expected

Verdict In Al-Bashir’s Corruption Trial Expected Saturday

December 14, 2019 8:32 am

A verdict in the corruption trial of Sudan’s ousted president Omar al-Bashir is expected to be delivered on Saturday.

The court in the capital of Khartoum heard final testimonies in the case on Nov. 16, including that of the government’s auditor.

After being overthrown during a military coup on April 11, al-Bashir was found to be in possession of large sums of local and foreign currency, as well as other assets, without legal justification.

While the former president admitted he had received 25 million dollars from Saudi Arabia’s Crown Prince Mohammed bin Salman, he pleaded not guilty to the charges.…

Oil Benchmark Lowered Over Expected Crude Glut - Zainab

Oil Benchmark Lowered Over Expected Crude Glut – Zainab

October 15, 2019 1:32 pm

•Defence, education, police lead in sectoral allocations
•Crude price slumps below $60 over US, China trade deal

The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has said the federal government adopted a lower oil benchmark price of $57 per barrel for the 2020 budget as against the $60 per barrel in the 2019 budget because of the expected oil glut in 2020, as well as the need to cushion against unexpected price shock.

Zainab, at a budget breakdown yesterday in Abuja, said there were strong indications of an oversupplied oil market in 2020, adding that all …

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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