Oil prices rise above $60

Oil markets were firm on Monday, with Brent crude opening above $60 per barrel on expectations an OPEC-led production cut due to expire next March would be extended. Brent crude oil futures, the international benchmark for oil prices, were at $60.63 per barrel at 0018 GMT, up 19 cents or 0.3 per cent from their […]

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Sales of solar-powered tricycles launched in Nigerian market

A Nigerian company, Oldang International Limited, on Sunday launched the sales of solar-powered tricycles to enhance public transportation in the country. The company’s Chief Executive, Mr Olubunmi Oluwadare, said at the launch in Lagos that the solar- powered, fuel-less tricycle popularly called “keke” would gradually phase out petrol engine tricycles across the country. “Oldang Electric […]

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