Nigerian crude settled at about $70 per barrel, up from $68 earlier in the week. This is because U.S. crude inventories have recently decreased. Brent crude, which was trading at $69.3 per barrel on September 26, represents a slight monthly increase of 3 per cent. Nigerian blends usually trade at a slight premium to Brent…
Microsoft has terminated specific cloud services provided to the Israeli Ministry of Defense after an internal investigation linked its technology to mass surveillance of Palestinians. The company’s president, Brad Smith, announced in a statement on Microsoft’s blog that the tech giant had “ceased and disabled a set of services” used by Israel’s military intelligence unit,…
Scores of people are feared to have lost their lives following the collapse of a mining pit at the Kadauri mining site in Maru Local Government Area of Zamfara State. The incident occurred on Thursday while artisanal miners were working underground. Sources from the area told Channels Television that about 13 bodies have so far…
Fuji singer Taye Currency’s performance at the coronation ceremony of Oba Rashidi Ladoja as the new Olubadan of Ibadanland has sparked intense controversy amongst social media users. The Fuji musician’s lyrics, “were la fi n wo were,” which translates to “we used insanity to cure insanity,” were deemed unbefitting for the royal occasion. Many Nigerians…
The Cross River State Police Command has confirmed the abduction of 17 passengers onboard of a passenger boat on the Calabar – Oron Waterways by sea pirates. The abduction occurred on Thursday when gunmen hijacked a commercial passenger boat operated by Sea Express Limited, while conveying around 30 people from Calabar in Cross River State…
The ancient city of Ile-Ife came alive on Friday night as the Arole Oduduwa, Olofin Adimula, Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, CFR, Ojaja II, ended his seven-day seclusion, marking a significant moment in the ongoing 2025 Olojo Festival. Emerging from his private spiritual retreat, the Ooni offered heartfelt prayers for Nigerians across all…
GISTSMATE MEDIA reports that the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has ordered an immediate suspension of gas supply to the Dangote Petroleum Refinery. The latest development has escalated the growing labour dispute with the company. In a letter dated September 26 and signed by the union’s General Secretary, Comrade Lumumba…
GISTSMATE MEDIA reports that President Bola Tinubu has called for total elimination of nuclear weapons all over the world. Tinubu made the call while delivering Nigeria’s statement at the high-level meeting to commemorate the International Day for the Total Elimination of Nuclear Weapons at the UN headquarters in New York. Represented by the Minister of…
LThe Dangote Petroleum Refinery has announced the suspension of petrol sales in naira, a move that has unsettled marketers and raised fresh concerns about fuel pricing and foreign exchange pressure. In an email sent to its customers at exactly 6:42 pm on Friday, the refinery disclosed that the decision would take effect from Sunday, September…
President Bola Ahmed Tinubu arrived in Lagos on Friday on a working visit to the former seat of government as Nigeria prepares for a low-key 65th Independence Anniversary. This is contained in a statement issued by presidential spokesman, Bayo Onanuga late Friday. According to Onanuga, the President moved to Lagos after attending the coronation of…