Isaac Anyaogu

The Nigerian government's plan to sell crude priced in the local currency is faltering, with refiners, including the giant Dangote Oil Refinery, saying they are still unable to secure adequate supplies.

Nigeria's President Bola Tinubu will call for an immediate ceasefire and peaceful resolution of the Israel-Palestinian conflict when he attends the upcoming Arab-Islamic summit in the Saudi Arabian capital Riyadh, his office said on Saturday.

Nigeria's Dangote oil refinery has a stockpile of 500 million litres of petrol, its billionaire founder said, countering claims by marketers who asserted they needed to supplement Dangote's supplies with imports to meet fuel shortages.

Ghana could buy petroleum products from Nigeria's Dangote Oil Refinery once the facility is operating at full capacity, cutting more expensive exports from Europe, the head of the country's oil regulator said on Monday.

Nigeria's local fuel traders can now buy petrol directly from the Dangote Oil Refinery, ending state-oil firm NNPC's exclusive buying rights as the country moves to fully deregulate its processing sector, the finance minister said on Friday.

Nigeria's state-owned oil company, NNPC Ltd, has increased petrol prices by over 15%, marking the second hike in less than a month and the exit from a costly subsidy programme that has strained its finances.

A Nigerian presidential committee announced on Friday that state-owned oil company NNPC Limited will distribute gasoline from the 650,000 barrels-per-day Dangote Refinery to the local market, ending the deadlock that had stalled distribution.

Nigeria's Dangote Oil Refinery has begun processing gasoline after delays caused by recent crude shortages, an executive said on Monday.

Nigeria to start mpox vaccination on October 8

Nigeria on Thursday announced the signing of a memorandum of understanding with Boeing that will enhance Nigerian airlines' ability to lease new aircraft and get maintenance and technical support.