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Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Saidu Mohammed, has stated that the country is moving towards ending fuel importation as ongoing reforms, such as deregulation, have brought stability. Mohammed revealed that the cumulative impact of deregulation of the downstream sector and other economic reforms, including foreign exchange harmonisation …

Nigeria Targets Zero Fuel Imports as ₦6 trillion Saved in 9 Months

Ghana and Zambia have agreed to allow visa-free travel for each other’s citizens, a move aimed at strengthening regional integration and easing cross-border movement. The announcement was made by Ghana’s Foreign Affairs Minister, Samuel Okudzeto Ablakwa, during President John Dramani Mahama’s official visit to Zambia. The three-day trip focuses on expanding diplomatic engagement, economic partnerships, …

Major opposition parties in Nigeria, including the Peoples Democratic Party (PDP), African Democratic Congress (ADC) and the New Nigerian Peoples Party (NNPP), have criticised the Senate over its rejection of mandatory electronic transmission of election results. The parties reacted to the Senate’s decision on Wednesday to reject an amendment to Clause 60(3) of the Electoral …

Nigerian senate

The Independent National Electoral Commission (INEC) has registered two additional political parties, raising the total number of registered political parties in Nigeria to 21. INEC Chairperson, Prof. Joash Amupitan, announced this on Thursday during the commission’s first regular consultative meeting with political parties for the year. He said the newly registered parties are the Democratic …

New INEC Chairman Vows to End Pre-election Litigations

The Dangote Petroleum Refinery has again clarified its operations following allegations that it was importing finished fuel into Nigeria. It dismissed reports claiming that it imports finished petroleum products (petrol, diesel, or aviation fuel), describing them as false and rooted in a misunderstanding of the standard refinery's operations. According to a statement released by the …

Dangote Refinery: Intrigue as Nigeria’s Petrol Imports from Malta Drops but Crude Purchase from U.S. Doubles

Minister of Foreign Affairs, Yusuf Tuggar, on Wednesday received Muhannad Halmouri, the Palestinian ambassador to Nigeria, during a courtesy visit to his office in Abuja. Kimiebi Ebienfa, spokesperson of the ministry, said in a statement that the meeting focused on strengthening bilateral relations between Nigeria and Palestine. According to the statement, the engagement formed part …

At least 162 people have died following a violent attack by gunmen in Woro village, Kwara State, one of Nigeria’s deadliest incidents in recent months. The assault occurred Tuesday evening shortly after military operations targeted terrorist groups in the area. Victims, mainly local Muslims, were reportedly targeted for resisting extremist ideology. Governor AbdulRahman AbdulRazaq, who …

Shell’s fourth-quarter net profit fell by 11% to $3.3 billion, missing analyst expectations of $3.5 billion, the lowest since early 2021, as weaker oil prices weighed on earnings. Losses in its chemicals and products unit were larger than expected, while integrated gas and marketing profits also lagged forecasts. Despite the shortfall, the company maintained its …

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