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By : Jolayemi Olajide Di Federal Gornment don tuk am again say dem dey ready to wire security for Niger Delta so that Nigeria fit start to drill more crude oil. Di Minister of Defence, Christopher Musa, tuk dis one after one closed-door meeting with big stakeholders inside di oil and gas sector for Port Harcourt Barracks, Rivers State. Musa tell journalists say things like sea piracy and armed robbery […]
By : Jolayemi Olajide Dangote Refinery don drop dia petrol price to ₦1,175 per litre for marketers. According to dia management, dis na to see whether transporter fit reduce tfair small Oil experts believe say dis move go make competition better and help keep fuel supply stable for all corner of Nigeria.
International Monetary Fund (IMF) don warn say Nigeria public external debt fit jump by over $20 billion reach $72.6 billion by 2027. Dem talk say election year spending pressure fit make borrowing even worse. For dia 2026 Article IV report wey dem release on Tuesday, IMF show say Nigeria external debt go rise from $51.9bn for 2025, go $66.5bn for 2026, before e finally reach $72.6bn for 2027, that one […]
By : Jolayemi Olajide Baba Govo of di Central Bank of Nigeria and members of di Monetary Policy Committee, Olayemi Cardoso don warn say election spending cause inflation gbege. Di warning come from MPC personal statements released after dia 304th meeting wey hold on February 23 and 24, 2026, wia dem reduce Monetary Policy Rate from 27 percent to 26.5 percent. CBN Govo Olayemi Cardoso say although inflation fit continue […]
The Trade Union Congress of Nigeria, TUC, don give Federal Government 14-day ultimatum to cancel the proposed five percent tax on petroleum products or make dem ready for nationwide strike. TUC President, Festus Osifo, for one statement on Monday, describe the policy as “economic wickedness” wey go make Nigerians wey already dey suffer go suffer more. According to the statement: “The Trade Union Congress of Nigeria (TUC) totally reject Federal […]
Naija don spend around $100,000 (N150 million) for one medium-range precision weapon wey fit put for drone, na wetin Chief of Defense Staff, General Christopher Musa talk. E talk say drone warfare no cheap at all, so dem gats dey careful where dem go use am to get better result. E give example say just two weeks ago, dem do one successful strike wey kill over hundred insurgents and […]
Nigerians dey belle dey run as transport price go up make food cost high and money no reach house. Petrol price don jump almost five times for 22 months, transport cost don increase by 20 to 100 percent, wey make food traders increase price for market because logistics cost don high. Because of dis wahala, many families no fit chop three square meal again, dem dey manage as e be. […]
Dangote Refinery Go Export 130 Million Litres Jet Fuel Go Saudi Arabia Dangote Petroleum Refinery don arrange three big cargo wey carry about 130 million litres of jet fuel go Saudi Arabia. Dis one dey happen after di refinery don first send jet fuel go United States. For March, dem don export more than two million barrels of jet fuel, wey show say di refinery dey shine for international energy […]
Ahonsi Unuigbe, Chairman of Nigerian Exchange Limited & CEO of Petralon Energy, Don Join Africa Oil Corp Board Ahonsi Unuigbe, wey be Chairman for Nigerian Exchange Limited and CEO of Petralon Energy, don get appointment to join Board of Directors for Africa Oil Corp, one company wey dey Toronto Stock Exchange (TSX). Dis appointment show say African and global capital markets don dey work together more. Unuigbe, wey sabi oil […]
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