NEWS

Oil Prices Climbes To $51 Per Barrel

Published

8 years ago

August 19, 2016

Oil prices climbed to $51 per barrel on Friday, as Mohammad Barkindo, secretary-general of the Organisation of Petroleum Exporting Countries (OPEC), met envoys from Iran and Morocco over oil market stability and COP 22 climate change.

Reza Najafi, ambassador of the Islamic Republic of Iran to the United Nations and other international organizations, met with Barkindo to express Iran’s support in maintaining a steady oil market through both challenging times as well as during periods of prosperity.

Oil prices rallied at an eight-week old of $51 for Brent crude, and $48 per barrel for West Texas Intermediate (WTI).

Ali El Mhamdi, Morocco’s ambassador/permanent representative in Vienna, Austria, also visited Barkindo, promising his country’s support for OPEC and Barkindo’s leadership.

“I feel that OPEC is in the best of hands. We are facing challenging times and we need experience and a high profile, both of which you have,” he said.

El-Mhamdi said that apart from wanting to wish Barkindo well in his new responsibilities, his visit was also in connection with the upcoming Conference of the Parties (COP 22) meeting to be held in Morocco between November 7 and 18, 2016.

“It is a tremendous event for us and I have been instructed by my government to conduct an outreach campaign for OPEC as I know already that the Organization will again be involved in the talks,” he affirmed.

“My request is for the Organization to be as visible as possible and I ask that OPEC’s participation be the best possible. It is great for my country to be able to extend this invitation.”

Barkindo pointed out that the climate change meetings were a priority for OPEC since the Organization had been involved in the negotiations since the establishment of the Intergovernmental Negotiating Committee by the UN general assembly in 1991.

He said this committee negotiated the UN Framework Convention on Climate Change (UNFCCC), which was adopted at the Rio Earth Summit in 1992.

The Treaty entered into force in March 1994 and was presented to the first Conference of the Parties (COP1) meeting in Berlin, in 1995.

“The convention was the bible of our negotiations,” commented Barkindo, adding that it led to the Kyoto Protocol, which was adopted in Kyoto, Japan, in December 1997 and entered into force in February 2005.

“All this was made possible because of the active and constructive participation of all developing countries and OPEC,” he maintained.

Barkindo pointed out that he had been vice president at COP 1 in Berlin, working alongside former research scientist Angela Merkel, the current German chancellor.

“I actually attended and negotiated as Vice President on several occasions from COP 1 in Berlin to COP 15 in Copenhagen. So you can see that these negotiations are very personal to me.

“I know the position of Morocco very well and it is similar to most developing countries and OPEC. We intend to continue with this tradition in Marrakesh.

“Our experts and officials will have a meeting room there and they will convene meetings for OPEC Member Countries and other developing states. It is very important for the OPEC Secretariat to be in Marrakesh and I personally look forward to attending the high-level segment.

“All OPEC delegates will be supportive of the efforts of the Moroccan Presidency at COP 22.”

Source: www.thecable.ng

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Enugu State Governor Names Street After Viral Musician, Gentleman Mike Ejeagha

Published

1 day ago

September 6, 2024

Reporter

Enugu State governor names street after Mike Ejeagha | fab.ng

People often hailed Gentleman Mike Ejeagha as the grandfather of Igbo folk music. He has remained an iconic figure in Nigerian music for over six decades. His influence in the genre is unparalleled, and his timeless work continues to resonate with audiences today.

Recently, his 1983 classic, “Ka Esi Le Onye Isi Oche“, experienced a resurgence in popularity when comedian and skit maker Brain Jotter featured it in a viral video. This newfound fame has brought Ejeagha’s work to the attention of a younger generation. Recognizing his immense contributions to music and culture, the Enugu State government honoured the 90-year-old musician by naming a street after him.

On September 2, 2024, Governor Peter Mbah of Enugu State inaugurated several newly constructed roads. One of these roads was renamed Abakpa Road in honour of Gentleman Mike Ejeagha.

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A post shared by African Folder (@africanfolder)

Enugu State officials honoured the legendary musician, Gentleman Mike Ejeagha.

The legendary musician hails from Imezi Owa in the Eziagu Local Government Area, for his lasting impact on Igbo folk music and culture. The governor made a special visit to Ejeagha’s residence. Emma Ejeagha and Elizabeth Ugwu warmly welcomed the governor upon his arrival at their father’s residence. They are both the children of the renowned musician. They expressed their gratitude to the governor for fulfilling promises made by previous administrations to honour their father’s legacy.

At the street commissioning ceremony, Governor Mbah delighted residents by joining them in the viral “Gwo gwo gwo ngwo” dance steps.

The viral success of “Ka Esi Le Onye Isi Oche” was sparked by Brain Jotter‘s Instagram video on July 5, 2024. This has rekindled widespread interest in Gentleman Mike Ejeagha’s life and career. The song features a clever folklore tale about the cunning tortoise (Mbe) and the mighty elephant (Enyi). This is one of the highlife legend’s most notable works.

Listeners cherish Ejeagha’s music for its incorporation of moral teachings, a wealth of proverbs, and insightful social commentary. Yet, they remain an integral part of Nigerian musical heritage, speaking to generations past and present.

NEWS

Ayra Starr Expresses Sentiments Over Murder Of Christiana Idowu

Published

2 days ago

September 5, 2024

Reporter

Ayra Starr expresses anger over murder of student | fab.ng

Nigerian singer Ayra Starr has expressed her outrage over the abduction and murder of Christiana Idowu by Adeleye Ayomide. Christiana is a 300-level student at the Federal University of Agriculture, Abeokuta, Ogun State.

On September 5, 2024, Ayra Starr took to X, passionately calling for better treatment of women in society and demanding justice for the slain student. Her message emphasized the need for immediate action to address violence against women and ensure that the perpetrators are held accountable.

She wrote, “Stop killing us! Stop raping us! Women deserve better #JusticeForChristianah.”

Stop killing us ! Stop raping us ! Women deserve better #JusticeForChristianah

— Celestial being (@ayrastarr) September 5, 2024

The 300-level student from the Federal University of Agriculture, Abeokuta, Ogun State, Christiana Idowu, was abducted along the Ikorodu-Yaba Road in August 2024.

Christiana Idowu

The kidnappers contacted her parents using her WhatsApp account. This prompted her parents to report her missing on August 19, 2024. They sent pictures of Christiana in captivity through WhatsApp’s “view once” feature, demanding ₦1.5 million in ransom. Her parents managed to raise ₦350,000, which they transferred to a betting account as instructed by the kidnappers.

After receiving the money, the kidnappers asked for a copy of the sender’s bank statement. On August 23, Christiana’s family complied, but the kidnappers cut off all contact shortly after. Investigators traced some of the ransom money to Christiana’s GTB account. Then, someone transferred this money to a Wema Bank account. The account belonged to Adeleye Ayomide, a 200-level student at Olabisi Onabanjo University (OOU). Investigators identified Ayomide as the primary suspect.

Adeleye Ayomide, the primary suspect.

On September 3, 2024, police arrested Ayomide, who confessed to killing Christiana and burying her body at his family home.

Get more news updates here.

MUSIC

Fireboy’s “Peru” Gets Diamond Certification In France

Published

2 days ago

September 5, 2024

Reporter

'Peru' diamond certification in France | fab.ng

Fireboy‘s “Peru,” released in 2021, quickly became a global sensation, securing a diamond certification in France. The song charted in several countries, including the US, UK, and France. The Afrobeats rhythmic song resonated with audiences worldwide, earning it a commercial success across multiple regions.

Significantly, the song secured the highest certification for a song in France. The remix features British superstar Ed Sheeran, who played a crucial role in propelling the track to international stardom. This version of “Peru” not only charted in over 20 countries but also made a showing on the Billboard Hot 100. It peaked at No. 53. In the UK, it soared to No. 2 on the Official Singles Chart. Again in France, it reached No. 28, solidifying its status as a global hit.

The success of “Peru” extends beyond just chart performance.

Across both the original and remix versions, the track has amassed over 450 million streams on Spotify alone. It has been awarded a gold plaque in Denmark and achieved double platinum status in the UK. Notably, “Peru” is one of the select Afrobeats songs to earn a platinum certification from the RIAA, further cementing its place in the genre’s history.

Fireboy DML’s “Peru” featuring Ed Sheeran is now certified Diamond in France 🇫🇷 pic.twitter.com/o3Wm75zJS6

— Unorthodox Reviews (@OfficialBlog_UR) September 2, 2024

Featured on Fireboy’s third album, “Playboy”, “Peru” catapulted him to international fame. This success earned him a BET nomination and a coveted performance slot at the 2022 edition of the awards. Fireboy’s ability to fuse Afrobeats with global appeal has established him as one of Nigeria’s leading musical exports.

With its recent diamond certification in France, “Peru” joins the ranks of other Nigerian hits.

This includes Oxlade’s “Kulosa,” Ayra Starr’s “Rush,” Burna Boy’s “Last Last,” and Rema’s “Calm Down,” all of which have received SNEP diamond certification.

Building on this momentum, Fireboy continues his global ascent with the release of his fourth album, “Adedamola”. The project features collaborations with prominent artists such as Lagbaja, Grammy nominee Seun Kuti, Lojay, and Grammy Album of the Year winner Jon Batiste, showcasing his ever-expanding influence in the music industry.