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FRIDAY 28TH MARCH 2025

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Nigeria Expands Crude Oil Supply to Europe with Medium Sweet Obodo Blend Dangote set to hit full operating capacity in April

Emmanuel Addeh in Abuja

A new Nigerian crude grade,

medium sweet Obodo, will hit the market in April, according to sources familiar with the matter, as

210,000 bpd Port Harcourt refinery allocated three cargoes of crude in April-May

the west African country steadily adds to its crude offering, Argus Media, which provides business

intelligence, market data, and price assessments for global industries. Obodo has a gravity of

27.65°API and a sulphur content of 0.05pc, according to an assay seen by the company. A source said

the grade is likely to be priced in Continued on page 9

IMF Appoints Tony Elumelu to Advisory Council on Entrepreneurship, Growth... Page 8 Friday 28 March, 2025 Vol 30. No 10946. Price: N400

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Tinubu, Ghanaian President Mahama Discuss ECOWASSahel Relations

Deji Elumoye in Abuja

R-L: Executive Director, Zenith Bank, Dr. (Mrs.) Adobi Nwapa; Group Managing Director/CEO, Zenith Bank Plc, Dame (Dr.) Adaora Umeoji; Founder and Chairman of Zenith Bank Plc, Jim Ovia; Group Chief Executive Officer (GCEO) of Guaranty Trust Holding Company Plc, Segun Agbaje; Consummate businessman and entrepreneur, Dr. Sam Iwuajoku; Chairman/Editor-in-Chief, THISDAY/Arise Media Group, Prince Nduka Obaigbena, during the service of songs for Mrs. Margaret Olabisi Agbaje, who died at the age of 92 (mother of the CEO of GTCO), held at Harbour Point in Lagos on Wednesday

President Bola Tinubu and his Ghanaian counterpart, John Dramani Mahama, yesterday stressed the need for continued engagement between the Economic Community Continued on page 9

Electoral Act: Senate Proposes Same Day Elections to Cut Cost, Discourage Apathy House rescinds decision to strip vice president, governors, deputies of immunity Reverses decision to abolish death penalty Passes bill for creation of additional LG in Imo

Adedayo Akinwale and Sunday Aborisade in Abuja The Senate, yesterday, passed for second reading a bill seeking to amend the Electoral Act 2022 by introducing same day elections nationwide. The bill sponsored by Senator Saliu Mustapha, Kwara Central,

was intended to cut election costs, reduce campaign period, and allow elected officials to serve as ad hoc delegates in party congresses. However, at the House of Representatives, yesterday, members got cold feet, and Continued on page 9

MAHAMA VISITS TINUBU...

Visiting Ghanaian President, John Mahama (L), with President Bola Ahmed Tinubu during a courtesy visit by the Ghanaian President PHOTO: GODWIN OMOIGUI. to the Presidential Villa, Abuja, yesterday


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