Nigeria’s Dangote Refinery has increased the gantry price of Premium Motor Spirit (PMS) by N100, raising the ex-depot price from N774 to N874 per litre. This adjustment expected to lead to nationwide changes in fuel prices. A senior official at the Dangote Refinery confirmed the price hike, citing rising global crude oil prices and higher…
Nigeria’s private sector showed signs of recovery in February as the Stanbic IBTC Bank Purchasing Managers’ Index (PMI) rose to 53.2, up from 49.7 in January. This increase signals an improvement in business conditions after a brief contraction at the start of the year. The latest PMI reading, released on Monday, highlights a solid monthly…
Ozonna, the son of Governor Charles Soludo of Anambra State, stirred up social media buzz this weekend with a video showcasing his “hot body.” The internet sensation wowed fans with his dance moves as he grooved to Ayra Starr’s hit song, “Hot Body.” Check out the video below! Click Here
Saudi Arabia has reportedly shut down the Ras Tanura Refinery, one of the largest oil refining facilities in the world, following Iranian strikes that heightened tensions in the Gulf region and disrupted operations. The temporary closure of such a critical energy asset is expected to send shockwaves through global oil markets. Tightening refined product supply…
The Federal Government has signed a Memorandum of Understanding (MoU) to distribute four million ECOCA solar cookstoves units to households across Nigeria, in a major push toward clean energy adoption and women-focused economic empowerment. The initiative will implemented under the Green Economy Empowerment 774 (GEE774) programme. Of the Federal Ministry of Women Affairs and Social…
The Federal Government has moved to tighten oversight of Nigeria’s petroleum revenues. By ordering an immediate halt to certain deductions previously made by the NNPC Limited, directing instead that oil proceed paid straight into the Federation Account. The decision reached at the inaugural meeting of the Implementation Committee for Executive Order 9. Signed by President…
Livinus Nwosu has continued to share his thoughts on the ongoing feud between Mukoro Michelle. Popularly known as King Mitchy, and Ratel Movement leader Martins Vincent Otse, widely referred to as VDM. What started as a heated social media exchange quickly escalated, drawing in other notable figures. Including Seyi Tinubu, the son of President Bola…
Social media personality Samuel Banks has sparked online discussions after sharing a video of a man he accused of throwing stones at his car on the Lekki Expressway. According to Banks, the incident happened because he allegedly refused to give the man money. In the video posted on his page, the man accused of the…
Taiwo Adegbodu, one half of the popular Yoruba gospel duo, Adegbodu Twins, has passed away. The sad news was shared on Sunday, March 1. Through a post on the group’s official Facebook page, managed by their team. In an emotional statement. The family expressed their heartbreak over his sudden death, describing it as a deeply…
Nigeria accounted for 52% of Africa’s crude oil exports to the United States in 2025. Strengthening its position as the continent’s largest supplier to the American market. This marks an increase from 49% in 2024, underscoring Nigeria’s continued dominance in Africa-US crude trade flows. According to trade data, total US crude oil imports from Africa…
