TRUMP ISSUES PARDON TO FORMER REPUBLICAN CONGRESSMAN STEPHEN BUYER AFTER INSIDER TRADING CONVICTION. (PHOTO).

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Trump issues pardon to former Republican congressman Stephen Buyer after insider trading conviction    President Donald Trump has issued a full pardon to former Republican congressman Stephen Buyer, who served nearly two years in prison after being convicted of insider trading tied to post-congressional consulting work. Buyer was sentenced in 2023 to 22 months in prison for illegal stock trades made while working as a consultant and lobbyist. He was ordered to forfeit more than $350,000 in ill-gotten gains and pay a $10,000 fine. He was released from custody in 2025 after his conviction was upheld, with the Supreme Court declining to take up his appeal earlier this year. In issuing the pardon, Trump described Buyer’s service as a judge advocate general in the U.S. Army and his time in Congress as “distinguished and highly productive.” The pardon, dated Thursday and released by the White House on Friday, grants Buyer “a full, complete, and unconditional pardon.” Buyer has maint...
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OVER 2,000 TRUCKS DAILY: DANGOTE REFINERY SETS RECORD PETROL LOADING AS PRIVATE DEPOTS EMPTY OUT. (PHOTO).

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 Over 2,000 Trucks Daily: Dangote Refinery Sets Record Petrol Loading as Private Depots Empty Out


Dangote Petroleum Refinery has shattered records by loading more than 2,000 trucks of petrol per day, cementing its position as Nigeria's dominant fuel supply hub while private depots across the country remain largely deserted.


The surge in activity follows aggressive price cuts, with Dangote slashing its ex-depot price to ₦699 per litre and lowering the minimum lift volume from 2 million litres to just 250,000 litres. These moves have opened direct access to thousands of smaller independent marketers, who now account for a significant portion of the daily loadings.


A new 10-day bank guarantee payment system has further fueled the rush, easing financial burdens and enabling round-the-clock operations to handle the unprecedented volume.


IPMAN, representing over 80% of Nigeria's retail fuel stations, has fully endorsed the shift, with daily loadings previously reported at over 1,000 trucks earlier in December now consistently exceeding 2,000.


Industry sources confirm the dramatic consolidation: as Dangote captures the bulk of petrol distribution, traditional private depots face sharply reduced throughput and shrinking margins.

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