Brent crude rises $85 on surprise drawdown in US crude stockpiles

Brent crude, the benchmark for Nigeria’s crude oil, extended gains into a fourth session on Wednesday, sustained as industry data showed a surprise decline in US crude inventories and geopolitical tensions over the disappearance of a prominent Saudi journalist stoked supply worries. Data from US-based American Petroleum Institute (API) showed after Tuesday’s settlement US crude……

Fayose speaks on his EFCC ordeal

Former Ekiti governor, Ayo Fayose, has maintained his denial of all the allegations made against him by the Economic and Financial Crimes Commission (EFCC). His media aide, Lere Olayinka, in a statement on Wednesday, said Fayose had insisted that he be charged to court.“Today is his second day in EFCC custody and I can say…