MaTaZ ArIsInGDallas, Texas Dangote Refinery has disclosed the price of its petrol, revealing that it sells petrol at N960 per litre for ships and maintains a price of N990 per litre for trucks. The statement follows claims from the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Petroleum Products Retail Outlets Owners Association of Nigeria […] Read more
MaTaZ ArIsInGDallas, Texas Olukoyede detailed that from October 18, 2023, to October 18, 2024, the commission recovered N248.75 billion; $105.42 million; £53,133; €172,547; and other foreign currencies, including ¥74,859 Chinese Yuan and CFA 7,821,375 West African Francs. The Economic and Financial Crimes Commission (EFCC) has disclosed that over the past year, they recovered over N248 […] Read more
MaTaZ ArIsInGDallas, Texas According to reports by Bloomberg and Reuters, the Nigerian government has dropped money laundering charges against Tigran Gambaryan, an executive at Binance Holdings Ltd., who had been detained since February. Gambaryan, who serves as Binance’s head of financial crime compliance, was released to seek medical treatment abroad after the charges were dropped due to his […] Read more
MaTaZ ArIsInGDallas, Texas A US-trained Nigerian vascular interventional radiologist, Dr. Hammed Ninalowo and his team, have performed a pioneering stroke intervention in Nigeria. Ninalowo, who is currently running a practice at the Lagos Center for Endosvascular Neurosurgery, disclosed in a viral video obtained by Vanguard, that the intervention would help make care more accessible to […] Read more
MaTaZ ArIsInGDallas, Texas The Central Bank of Nigeria (CBN) has emphasised its commitment to the stability of the country’s financial system, highlighting that regular stress tests are conducted to identify potential vulnerabilities in banks. This is according to a statement by CBN’s Acting Director of Corporate Communications, Mrs Hakama Sidi Ali, on Tuesday. https://imasdk.googleapis.com/js/core/bridge3.670.0_en.html#goog_794739312Conquering t... Read more
MaTaZ ArIsInGDallas, Texas The Nigerian National Petroleum Company Limited (NNPC) has officially ceased its exclusive purchase arrangement with Dangote Refinery, opening the market for other petroleum marketers to buy petrol directly from the refinery. This significant development, reported by PREMIUM TIMES, shifts the market away from the NNPC’s exclusive purchasing role, providing room for marketers to […] Read more
MaTaZ ArIsInGDallas, Texas A significant reduction in petrol prices is anticipated in Nigeria following the confirmation of a deal between the Federal Government and Dangote Petroleum Refinery. Recall that in early September, the Technical Sub-Committee on Domestic Sales of Crude Oil in Local Currency announced that the Nigerian National Petroleum Company Limited (NNPC) will supply […] Read more
MaTaZ ArIsInGDallas, Texas Nigeria Experiences Drop In Petrol Imports After Fuel Subsidy Removal The National Bureau of Statistics (NBS) has reported a decline in petrol importation volumes in Nigeria, following the elimination of fuel subsidies initiated by President Bola Tinubu in May 2023. According to the latest petroleum products distribution statistics released by the NBS […] Read more
By Bola BOLAWOLE MaTaZ ArIsInGDallas, Texas It is a terrible thing when a man’s expectations are cut off. Proverbs 23: 18 says: “For surely there is an end; and thine expectation shall not be cut off” (King James version). Proverbs 24: 14 also says: “So shall the knowledge of wisdom be to thy soul: when […] Read more
MaTaZ ArIsInGDallas, Texas The NNPC’s Objective Is To Ensure The Reliable And Sustainable Operation Of These Refineries To Meet The Nation’s Fuel Supply Needs And Enhance Energy Security. The Nigerian National Petroleum Company (NNPC) Limited has unveiled plans to collaborate with private firms for the management and maintenance of its refineries in Kaduna and Warri. […] Read more