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Global oil prices hit $69.16 after US airstrike

Global oil prices on Friday hit $69.16 per barrel, as the United States killed top Iranian General, which may brew conflict in the oil-rich Middle East nation. Prices jumped nearly $3, as the US conducted an airstrike at the Baghdad Airport initial on Friday, killing Major-General Qassem Soleimani, who was reportedly the architect of Iran’s spreading military influence …

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Building collapse: Experts seek asset in innovative construction

Experts in the built environment have said investment in innovative construction products will curb the incidence of building collapse in the country. They noted that with the recurrent cases of building collapse in the country and deadly portholes on the roads, it had become necessary to leverage innovative products that would extend the lifespan of …

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Construction works on 2nd Niger Bridge 28% complete – Julius Berger

Global construction giant, Julius Berger, has put the fraction of construction works so far completed on the Second Niger Bridge at approximately 28 per cent. It also released pictures showing how far work has progressed on the bridge that connects Delta and Anambra states. In a report dated November 15, 2019, on progress made at …

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Iran has discovered an oil field with a projected 53 billion barrels of crude, Rouhani says

Iranian President Hassan Rouhani has announced the discovery of a field covering an estimated 53 billion barrels of crude oil. A vast oil field containing an estimated 53 billion barrels of crude oil has been discovered in Iran, President Hassan Rouhani announced Sunday, a find that could boost the country’s battered economy amid stringent US sanctions. The oil …

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Nigeria promoting petrol for neighboring countries –Customs CG

Abuja The Comptroller-General of Customs, Hameed Ali, on Tuesday, said that the decision to suspend the source of petrol to communities at the border was taken to check the sneak in of the product. Ali said this at the 2020 budget defence before the House of Representatives Committee on Customs. The Customs boss said the …

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