— Akure Airport safe, no case of banditry – Police — We’ve arrested four suspected bandits – FAAN The Ondo State Police Command and the Federal Airports Authority of Nigeria (FAAN) have disagreed over the arrest of four bandits over the weekend at the Akure airport. The Commissioner of Police in the state, Adebowale Lawal, described the FAAN position as misleading. Lawal said there were no time bandits and that no suspected criminals were arrested by the airport’s Aviation Security (AVSEC). But FAAN had, through its Director of Public Affairs and Consumer Protection, Henry Agbebire, that the gunmen suspected to be bandits were arrested around the vicinity of the Akure Airport, with four of them arrested by AVSEC in collaboration with other security agencies. Agbebire, in a statement, said the bandits were apprehended following a distress alert about the movement of unknown persons around the airport perimeter. He added that a coordinated security operation involving aviation and local ...
Oil prices kept rising as markets opened Sunday, with both benchmarks higher as the war in the Middle East disrupts global supplies. At around 0015 GMT, the US benchmark West Texas Intermediate was up 0.01 percent at $98.72 a barrel, while the price of Brent, the international benchmark for oil, was up 0.6 percent to $103.76. On stock markets, South Korea’s Kospi attempted a cautious rebound and was up 1.3 percent in early trade in Asia, while Japan’s Nikkei was flat. With Gulf states slashing production and oil tankers stuck in the Gulf, oil prices have risen 40 to 50 percent since the United States and Israel first attacked Iran on February 28. Investors fear the higher costs will slow economic growth and stoke inflation. The Strait of Hormuz, which usually sees passage of 20 percent of global oil and gas exports, remains effectively shut. US Energy Secretary Chris Wright said Sunday that the closure was “short-term pain” causing higher prices, adding that the war could end “in the n...