CORAN
8 Nov
The Chairman of Crude Oil Refineries Owners Association of Nigeria (CORAN), Mr Momoh Oyarekhua, has said that Nigerian local refineries should be protected from unfair competition against importers and international petroleum traders in line with provisions of the PIA laws section 317 (8-9). He said this while speaking on recent developments in the Petroleum industry…
22 Sep
The Crude Oil Refiners Association of Nigeria (CORAN) has urged the Federal Government to fix the exchange rate at N1,000 per dollar in a bid to reduce the cost of petrol at Dangote Refinery to below N600 per litre. CORAN's spokesperson, Eche Idoko, made this appeal following the recent surge in petrol prices across the…
11 Sep
Players in the oil and gas sector have called for a significant increase in Nigeria’s refining capacity to address the growing demands for refined petroleum products and tap into the country’s export potential.
10 Jun
A group of oil marketers has disclosed why the price of a litre of fuel cannot drop to as low as N300 in Nigeria. The Major Energy Marketers Association of Nigeria (MEMAN) made this disclosure in a statement where they also denied reports that the local refining of crude oil could lead to fuel selling…
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NOW
Several travellers met a tragic end on Wednesday when bandits reportedly planted explosives along the Dansadau-Gusau road in Zamfara State. Lifeless bodies were repordely scattered by the roadside as stunned passersby looked on in horror. The development comes just two days after a bandit-planted explosive blew off a bridge in Zamfara State's Maru Local Government…
2 mins ago
A tragic road accident claimed the lives of twelve individuals, including ten men, one woman, and a female child, on Tuesday night along the Bayamari-Geidam road in Yobe State. The Federal Road Safety Corps (FRSC) Sector Commander in Yobe, Corps Commander Livinus Yilzoom, confirmed the incident in a press release issued in Damaturu, the state…
5 mins ago
An Ado Ekiti Chief Magistrate court has remanded a lawyer and human rights activist, Dele Farotimi, for authoring and publishing a book titled Nigeria and its Criminal Justice System, in which he alleged that the founder of Afe Babalola University Ado Ekiti (ABUAD), Chief Afe Babalola, corrupted the Supreme Court to procure a fraudulent judgment…
11 mins ago
Dressed in a white singlet with a scarf tied around his head, Frank crouched near a muddy pit, preparing to plunge his hands into the soil in search of gold. Around him, shirtless men, their bodies smeared with dirt and glistening with sweat, worked tirelessly under the blazing sun, near Ghana's capital Accra. Some shovelled…
28 mins ago
The Oyo state government has doubled the gratuity payment to retirees and pensioners in the state to ₦1B from the former ₦500M to speed up payments. This was revealed by the state government through its official ‘X’ handle, adding that the ₦1B will be divided between the state and the local government retirees. In August…
51 mins ago
President Cyril Ramaphosa has expressed South Africa’s interest in collaborating with Nigeria to harness lithium to drive the green energy transition and support the development of electric vehicles (EV) batteries. Ramaphosa said this on Tuesday in Cape Town, South Africa, at the Nigeria -South Africa Business Roundtable. He proposed leveraging Nigeria’s vast lithium reserves as…
52 mins ago
Leading political figures Atiku Abubakar and Peter Obi have condemned the arrest and detention of human rights lawyer Dele Farotimi, describing the move as a gross violation of democratic principles and an abuse of state power. In a statement issued Tuesday, Mr. Obi called Mr. Farotimi’s arrest “a grave assault on democracy,” accusing the authorities…
56 mins ago
The police have suspended Inspector Ekende Edwin, Inspector Esther Okafor, and Sergeant Talabi Kayode, who stole the sum of ₦43,160,000 from Andrew Ejah, a cargo worker in August 2023. This information was disclosed in a press statement signed by Muyiwa Adejobi, the Force PRO, on Wednesday morning. "These officers have been suspended, being found culpable…
56 mins ago
When it comes to parties, Nigerians don’t play! A proper owambe or nightclub isn’t complete without vibes so hot they’ll make even the shyest person hit the dance floor. The secret? A killer playlist that blends nostalgia, fresh hits, and pure energy. Be it a wedding, birthday, or just a Detty December groove, these tracks…
1 hour ago
The Policy and Legal Advocacy Centre (PLAC) has described as 'unacceptable' scenarios where candidates of ruling parties win all the seats completely in local government elections. PLAC Executive Director, Mr. Clement Nwankwo, made this observation at the ongoing Review of the 1999 Nigerian Constitution, organised by the House of Representatives in collaboration with PLAC and…