Nigerian president sacks board of state oil company

The National Petroleum Company (NNPC) Limited's group chief executive, Mele Kyari, as well as its chairman Pius Akinyelure -- a close ally of Tinubu -- were among those ousted. Kyari was immediately replaced by Bayo Ojulari, a former managing director of Shell Nigeria Exploration and Production Company (SNEPCO), a subsidiary of the multinational oil giant. "The board's restructuring is crucial for enhancing operational efficiency, restoring investor confidence, boosting local content, driving economic...