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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

Coronavirus: As U.S. COVID-19 Cases Break Records, Weekly Deaths Rise 3%


The number of new COVID-19 cases in the United States hit another record high last week, rising 18% to more than 575,000, while deaths inched up 3%, according to a Reuters analysis of state and county reports.


The number of new cases reported each week has risen for four straight weeks, with the biggest increases seen in the last two weeks.

Nationally, nearly 5,800 people died of the virus in the seven days ended Nov. 1, bringing the total to over 230,000. Health experts say deaths tend to increase four to six weeks after a surge in infections.

Thirty-four out of 50 states have seen new cases increase for at least two weeks in a row, down from 36 the prior week. They include Florida, Ohio and Michigan — all hotly contested states for Tuesday’s U.S. presidential election. New cases rose 60% in Pennsylvania, another crucial state.

Texas reported the most new cases last week with over 45,600, followed by Illinois, which has half as many people, with over 44,500 new cases.

The United States performed 8.5 million COVID-19 tests last week, of which 6.8% came back positive for the new virus, compared with 6.3% the prior week, according to data from The COVID Tracking Project, a volunteer-run effort to track the outbreak.

South Dakota led the nation with the highest positive test rate at 50%, followed by Iowa at 44% and Wyoming at 43%. A total of 17 states had a positive test rate of over 10%.

The World Health Organization considers rates above 5% concerning because it suggests there are more cases in the community that have not yet been uncovered.

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