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Lagos, March 27, 2026 – The Dangote Refinery and has reduced the gantry price of its petrol to ₦1,200 per litre and its coastal price at ₦1,153 per litre. The new gantry price represented a price decrease of ₦75 from the previous ₦1,275 per litre. Anthony Chiejina, the Chief Spokesman for the Dangote Group, disclosed this in a statement on Friday. The statement said the price adjustment represented a downward review in the refinery’s pricing template and it is expected to reshape fuel supply costs across Nigeria’s downstream distribution chain. …

Abuja, March. 27, 2026 – Ghana’s immediate-past President, H.E. Nana Akufo-Addo, is to head of the 120-member Economic Community of West African States (ECOWAS) Election Observation Mission (EOM) to the Republic of Benin’s Presidential election on April 12, 2026.  He is to supported by a technical team led by the ECOWAS Commissioner for Political Affairs, Peace and Security Ambassador Abdel-Fatau Musah, the Mission will observe all key aspects of the processes leading up to the election – campaigns, Election Day activities, and during the post-election period. The Observation Mission will …

Lagos, March 27, 2026 – Industry leaders, policymakers, financiers, and innovators have convened the inaugural Nigeria Transport & Logistics Summit (NTLS) 2026 to forge actionable strategies for building a faster, more connected Nigeria through transport, mobility, and logistics. It was hosted by Sterling Bank at Eko Hotel & Suites and held under the theme: “Funding the Engine of Growth.”  The summit positioned Nigeria’s transport and logistics sector as a critical, but under-leveraged driver of productivity, regional integration, and economic growth. Transport, mobility, and logistics collectively form the backbone of the …

Tokyo/Singapore, March 26, 2026 – Oil rose more than $1 per barrel on Thursday, ‌clawing back losses from the previous session, on concerns that protracted fighting in the Middle East will further disrupt energy flows. Brent futures rose $1.65, or 1.61%, to $103.87 a barrel by 0424 GMT, while U.S. West Texas Intermediate crude futures were ​up $1.49, or 1.65%, at $91.81 a barrel. Both benchmarks slumped more than 2% on Wednesday. Iran is still reviewing a U.S. proposal ​to end the war, but has no intention of holding talks to …

Washington, March 15, 2026 – The US has drafted a 15-point plan intended to help bring the war with Iran to a close, according to people familiar with the matter, highlighting the intensifying urgency within the Trump administration to resolve the conflict as the economic toll mounts. President Donald Trump has been pushing talks with Iran in a bid to halt the fighting. Yet those efforts have been clouded by uncertainty over the structure of negotiations, the Iranian participants and how any deal would be structured. The plan was delivered …

Bangkok, March 25, 2026 – A Thai oil tanker ​has safely passed through the Strait of Hormuz following diplomatic coordination between Thailand and Iran, and was not ‌required to pay to escape the blockade, a Thai official and the oil major that owns the vessel said on Wednesday. The Bangchak Corporation owned tanker crossed the strategic waterway on Monday after successful talks between Thai foreign minister Sihasak Phuangketkeow and Iran’s ​ambassador to Thailand. “I requested that if Thai ships need to pass through the strait, could they ​assist in ensuring safe …

Lagos, March 25, 2026 – The Centre for the Promotion of Private Enterprise (CPPE) has urged the government to reject the call for additional taxation on sugar-sweetened beverages [SSB] as canvassed by the Corporate Accountability and Public Participation Africa (CAPPA). The CPPE said this in a statement signed by Dr. Muda Yusuf, its Chief Executive, in Lagos on Tuesday. It said the proposal was ill-conceived, poorly timed, and inconsistent with the current administration’s tax reform agenda, which is anchored on reducing the burden of taxation on businesses, improving tax efficiency, …

Tehran, March 25, 2026 – Iran’s new Supreme Leader Mojtaba Khamenei has agreed to enter negotiations with the United States and pursue a potential deal, signalling a possible diplomatic opening amid the ongoing conflict, according to an Al Arabiya report citing Israeli media. The development comes as US President Donald Trump said Washington and Tehran held talks over the past day that resulted in what he described as “major points of agreement”. Speaking to reporters on Monday, Trump said discussions began on Sunday and were expected to continue, raising the …

March 25 (Reuters) – Oil prices fell ​around 4% on Wednesday on the prospect of a possible ceasefire easing supply disruptions from the key Middle East ‌producing region after reports the U.S. sent Iran a 15-point plan to end the war between them. Brent crude futures fell $4.89, or 4.7%, to $99.60 a barrel by 0335 GMT, after declining to as low as $97.57. U.S. West Texas Intermediate (WTI) crude futures were down $3.54, or 3.8%, at $88.81 a barrel, after falling to as low as $86.72. Both ​benchmarks rose …

Abuja, March 24, 2026 – The Bank of Industry (BOI) has signed a €50 million agreement with EIB Global, an arm of the European Investment Bank, to boost healthcare delivery in Nigeria. The deal is to support Nigeria’s efforts in  the manufacture of vaccines and pharmaceuticals products as well as reduce the country’s reliance on imported medical products.   Olasupo Olusi, the Managing Director of the Bank of Industry, announced the deal in Abuja on Monday during the Nigeria-EU Ministerial Summit. He described the partnership as a significant step toward …