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FG Reveals How Many Sim Cards That Can Be Linked To One NIN Number

The federal government has revealed that Nigerians can link up to seven SIM cards to one National Identification Number on the National Identity Management Commission Mobile App. This was disclosed on Friday, January 8, by the minister of Communications and Digital Economy, Dr Isa Pantami, Punch reports. He said: "You will be able to link up to seven SIM numbers to only one. I have already downloaded the app, launched the app, and already linked some of my numbers immediately. This is part of digitalisation." Pantami said the ministry, NIMC and telecommunication operators would review the entire NIN linkage to SIM cards by network users if fresh lockdown is imposed in the country. Meanwhile, he said enrolment for the National Identification Number (NIN) should not consume the time of the applicants. The minister made this known on Friday, January 8, during a programme on Channels TV, adding that the enrolment should not take more than five minutes. Pantami further stated

Oil prices rise on signs of tightening market



Oil prices rose on Tuesday, lifted by indications that supply is gradually tightening, especially in the United States.

Brent crude oil was up 40 cents at 52.06 dollars a barrel by 0715 GMT. United States light crude was 35 cents higher at $47.72.

Image result for crude oil

“U.S. crude oil stocks have been falling consistently in recent weeks,” said Fawad Razaqzada, market analyst at futures brokerage Forex.com.

“If the downtrend in oil inventories is maintained, then a bullish case can be made for oil, especially given the ongoing supply restrictions from OPEC and Russia,” Razaqzada said .

U.S. commercial crude inventories have fallen by almost 13 percent from their March peaks to 466.5 million barrels.

U.S. crude production has broken through 9.5 million barrels per day (bpd), its highest since July 2015, but analysts say growth may slow as U.S. energy firms cut the number of rigs drilling for new oil.

The Organisation of the Petroleum Exporting Countries and non-OPEC producers including Russia have pledged to hold back around 1.8 million bpd of output between January this year and March 2018 in order to tighten supplies and higher prices.

The weekly rollout of data on U.S. inventories starts later on Tuesday, giving the market a chance to see if the recent downward trend in U.S. crude stocks is continuing.

NAN



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