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UNBEARABLE BURDEN: Petrol Prices Spike Again, Sending Shockwaves Through States!.

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1 month ago

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  • Rising Fuel Prices and Market Impact: Premium Motor Spirit (PMS) prices have surged up to ₦1,400 per litre across various parts of the country, driven by climbing international crude oil prices due to Middle East tensions.....KINDLY READ THE FULL STORY HERE▶

    • Depot and Refinery Adjustments: Ex-depot prices have increased across multiple depots in Lagos, Warri, and Calabar. Meanwhile, the Dangote Refinery resumed naira-based gantry loading at a raised price of ₦1,215 per litre after a brief suspension and a temporary dollar-denominated pricing phase.

    • State-by-State Variations:

      • Abuja & Lagos: Commuters face higher transport costs (up to 40% more on certain routes), while drivers struggle with daily operational uncertainties and slim margins.

      • Ibadan: Fares remain relatively stable despite pump prices ranging from ₦1,260 to ₦1,300 per litre, as drivers absorb losses to accommodate struggling passengers.

      • Ilorin: Major and independent stations hiked pump prices by ₦35 to ₦85 per litre, pushing stations like NNPCL to ₦1,305.

      • Kaduna & Adamawa: Prices spiked past ₦1,350 to nearly ₦1,370 per litre, with transport operators monitoring the market before adjusting fares.

      • Kano: Transport fares remain largely unchanged as tricycle operators wait for market stability.

      • Maiduguri: Filling stations sell between ₦1,370 and ₦1,390 per litre, pushing inter-state travel fares (such as Maiduguri to Kano) up to ₦25,000.

    • Expert and Stakeholder Reactions: Experts like Professor Dayo Ayoade attribute the hikes to Nigeria’s deregulated downstream sector under the Petroleum Industry Act, noting that local prices are directly vulnerable to global shocks because domestic crude supply arrangements remain constrained. Analysts and economists have called for deeper structural interventions to shield citizens from the persistent cost-of-living crisis.

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THE ULTIMATE SHOCKER: Sowore Drops A Bombshell And Accuses Amaechi Of Plotting To Poison Him!.

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5 hours ago

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August 26, 2026

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  • Post-Conference Exchange: Following their heated clash at the Nigerian Bar Association (NBA) conference in Port Harcourt, African Action Congress (AAC) presidential candidate Omoyele Sowore revealed on Arise News that he called former Rivers State Governor Rotimi Amaechi to demand an apology.....KINDLY READ THE FULL STORY HERE▶

    • The “Poison” Joke: Sowore recounted that instead of apologizing, Amaechi invited him over for food and drinks, to which Sowore playfully responded that he declined out of fear of being poisoned because he knew Amaechi was upset.

    • Democratic Credentials: Defending his political background, Sowore argued that his pro-democracy activism created the very political space that allowed politicians like Amaechi—who is the African Democratic Congress (ADC) vice-presidential candidate—to serve in high offices like speaker, governor, and minister.

    • Clash Over Records: Their initial disagreement ignited when Sowore criticized Amaechi’s record on railway projects and fuel subsidies, prompting Amaechi to defend his infrastructure projects and tell Sowore to “close his mouth” while politicians were speaking.

    • Economic Stance & Leadership View: Reaffirming his opposition to the removal of petrol subsidies, Sowore maintained that true leadership should be measured by vision, problem-solving, and commitment rather than merely holding past government positions.

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THE ULTIMATE RESCUE: How Gallant Troops Smashed A Bandit Hideout And Freed 14 Captives In A Rain Of Bullets!.

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5 hours ago

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August 26, 2026

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  • Successful Rescue: Nigerian Army troops from Sector 2, Operation FANSAN YAMMA successfully rescued 14 kidnapped victims from bandits in Zamfara State’s Tsafe Local Government Area.....KINDLY READ THE FULL STORY HERE▶

    • Swift Intervention: Acting on intelligence regarding suspicious movements near Magazu village, the troops intercepted armed criminals who were attempting to abduct motorists and other civilians.

    • Gunfight and Fugitive Bandits: After engaging the suspects in a firefight, the troops forced them to abandon their vehicle and flee into the surrounding bushes.

    • Casualties and Treatment: While no military personnel were harmed, one rescued victim sustained gunshot wounds and was promptly admitted to the General Hospital in Tsafe for treatment.

    • Ongoing Operations: The military emphasized that this successful mission is part of broader, continuous efforts by Operation FANSAN YAMMA to dismantle criminal networks and secure local communities.

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THE ULTIMATE FOREIGN EXCHANGE VERDICT: What Every Nigerian Needs To Know About Today’s Dollar Rates!.

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5 hours ago

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August 26, 2026

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  • Black Market Rates: On Tuesday, August 25, 2026, Bureau De Change (BDC) sources at the Lagos parallel market reported that the US dollar was sold at ₦1,407 and bought at ₦1,398.....KINDLY READ THE FULL STORY HERE▶

    • CBN Official Rates: Meanwhile, official Central Bank of Nigeria (CBN) figures recorded a highest rate of ₦1,350 and a lowest rate of ₦1,345 for the USD to NGN exchange.

    • Important Disclaimers: The CBN does not officially recognize the parallel market and advises individuals to conduct forex transactions through commercial banks. Additionally, actual market prices may vary depending on the platform or dealer.

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