Extension of Russia's Natural Gas Deal with Ukraine
Russian President Vladimir Putin has approved a plan to extend Moscow's current natural gas deal with Ukraine for another three months.
Russian authorities announced the extension Tuesday, just hours before a temporary pricing agreement reached late last year was set to expire.
The October 2014 deal required Ukraine to make monthly payments in advance of delivery, with Kyiv paying $365 per 1,000 cubic meters between January 2015 and March 31. Russian energy officials recently said Ukraine would pay $348 beginning April 1.
Nigeria's President-elect Buhari: Nation Has "Embraced Democracy"
Nigerian President-elect Muhammadu Buhari says his country has "embraced democracy" and put its one-party state behind it.
Mr. Buhari spoke Wednesday in Abuja, just hours after the electoral commission declared him the official winner of Saturday's presidential election, defeating incumbent Goodluck Jonathan by more than 2 million votes.
Mr. Buhari called Mr. Jonathan "a worthy opponent" and said he extends the "hand of fellowship" to the outgoing president.
President Jonathan's People's Democratic Party has ruled Nigeria since 1999.
Mr. Buhari, of the All Progressives Congress, is to be inaugurated May 29.
Nigeria's Electoral Commission chairman Attahiru Jega announced earlier Wednesday that Mr. Buhari had officially won the election, getting 15.4 million votes to Mr. Jonathan's 12.9 million.