DANGOTE REFINERY TO SUPPLY 60 MILLION LITRES OF PETROL WEEKLY TO IPMAN TO BOOST CRUDE IMPORTS. (PHOTO).

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 Dangote Refinery To Supply 60 Million Litres Of Petrol Weekly To IPMAN To Boost Crude Imports The Dangote Petroleum Refinery has reached an agreement to supply 60 million litres of Premium Motor Spirit (PMS) to the Independent Petroleum Marketers Association of Nigeria (IPMAN) on a weekly basis, which translates to 240 million litres per month. This comes as the $20bn Lekki-based refinery seeks to raise billions of dollars to import crude oil and increase production to reach its full capacity of 650,000 barrels per day. IPMAN National Publicity Secretary, Chinedu Ukadike, confirmed that the association is finalizing discussions with Dangote and expects to start lifting PMS from the refinery before the end of November. The agreement has already led to a drop in petrol prices by N10 to N15 due to increased competition in the downstream sector following deregulation. In the past 42 days, the Nigerian National Petroleum Company Limited (NNPC) and other marketers have imported over two bil

EGYPT HOSTS HAMAS TO REVIVE GAZA CEASEFIRE TALKS. (PHOTO). #PRESS RELEASE


 Egypt hosts Hamas to revive Gaza ceasefire talks


An Egyptian security delegation met with a delegation of Hamas leaders in Cairo as part of efforts to resume the Gaza ceasefire negotiations, Egypt's state-affiliated Al Qahera News TV said on Thursday, citing an unnamed official source, Reuters reported.


Egypt and Qatar have acted as mediators between Israel and Hamas in months of talks that broke down in August without an agreement to end fighting that began when the Palestinian group launched attacks on southern Israel on October 7, 2023.


Hamas-run Al Aqsa TV said later on Thursday, citing sources, that a Hamas delegation, headed by chief negotiator and deputy Hamas Gaza chief Khalil Al-Hayya, arrived in Cairo to meet with the head of general intelligence agency, Hassan Mahmoud Rashad.


Israeli Prime Minister Benjamin Netanyahu said on Thursday that he welcomed Egypt's willingness to advance a deal for the release of hostages in the Gaza Strip.


Earlier in the day, Qatar and Washington's top diplomats said that US and Israeli negotiators would gather in Doha in coming days to try to restart talks toward a deal for a ceasefire and the release of hostages in Gaza.

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