Nigerian lawmakers approve increased $49.38 billion 2026 budget

Nigeria's parliament has approved a 68.30 trillion naira ($49.38 billion) budget for 2026, after President Bola Tinubu asked lawmakers to back adjustments to increase a plan put forward in December.

Russian, Egyptian presidents discuss Middle East crisis over phone

Russian and Egyptian presidents on Tuesday discussed the ongoing armed conflict in the Middle East over the phone, a Kremlin statement said.

Nigeria allocates more crude cargoes to Dangote refinery for May

The Nigerian National Petroleum Company (NNPC) is allocating seven crude cargoes for May loading to Nigeria's Dangote refinery, up from the five it received in previous months.