The Premium Motor Spirit, PMS, also known as petrol would likely cost more as depot owners have increased prices by about 4.74 per cent. This follows the recent increase of crude oil prices, including Nigeria’s Bonny Light to $80 per barrel this week from $73 per barrel last week. Already, some depots, including Swift Depot…
GISTSMATE MEDIA reports that veteran Nigerian actor, Tom Njemanze has passed away after a prolonged battle with prostate cancer. Announcing his death on Saturday, filmmaker Stanley Ontop said he died on Friday, leaving behind a legacy of iconic roles in Nollywood classics. “It’s another sad period as we just received news from Tom Njemanze’s family…
Oyo All Progressive Congress (APC) chieftain and Ibadan North FC hopeful, Bashorun Adekunle Oladeji has extended warm birthday wishes to Oyo APC elders advisory council, Engineer idreez Adeoye on his 51st birthday. In a statement released earlier today, Omo BAO applauded Engr idreez as “a pillar of support and party loyalist”. He expressed his glorification…
China has announced plans to build Africa’s first-ever local insulin production facility in Nigeria, a move that could transform healthcare on the continent and improve access to life-saving diabetes medication. The groundbreaking initiative is expected to not only make insulin more affordable and widely available but also position Nigeria as a pharmaceutical hub for West…
Nigeria was awash with news recently about the quantum leap in the quantity of fuel imports from Malta after revelations by Aliko Dangote, chairman of Dangote Petroleum Refinery. In 2023, Nigeria’s petroleum importation from Malta surged significantly to $2.8 billion, compared to zero between 2017 and 2022, and a mere $13.32 million in 2016. Mele…
Despite the economic hardship being experienced by majority of Nigerians, banks’ vaults are bustling with customer deposits. The latest report of the Central Bank of Nigeria, CBN, on money and credit situation in the country shows that banks’ demand deposits in the first nine months of this year rose by 16.5 percent to N31.08 trillion…
Nigeria’s Independent National Electoral Commission (INEC) has announced the commencement of the nationwide Continuous Voter Registration (CVR) exercise ahead of the 2027 general elections, with both online and in-person phases set to begin in August. According to the electoral body, the online pre-registration portal cvr.inecnigeria.org will open to the public from August 18, 2025, allowing…
Former Military President Ibrahim Badamasi Babangida (IBB) has expressed regret over the annulment of the June 12, 1993 Presidential election, saying he would do things differently if given another chance. He said this during the launch of his autobiography – “A Journey in Service”, in Abuja, on Thursday. Speaking after, former Vice-President Yemi Osinbajo reviewed…
Two officers of the Borno State Police Command lost their lives after suspected Boko Haram terrorists attacked the Nganzai Police Division in Borno State. A statement released on Thursday by the Command’s Public Relations Officer, ASP Nahum Daso, revealed that the incident occurred on Wednesday at about 12:10 a.m. The statement reads, “At about 12:10…
The Taliban Supreme Court in Kabul on Tuesday sentenced a man and woman to 39 lashes and 18 months in prison for engaging in extramarital sex. It was unclear whether the floggings carried out on Monday took place in public, as has been the case in previous instances. Since returning to power in 2021, the…
