Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has indicated that the anticipated reduction in pump prices for petroleum products following Dangote Refinery’s recent ex-depot price cut may not reflect immediately in pump prices nationwide. The National President of PETROAN, Billy Gillis-Harry, welcomed the depot price reduction by Dangote, […]
Other News
FEC Approves ₦4.8 Billion For HIV Treatment Amid US Policy Shift
Nigeria’s fight against HIV/AIDS has been significantly aided by international donors, particularly PEPFAR The Federal Executive Council (FEC) has approved a N4.8 billion fund for the procurement of 150,000 HIV treatment packs, ensuring continuous care for those living with the virus. This decision, announced after the FEC meeting on Monday, […]
China Retaliates With Tariffs On US Goods After Trump’s Move
China will impose tariffs of 15 percent on imports of coal and LNG from the US in retaliation for 10 percent levies on Chinese goods. China will impose tariffs of 15 percent on imports of coal and liquefied natural gas (LNG) from the United States in retaliation for Washington’s 10 […]
Trump Threatens To End Aid To South Africa Over Land Policy, Ramaphosa Responds
South Africa is a constitutional democracy that is deeply rooted in the rule of law, justice and equality. The South African government has not confiscated any land. The recently adopted Expropriation Act is not a confiscation instrument, but a constitutionally mandated legal process that ensures public access to land […]
Tems Wins Grammy Award For Best African Music Performance
Nigerian Afrobeats star Tems has secured her second Grammy Award, winning in the Best African Music Performance category at the 67th Recording Academy Awards 2025. Her hit song Love Me Jeje triumphed in a category dominated by Afrobeats heavyweights, with Chris Brown as the only non-Afrobeats nominee. Tems faced […]
Dangote Price Slash: Marketers With Imported Fuel Fear Losses
The decision by the Dangote Petroleum Refinery to reduce the ex-depot price of Premium Motor Spirit (petrol) on Saturday night came at huge costs to many petroleum marketers, The PUNCH reports. Marketers who spoke to our correspondent said the sudden price reduction by the Dangote refinery must have been occasioned […]
Nigeria Spent N5.5trillion On Petrol, Diesel Imports In 4 Months – THISDAY
Reports have revealed that between October 1, 2024, and January 31, 2025, the Nigerian National Petroleum Company (NNPC) Limited and select marketers spent over N5.5 trillion on the importation of Premium Motor Spirit (PMS) and diesel (AGO). Meanwhile, the management of the Dangote Refinery is currently in court with the Nigerian […]
FG Plans Fresh Electricity Tariff Hike
The federal government says plans are ongoing to increase electricity tariffs “over the next few months”. It, however, said that the planned increase needed to be balanced by subsidies for less-affluent electricity users. Bloomberg quoted the Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, as giving […]
U.S. wants Ukraine to hold presidential elections following a ceasefire – Trump envoy
The United States wants Ukraine to hold elections, potentially by the end of the year, especially if Kyiv can agree on a truce with Russia in the coming months, a report by Reuters citing US President Donald Trump’s top Ukraine official. Keith Kellogg, Trump’s special envoy for Ukraine and […]
2027: IBB Speaks As New Political Movement Emerges
General Ibrahim Babangida has reaffirmed his commitment to Nigeria’s unity as political movement, The Nigerian Project, gears up for the 2027 elections and national reforms. As the 2027 general elections draw near, political allies of former military president General Ibrahim Babangida are regrouping with a renewed focus on national unity […]