response
Oil prices slide in lockdown-driven rout
Oil prices dived Thursday on demand fears as more nations go into lockdown to staunch the spread of the coronavirus, while stock prices attempted a modest rebound. Both main oil contracts fell five percent for part of the day before clawing back some of their losses, extending this week’s meltdown to plumb four-month lows on virus-driven demand fears. “The new lockdowns have since yesterday caused a carnage in the oil market,” said Bjornar Tonhaugen, head of oil markets at Rystad Energy. “Oil demand will lose ground as a result of the new lockdowns… Prices now naturally decline on this grim prospect,” he added. The drop in oil prices will increase the pain on oil companies. Exxon Mobil announced Thursday it was eliminating 1,900 US jobs as part of a cost-cutting drive necessitated in part ...
I’ll beat coronavirus – Lagos commissioner
Lagos Commissioner for Health, Akin Abayomi, says he is responding positively to treatment after testing positive for COVID-19. The state Commissioner for Information and Strategy, Gbenga Omotoso, had in a statement on Monday disclosed Abayomi’s COVID-19 status. Abayomi, in a message posted on his Twitter account, @ProfAkinAbayomi, said that he remains committed to discharging his duties to the state, while expressing optimism that he will beat the virus. “With utmost sense of responsibility, I am obliged to make it known to the general public that I have tested positive to #COVID-19. “Consequently, I have proceeded on 14 days self-isolation and treatment at home. “Nevertheless, I remain committed to continuing to discharge my duties as the Commissioner for Health and Deputy Incident Comma...
Goodluck Jonathan: Coronavirus could give rise to dictators
YouTube Former President Goodluck Jonathan, Friday advised Africans to be careful the way they handle coronavirus pandemic, noting that the virus could give rise to dictators. Disclosing this while speaking during a webinar organised by the Kofi Annan Foundation, Jonathan said: “This is the time that many continental bodies must come up with their own minimum standards for any country going into election to operate. “Otherwise people who ordinarily would have loved to be dictators will now exploit the problem of the COVID-19 pandemic and do what is not in line with the laws of the land.” Speaking further, Jonathan mentioned one positive thing’ in Nigeria’s COVID-19 response. According to him, “In Nigeria, I have seen one thing about the management of the COVID-19 which is also positive,” h...
