Nigeria’s fuel market is facing renewed pressure as the Dangote Petroleum Refinery has increased the gantry prices of petrol and diesel, a move that is likely to ripple across the economy in the coming days. According to sources within the refinery, the latest adjustment reflects ongoing shifts in global crude oil prices and broader market…
The United States is taking a major step toward regulating digital finance with the introduction of new stablecoin rules under the GENIUS Act. In a joint move, the Financial Crimes Enforcement Network and the Office of Foreign Assets Control have proposed fresh guidelines aimed at shaping how payment stablecoins operate within the financial system. The…
Nigeria’s political landscape witnessed a dramatic moment in Abuja as top opposition figures rallied under the banner of the African Democratic Congress to protest against the Independent National Electoral Commission over its stance on the party’s leadership crisis. The demonstration, widely known as #OccupyINEC, drew a powerful lineup of political heavyweights, including Atiku Abubakar, Peter…
An explosion has struck a key oil facility on Lavan Island, raising fresh concerns as tensions in the region remain high. According to the National Iranian Oil Refining and Distribution Company, the incident occurred at a refinery on the island following what was described as an “enemy attack.” The blast reportedly happened around mid-morning, prompting…
