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Some fuel importers in the country have alleged that the Dangote refinery sells a litre of petrol to international traders at N65 cheaper than the amount it gives the product to marketers in Nigeria. The Depot and Petroleum Product Marketers Association of Nigeria, Petroleum Products Retail Outlet Owners Association of Nigeria confirmed this in separate exclusive…
September 14, 2025
By Obinna Uballa Nepal’s new interim prime minister, Sushila Karki, on Sunday, vowed not to remain in office beyond six months, promising to respect the demands of youth-led protesters who forced her predecessor out of power. In her first public remarks since assuming office on Friday, the 73-year-old former chief justice said her administration would…
September 14, 2025
The Economic and Financial Crimes Commission, EFCC, has secured a court order to detain the Chief Executive Officer, CEO, of Sujimoto Luxury Construction Limited, Sijibomi Ogundele, over alleged N5.7billion unexecuted contract. Ogundele is facing investigation following his alleged failure to deliver 22 Smart Green School projects in Enugu State after his company was reportedly paid…
September 13, 2025
The Russia-Ukraine war is back on the agenda as ICE Brent futures jumped up to $67 per barrel after Ukrainian drones attacked Russia’s Primorsk port, a key Baltic Sea loading terminal for its crude and product flows. With the Trump administration strengthening its pressure on the EU and others to implement secondary sanctions on India…
September 13, 2025
By Obinna Uballa The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revoked the operating licence of the Oritsemeyin drilling rig, ordering it to cease operations after completing its ongoing well work, in one of the most far-reaching enforcement actions since the enactment of the Petroleum Industry Act (PIA) 2021. The decision, announced Friday in a…
September 13, 2025
By Obinna Uballa Calm returned to the streets of Nepal on Saturday after days of violent protests, as the country’s first female prime minister, former chief justice and anticorruption crusader Sushila Karki, assumed office as the head of an interim government, reports said. Authorities lifted curfews and eased restrictions in Kathmandu, though some sensitive areas…
September 13, 2025
By Abiola Olawale The Department of State Services (DSS) has again invited representatives from the Dangote Group and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) to a meeting over allegations of breaching a recently brokered peace agreement. It was gathered that the meeting has been scheduled to be held on Friday and…
September 12, 2025
By Obinna Uballa A suspect in the killing of conservative activist in the United States, Charlie Kirk is now in custody after allegedly confessing to his father that he carried out the shooting, CNN reported a while ago. According to CNN, the man’s father informed authorities of the confession and kept his son secured until…
September 12, 2025
Crude oil prices were on course to end the week with a decline, as the latest prediction of softening demand growth reinforced bearish moods among traders. The prediction came from the International Energy Agency, which said in its latest monthly oil report that it expected oil demand this year to grow by 750,000 barrels daily,…
September 12, 2025
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Some fuel importers in the country have alleged that the Dangote refinery sells a litre of petrol to international traders at N65 cheaper than the amount it gives the product to marketers in Nigeria. The Depot and Petroleum Product Marketers Association of Nigeria, Petroleum Products Retail Outlet Owners Association of Nigeria confirmed this in separate exclusive…
September 14, 2025
By Obinna Uballa Nepal’s new interim prime minister, Sushila Karki, on Sunday, vowed not to remain in office beyond six months, promising to respect the demands of youth-led protesters who forced her predecessor out of power. In her first public remarks since assuming office on Friday, the 73-year-old former chief justice said her administration would…
September 14, 2025
The Economic and Financial Crimes Commission, EFCC, has secured a court order to detain the Chief Executive Officer, CEO, of Sujimoto Luxury Construction Limited, Sijibomi Ogundele, over alleged N5.7billion unexecuted contract. Ogundele is facing investigation following his alleged failure to deliver 22 Smart Green School projects in Enugu State after his company was reportedly paid…
September 13, 2025
The Russia-Ukraine war is back on the agenda as ICE Brent futures jumped up to $67 per barrel after Ukrainian drones attacked Russia’s Primorsk port, a key Baltic Sea loading terminal for its crude and product flows. With the Trump administration strengthening its pressure on the EU and others to implement secondary sanctions on India…
September 13, 2025
By Obinna Uballa The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revoked the operating licence of the Oritsemeyin drilling rig, ordering it to cease operations after completing its ongoing well work, in one of the most far-reaching enforcement actions since the enactment of the Petroleum Industry Act (PIA) 2021. The decision, announced Friday in a…
September 13, 2025
By Obinna Uballa Calm returned to the streets of Nepal on Saturday after days of violent protests, as the country’s first female prime minister, former chief justice and anticorruption crusader Sushila Karki, assumed office as the head of an interim government, reports said. Authorities lifted curfews and eased restrictions in Kathmandu, though some sensitive areas…
September 13, 2025
By Abiola Olawale The Department of State Services (DSS) has again invited representatives from the Dangote Group and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) to a meeting over allegations of breaching a recently brokered peace agreement. It was gathered that the meeting has been scheduled to be held on Friday and…
September 12, 2025
By Obinna Uballa A suspect in the killing of conservative activist in the United States, Charlie Kirk is now in custody after allegedly confessing to his father that he carried out the shooting, CNN reported a while ago. According to CNN, the man’s father informed authorities of the confession and kept his son secured until…
September 12, 2025
Crude oil prices were on course to end the week with a decline, as the latest prediction of softening demand growth reinforced bearish moods among traders. The prediction came from the International Energy Agency, which said in its latest monthly oil report that it expected oil demand this year to grow by 750,000 barrels daily,…
September 12, 2025
