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What to Know About the Jerusalem Embassy Opening and the Palestinian Protests

The U.S. officially opened its embassy in Jerusalem on Monday with a celebratory inauguration ceremony attended by President Donald Trump’s daughter Ivanka, the President’s son-in-law Jared Kushner and several Republican members of Congress and the Trump administration. But 70 miles away in Gaza, at least 52 Palestinians were killed in clashes with Israeli troops in the most violent clashes at the border of the Palestinian territory in years — the result of fury over Trump’s formal recognition of Jerusalem as Israel’s capital city, as well as anger stretching back 70…

Iskra Lawrence shows off her cleavage as she goes braless in a mint keyhole blouse at Cannes Film Festival

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She has secured her place on the Cannes red carpet as well as a string of invitations to the hottest parties after her body confidence messages made her stand out. And Iskra Lawrence, 27, ensured she didn’t go unnoticed when she made a grand exit from her hotel in Cannes, France during the annual film festival on Monday. The curvy model’s cleavage threatened to spill out of the hazardous keyhole neckline of her silk blouse, which featured a more demure neckline for a touch of elegance. As part of a…

Atiku Abubakar promises to privatise NNPC, liberalise oil and mineral sectors if elected

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Atiku Abubakar says he will privatise NNPC, liberalise oil and mineral sectors if elected Nigeria’s former vice president Atiku Abubakar will privatise parts of the country’s state oil company and allow the naira currency to float to attract foreign investment if elected as head of state, he told Reuters. Abubakar also confirmed that he intends to run in next year’s presidential election, becoming the biggest opposition heavyweight to say he will take on Muhammadu Buhari. He said that as vice president in the PDP administration from 1999-2007, he implemented a…

Bonga oilfield has produced 763mn barrels of oil since 2005 – Shell

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Shell Nigeria Exploration and Production Company (SNEPCo) yesterday disclosed that it has delivered a total of 763 million barrels of oil from the Bonga field between first production in 2005 and 2017, Leadership reports. In addition, the company said it is expanding the field with further drilling of wells in Bonga Phases 2 and 3 and through a subsea tie-back that unlocked the nearby Bonga North West field in August 2014. A statement signed by the company’s spokesperson, Bamidele Odugbesan quoted SNEPCo managing director, Bayo Ojulari, as saying that the…

White House Denies report that President Trump wants U.S. troop drawdown in South Korea

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The White House is denying a published report that President Donald Trump is seeking options to reduce the U.S. troop presence on the Korean peninsula.The New York Times reported Friday that Trump ordered the Pentagon to prepare options for drawing down U.S. troops in South Korea, just weeks before he meets with North Korea’s Kim Jong Un. Trump has expressed frustration that South Korea does not contribute enough to fund U.S. forces that bolster its defenses. National security adviser John Bolton said Friday that Trump “has not asked the Pentagon…

Palestinian leader apologizes for speech condemned as anti-Semitic

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Palestinian Authority President Mahmoud Abbas has apologized for remarks in a recent speech that were widely condemned anti-Semitic. In a statement released by his office, Abbas said he did not intend to cause offense in a speech to the Palestinian National Council on Monday, in which he claimed the Holocaust was driven not by anti-Semitism but by a reaction to the financial activities of European Jews. In his speech, citing books written by what he described as Zionist Jewish authors, Abbas also re-aired a discredited theory that Ashkenazi Jews hail…

Nigeria have talented fearless youngsters, Say’s Joseph Yobo

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Joseph Yobo has urged Nigeria to focus on their first game rather than dream of the 2018 FIFA World Cup Russia™ Final, and backed them to hold their own against Argentina. The Super Eagles begin their Group D campaign against Croatia in Kaliningrad, before taking on Iceland and then Lionel Messi and Co. “It should be one game at a time,” Nigeria’s joint-most-capped player (101 appearances), who played at Korea/Japan 2002, South Africa 2010 and Brazil 2014 before retiring, told News Agency of Nigeria. “You don’t go to the World…

Oando PLC Announces First Quarter, 2018 Results, Posts N4.2 Billion Profit-After-Tax

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Indigenious oil company, Oando PLC has registered yet another win with the publication of N4.2 billion profit-after-tax (PAT) in its Q1 2018 results, despite the ongoing SEC-led forensic audit into the affairs of the firm. Oando has cashed into the favourable micro and macro business environment characterised by an increase in national oil production, exchange rate stability, as well as an increase in global oil prices which averaged $66 per barrel in the first quarter of the year, $3 more than the projected average of $63 for 2018 and 2019….

U.S. govt spends $4.6 billion in 14 years on HIV/AIDS in Nigeria

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US President Emergency Plan For AIDS Relief (PEPFAR) has spent about $4.7billion in the past 14 years to fight HIV/AIDS in Nigeria. The Country Director, US Public Health Service, Mahesh Swaminathan, stated this on Thursday at a press conference attended by Nigerian officials on the forthcoming Nigeria Aids Indicators and Impact Survey (NAIIS) in Abuja. NAIIS is a national household survey to be conducted by the Nigerian government with support from PEPFAR and other partners. The survey, which will begin in June, will last for about six months and cover…

Moody’s Investors Services upgraded Moscow-based multilateral development bank to A3 with stable outlook

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Moody’s Investors Services upgraded Moscow-based multilateral development bank International Investment Bank (IIB) long-term rating to A3 with a stable outlook on April 30, the bank said in a statement. “The main drivers for the rating upgrade are IIB’s improvement in asset quality, more robust risk management systems, an increasingly diversified loan book and funding strategy and the strengthened credit quality of its treasury portfolio,” Moody’s said in a press release. Moody’s said that IIB’s new medium-term strategy will likely maintain these improved credit features, including the Bank’s ability to contain…