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Court Schedules Hearing on Emefiele’s Forfeited Assets for September 12

The Federal High Court in Lagos has set 12 September 2024 for the hearing of all applications related to a lawsuit seeking the permanent forfeiture of assets and funds linked to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. Justice Deinde Dipeolu scheduled the hearing after considering submissions from the counsels involved in the […]

Dangote Refinery to Begin Petrol Supply by September 15, Prices to Reflect Market Dynamics, Says NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has announced that Premium Motor Spirit (PMS), or petrol, from the Dangote Refinery will begin to flow into the market from 15 September 2024. In a statement issued by NNPCL’s Chief Corporate Communications Officer, Olufemi Soneye, on Thursday in Abuja, the company revealed that the prices of petroleum […]

Ademola Lookman Becomes Sole African Nominee for 2024 Ballon d’Or

Nigeria’s Super Eagles forward, Ademola Lookman, has been nominated for the prestigious 2024 men’s Ballon d’Or award. The 26-year-old Atalanta forward is among 29 players shortlisted for the award, as revealed by France Football magazine on Wednesday. Lookman stands out as the only African player on the list. Notably, neither eight-time winner and current holder […]

Zenith Bank Seminar Highlights Strategic Investments for Expanding Non-Oil Export Sector

At the 9th edition of the Annual Zenith Bank International Trade Seminar, stakeholders urged a concerted effort towards adding value to Nigeria’s non-oil export products by processing them into semi-finished and finished goods to unlock significant economic benefits for the country. The seminar, themed “Nigerian Non-Oil Export Industry: Awakening the Giant”, took place yesterday at […]

Outrage Over Fuel Price Hike: PDP, Labour Unions, Afenifere, and Civil Society Slam FG

The Peoples Democratic Party (PDP), the pan-Yoruba socio-political organisation Afenifere, the Nigeria Labour Congress (NLC), the Trade Union Congress (TUC), and various civil society organisations (CSOs) expressed outrage yesterday over the recent increase in petrol prices, criticising the federal government for exacerbating the hardship faced by Nigerians. The PDP rejected what it termed a “punitive” […]

Journalist David Hundeyin Linked to National Security Leak, Police Say

The Nigeria Police Force has alleged that journalist David Hundeyin and another individual, identified as Michael Temidayo Alade, are accomplices of Bristol Isaac Tamunobifiri, also known as PIDOM. According to the police, PIDOM, who is alleged to operate under the X handle @pidomnigeria, is a suspect in a case involving criminal conspiracy, sedition, and the […]

NLC Condemns New Petrol Price, Calls for Immediate Rollback

The Nigeria Labour Congress (NLC) on Tuesday called for an immediate reversal of the recent increase in petrol prices announced by the Nigerian National Petroleum Company Limited (NNPCL), stating that the hike has exacerbated the suffering of Nigerians. Amidst the ongoing fuel scarcity in the country, the NNPCL raised the pump price of petrol from […]

NNPC Raises Petrol Prices to Record High, Consumers Face New Costs

The Nigerian National Petroleum Company Limited (NNPCL) has increased the price of Premium Motor Spirit (PMS) from its previous range of ₦568-₦617 per litre to between ₦855-₦897 per litre. This new pricing came into effect on 3rd September 2024. NNPCL’s fuel prices typically vary depending on the location, with Lagos generally offering the lowest prices. […]

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