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Yemisi Lanre-Idowu

Tinubu Nominates New Petroleum Regulators’ CEOs As Farouk Ahmed, Komolafe Exit Office

Farouk Ahmed has resigned as the Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) amid corruption allegations levelled against him by...

Miners Association Of Nigeria Warns Against Mining Suspension

The Miners Association of Nigeria (MAN), the umbrella body for all mineral title holders in the country, has rejected the proposal by the Northern...

Transparent, Innovative Markets Are Essential To Nigeria’s Growth – Udoma, Others At Pearl@30

Sen. Udoma Udo Udoma, Chairman of Seplat Energy Plc, has highlighted the vital role of a transparent, innovative, and investor-friendly capital market in accelerating...

FG Suspends Planned 15% Import Duty On Petrol

The Federal Government has suspended the planned 15 per cent import duty on petrol and diesel, which was earlier scheduled to take effect on...

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Guinea Moves To Become West Africa’s Gold Refining Hub With New Export Ban

Guinea is stepping up efforts to become a leading gold refining hub in West Africa as it seeks to process more of its precious metals locally instead of exporting raw gold abroad. Mines Minister Bouna Sylla said the country has built one of Africa’s largest gold refineries, with...

IMF Says Malawi Loan Programme Depends On Government’s Reform Commitment

The International Monetary Fund (IMF) says it is prepared to move quickly on a new credit programme for Malawi but has stressed that any financial support will depend on the government’s commitment to implementing key economic reforms. IMF Resident Representative Nelnan Koumtingue said discussions with Malawian authorities are...

FCCPC Warns Fuel Marketers Against Exploiting As Global Oil Prices Fall

The Federal Competition and Consumer Protection Commission (FCCPC) has warned operators in Nigeria’s downstream petroleum sector against exploiting consumers by failing to reflect the significant decline in global crude oil prices in retail fuel prices. As of the time of filing this report, global benchmark Brent crude was...