NEWS

OPEC says a $10 trillion investment is needed to prevent a massive spike in oil prices

OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs. The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past. On the one hand, OPEC does not see oil prices returning to triple-digit territory within the next 25 years, a strikingly bearish conclusion. The group expects oil prices to rise by an average of about $5 per year over the course of this decade, only reaching $80 per barrel in 202

NEWS

Pres. Buhari to Ban Hijab

President Muhammadu Buhari says there is a possibility that his administration will ban the wearing of hijab in public places, in view of its widespread use in suicide bombing. Buhari said this on Wednesday while responding to a question on the Islamic apparel during his inaugural presidential media chat. More to follow…

NEWS

See what Reuters said about Nigeria

An article in Reuters by John Cohen detailing pervasive corruption in Ukraine was titled: Corruption In Ukraine Is So Bad, A Nigerian Prince Would Be Embarrassed.' Lol. Imagine. The article goes on to explain just how corrupt Ukraine is. "When it comes to Ukrainian corruption, the numbers speak for themselves. Over $12 billion per year disappears from the Ukrainian budget, according to an adviser to Ukraine’s National Anti-Corruption Bureau. And in its most recent review of global graft, anti-corruption watchdog Transparency International ranked Ukraine 142 out of 174 c