The ongoing price war in the downstream oil sector intensified on Tuesday as major oil marketers began offering petrol at lower prices than the N825 per litre gantry loading cost set by Dangote Petroleum Refinery. This move follows revelations that the landing cost of imported Premium Motor Spirit (petrol) in Nigeria has dropped to N774.72
Experts at investment firm Afrinvest have emphasized the urgent need for action to address Nigeria’s debt profile and prevent further deterioration. This was highlighted in their latest macroeconomic update titled ‘Nigeria’s Debt Statistics… High Risk or Not?’ which analyzed the recent visit of IMF’s First Deputy Managing Director, Gita Gopinath. During her visit, Gopinath described
In response to a recent diphtheria outbreak at King’s College Annex, Victoria Island, the Lagos State Government has launched a vaccination campaign for students and staff to curb the spread of the disease. The state government, in collaboration with the World Health Organisation (WHO), initiated the vaccination exercise on Tuesday to boost the immune systems
The Niger State Ministry of Communications, Technology, and Digital Economy has announced a partnership with African Women in Tech Sales (AWITS) to equip women in the state with skills in technology sales, thereby enhancing their participation in the growing digital economy. This partnership, disclosed in a statement on Tuesday, focuses on empowering women with the
Controversy surrounds the purchase of N5bn worth of vehicles for 40 lawmakers at the Lagos State House of Assembly, deepening the feud between Speaker Mudashiru Obasa and former Speaker Mojisola Meranda. Reports indicate that Meranda led the purchase of 39 vehicles for the lawmakers during the period when Obasa was removed as Speaker. However, it
Liverpool are out of the Champions League after Paris Saint-Germain made history to knock them out on penalties at Anfield. PSG were aiming to become the first team ever to knock Liverpool out of a European tie after the Reds had won the first leg away from home and achieved the feat from the spot
The Lagos State Police Command has confirmed the location of the burial site of Adedamola Ogunbode, a Lagos State University graduate, following the arrest of the prime suspect, Olaoluwa Ajisomo. It was rumored that the prime suspect had fled to Benin Republic, but he was found and led police detectives to the burial site of
At 17, Lamine Yamal has contributed almost 60 goals for club and country The 17-year-old wrote his name into the Champions League history books on Tuesday night, becoming the youngest player ever to score and assist in the competition as he helped Barcelona beat Benfica to reach the quarter-finals. This season he has contributed to
The Federal Ministry of Transportation has refuted claims that its Minister, Said Alkali, diverted a $3bn railway project from the South-East to his home state, Gombe, for political reasons. Reacting to the report published by an online publication, the ministry, in a statement issued on Tuesday by its Director of Information, Janet McDickson, described the
The Senate recently suspended Kogi lawmaker Senator Natasha Akpoti-Uduaghan, accusing her of violating its rules just days after she submitted a petition against Senate President Godswill Akpabio. The controversy surrounding her allegations and suspension continues to make headlines. On Tuesday, the suspended Kogi Senator took her case to a global stage, seeking justice and intervention
