Subsidy removal: FG saves N400bn in four weeks

The Federal Government has so far saved about N400bn as a result of the removal of subsidy on Premium Motor Spirit, popularly called petrol, since May 31, 2023, when the initiative was officially implemented, oil marketers stated on Thursday. Also, the oil dealers stated that there was a high possibility for the cost of petrol…

Read More

First Transshipment Vessel Arrives Lekki Port

The management of the Lekki Deep Seaport has announced that Rimbaud has become the first transshipment vessel to berth at the port. Making this known in a series of tweets on Friday, the port management said the ship operated by CMA CGM, has a Length Overall of 270m, a breadth of 42.8m and 6,900 Taus…

Read More

How we killed Ondo naval officer — suspects

The Ondo State Police Command on Thursday paraded the three suspects arrested in connection with the alleged killing of a naval officer, Sub. Lt. Samuel Akingbohun. The suspects also disclosed how the naval officer was killed. Akingbohun was allegedly killed by the suspects during an argument between the deceased and an okada rider in the…

Read More

Bloomberg ranks Dangote Africa’s richest man, Bill Gates 4th in world

President of Dangote Group, Aliko Dangote, has maintained his position as Africa’s richest man, despite a fluctuating Nigerian currency against the dollar, according to the Bloomberg Billionaires Index. Dangote’s wealth was valued at an impressive $15.6 billion in the recently released daily top billionaire lists on Tuesday, placing him at the pinnacle of African billionaires…

Read More