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Finance & Economy - Page 265

President Tinubu
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Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

President Tinubu has nominated new chief executives for Nigeria’s petroleum regulatory agencies following the resignation of the heads of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), developments that come amid intense controversy
December 18, 2025
Senate President Ahmad Lawan
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Senate Begs Nigerian Workers To Shelve Fuel Subsidy Protests

Senate President Ahmad Lawan has begged the Nigeria Labour Congress (NLC), and the Trade Union Congress (TUC) to terminate planned protests against Federal Government’s plan to end the controversial fuel  subsidy regime. Lawan described the planned nationwide protest as “totally unnecessary,” saying
January 25, 2022
Dangote

Dangote Oil Refinery To Start Processing 540,000bpd In Q3

Dangote Industries Limited has disclosed that its oil refinery will start processing crude in the third quarter of this year. Speaking on the plan, President, Dangote Industries, Aliko Dangote, said the plant would start with a processing capacity of 540,000 barrels per
January 24, 2022
Muda Yusuf

Nigeria: How To Halt High Inflation, Pressure

Nigeria’s eight-month steady deceleration in headline inflation ended with the marginal spike in the December 2021 numbers, from 15.4% in November 2021 to 15.63%, according to the National Bureau of Statistics (NBS). Economist and Chief Executive of the Centre for the Promotion
January 18, 2022
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