Friday, 13 March 2020

BREAKING: Oil prices jump almost 4%, reversing early losses

Oil prices jumped almost four percent in Asian afternoon trade Friday, reversing earlier losses sparked by the Saudi-Russia

price war and fears about the economic impact of the coronavirus pandemic.

West Texas Intermediate was up 3.9 percent at nearly $33 a barrel while Brent crude rose 3.7 percent to more than $34 a barrel after the US military launched airstrikes in crude-rich Iraq. Both contracts had fallen more than two percent in early trade.

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Labourer dies in Lagos church soakaway

A labourer identified simply as Dogo has died after falling into a septic tank belonging to a church in Badore, Ajah area of Lagos State.