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Marketers Will Pay Naira for Dangote Fuel -IPMAN

Aliko Dangote Refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold in naira and not in the United States dollar as speculated in some quarters, oil marketers clarified on Monday. Dealers in the downstream oil sector also stated that the registration process for marketers at the refinery was still ongoing, as many operators had continued to register with the plant. It was further gathered that officials of the Nigerian Midstream and Downstream Petroleum Regulatory Authority were meeting with the management of the refinery to perfect the pricing template for products produced by the facility. On January 12, 2023, the Dangote Petroleum Refinery announced the commencement of production of Automotive Gas Oil, also known as diesel, and JetA1 or aviation fuel. The President, Dangote Group, Aliko Dangote, had in a statement issued by the firm, said, “We have started the production of diesel and aviation fuel, and the products will be in the market within this mon...

France closes Louvre as coronavirus cases mount in Europe



AFP / Thomas SAMSON
The Louvre museum in Paris, the world's most visited, was closed over virus fears

France's famed Louvre museum closed Sunday as coronavirus cases mounted across Europe and beyond, with the global death toll nearing 3,000 and Italy reporting a near doubling of cases in 48 hours.

The virus has now infected more than 88,000 people and spread to more than 60 countries around the world, well beyond the epicentre in China where it first emerged late last year.

It has rattled global markets and prompted unprecedented measures from governments scrambling to contain the outbreak, which the World Health Organization has warned could become a pandemic.

The United States and Australia marked grim milestones over the weekend with their first coronavirus fatalities, while China reported 573 new infections Sunday, the highest figure in a week after a dip.

Infections nearly doubled in the last 48 hours in Italy, Europe's hardest hit country, the head of the country's civil protection body said Sunday.

Since the start of the epidemic, 1,694 people have tested postive for COVID-19, Angelo Borrelli told a press briefing. As of Friday, the figure was 888.

While the numbers in China are still far lower than the huge daily increases reported during the first two weeks of February, COVID-19 has spread rapidly across borders, with South Korea, Italy and Iran emerging as hotspots.

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