Dangote Refinery will stop loading petroleum products for Nigerian market as the renegotiation of the naira-for-crude deal is not recording significant progress. However, sources told TheCable that refinery will continue to load for export as it currently sources all its crude stock from the international market in dollars. The refinery sells to Nigerian marketers in…
The Economic and Financial Crimes Commission (EFCC) is investigating Uju Kennedy-Ohanenye, former minister of women affairs, over allegations of N138 million fraud. The EFCC alleges that the former minister was involved in the misappropriation, violation of the procurement process, and diversion of public funds to the tune of N138,413,253.89 in the course of disbursing the…
President Bola Tinubu and Equatorial Guinea, President Teodoro Mbasogo on Wednesday evening in Malabo signed an agreement on the Gulf of Guinea Pipeline Project, further affirming the partnership for mutual development. The agreement covered legislative and regulatory measures for the gas pipeline, establishment and operation, transit of natural gas, ownership of the gas pipeline, and…
Popular Nigerian crossdresser, Idris Okuneye popularly known as Bobrisky has confirmed the removal of his male genitals. This is coming after he shared a video on social media showing off his backside while wearing only br@ and p@nties. In the post, he questioned, “How can I have this hot body with a pr**k?” and claimed…
The Senior Special Assistant to President Bola Tinubu, Hon. Asefon Sunday Dayo has revealed that education now became accessible and affordable to many students in the country. Asefon disclosed this during Renewed Hope student leaders engagement at Port Harcourt, Rivers state. Addressing the student leaders, Asefon said the launch of the Nigerian Education Loan Fund…
GISTSMATE MEDIA reports that gunmen suspected to be kidnappers have killed a health worker Akinola Oyabiyi. Oyabiyi, 46, was shot dead inside his car near the Akure Airport at Eleyowo in Akure North Local Government Area. It was around the Akure Airport area that two farmers were abducted last week. Sources said the deceased was…
The Nigerian National Petroleum Company Limited has officially ruled out the sale of the Port Harcourt Refining Company, reaffirming its commitment to completing high-grade rehabilitation and retention of the plant. Group Chief Executive Officer of NNPC Ltd, Bayo Ojulari, made the announcement during a company-wide town hall meeting at the NNPC Towers in Abuja, ending…
The Managing Director of Moniepoint Microfinance Bank, Mr. Babatunde Olofin, has cautioned Nigerians against sharing their account numbers publicly, especially during the festive season, to avoid falling victim to cyber fraud. Babatunde revealed this in an interview with the News Agency of Nigeria (NAN) on Sunday. He emphasized the importance of cyber security awareness, warning…
The Presidential candidate of the Labour Party, Peter Obi, has alleged a threat to his life by Felix Morka, the spokesman of the All Progressives Congress (APC). The allegation comes after Obi criticized President Bola Tinubu’s administration for failing to address the worsening economic and security challenges in the country. According to Obi, Morka’s recent…
GISTSMATE MEDIA reports that a fire broke out early Friday morning at a seven-storey building on Sanni Adewale Street in the Lagos Island Local Government Area. The blaze, which affected several shops within the building, prompted a swift response from the Lagos State Fire and Rescue Service. According to a statement by the Director of…