fuel
11 Feb
MRS Oil Nigeria Plc has reduced its pump price from N970 to N925 in Lagos. The petroleum company announced this on X. The pump price is, however, higher in the company's outlets in other regions. For instance, in other parts of Southwest, the pump price in MRS stations is fixed at N935. It is sold…
24 Jan
The Deputy Speaker of the House of Representatives, Benjamin Okezie Kalu, said that over $10 billion has been saved from subsidy removal in 2023. He disclosed that the measure led to a 22 percent increase in dollar remittances from the diaspora, totaling $28 billion in 2024. Kalu gave the highlights of the achievements by the…
12 Dec
Former Deputy National Chairman of the Peoples Democratic Party (PDP), Chief Bode George, has appealed to President Bola Tinubu to reduce
25 Nov
Nigeria's economy grew faster than expected in the third quarter of the year, official statistics showed Monday, in news hailed by a government under fire over galloping inflation. According to the National Bureau of Statistics, Nigeria's GDP growth hit 3.46 percent year-on-year, up from 3.19 percent in the second quarter and 2.54 percent in the…
15 Nov
The increase in the pump price of fuel to N1,060 in October from an earlier price of N1,030 has pushed the October 2024, headline and food inflation rate to 33.88 per cent and 39.16 per cent respectively. In September, the headline inflation was 32.70 per cent, while food inflation was 37.77 per cent. The headline…
14 Nov
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to stop petroleum product supplies to Ogun State due to ongoing intimidation by "an illegal Task Force" set up by the state government to disrupt its members' businesses statewide. The new IPMAN state chairman in Mosimi Depot, Chief Salimon Ajayi, made the threat yesterday in…
13 Nov
Operation Whirlwind of the Nigeria Customs Service (NCS) in Kwara and Niger states has revealed that it has intercepted 67,000 liters of fuel in the two states N84.8 million. In a statement by leader of the operation, Comptroller Hussaini Ejibunu, one suspect was arrested in connection with these smuggling activities and was granted administrative bail.…
7 Nov
The Nigerian National Petroleum Company Limited (NNPC Ltd) has distanced itself from the video clip of someone pouring a dark liquid, which he claims to be Premium Motor Spirit (PMS), purportedly bought from an NNPC Retail outlet at Keffi Flyover. Chief Corporate Communications Officer of NNPC Ltd, Mr. Olufemi Soneye, in a terse statement in…
27 Oct
The Publicity Secretary, Independent Petroleum Marketers Association of Nigeria (IPMAN), Mr Ukadike Chinedu, says that the scarcity of fuel being presently experienced will soon be over. Chinedu told the News Agency of Nigeria (NAN) that the shifting of the supply chain was the cause of the scarcity in the country, adding that in a few…
18 Oct
Nigeria’s economic crisis and soaring petrol prices forced Bolaji Emmanuel to give up his driver and his Honda Pilot utility vehicle
12 Oct
Former Senate Majority Leader, Mohammed Ali Ndume, has said fifth columnists are working hard to sabotage the administration of President Bola Ahmed Tinubu, imploring the president to reduce fuel and food prices.
11 Oct
First, it was the food price hike. Now, there's an increase in fuel prices. It seems as though Nigeria is holding her people by the neck and choking the life out of tired, frustrated, and hungry souls. While this may be the case, it is still important to bring out our survival skills and maintain…
Latest
43 mins ago
A former three-term member of the House of Representatives, Daniel Reyenieju, has described allegations of funds mismanagement against the management of the Nigerian Content Development and Monitoring Board, NCDMB, as unfounded. Reyenieju in a statement, said those making the allegations do not understand the complexities involved in developing the country's oil and gas industry. The…
1 hour ago
The agrarian community of Ifon in Ose Local Council Area of Ondo State was engulfed in crisis over the weekend following the alleged torture
1 hour ago
Worried by the plight of internally displaced persons (IDPs) across the Federal Capital Territory (FCT), a property firm, Livebridge Properties, has provided free medical care, foodstuffs, and other essential supplies to affected persons. The company, at a Valentine’s Day event it organised for the demography in Karon Majiji camp, also reaffirmed its commitment to supporting…
1 hour ago
The African Union warned Sunday against the break-up of the Democratic Republic of Congo, two days after the Rwandan-backed M23 armed group
1 hour ago
A member of the House of Representatives and lawyer, Mr. Solomon Bob, has said that with the Supreme Court dismissing the appeal by Governor Siminilayi Fubara of Rivers State, the judgment of the Court of Appeal affirming the High Court decision on the presentation of the Rivers State budget stands. The Supreme Court had dismissed…
1 hour ago
Edo State Commissioner for Information and Communication, Mr. Paul Ohonbamu, has defended the recent suspension of the Attorney General
1 hour ago
Como pulled away from the Serie A relegation zone on Sunday with a convincing 2-0 away win at Fiorentina. Assane Diao and Nico Paz struck in each half to give Como a surprise success in Florence which snapped a three-match losing streak and moved them up to 13th. Cesc Fabregas' team are five points above…
1 hour ago
Hearts defender Jamie McCart scored two own goals in a disastrous display that gifted Rangers a 3-1 win in the Scottish Premiership
1 hour ago
The wife of detained Ugandan opposition figure Kizza Besigye said on Sunday she was "very worried" about his health, nearly a week after the ex-presidential candidate began a hunger strike. Besigye, 68, is a leading opponent of the country's President Yoweri Museveni, in power for nearly 40 years, whom he has unsuccessfully challenged in four…