Oil Price Falls By Two Percent

LAGOS APRIL 3RD (NEWSRANGERS)- Oil fell by more than 2 percent on Monday, pressured by a rise in Russian production, expectations that Saudi Arabia will cut prices of the crude it sends to Asia and a deepening trade spat between China and the United States. Brent crude fell $1.70, or 2.5 percent, to settle at…

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Free Gift? China Offers $32m Grant For ECOWAS New HQTRS In Abuja

LAGOS MARCH 28TH (NEWSRANGERS)-China raised eyebrows this month by announcing it will give the Economic Community of West African States (ECOWAS) a $31.6 million grant to build a new headquarters in Abuja, Nigeria. Accepting the grant, the president of ECOWAS, Jean-Claude Brou, thanked China and confirmed the organization’s commitment to promoting future ECOWAS-China cooperation. A…

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