Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly referred to as petrol, by N65.00, from N890 to N825 per litre, effective from 27th February 2025. Under the new arrangement, buyers in Lagos would purchase fuel at N860 per litre at MRS outlets. The price adjustment,…
Hamas will return the bodies of four dead Israeli hostages on Thursday in exchange for Israel’s release of hundreds of Palestinian prisoners, the group said, just days before the first phase of the ceasefire between the warring parties was to expire. Israel has delayed the release of about 600 Palestinian prisoners since Saturday to protest…
The death toll from a Sudanese military plane crash in the city of Omdurman increased to at least 46 people, officials said Wednesday. The Khartoum Media Office said the crash also injured 10 others. The initial death toll of 19 was provided by the health ministry. The Antonov aircraft crashed Tuesday while taking off from…
Ukraine has agreed the terms of a major minerals deal with the US, reports have revealed. Media reports say Washington has dropped initial demands for a right to $500bn (£395bn) in potential revenue from utilising the natural resources but has not given firm security guarantees to war-torn Ukraine – a key Ukrainian demand. US President…
National Security Adviser, Mallam Nuhu Ribadu, has said he would not join issues with former Governor of Kaduna State, Mallam Nasir El-rufai, who alleged that Ribadu was behind his current ordeal with the anti-graft agencies and the Kaduna State House of Assembly because the NSA wants to be President in 2031 and was determined to…
Marketers of petroleum products have expressed concerns that the alleged harassment of tanker drivers by officials of the Lagos State Government could lead to fuel scarcity in a few days, as some filling stations were shut in various parts of the state on Monday They also vowed to shut down operations in the South-West if…
The speakership crisis rocking the Lagos State House of Assembly might be resolved soon as the intervention of heavyweights in the All Progressives Congress may be leading to a headway. According to reports, the impeached Speaker, Mudashiru Obasa and the current Speaker, Mojisola Meranda, might be stepping aside for another lawmaker to lead the House….
Former Kaduna State Governor and a stalwart of the All Progressives Congress (APC), Nasir el-Rufai yesterday responded to a plethora of issues, especially relating to his relationship with President Bola Ahmed Tinubu, declaring that the president pointedly rejected him as a minister, and not the stage-managed National Assembly’s security report. Speaking with Arise Television, in…
Friedrich Merz’s conservatives have won Germany’s election, well ahead of rival parties but short of the 30% vote-share they had expected. “Let’s celebrate tonight and in the morning we’ll get to work,” he told cheering supporters. He said he was “aware of the responsibility that now lies ahead” of him. The other winner was the…
President of Dangote Industries Limited (DIL), Aliko Dangote, revealed at the weekend that his company, the Dangote Petroleum Refinery, has over N600 billion worth of Premium Motor Spirit (PMS), otherwise known as petrol in storage, to sufficiently and conveniently meet the local needs of Nigeria.The position of Africa’s richest person, counters that of the Nigerian…
