Fuel Price Hike
6 Sep
Many residents of Benin, have expressed frustration over the hike in the pump price of Premium Motor Spirit (PMS). READ ALSO:Bus fares rise by 50% nationwide amid fuel price increase The News Agency of Nigeria (NAN) reports that NNPC Retail Management had on Tuesday approved an upward review of the pump…
6 Sep
Protesters against the increase in the pump price of petroleum products chanted anti-government slogans, yesterday, in parts of Ilorin, Kwara State, and prevented vehicular movement.
5 Sep
The minority caucus of the House of Representatives has demanded the immediate reversal of the increase in fuel prices across the country.
4 Sep
A chieftain of the New Nigeria People’s Party (NNPP), Olufemi Ajadi, has expressed outrage over the reported increase in the pump price of Premium Motor Spirit (PMS) by the Nigerian National Petroleum Corporation (NNPC). Ajadi’s anger was sparked after the NNPC raised the fuel price from N617 per litre to N897 per litre on Tuesday…
4 May 2024
Nigerians are fuming as they grapple with an unprecedented surge in inflation, which reached a staggering 31.7% in February 2024. The economic strain on its citizens is becoming increasingly unbearable and a new report titled “The Price Is Everything” from SBM Intelligence does a great job of tracking the trajectory taken by inflation for a…
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2 hours ago
Joseph Aloba, the father of the late Nigerian singer Mohbad, has said that Liam doesn’t look like his son. Joseph Aloba stated this during an interview on Silverbird TV on Friday. Aloba expressed strong doubts about the child’s biological connection to the late artiste. According to him, the child’s features do not bear any resemblance…
2 hours ago
Four persons were killed on Friday in a communal clash that occurred at a boundary community linking Akure South and Idanre Local Government Areas of Ondo State. According to sources, indigenes of the two communities had long been laying claim to a disputed territory identified as Gbalegi. The clash comes four days after two persons…
2 hours ago
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has expressed optimism regarding the country’s economic recovery, citing increased investor confidence as a positive indicator. Ẹdun, in a recent African Business interview, noted the recent oversubscription of Nigeria’s Eurobond issue, which attracted $9.1 billion, surpassing the $2.2 billion target. "The oversubscription of our…
2 hours ago
The Minister of Works, Senator David Umahi, has expressed deep frustration over the state of Nigeria's road infrastructure, citing insufficient yearly budgetary allocations as a major obstacle. Speaking during the 2025 budget defense session before the Senate Committee on Works in Abuja on Friday, Umahi said the funds currently allocated to his ministry are inadequate…
2 hours ago
The Edo Governorship Election Petition Tribunal sitting in Benin on Friday admitted 1,004 documents tendered before it by Dr. Asue Ighodalo, the Peoples Democratic Party (PDP) candidate in the election. Recall that the candidate and his party are challenging the conduct of the election as well as the declaration of the All Progressives Congress (APC)…
2 hours ago
The Nigeria Security and Civil Defence Corps (NSCDC) has renewed its crackdown on oil theft and pipeline vandalism across the country. In a statement shared on its official social media platform, the agency commended its Special Intelligence Squad for arresting four individuals in possession of two heavy-duty trucks loaded with 94,000 litres of stolen crude…
3 hours ago
The Federal Government on Friday reaffirmed its commitment to driving economic growth and transforming the nation’s healthcare system. This comes as the Sir Emeka Offor Foundation (SEOF) has announced a donation of $5 million to the Rotary Foundation to address maternal mortality in Nigeria. Speaking during a courtesy visit by the Chair of the…
3 hours ago
Vice President Kashim Shettima on Friday arrived in Maiduguri, the Borno State capital, on a condolence visit to the families of soldiers who lost their lives during a terrorist attack in Damboa. The Vice President is in Maiduguri to extend the condolences of President Bola Tinubu and the federal government to the families of the…
3 hours ago
The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed as untrue and warned the public against purported recruitment announcements for the Port Harcourt Refining Company (PHRC) as fraudulent. In a statement issued on 17 January, the company clarified that no separate recruitment process is underway for the Port Harcourt Refinery. Instead, the ongoing recruitment…
3 hours ago
The European Union has announced an initial humanitarian assistance of €510 million to Nigeria and other sub-Saharan African countries in 2025. The European Commission said in a statement that “these funds are set to be channelled across West and Central Africa, the Sahel, the Lake Chad basin, North-West Nigeria, Central Africa, the Great Lakes region,…