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Petroleum

Fuel subsidy: Arabambi says Nigeria must produce its way out of high petrol prices

Nigeria must increase domestic production and refining capacity if it wants to achieve sustainable reductions in petrol prices, Labour Party chieftain, Dr Abayomi...

Business

Oil Price Rises Above $107 as Middle East Tensions Threaten Global Supply

Global oil prices surged on Monday, with Brent crude rising above $107 a barrel as escalating tensions across the Middle East heightened fears...