Seyi Tinubu, son of President Bola Ahmed Tinubu, has described his father as the greatest president in Nigeria’s history.
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Governor Siminalayi Fubara
The Naira ended the week positively on Friday, trading at N1,517.93 to a Dollar in the official market.
Dangote Petroleum Refinery on Friday reduced the loading cost of its petrol from ₦825 per litre to ₦815 per litre, further intensifying the pricing war in the downstream sector.
Report has it that marketers are taking advantage of the ₦10 reduction by sourcing petrol directly from the refinery instead of relying on depot owners who may be forced to embark on a downward adjustment of their price.
Meridian Spy learnt that the landing cost of imported petrol is ₦774.72 per litre.
The cost, which factors in various expenses, including shipping, import duties, and exchange rates, prompted retail marketers to opt for importation, ditching Dangote Refinery.
The landing cost was speculated to cause a reduction in pump price to ₦800 per liter, which may have prompted the latest reduction by the refinery.
Meanwhile, depots in Lagos are beginning to effect price changes, selling between ₦820 and ₦839 to reflect the new reduction offered by the refinery.
Depots like AA RANO and MENJ are selling at ₦830 per liter while WOSBAB and RAINOIL sell at ₦831. Bovas sells a litre at ₦826, likewise Integrated depot while AITEO changed its price from ₦832 to ₦827
Amid rising security concerns across Nigeria, the Senate has once again summoned top security chiefs, including National Security Adviser (NSA) Nuhu Ribadu, to appear before
The House of Representatives on Thursday considered and adopted the four tax reform bills.
Former President Olusegun Obasanjo has described the N15.6tn Lagos-Calabar Coastal highway project as wasteful and corrupt.
The Managing Director of the Nigerian Railway Corporation (NRC), Comrade Dr Kayode Opeifa, has assured that the corporation would leverage the success of the recently
Major oil marketers in Nigeria have moved to offer a lower price against the gantry loading cost of N825 per litre set by Dangote Petroleum Refinery.
House of Representatives has called on the Central Bank of Nigeria to suspend the implementation of the ey in Automated Teller Machine transaction charges given the economic situation in the country.
dramatic escalation of hostilities, Russia’s Defence Ministry announced on Tuesday that it had intercepted and destroyed 337 Ukrainian drones overnight, marking what officials
Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN)