Business Oil & Gas Supplies Top Story

NNPC Ltd releases estimated pump prices of petrol from Dangote Refinery, based on September 2024 supply

The Nigerian National Petroleum Corporation (NNPC) Limited has announced the estimated pump prices of Premium Motor Spirit (PMS), popularly known as petrol, for retail stations across the country, following negotiations with the Dangote Refinery. In a press statement released on Monday, the NNPC revealed that the new prices reflect the cost of PMS supplied from Read More…

Business Consumer Oil & Gas Supplies Top Story

Dangote Group refutes NNPCL fuel price claims

In a recent press statement, the Dangote Group has firmly denied claims made by the Nigerian National Petroleum Company Limited (NNPCL) regarding the sale price of Premium Motor Spirit (PMS). The NNPCL spokesperson, Mr. Olufemi Soneye, alleged that Dangote sold PMS at an exorbitant rate of N898 per litre. This statement, according to Dangote Group, Read More…

Arrest Nigeria Top Story

Sowore released after brief detention at Lagos airport

The Nigerian Immigration Service briefly detained Omoyele Sowore, the convener of the #RevolutionNow Movement, at Murtala Muhammed International Airport in Lagos on Sunday, immediately upon his return to Nigeria. This incident occurred as members of the Take It Back Movement and other activists gathered at the airport in anticipation of his arrival. Sowore, who had Read More…

Labour Nigeria Top Story

Nigeria denies human rights abuse allegations at UK Trade Union Congress; Ajaero Released

In a recent conference held by the Trade Union Congress (TUC) in London, the Nigerian government faced accusations of human rights abuses. The allegations were made by the TUC leader, who claimed that Nigeria had violated human rights. However, the Nigerian government has categorically denied these claims, stating that they are unfounded and based on Read More…

Education Nigeria Top Story

Nigeria’s education crisis deepens: Over 18 million children remain out-of-school as new academic session begins

As the 2024/25 academic session approaches, Nigeria’s education crisis continues to deepen, with millions of children expected to remain out of school. By September 9, primary and secondary schools will resume across the country, yet a significant number of students will not return to the classroom, adding to the already alarming statistic of 18.3 million Read More…

Banking Business Top Story

Fidelity Bank fined N555.8 million for data breaches as NDPC enforces new protection laws

The Nigeria Data Protection Commission (NDPC) has imposed a fine of N555,800,000 on Fidelity Bank Plc for violating data protection regulations. This significant penalty, announced by the National Commissioner of NDPC, Dr. Vincent Olatunji, underscores the Federal Government’s commitment to enforcing data protection standards across the country. Speaking at the Nigeria Data Protection (NDP) Act Read More…

Life Nigeria Top Story Travel

UAE lifts visa ban on Nigerian passport holders

The Federal Government of Nigeria has announced that Nigerian passport holders can now obtain visas for travel to the United Arab Emirates (UAE), starting today, July 15, 2024. This follows an agreement reached between the governments of Nigeria and the UAE. Minister of Information and National Orientation, Mohammed Idris, made the announcement on his official Read More…

Featured Legal Nigeria Notes Owei Lakemfa

Supreme Court weakens federalism, strengthens unitary system

THE Supreme Court on Thursday, July 11, 2024 made landmark judgements on local government areas, LGAs, in the country. First, it gave the salutary order that they must be run by elected persons. Its second order that LGAs be paid directly by the centre, seeks more or less, to de-link them from the states they are located. In other words, it Read More…

Business Mining Top Story

Nigeria’s artisanal mining shakes up global lithium market amid price plunge

By Lagos Metropolitan News Desk The global lithium market has experienced significant turbulence over the past two years, with prices plummeting due to an oversupply and weaker-than-expected demand for electric vehicle (EV) batteries. This downturn is exemplified by the dramatic fall in the CME contract for lithium hydroxide from a 2022 high of $85,000 per Read More…

Crime Insecurity Insurgency Nigeria Terrorism Top Story

Defence forces strike hard: 187 terrorists neutralised, 183 arrested, 109 hostages rescued in one week

In a powerful display of military might, the Defence Headquarters (DHQ) announced that troops eliminated 187 terrorists, apprehended 183 others, and rescued 109 kidnapped hostages in various operations nationwide over the past week. The Director of Defence Media Operations, Maj.-Gen. Edward Buba, revealed these successes during a press briefing in Abuja on Thursday. The operations Read More…