latest
PRICE HIKE CONTROVERSY: Why Dangote Just Raised Petrol Prices While Global Crude Markets Crashed!.
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Price Adjustment: The Dangote Petroleum Refinery and Petrochemicals increased its petrol gantry price from ₦1,185 to ₦1,200 per litre, effective Wednesday, August 26, 2026.....KINDLY READ THE FULL STORY HERE▶
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Coastal Deliveries & Directives: Coastal prices also rose from ₦1,562,265 to ₦1,582,380 per metric tonne, with customers instructed to return their existing Authorisation to Collect (ATC) documents for repricing before new volume contracts are issued.
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Recent Hikes: This follows an earlier increase from ₦1,165 to ₦1,185 on August 21, 2026, marking a total gantry price increase of ₦35 per litre within a span of five days.
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Global vs. Local Market Trends: The price hike occurs despite a decline in global crude prices on Tuesday (with WTI at $82.13, Brent at $88.37, and Murban crude at $92.71 per barrel), amid ongoing energy market uncertainties driven by the U.S.-Iran conflict.
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latest
THE ULTIMATE SHOCKER: Sowore Drops A Bombshell And Accuses Amaechi Of Plotting To Poison Him!.
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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▶
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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.
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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.
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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.
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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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Crime
THE ULTIMATE RESCUE: How Gallant Troops Smashed A Bandit Hideout And Freed 14 Captives In A Rain Of Bullets!.
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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▶
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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.
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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.
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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.
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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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latest
THE ULTIMATE FOREIGN EXCHANGE VERDICT: What Every Nigerian Needs To Know About Today’s Dollar Rates!.
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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▶
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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.
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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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