NNPC, marketers cut petrol prices after Dangote slashes ex-depot cost

The Nigerian National Petroleum Company Limited and other marketers have reduced the pump prices of Premium Motor Spirit (petrol) following Dangote Petroleum Refinery’s cut in ex-depot prices. From as high as N950 per litre on Tuesday, petrol now sells for as low as N865 per litre, depending on the location. Checks on Friday confirmed that […]

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Obi blames Tinubu for investment crash

The 2023 presidential candidate of the Labour Party, Peter Obi, has accused President Bola Tinubu’s administration of presiding over what he described as “a collapse in foreign direct investment.” He blamed what he called “poor leadership, weak governance, and uncoordinated reforms” for the country’s economic woes. Obi, in a statement shared on official X (formerly […]

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Flight fury: Inside story of KWAM 1, Emmason’s pardon

Wasiu Ayinde, Comfort Emmason  Fresh details have emerged on why the Federal Government backtracked on its earlier decision to punish popular Fuji musician, Wasiu Ayinde, aka KWAM 1, and a passenger on the Akwa Ibom-owned airline, Ms. Comfort Emmason, for misconduct. Findings by Saturday Punch showed that KWAM 1 was compelled to apologise as part […]

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Lawyer sues FG, NCAA N500b over KWAM 1, Emmanson alleged aviation impunity

Comfort Emmanson, Wasiu Ayinde  Public interest lawyer, Ayodele Ademiluyi, has dragged the Federal Government, the Nigerian Civil Aviation Authority, NCAA, and several other parties before the Federal High Court, Lagos, demanding N500 billion in damages over what he described as a blatant breach of the rule of law in handling two aviation infractions involving popular […]

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Okonjo-Iweala calls for cushioning measures to economic reforms, gives Tinubu pass mark

President Bola Tinubu and WTO DG, Dr. Ngozi Okonjo-Iweala during a visit to the President on Thursday The Director General of the World Trade Organisation and former Nigeria’s Finance Minister, Dr Ngozi Okonjo-Iweala has called for measures to cushion the impact of the ongoing economic reforms on Nigerians. Noting that the reforms embarked upon by […]

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ADC criticises Tinubu’s ‘alarming’ frequent foreign trips

The African Democratic Congress has criticised what it calls the “alarming frequency” of President Bola Tinubu’s foreign trips. The party warned that his repeated absences come at a time “when leadership at home is needed more than ever. The party disclosed this in a statement posted on X. Tinubu was on Thursday scheduled to embark […]

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Lawyer sues FG, NCAA, others for N500b over ‘special treatment’ for KWAM 1

Comfort Emmanson & KWAM 1 Public interest advocate, Ayodele Ademiluyi, has instituted a N500 billion suit against the Federal Government, the Nigerian Civil Aviation Authority, and several other parties at the Federal High Court in Lagos, accusing them of grossly violating the rule of law in the handling of two separate aviation incidents involving music […]

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Labour issues 7-day strike notice as pension fund talks collapse

NLC President, Joe Ajaero PenCom reacts, NSITF silent over alleged 40% pension fund diversion The Nigeria Labour Congress has threatened a nationwide strike if the Federal Government fails to return what it claims to be billions of naira taken from workers’ insurance contributions. It also demanded that the government fill the leadership gap in the […]

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Dangote Group pledges full medical support for BBNaija’s Phyna’s injured sister

Dangote team with Mr Otabor (centre), husband of the victim. Credit: Dangote Group Dangote Group Plc has assured comprehensive support and compensation for Mrs. Ruth Otabor, the sister of Big Brother Naija Season 7 winner, Ijeoma “Phyna” Otabor, who was injured in a recent accident involving one of the company’s trucks in Auchi, Edo State. […]

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FG eyes $4.5bn oil savings, grows output by 400,000bpd

GCEO NNPC Ltd, Mr Bashir Bayo Ojulari addresses the staff of the company during his inaugural town hall meeting held at the NNPC Towers, on Thursday. CREDIT: NNPCL The Federal Government, through the Nigerian National Petroleum Company Limited, says it is taking aggressive steps to save the oil and gas industry about $3bn to $4.5bn […]

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