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Fuel Subsidies

Malaysia’s Mahatir blames ex-premier for $251.7bn debt

Malaysian Prime Minister Mahathir Mohamad on Monday, blamed previous government led by former protege Najib Razak for the one trillion ringgit (251.70 billion dollars) in debt.

Lai Mohammed: Why President Buhari is best for Nigeria

The Minister of Information and Culture, Lai Mohammed, has said with President Muhammadu Buhari piloting the affairs of Nigeria, the country is in very safe and competent hands, hence there is no cause for alarm.

Sudan’s deputy opposition leader arrested following ant-govt protest

Sudanese security agents have arrested the deputy head of the country’s main opposition Umma Party after it held anti-government rallies to protest rising food prices, the party said on Friday.

Sudan seizes newspapers after bread price rise criticism

Sudanese security agents on Sunday seized all copies of six newspapers after they criticised the government over soaring bread prices that have almost doubled this week, editors said.

Supreme Court to decide Yanaty Petrochemical’s N1.8bn subsidy fraud appeal December 15

The Supreme Court has reserved ruling till December 15, 2017 on whether or not the Economic and Financial Crimes Commission, EFCC, should continue investigation on Yanaty Petrochemical Limited over an alleged N1.8billion petroleum subsidy fraud.

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Donald Trump threatens 20% tariff on all European cars

Donald Trump has threatened a 20% tariff on all European cars if the EU does not remove trade barriers introduced on Friday.

Rice farmers laud federal government’s plans to close border to stem rice imports

The Rice Farmers Association of Nigeria (RIFAN), on Friday, commended Federal Government for its plans to close Nigeria’s border with a neighbouring country to stop rice importation through the land borders.

Sales assistant disappears with employer’s N3 million jerseys

A 20-year-old sales assistant, Nnamdi Mbanefo, was on Friday brought before an Ebute Meta Chief Magistrates’ Court for allegedly stealing his employer’s jerseys valued at N3 million.
An OPEC branded flag sits on a table ahead of the 169th Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria. | Akos Stiller | Bloomberg via Getty Images

OPEC agrees ouput rise of ‘about’ 1 million barrels

OPEC members have agreed on a combined increase in crude oil output of one million barrels per day, the oil minister of the cartel's kingpin Saudi Arabia said Friday.

NDDC urges public to disregard ‘malicious’ campaign

The Niger Delta Development Commission (NDDC) has called on the public to disregard a statement credited to an unnamed Non-Governmental Organisation over some of the commission’s projects.