By Akanimo Sampson Major miners have said that they were prepared for the International Maritime Organisation’s (IMO) planned introduction of the 2020 fuel standards this January. The so-called IMO 2020, limits sulfur levels in bunker fuels to 0.5% from the previous typical level of 3.5%, in shipping’s biggest regulatory change in decades. But the big five bulk miners’ approaches have been varied. Many of the end-customers in China, will bear the brunt of the increases foreseen in cost and freight prices for shipping bulk commodities including iron ore, bauxite, alumina, coking and thermal coal and pet coke. Already, S&P Global…

Arsenal rang in the new year by giving boss Mikel Arteta his first victory as lacklustre Manchester United crashed to a 2-0 defeat, while Tottenham and Chelsea also slipped up in the Premier League’s top four race on Wednesday. Arteta had watched Arsenal take only one point from his first two matches, with last weekend’s 2-1 defeat against Chelsea especially painful after the Blues scored twice in the final minutes. But Arsenal had played well for long periods in that London derby and they produced an even more sparkling display to put United to the sword at the Emirates Stadium.…

The anger that greeted a campaign awareness by Nigeria Atomic Energy Commission (NAEC) to enlighten the people over the proposed siting of nuclear energy power in Oku Iboku community, Itu local government area of Akwa Ibom State is far from being over as some people in the state are wont to vent their spleen. The latest among the people opposing the project in the state is Patrick Henry Edet, a pastor  and founder of Grace Family, Uyo, who has loudly declared that the “The Nuclear Plant shall not be established in Akwa Ibom State.” NAEC which is the midwife of…

The founder of INRI Evangelical Spiritual Church, Oke-Afa, Ejigbo Lagos, Primate Babatunde Elijah Ayodele, has released prophecies for the year 2020. Ayodele made the revelations public during Christmas at his annual fest gathering. The cleric gave prophecies on Nigeria, prominent citizens including President Muhammadu Buhari, Vice President Yemi Osinbajo and national leader of the All Progressives Congress (APC), Bola Tinubu, government agencies, the international community, among others. Excerpts below: “Nigeria in the Diaspora will witness more troubles. I foresee incessant killings in the country as rioting will be on the increase. Nigeria 2020 needs to pray so well because I…

The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor E.A Adeboye, has released prophecies for the year 2020. The revered cleric listed incidents that would happen in the New Year, during the cross over service at the Redemption Camp in Ogun State, Southwest Nigeria. Pastor Adeboye said that 2020 is going to be a year of series of joy and series of victory. He, however, warned that there will be a year of series of battles. Pastor Adeboye called on Nigerians to pray for the nation, while announcing the annual RCCG fasting and prayers will begin January…

A new year is born God has again shown His faithfulness For the gone year, you were fantastic, Superb indeed supportive In keeping our dream, vision alive God bless you As we soar into another year We seek more cooperation, understanding More blessings to you and your household A Prosperous Year ahead

The Nigeria Labour Congress, NLC, Akwa Ibom State Council, has criticised Akwa Ibom State Government for allegedly withholding the salaries of 723 workers since July 2019. The state NLC’s Chairperson, Comrade Sunny James, speaking during a Solemn Assembly by NLC at the Workers Solidarity Centre, Uyo, lamented the government stopped the salaries of the affected workers without explanations. James recalled that four of their members, who worked with Jubilee Syringe Company, were also sacked for demanding their rights. “The state government stopped salaries of 723 workers since July. They have neither been recalled nor given reasons for the stoppage of…

As the shout of ‘Happy new year’ rented the air few hours ago in Akwa Ibom State, some families have started counting their blessings in the year 2020. While some families are blessed with money, others are blessed with new born babies. To Mrs. Patience Nyong, a fashion designer from Uruan local government area, it was like a dream as she became the mother of New Year baby. Born at Methodist General Hospital, Ituk Mbang, the girl weighs 2.8 kg, and was delivered at 12.04 a.m. Martha Udom Emmanuel, wife of Akwa Ibom governor, Wednesday, January 1 paid a visit…