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Tag: Sanctions

Crude oil prices hit $83.27 per barrel as Iran sanctions loom

October 1, 2018Ayo Olowo

Brent crude oil prices hit their highest level since November 2014 on Monday ahead of U.S. sanctions against Iran that kick in next month. Brent sweet crude oil futures rose to as much as 83.27 dollars a barrel. U.S. West Texas Intermediate (WTI) crude futures were at 73.57 dollars a barrel. Brent was pushed up […]

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NBC considering imposing higher sanction on Ekiti Broadcasting Service

July 18, 2018Eben Tanimola

The National Broadcasting Commission (NBC) says it will impose a higher sanction on the Ekiti State Broadcasting Service (EBS) if it fails to pay N500,000 fine within the stipulated period. The NBC Head of Public Affairs, Mrs Maimuna Jimada, made the disclosure in a telephone interview with the News Agency of Nigeria (NAN). “Time frame […]

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ZTE petitions US government to lift sanctions

May 7, 2018May 7, 2018Eben Tanimola

Chinese telecom giant ZTE has asked the US government to lift a ban on sales to the company, which threatens its survival and has added to trade tensions between Washington and Beijing. The telecom equipment and handset maker said in a filing Sunday that it had submitted a request to the commerce department for a […]

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Boko Haram battle police in Kano

U.S. imposes new sanctions on Boko Haram, leader

February 28, 2018Eben Tanimola

The government of the United States has imposed new sanctions on the terror group, Boko Haram, and its factional leader, Mus’ab al-Barnawi and the Islamic State and its affiliate networks around the world. The U.S. department added Boko Haram, also known as ISIS-West Africa, to the sanction list for global terrorism. Mr. al-Barnawi and Mahad […]

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