Author: straightnewsng.com

By Akanimo Sampson The Deputy Secretary-General of the United Nations Conference on Trade and Development (UNCTAD), Isabelle Durant, told participants at the largest gathering on sustainable development progress in New York on July 17 that the world needs fairer, not less, trade to promote shared prosperity. The High-level Political Forum (HLPF) convened at the United Nations headquarters in New York from July 9-18 to take stock of the progress made on the Sustainable Development Goals (SDGs) and chart next steps towards a more prosperous world by 2030. Geneva-based trade trio, UNCTAD, the World Trade Organisation (WTO) and the International Trade…

The Nigerian National Petroleum Corporation (NNPC) said it recorded a trade surplus of N6.33 billion in May this year. This is against N5.60 billion surplus or 13 per cent higher than made in April, according to the corporation’s Monthly and Operations report released on Sunday in Abuja. The corporation attributed the rise to the increase in gas and power output and surplus recorded by the corporation’s downstream entities like NNPC Retail, Petroleum Products Marketing Company, Nigerian Pipelines Security Company and Duke Oil. The report further indicated that within the period, the NNPC recorded a total of 580.32 million dollars in export…

By Akanimo Sampson The International Organisation for Migration (IOM) has reported the death of 683 migrants on the three main Mediterranean Sea routes through 199 days of this year which represents 47 per cent of the total (1,449 deaths) confirmed during the same period in 2018. The United Nations agency also reports that 34,226 migrants and refugees have entered Europe by sea through July 17, roughly a 34 per cent decrease from the 51,782 arriving during the same period last year. Arrivals this year to Spain and Greece are each well over 10,000 individuals (28,356 combined) accounting for almost 83 per cent of the region’s total, with…

An Australian woman charged with decapitating her mother and leaving the head outside a neighbour’s house has been sent for a medical assessment, Daily Telegraph newspaper reported. Police said the body of a 57-year-old woman was found inside her Sydney home on Saturday night, in what they described as one of the “most horrific” crime scenes they had seen. The woman’s 25-year-old daughter was arrested in the front garden of a neighbour’s house after allegedly putting her mother’s head on the footpath outside. National broadcaster ABC said the accused woman appeared in Parramatta Bail Court via video link on Sunday,…

Aisha, wife of President Muhammadu Buhari has warned the Inspector-General of Police against intimidating Busola Dakolo and her husband, Timi over the rape allegation against Pastor Biodun Fatoyinbo of the Commonwealth of Zion Assembly, COZA. Busola had some weeks ago alleged in a video posted online that Biodun raped her when she was 17 years. As a result of the allegation, Pastor Biodun stepped down as the senior pastor of COZA, over alleged rape allegation by Timi Dakolo’s wife, Busola Aisha’s warning came after the police summoned singer, Timi Dakolo and his wife, Busola to Abuja on Tuesday over alleged falsehood,…

By Akanimo Sampson The Nigerian Army has confirmed the killing of a Colonel, a Captain and three soldiers by Boko Haram insurgents about 30 persons in Borno and Sokoto states were wiped off the face of the Earth in the unabated killing spree in Nigeria. While suspected armed bandits in Sokoto State allegedly killed over 20 persons in Dan Tatsako Village of Goronyo local government area, in Borno State, the hotbed of Boko Haram bloodletting, an Army Colonel, a Captain with his four escorts and a driver were also allegedly killed on Thursday by some fleeing terrorists between Mainok and…

By Akanimo Sampson Despite the uncertainty of trade war that continues to loom over the outlook for the second half of this year, major Taiwanese tech companies wrapped up an eventful but better-than-expected month in June, logging modest revenue growth. Each month the Nikkei Asian Review tracks the revenue of 19 Taiwanese tech suppliers, whose clients range from hardware giants Apple, Huawei, HP, Dell and Cisco, to internet companies such as Amazon and Google, and even electric vehicle maker Tesla and telecom equipment builders Nokia and Ericsson. Key findings for the month are presented below in an easy-to-digest, graphics-led format.…

By Akanimo Sampson An environmental genocide, better known in environmental rights advocacy circles as ecocide, is currently threatening to send the planet into oblivion. But, how prepared are you for this looming oblivion? Any sound exit plan yet? At the moment, a new study has found that carbon dioxide emissions may trigger a reflex in the carbon cycle, with devastating consequences. The NASA and the National Science Foundation supported study – Characteristic disruptions of an excitable carbon cycle – by a Massachusetts Institute of Technology (MIT) scientist said, “The great environmental disruptions of the geologic past remain enigmatic. Each one…

The recent brutal killing of Funke Olakunrin, daughter of Afenifere leader, Reuben Fasoranti, by suspected herdsmen has again worsened the horrendous security situation with attendant unremitting kidnapping, robbery, ritual killings, smuggling, street gang (or cult-related) violence, herdsmen killings, Islamist terrorism and militancy in the Nigerian state. Expectedly, Funke’s demise by unidentified persons has thrown up a groundswell of sharp reactions and acerbic comments from various groups and Nigerians. Some prominent Nigerians- former President Olusegun Obasanjo; former President Goodluck Jonathan; Vice President Yemi Osinbajo; Nobel Laureate, Prof Wole Soyinka, Bola Tinubu, the national leader of the All Progressives Congress (APC); Chief…

Algeria won the Africa Cup of Nations for the second time as a freak early goal secured a 1-0 win against Senegal in the final in Cairo. Baghdad Bounedjah’s shot took a huge deflection off Salif Sane and looped over goalkeeper Alfred Gomes. Senegal, who have never won the competition, were awarded a penalty for handball in the second half but it was overturned after a VAR review. Algeria closed out the rest of the game to win their first title since 1990. Senegal’s players collapsed on the pitch in tears at the final whistle. Liverpool forward Sadio Mane, who…