Over the weekend, the Nigeria Labour Congress (NLC) and former Vice President Atiku Abubakar expressed concern over the federal government’s increase in petrol prices, now ranging between N855 and N1,000 per liter. They warned that this hike is pushing Nigerians to their limit. The NLC called for collective action, encouraging Nigerians to resist the petrol […]
Category archives: News
Stock Market Turns Bearish Amid Petrol Price Hike
The Nigerian stock market ended last week on a bearish note, driven by rising petrol prices, which surged from around N600 to between N855 and N1,000 per liter. The private sector raised concerns about the negative impact on businesses due to the energy crisis. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) dropped by 0.2%, […]
Over 1,000 Soldiers Voluntarily Leave Nigerian Army in Four Years
More than 1,000 soldiers have voluntarily resigned from the Nigerian Army over the past four years, according to media reports. Between 2020 and 2024, a total of 1,008 soldiers left the force, including 196 who resigned in August 2024 alone. Many of these soldiers had not yet reached the mandatory retirement age or completed their […]
Wike Exploiting PDP’s Weakness, Says Former Akwa Ibom Deputy Governor
Former Akwa Ibom State Deputy Governor, Dr. Chris Ekpenyong, has attributed the actions of Federal Capital Territory Minister Nyesom Wike, including his threats to incite crises in PDP-led states, to the weakened state of the Peoples Democratic Party (PDP). In an interview, Ekpenyong lamented that the PDP has deviated from the founding vision of fairness […]
FCT Residents Struggle to Find Sales Points for Government’s N40,000 Subsidised Rice
Residents in the Federal Capital Territory are facing difficulties locating the sales points for the N40,000 subsidised rice launched by the Federal Government on September 5, 2024. Despite the fanfare surrounding the sale of 30,000 metric tonnes of rice, many citizens are still unsure where to purchase the rice, leading to frustration. Locals have reported […]
Oil Marketers Eye Petrol Imports as NNPC, Dangote Refinery Negotiations Stall
Oil marketers in Nigeria may begin importing petrol following a statement by the Nigerian National Petroleum Company Limited (NNPCL) that it will only purchase petrol from the Dangote Petroleum Refinery if international market prices exceed Nigeria’s pump prices. This is contrary to previous claims by Dangote that NNPCL would be the sole off-taker of its […]
Bishop Gifts Okada Riders Free Fuel in Enugu
In a heartwarming gesture, the Methodist Bishop of Nsukka, Rev. John Eze, provided free fuel to motorbike riders in the Eha Amufu community, Isi-Uzo Local Government Area of Enugu State. The initiative was in response to the ongoing economic challenges in the country, aiming to ease the burden on commercial motorcyclists and support commuters. Speaking […]
President Tinubu to Reshuffle Cabinet, Introduce New Talent
President Bola Tinubu is expected to dissolve his current cabinet in the coming week, aiming to inject fresh perspectives and address stagnant performance issues. According to a source close to the presidency, the move is meant to revitalize the administration and comes just ahead of Tinubu’s planned trip to the United Nations General Assembly (UNGA) […]
NAFDAC Investigates Prophet Jeremiah’s Miracle Water and Soap Claims
The National Agency for Food and Drug Administration and Control (NAFDAC) has raised concerns over Christ Mercy Land Deliverance Ministries, led by Prophet Jeremiah Fufeyin, for allegedly promoting unregistered miracle products. These products, including “Miracle Water” and “Miracle Soap,” claim to heal ailments and cure conditions like infertility. NAFDAC’s Director General, Prof. Mojisola Adeyeye, clarified […]
Dangote Refinery May Focus on Exporting Fuel Amid NNPC Dispute
The Dangote refinery might shift its focus to exporting Premium Motor Spirit (PMS) due to the Nigerian National Petroleum Company Limited (NNPC) refusing to become the sole buyer of its products. The NNPC stated it would only purchase Dangote’s fuel if it were cheaper than international market rates. While the refinery was ready to supply […]