April 13, 2026/United Capital Update Global Markets United States Recent data from the United States points to early signs of labour market softening, as initial jobless claims rose slightly to 219,000, indicating a modest increase in unemployment filings while overall labour market conditions remain relatively resilient. Meanwhile, minutes from the […]
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World Bank Advice Risks Dragging Nigeria Back into Fuel Import Trap, Violates Petroleum Law — Energy Experts Warn
April 13, 2026/Dangote Group Energy experts have criticised recent recommendations by the World Bank urging Nigeria to deepen fuel importation and fully liberalise its downstream petroleum sector, warning that the advice is ill‑timed, economically regressive and in direct violation of the Petroleum Industry Act (PIA). An energy economist and professor, […]
Dangote Refinery Powers Historic Shift as Nigeria Emerges Net Petrol Exporter, Earns Fresh Forex
April 13, 2026/Dangote Group Dangote Petroleum Refinery & Petrochemicals has recorded a major milestone in Nigeria’s energy history, exporting 44,000 barrels per day (b/d) of gasoline in March 2026, an achievement that has positioned Nigeria as a net exporter of petrol for the first time ever, with a surplus of […]
