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Africa: Fuel Prices Drop Across Africa As Oil Slumps On Trump Tariffs
[Daba Finance] TLDR
Nigeria: ‘Petroleum Ministry Representative’s Appointment Violates PIA Provision’ – NNPC Board
[Leadership] The appointment of a level 14 officer from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to represent the Ministry of Petroleum Resources on the board of the Nigerian National Petroleum Company Limited (NNPC Ltd) has been described a violation of the provision of the Petroleum Industry Act (PIA) 2021.
Nigeria: NNPC Ships Out First Crude Cargo On Delta Tanker to Europe
[This Day] The Nigerian National Petroleum Company Limited (NNPC) has clinched another breakthrough export deal by shipping out its own cargo to a customer in Europe, THISDAY learnt at the weekend.
Nigeria: Dangote Vows to Make Nigeria Self-Sufficient in Cement, Petroleum, Agriculture
[Vanguard] Dangote Industries Ltd. has reaffirmed its commitment to making Nigeria self-sufficient in key sectors such as cement production, agriculture, mining, and petroleum refining.
Nigeria: U.S. Tariff Imposition May Disrupt Nigeria’s Non-Oil Exports – Minister
[Vanguard] The Federal Government has said that the 14 percent reciprocal tariffs imposed on Nigeria by US President, Donald Trump, has the potential of adversely impacting on Nigeria's oil and non-oil exports.
Nigeria: NNPC Secures New Export Deal to Drive Growth
[Leadership] Nigerian National Petroleum Company Limited (NNPCL) has secured another breakthrough export deal by shipping out its own cargo to a customer.
Nigeria: U.S. Tariff Imposition May Disrupt Nigeria’s Non-Oil Exports – Govt
[Daily Trust] The Federal Government of Nigeria has finally responded to the recent imposition of a 14% tariff on Nigerian exports by the United States by stating its commitment to mitigating the impact while accelerating economic diversification.
Nigeria: Introducing NNPC’s Group CEO
[Premium Times] Mr Ojulari was, until his new appointment, the executive vice president and chief operating officer of Renaissance Africa Energy Company.
Somalia: Somali Cabinet Discusses Military Operations Against Al-Shabaab, Oil Exploration Progress
[Shabelle] Mogadishu, Somalia -- The Cabinet of the Federal Government of Somalia held its regular meeting today, focusing on the ongoing military operations to eradicate terrorist groups operating in various regions of the country.
Nigeria: Delay to Extend Naira-for-Crude Policy Threatens Fuel Prices, Inflation
[Leadership] The Nigerian government's failure to extend the naira-for-crude policy for local refineries, including Dangote Refinery, has raised concerns over imminent fuel price hikes and a resurgence of inflationary pressures.