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Marketers Begin Direct Petrol Loading From Dangote Refinery, Price Below N1,000 per Litre

Marketers Begin Direct Petrol Loading From Dangote Refinery, Price Below N1,000 per Litre

Oil marketers have started lifting Premium Motor Spirit (PMS) directly from the Dangote Refinery,IPMAN president confirmed the development but stated that the loading of the product is through MRS Oil for nowThe Dangote refinery is selling its product below N1,000, and Nigerians will be hoping it has an impact on the pump price Henzodaily.ng journalist … Read more

2027: ‘I Have A Different View Of My Respect For Rabiu Kwankwaso’

2027: 'I Have A Different View Of My Respect For Rabiu Kwankwaso' - Sowunmi

A chieftain of the Peoples Democratic Party (PDP), Segun Sowunmi, has revealed that he does not agree with the political methodology deployed by members of the Kwankwasiyya movement. He, however, disclosed that he has a different view of respect for the leader of the movement, Rabiu Kwankwaso. Sowunmi, while speaking on Sunday during a Channels … Read more

Actor John Dumelo wins parliamentary seat in Ghana

Actor John Dumelo wins parliamentary seat in Ghana

Actor-turned politician John Setor Dumelo has triumphed in the December 7th general elections, after winning his bid to represent the Ayawaso West Wuogon constituency at the country’s parliament. TheNewsGuru.com(TNG) reports that Ghana held their general elections on Saturday, electing the president and members of parliament. Dumelo’s victory sees him unseat the incumbent Member … Read more

Capital Importation Falls 51.90% To $1.25bn In Q3

Capital Importation Falls 51.90% To $1.25bn In Q3

Nigeria’s capital importation fell sharply by 51.90 per cent in the third quarter of 2024, totaling $1.25 billion, down from $2.60 billion in Q2 2024. However, this represents a 91.35 per cent increase compared to $654.65 million in Q3 2023, according to the National Bureau of Statistics. The decline was primarily driven by reduced foreign … Read more

Adhere Strictly To PPP Laws, Federal Gov’t Mandates MDAs

Adhere Strictly To PPP Laws, Federal Gov't Mandates MDAs

The federal government has directed all Ministries, Departments, and Agencies (MDAs) to strictly comply with the National Policy on Public-Private Partnerships (N4P) of the Infrastructure Concession Regulatory Commission (ICRC) when engaging in any Public-Private Partnership (PPP) arrangements. In a circular titled “FGN 2025 Budget Call Circular,” issued by the Federal Ministry of Budget and Economic … Read more

Why Naira Is Bouncing Back Massively Against Dollars

Dollar To Naira Exchange Rate Today 25 November 2021 (Black Market Rate)

The newly implemented foreign exchange market system by the Central Bank of Nigeria (CBN) has been credited for the recent surge in the value of Nigeria’s currency, the Naira, against major global currencies. Bankers speaking to Vanguard attributed the Naira’s appreciation to the launch of the Electronic Foreign Exchange Matching System (EFEMS) last Monday. In … Read more