OPEC has reported that the Dangote Refinery is impacting the petrol market in Europe. The refinery, which began operations in January 2024 and started producing petrol in September, has significantly reduced Nigeria’s need to import petroleum products from Europe. This has led to a decrease in petrol imports from Europe to Nigeria. The Dangote Refinery, with a capacity of 650,000 barrels per day, has been exporting petrol, diesel, and aviation fuel to various countries within and outside Africa. OPEC’s report suggests that the continued production and export of petrol from the Dangote Refinery will likely affect the European petrol market…
Author: Akintayo Adams
Ghana’s annual inflation rate has risen significantly to 23.8% in December 2024, driven primarily by soaring food prices. This marks the highest inflation rate in eight months, with food inflation reaching 27.8%. Related || Inflation rises to 34.8% in December The Ghana Statistical Service (GSS) reported that key food items, such as yams and vegetables, experienced drastic price hikes. The depreciation of the Ghanaian cedi and structural issues in the economy have also contributed to the inflationary pressures. Policymakers are urged to address both monetary and real-sector issues to stabilize prices and ease the cost-of-living crisis. Get instant and latest…
Oyo State Governor, Sèyí Mákindé, has approved the appointment of newly recruited civil service employees. This decision is part of the governor’s ongoing efforts to reduce unemployment and improve the efficiency of the state’s civil service. The Chairman of the State Civil Service Commission, Alhaji Kamorudeen Aderibigbe, announced the development, highlighting the administration’s commitment to positively engaging the people of Oyo State. The recruitment said to be the first of its kind in the history of Oyo State, covered about 60 cadres across Ministries, Departments and Agencies, including Education Officers for 35 teaching subject areas in schools under the Ministry…
The Deputy Chief Whip of the House of Representatives, Adewunmi Onanuga, has passed away. Her demise was announced in a statement issued by the House Spokesman, Akin Rotimi, on Wednesday evening. “It is with profound sorrow that the House of Representatives announces the passing of Rt Hon Adewunmi Onanuga, who, until her demise, served as the Deputy Chief Whip of the House, representing the Ikenne/Sagamu/Remo North Federal Constituency of Ogun State. “She passed away earlier today, January 15, 2025, after a brief illness. “Representative Onanuga, born on December 2, 1965, was a dedicated public servant, a visionary leader, and a…
Israel and Hamas have agreed to a ceasefire deal to end the 15-month conflict in Gaza. The agreement, facilitated by Qatar, Egypt, and the United States, includes the release of dozens of hostages held by Hamas and Palestinian prisoners held by Israel. Additional Details: This ceasefire is seen as a significant step towards reducing violence and bringing some relief to the people affected by the conflict. However, the situation remains complex, and the long-term resolution will require continued negotiations and cooperation. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.
Protesting students of Moshood Abiola Polytechnic in Abeokuta, Ogun State, attacked the convoy of Deputy Governor Noimot Salako-Oyedele on Wednesday. The incident occurred while she was en route to the 35 Artillery Brigade Alabama to represent Governor Dapo Abiodun at the 2025 Armed Forces Remembrance Day Celebrations. The students, armed with sticks and other dangerous objects, damaged some of the security vehicles and injured several security operatives who were trying to maintain order. The Special Adviser to the Governor on Information and Strategy, Kayode Akinmade, confirmed the attack in a statement. Akinmade explained that the students became more agitated upon…
Afrobeats singer Tiwa Savage has made a bold claim about the Nigerian music industry. The singer sparked concerns after sharing a video of herself swimming with what looked like sharks. Reacting, Savage told fans not to worry, claiming that the sharks in the music industry are more dangerous than those in the waters. “Everyone worried about me swimming with sharks, but the ones in this music industry are way more f*cking dangerous,” she wrote via her Instastory. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.
Nigeria, in 2024, generated approximately ₦50.88 trillion from crude oil sales. This was revealed in an industrial data. This revenue exceeded the initial projection of $50.68 billion due to fluctuations in oil prices and the depreciation of the Naira. Data obtained from the Nigerian Upstream Petroleum Regulatory Commission confirmed that Nigeria produced a total of 408,680,457 barrels of crude oil in 2024. With condensates included, Nigeria’s total oil production for 2024 amounted to 566.79 million barrels, according to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The Statista Research Department, a global statistical firm, reported on January 9, 2025,…
Popular Nigerian singer, Darlington Achakpo, also known as Speed Darlington, has reportedly being arraigned in court and granted bail. One of his lawyers, Deji Adeyanju, disclosed this in a post on X.com on Wednesday. Adeyanju wrote, “Police finally arraigns Speed Darlington in court. “Bail application moved and granted. We are trying to perfect same.” Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.
Former Liverpool boss, Jürgen Klopp, has said he would throw a party if Manchester City are stipped of their titles by the Premier League, due to breaches of financial regulations. The Reds finished runners-up behind City twice while Klopp was in charge. Pep Guardiola’s men pipped Liverpool first in 2018-19 and again in 2021-22. The Premier League referred City to an independent commission in February 2023 over 115 alleged contraventions of financial rules dating from 2009 to 2018. The club have always denied any wrongdoing. During his first public appearance as Red Bull’s head of global soccer, Klopp was asked…