The Minister of State for Petroleum Resources, Heineken Lokpobiri has directed that the Nigerian National Petroleum Company Limited(NNPCL) must sell petrol above the landing cost, which currently stands at N1,117 per litre, to prevent the smuggling of the products to neighbouring countries. Lokpobiri who disclosed this in Abuja, adding that […]
Other News
Lagos Drives DNA Testing Surge In Nigeria, 27% Of Paternity Results Negative
Lagos leads the way in DNA testing across Nigeria, as 27% of all paternity tests conducted across the country proved negative indicating that in over one in four cases, the man tested was not the biological father. This is according to the newly released report by Smart DNA titled Smart […]
Anxiety As Pump Price Of Petrol Races Towards N1,405/litre
LAGOS — Nigeria’s downstream petroleum industry may have gone into a frenzy, following clear indications that the Federal Government may no longer sustain the cost of under-recovery, otherwise known as subsidy, due to a the steady rise in petrol import bills. Industry operators told Vanguard yesterday that it is now clear […]
NNPC Retail Outlet Adjusts Pump Price To ₦855/Litre In Lagos
Was just walking past one NNPC outlet by my office in lagos and i saw people shouting. Went to check,NNPC have adjusted their pump price to 855/Litre. I wonder how much other marketers will be selling now. God abeg.
CBN sees dwindling finances pushing Nigerians into debt
Nigerians expect to spend their savings or incur debt over the declining financial situation, according to a recent report by the Central Bank of Nigeria (CBN). In the report titled; “July 2024 Household Expectations Survey”, Nigerians were pessimistic about the economic situation over the next three months. “At -9.1 points, […]
Zenith Bank’s H1 profit rises 98%, hits N577bn
Zenith Bank, a tier-one bank in Nigeria, has reported a 98% rise in its after-tax profit in the first half (H1) of 2024. According to the bank’s financial statement, its after-tax profit increased to N577.9 billion in H1 from N291.7 billion in the corresponding period of last year. The bank […]
Industrial Court nullifies demotion of Engr. Luke, orders IMT Enugu to pay 12 months payment shortfall
The Presiding Judge, Enugu Judicial Division of the National Industrial Court, Hon. Justice Oluwakayode Arowosegbe has declared that Engr Luke Mmamel is entitled to his pension rights as a confirmed Director of Works Services of Enugu Institute of Management and Technology. The Court ordered Enugu Institute of Management and Technology to pay […]
Nigerians Lambast Oshiomhole For Calling Edo Governor, Wife Childless
NIGERIANS have taken to social media to lambast Edo State’s former governor, Adams Oshiomole, for calling the state’s incumbent governor and wife childless. Oshiomhole, who led the state between 2008 and 2016, is currently a serving senator representing Edo North Senatorial District. In an interview that has gone viral on […]
NNPC Has Been A Cesspool Of Endemic Corruption For Years – Atiku
Former Vice-President Atiku Abubakar says the Nigerian National Petroleum Corporation (NNPC) has, for years, been a cesspool of endemic corruption. He said this while demanding that President Bola Tinubu immediately put in place measures to list NNPCL on the stock exchange in line with the Petroleum Industry Act. The Presidential candidate […]
LG Polls: APC Wins All 21 Chairmanships, 225 Ward Councillors Seats In Kebbi
The Kebbi State Independent Electoral Commission on Sunday, declared the All Progressives Congress as the winner of Saturday’s local council polls in the state. The Chairman of the commission, Aliyu Muhammad-Mera, who announced this in Birnin Kebbi on Sunday, said the party won all the 21 Chairmanship seats and 225 Ward […]