YouNewsng Discover. Succeed. Enjoy

The Nigerian National Petroleum Company Limited has increased the price of Premium Motor Spirit, otherwise known as petrol, from N855 per litre to N998 per litre. The increase in the price of petrol, which came on Wednesday, was noticed at the pumps at all NNPCL depots in Lagos State. The new development is a 12.7 percent or N113 increase from ...

Minister of state for Petroleum Resources (oil), Heineken Lokpobiri, on Tuesday has adjusted a trending news . News has itthat he charged the Nigerian National Petroleum Company Limited (NNPCL) to shelve running of its refineries and take equity in private refineries. He however said“My attention has been drawn to statements made by Engr. Kamoru Busari, Director of Upstream in the ...

The Minister of Aviation and Aerospace Development, Festus Keyamo, has confirmed the approval of an airstrip for Canaanland, the property known to be sitting the Living Faith Church in the Ota area of Ogun State. Founder of the Church, also known as Winners Chapel, David Oyedepo, was seen in a short video celebrating the development, telling the congregation of the ...

Lagos, NIGERIA—Union Bank of Nigeria, in continuation of its on-going efforts to improve the standard of Nigerian education, has partnered with Nigeria Breweries, makers of Maltina malt drink, as the official financial sponsor of the 10th-anniversary edition of the Maltina Teacher of the Year Award. The bank is supporting this year’s anniversary edition, themed ‘A decade of inspiring excellence in ...

A student of The Ambassadors’ College, Ota, Ogun State, Miss Iremide Ogunyemi, has won N2 million cash, a publishing deal worth N2 million and another N2 million to upgrade her school’s library after emerging the star prize winner of the inaugural edition of the Fidelity Bank organized Read2Lead writing competition. This was disclosed at the competition’s prize presentation event held ...

The Federal Government has approved Dangote Refinery as the exclusive supplier of jet fuel for Nigeria’s airline operators. This was disclosed by the Minister of Aviation and Aerospace Development, Festus Keyamo, during an interview with Channels TV on Tuesday. Keyamo revealed that with his approval and backing, the airline operators agreed to designate the 650,000 barrels per day refinery as ...

President Bola Ahmed Tinubu has extend subsidy removal to pilgrim matters. From now on, each intending pilgrim will pay almost N10million for hajj fare. The National Hajj Commission of Nigeria (NAHCON) has stated that the federal government will not subsidise hajj payment for pilgrims in 2025. Government subsidy is mostly in the form of concessionary rate which allows pilgrims to ...

A damning report has recommended that the Governor, Central Bank of Nigeria (CBN) should forthwith dissolve the Board and Management of Guaranty Trust Bank Limited so as to allow thorough investigations. They also called for the suspension of Segun Julius Agbaje as Group CEO of Guaranty Trust Holding Company Plc and retrieve from him all files or documents relating to ...

Nigerian oil company, Oando Plc, has been shortlisted by the Trinidadian government as one of three final contenders to take over the country’s state-owned refinery, Petrotrin. Oando is thriving,Oando Plc in August just completed a $783m acquisition of Nigerian Agip Oil Company, thus increasing the company’s interest in the different joint venture assets. The acquisition has also given Oando control ...

Rivers State is tension soaked as we speak and there are signs state of emergency may be declared ! President Bola Ahmed Tinubu on Monday,expressed deep concern over reports of arson and explosions in the state. He urged all political actors to de-escalate the situation. There are calls for it, for obvious reasons, but Governor Fubara is saying not yet, ...