NGX investors lose whopping N3.8 trillion after Tinubu visit

West Africa Wants to Stop Pricing Its Petrol Off Europe

Nigeria's downstream regulator has made the case for a West African refined-fuel price benchmark, though no agreement was signed and no timetable was given.

• West Africa aims to set its own fuel price benchmark, not tied to Europe.
• Nigeria's regulatory body presented this idea at an Abuja conference on 11 August.
• Platts provides price assessments for West African fuels in naira and dollars.

1h ago ·riotimesonline.com

UKMTO says bulk carrier struck in Hormuz

UKMTO says bulk carrier struck in Hormuz A bulk carrier has been struck by an unknown projectile in the Strait of Hormuz, the UK Maritime Trade Operations (UKMTO) said.

1h ago ·middleeasteye.net

Ghana Has Lost 8,900 Hectares of Forest to Illegal Mining

Forestry Commission satellite data show about 8,900 hectares of Ghana's forest reserves affected by illegal mining, as Cabinet moves to cut mining leases to 20 years.

• Ghana lost 8,900 hectares of forest to illegal mining in 2024.
• This is a 70% increase from 5,253 hectares in 2021.
• Enforcement efforts seized 234 excavators and 258 individuals.

1h ago ·riotimesonline.com