The landing cost of imported Premium Motor Spirit (petrol) has dropped to ₦922.65 per litre, a ₦32.35 reduction from the ₦955 per litre offered at the Dangote Petroleum Refinery’s loading gantry. The price shift has reignited interest among marketers in importing petrol, offering a more profitable alternative to Dangote’s refined products, which remain priced higher….
The Church of Nigeria, Anglican Communion, has elected seven new bishops to fill the vacancies in seven of its dioceses and four archbishops for its internal provinces. This was disclosed in a statement issued on Tuesday by the church’s Communication Officer, Korede Akintunde, and made available to PUNCH Online. The statement noted that the elections…
The Commander of the United States Africa Command, General Michael Langley, has visited the Chief of Defence Staff, General Christopher Musa, at the Defence Headquarters in Abuja. In a statement released on Wednesday, the Director of Defence Information, Brigadier General Tukur Gusau, noted that the AFRICOM Commander was accompanied by the US Ambassador to Nigeria,…
The National Institute for Policy and Strategic Studies (NIPSS) says that with Dangote Refinery and others coming on board, Nigerians should expect a crash in the price of premium motor spirit, better known as petrol. The product was sold for less than ₦200 per litre before the removal; it currently sells for around ₦930 per…
Less than 24 hours after its launching, the pirated copies of the autobiography of former Military President, Ibrahim Badamasi Babangida (IBB), titled, ‘A Journey in Service’, on Friday surfaced on WhatsApp and other social media platforms. X, formerly known as Twitter, is awash with links for free downloads, with netizens vowing to embrace its pirated…
President Bola Tinubu has stated that his administration’s tax reforms have come to stay. The Nigerian leader stated this on Monday night while speaking during his first presidential media chat in Lagos State. The tax reform bills, which are before the National Assembly, have generated controversies and met push back especially from the Northern leaders,…
A farm worker was kicked to death after reportedly trying to have sex with a cow in Brazil. The 45-year-old was found unconscious on the ground wearing a condom with the open wrapper beside him. Police in Samambaia, near the Brazilian capital Brasilia, confirmed they are investigating. The strange incident occurred on Wednesday at a…
The Academic Staff Union of Universities (ASUU) has issued a fresh 14-day ultimatum to the federal government, asking the government to resolve lingering issues affecting university lecturers. The fresh ultimatum is coming after the expiration of a 21-day notice earlier issued by the union. The government and the university lecturers agreed to set up a…
A magistrate’s court in Ogba, Lagos, has granted bail to TikToker Olumide Ogunsanwo, popularly known as Seaking, setting the amount at ₦500,000 with two sureties in the same sum. The court’s decision on Monday followed Seaking’s arrest on Saturday after he posted a video on social media allegedly inciting attack on police officers should they…
Special Adviser to President Bola Tinubu on Economic Affairs, Tope Kolade Fasua, has addressed the controversy surrounding his recent remarks on the naira’s value and poverty in Nigeria, offering further clarification on the issue. Earlier reports on Sunday quoted Fasua as defending the naira despite its sharp depreciation against the US dollar. He noted that…