NIGERIAN DEPOT OWNERS INCREASE PETROL PRICE OVER DANGOTE REFINERY PLANNED SHUTDOWN

Several petroleum products depot owners and marketers in Nigeria have increased their ex-depot petrol price over the alleged planned shutdown of Dangote Refinery’s petrol unit for maintenance and upgrades. Speaking on the plan, Devakumar Edwin, Vice President of Dangote Industries, explained that In most departments, production levels went beyond 100 percent, but just needed to […]

Read more

ARMY BUSTS CRIMINAL GANG IN DELTA, RECOVERS ARMS, AMMUNITION

Troops of the Nigerian Army 63 Brigade/Sector 1, Joint Task Force, South-South, Operation Delta Safe have busted a criminal gang in Oshimili North Local Government Area of Delta State, and recovered assorted arms and ammunition from the hoodlums, contained in a statement signed and released by Captain Iliyasu Bawa-Rijau, Acting Assistant Director, Army Public Relations, […]

Read more

RESIDENT DOCTORS TO RESUME STRIKE JANUARY 12

The National Association of Resident Doctors on Saturday announced plans to resume its Total, Indefinite and Complete Strike (TICS 2.0) on January 12, 2026, to press home its demands, following resolutions reached at its Emergency National Executive Council meeting on Friday. This was disclosed in a statement shared on X, and signed by its President, […]

Read more

BANKS’ BAD LOANS SPIKE AFTER CBN WITHDRAWS FORBEARANCE

Nigeria’s banking sector recorded a rise in bad loans in 2025 after the Central Bank of Nigeria withdrew the regulatory forbearance granted to lenders during the COVID-19 pandemic, according to the apex bank’s latest macroeconomic outlook report. The report showed that the banking industry’s Non-Performing Loans ratio climbed to an estimated seven per cent, exceeding […]

Read more
Title
.