MRS Hikes Petrol Price to N930, N950 in Lagos, Abuja
|By Adejumo Adekunle- • Hike follows Dangote Refinery’s halt of Naira sales• Other filling stations adjust pump prices MRS filling stations, a partner of Dangote Refinery, have raised the pump…
Green Africa Grounds Flights Over Aircraft Lessor Issue
|By Adejumo Adekunle- — Airline Apologises to Passengers— Vows Swift Resolution Nigeria’s domestic airline, Green Africa, has temporarily halted flight operations due to an unexpected issue with its aircraft lessor.…
Musk Targets $1 Trillion Spending Cut in 64 Days – Slashes Government Waste
|By Adejumo Adekunle- US President Trump’s Adviser Eyes $1 Trillion Federal Budget Reduction DOGE Has Already Saved Taxpayers $115 Billion – Musk White House-Backed Cost-Cutting Plan Nears Completion Elon Musk,…
IMF Appoints Tony Elumelu to Global Advisory Council on Entrepreneurship
|By Adejumo Adekunle- – Nigerian billionaire to champion Africa’s economic transformation– Council to tackle regulatory barriers to business growth– Elumelu’s Africapitalism vision gains global recognition The International Monetary Fund (IMF)…
UBA Reports Record Profit for 2024, Posts N766.6 Billion Net Profit
Babatunji Wusu – Record Net Profit: UBA’s after-tax profit surged to N766.6 billion, a 26.1% increase from N607.7 billion in 2023. Strong Interest Income Growth: Net interest income more than…
MultiChoice Slammed for Price Hike in Nigeria, Cuts Rates in South Africa
|By Adejumo Adekunle- – NGO accuses MultiChoice of double standards in pricing– FCCPC battles MultiChoice over alleged exploitative practices– Calls mount for NBC to dismantle MultiChoice’s market monopoly A Nigerian…
Dangote Refinery’s Dollar-Only Sales to Spike Fuel Prices, Weaken Naira
|By Adejumo Adekunle- – CPPE warns of looming petrol price surge– Forex market under pressure as naira faces depreciation risk– Investor confidence at stake amid shifting economic dynamics The Centre…
Fire Erupts at Port Harcourt Refinery, Quickly Contained
|By Adejumo Adekunle- – Blaze doused within 5 minutes, says Petroleum Retailers President– Follows twin pipeline explosions in Rivers State– Comes amid Tinubu’s state of emergency declaration A fire outbreak…
Dangote Refinery May Halt Domestic Fuel Supply, Stoking Market Jitters
|By Adejumo Adekunle- – Naira-for-crude deal faces stalled renegotiation– Refinery continues fuel exports as crude is sourced in dollars– Dangote Group spokesperson denies knowledge of supply halt Nigeria’s downstream oil…
Trump Greenlights Coal Energy Revival Amid Backlash
|By Adejumo Adekunle- – President touts coal as vital for America’s energy needs– Slams environmental critics as “thugs, lunatics, extremists”– Defends coal as a “clean” backup for AI-driven power demand…
