Friday , April 18 2025

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Naira appreciates against dollar for fist time this week

against

The Naira appreciated against the dollar as at the close of trading, Friday night, March 14 to halt the depreciation streak at the official foreign exchange market this week. This comes as the Naira strengthened to N1,550.36 per dollar on Friday for the first time in the week under review …

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Dangote Refinery reduces fuel price, again.

Dangote

Dangote Refinery has again, reduced the cost of fuel. This latest price drop comes after fuel landing cost dropped to N774.82 per litre, below Dangote Refinery’s N825 ex-depot prices. However, unlike in the price drop on February 26, 2025, Dangote Refinery did not officially announce the new price reduction. The …

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I know persons who paid to be appointed ministers, El-Rufai alleges

Chicago

Nasir El-Rufai has claimed that some persons paid money to become ministers in the President Bola Tinubu administration.  He made this claim during an interview with BBC Hausa. In July 2023, Tinubu sent the list of ministerial nominees, including El-Rufai, to the senate for screening and confirmation. However, the senate withheld the …

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US president Trump accused of charging $100 billion ‘protection fee’ to the ‘most powerful company in the world’

President

US President, Donald Trump has been accused of charging ‘the world’s most powerful company’ a $100billion fee in exchange for ‘protection.’ Earlier this month, Trump celebrated the $100billion investment from Taiwan Semiconductor Manufacturing Company during a surprise White House ceremony.  He boasted that it would create thousands of jobs for …

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