Opec+ has agreed a further increase in output targets from August, the group said in a statement on Sunday, adding to global supply at a time when oil prices are falling due to the gradual reopening of the Strait of Hormuz for oil exports. The oil-producing group agreed during an online meeting to increase quotas […]
Opec+ approves further oil output increase as Hormuz exports start to recover Read More »
FILES: Minister of Budget and Economic Planning, Atiku Bagudu The Federal Executive Council (FEC) has approved the 2026-2028 medium-term expenditure framework (MTEF), outlining Nigeria’s economic outlook, revenue targets, and spending priorities for the next three years. Briefing journalists after the FEC meeting on Wednesday in Abuja, the Minister of Budget and National Planning, Atiku Bagudu,
FEC Approves 2026-2028 MTEF, Projects ₦34trn Revenue Read More »
The European Union has approved its latest sanctions package, the 18th since the full-scale Russian invasion of Ukraine over three years ago, including a key price cap on Russian oil exports. “We are striking at the heart of Russia’s war machine. Targeting its banking, energy and military-industrial sectors and including a new dynamic oil price
EU Approves New Russia Sanctions Package Including Key Oil Price Cap Read More »
October 08, (THEWILL) – The Federal Government has approved the 650,000 bpd Dangote Refinery as the exclusive supplier of jet fuel (Jet A1), for aircraft companies operating in the country. Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, who disclosed this on Tuesday, in an interview with Channels TV, said airline operators consented to
