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Brace Up For Tough Times, Oshiomhole Tells Edo Residents

  Edo State Governor Adams Oshiomhole on Tuesday alerted residents to the financial challenges faced by the state due to the dwindling federal allocations, occasioned by crude oil theft in the Niger Delta and slump in the prices of crude oil in the international market. Oshiomole said the huge gap between the state’s revenue …

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ASUU, Students Protest Demolition Of Properties By Edo Govt

Academic Staff Union of Universities, University of Benin chapter, and students  on Tuesday protested the demolition of some buildings owned by the institution, including one which sheltered  its immediate past Vice Chancellor, Professor Osayuki Oshodin and others officials, , by agents of the Edo State Government. Several buildings located in the old GRA, …

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Brent Crude Crashes Below $50

Brent crude, Nigeria’s oil type, for the first time since May 2009 fell below $50 per barrel Wednesday morning due to reducing demands and glut in global supply. For February delivery, the Brent crude traded at $49.99 a barrel at around 7.55 a.m, before its slight ascension to $50-per-barrel mark. The benchmark has continued to hit …

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