Dangote, IPMAN Sign 60m Litres Weekly Fuel Deal
Dangote Refinery and the Independent Petroleum Marketers Association of Nigeria have signed a 60 million-litre weekly Premium Motor Spirit supply deal. This comes as IPMAN confirmed that fuel prices have marginally reduced across its member filling stations nationwide. Recall that on November 11, 2024, IPMAN announced that it had reached
NDIC Begins The Sale Of Heritage Bank Assets
The Nigeria Deposit Insurance Corporation, NDIC, has commenced a national auction of landed properties and physical assets belonging to the defunct Heritage Bank. Bashir Nuhu, Director of Communication & Public Affairs at NDIC, disclosed this in a statement on Monday. Recalls that on June 3, the Central Bank of Nigeria revoked
Naira Appreciates Significantly Against Dollar
The naira appreciated significantly against the dollar in the foreign exchange market as FX supply surged. FMDQ data showed the naira strengthened to N1639.50 against the dollar on Thursday from N1,681.65 exchanged on Wednesday. This represents a N42.15 appreciation. Meanwhile, at the black market, the naira depreciated to N1750 per
BREAKING: Nigeria In Darkness As National Grid Collapses Again
Nigeria was on Thursday plunged into darkness as the country’s national grid collapsed again. The power supply was disrupted around 11:20 am on Thursday. This was confirmed on X by Nigeria National Grid via @NationalGridNg It tweeted: “BREAKING: Another Grid Setback Experienced.” This is the second time the grid has
Victory Declared By Donald Trump
Donald Trump of the Republican Party has said he’s going to make America great again as he has been projected to win the presidential election. He made this known in his speech on Wednesday while addressing voters at Florida after securing 266 electoral college votes, ahead of Kamara Harris, Presidential
National Grid Collapse: UK-Based Firm Announces Merger With Nigerian Power Company, Shyft
A United Kingdom-based energy revenue management company, SteamCo, has announced a merger with Nigerian Shyft Power Solutions to end national grid collapses and energy crises in Nigeria and Africa. The company said the move was necessary to tackle the age-long power sector crisis in Nigeria and Africa through digital energy,
US Election – I Will Fight For America With My Life, Breath – Trump
Former President Donald Trump has said he will fight for America every single day of his life. He stated this while addressing his supporters on Wednesday. This comes after Trump Fox News projected Trump to win the country’s presidential election. Trump had earlier won Georgia, North Carolina and Pennsylvania, key
APC Hails Arrest Of Ifeanyi Okowa By EFCC
The Delta State chapter of the All Progressives Congress (APC) has welcomed the recent arrest of former Governor Ifeanyi Okowa, describing it as a step in the right direction in the fight against corruption in the country. The APC, in a statement issued shortly after the news broke, emphasized that
Nigerian Government Drops Treason Charges Against EndBadGovernance Protesters
The Federal High Court in Abuja has dismissed the treason charges brought against the #Endbadgovernance# movement by the Inspector General of Police. Justice Obiora Egwuatu dismissed the charges on Tuesday after they were withdrawn by the Attorney General of the Federation and Minister of Justice, Prince Lateef Olasunkanmi Fagbemi, SAN,
Binance Executive Evacuated From Nigeria By The US Government In A Medically Equipped Aircraft
The United States has sent a medically equipped aircraft to evacuate the embattled Binance Holdings Limited executive, Tigran Gambaryan from Nigeria. Tigran Gambaryan was evacuated after the Nigerian government on Wednesday dropped money laundering charges earlier brought against him. The US National Security Advisor, Jake Sullivan revealed that Gambaryan’s release