Day: July 27, 2024

Dangote: End of the Road for a Monopolist?, By Soji Adekunmbi

ADEOLA YUSUF

In the last one month, easily one of the most discussed issues in Nigeria is the allegation by the Dangote Refinery accusing the International Oil Companies (IOCs) of frustrating its operations by refusing to sell crude to it. In a statement released in July, which later followed up by Alhaji Aliko Dangote himself, the company said the IOCs preferred to sell their crude to Asian countries or ask them to buy from the foreign subsidiaries instead of giving them priority as directed by Nigeria’s upstream regulatory body, the National Upstream…

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1.3m People Infected With HIV In 2023

ADEOLA YUSUF

An estimated 1.3 million people became infected with HIV in 2023, three times more than the target of fewer than 370,000 by 2025. While there has been marked progress in sub-Saharan Africa, for the first time, in 2023 more than half of the new HIV infections occurred outside of sub-Saharan Africa, a report released on Wednesday said. The report by the Global HIV Prevention Coalition (GBC), said the rising new HIV infections are evident in several countries, particularly in countries where key populations including men who have sex with men,…

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