archiveSeptember 2024

The Presidency has said that the administration of President Bola Tinubu has been truthful about its policies. Special Adviser to the President on Information and Strategy, Bayo Onanuga, made the clarification following the increase in the price of petrol in the country as of Tuesday morning. In a statement through...

  Ahead of his arrival for the Super Eagles’ Morocco  2025 Africa Cup of Nations (AFCON) double header against Benin and Rwanda, Nigeria international striker Victor Osimhen is expected to complete a loan move from Napoli to Turkish giants, Galatasaray. Osimhen has been enmeshed  with transfer issues all through the...

  Billionaire businessman and Chairman of Geregu Power PLC, Mr. Femi Otedola, has hailed his friend and President of the Dangote Group, Alhaji Aliko Dangote, for rolling out petroleum product from his refinery. Otedola said by building the 650,000 barrel per day refinery, Dangote has liberated Nigeria from the chain...

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Tuesday confirmed that the Nigerian National Petroleum Company Limited (NNPCL) has reached an agreement to sell crude oil to Dangote Petroleum Refinery in Naira. This was made known in its X handle “@NMDPRA_Official.” The agency said: “At the NMDPRA headquarters...

Aliko Dangote, the Chairman of Dangote Group, has officially confirmed rollout Premium Motor Spirit (PMS), also known as petrol from its refinery. Dangote, while addressing the press on Tuesday, described the development as a turnaround for the country after many years of not producing a single litre of petrol. The...

  The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of petrol from ₦568 to ₦897 per litre amid lingering fuel scarcity and crisis in the country. Reports on the newly increased price come after NNPCL said it owed its suppliers more than $6bn in debt. Our...

    Nigerian entrepreneur Dozy Mmobuosi has been ordered to pay over $250 million in fines after a fraud case brought by the US Securities and Exchange Commission (SEC). The ruling represents a significant fall for the fintech executive, who gained attention last year with his attempt to acquire Sheffield...

  Coalition of United Political Parties (CUPP) has flayed President Bola Ahmed Tinubu’s administration over the current fuel scarcity nationwide, which it described as as artificially induced, declaring that the president is sleeping whilst the country is on fire and offering no solutions for the problems his regime had created...

  The Nigeria Police have placed a N20 million bounty on a British national, Andrew Wynne, and a Nigerian, Lucky Ehims, who were declared wanted on Monday for allegedly attempting to overthrow President Bola Tinubu. In a statement on Monday afternoon, the police said a reward sum of N10,000,000 awaits...

  Court to rule on bail application Wednesday Tigran Gambaryan, a detained Binance executive at the Federal High Court in Abuja on Monday filed a fresh bail application on medical grounds. The Economic and Financial Crimes Commission (EFCC) however opposed the application, insisting that Gambaryan’s health condition was not serious...