Author: Miracle obenson

Fuel Price Reduction: A Drop in the Ocean as Transport Fares Remain High Nigerians have expressed frustration and disappointment over the failure of transporters to reduce transport fares despite the recent decrease in fuel prices. The reduction in fuel prices, which was sparked by the Dangote refinery’s decision to lower its ex-depot price from N970 to N899.50 per liter, has not been reflected in the transport fares charged by drivers and transport operators. <<PREVIOUS: Nigeria’s Untapped Export Potential Now $3bn – ITC Many Nigerians have taken to social media to express their discontent, with some pointing out that the increase…

ITC Reveals Nigeria’s $3bn Unrealised Export Potential: A Golden Opportunity Nigeria’s unrealized export potential is estimated to be $3 billion, according to data from the International Trade Centre. The report highlights key export commodities in Nigeria, including urea, cocoa, and cashew nuts, which have significant untapped potential. Urea, for instance, has an actual export value of $987 million, with an additional $520 million in unrealized potential. Cocoa exports are valued at $708 million, with $404 million in untapped potential, while cashew nuts have $220 million in actual exports and $437 million in unrealized potential. <<PREVIOUS: Exclusive: Retailers Begin Loading From…

PETROAN Confirms: P’Harcourt Refinery to Supply Fuel to Retailers from This Week The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has announced that marketers and retailers of petroleum products will begin loading fuel from the Port Harcourt Refining Company this week. According to the Publicity Secretary of PETROAN, Joseph Obele, the refinery has been supplying fuel to retail outlets owned by the Nigerian National Petroleum Company Limited (NNPCL) since it commenced operations in November. <<PREVIOUS: SEC Cracks Down On Ponzi Schemes: New Measures To Protect Investors In 2025 However, Obele expressed concerns that the NNPCL has been selling…

SEC Vows to Take Action Against Fraudulent Operators in 2025 The Securities and Exchange Commission is gearing up to tackle Ponzi schemes and pyramid schemes in 2025, with a strong focus on developing Nigeria’s commodities market. According to Dr Emomotimi Agama, the Director-General of the SEC, the commission will intensify efforts to stamp out these schemes and create a more transparent and trustworthy environment for investors. The SEC’s 2025 agenda will prioritize market integrity, investor confidence, and economic growth, with a dual mandate of regulating and developing the Nigerian capital market. READ ALSO: Teenage Boy Steals Millions, Spends Big On…

Brighton Draw Sparks Frustration in Arsenal Camp Arsenal midfielder Thomas Partey has revealed the emotional state of the team’s dressing room after their disappointing 1-1 draw with Brighton on Saturday. The Gunners had taken the lead through Ethan Nwaneri’s first-half goal, but their advantage was cancelled out by Joao Pedro’s second-half penalty, a decision that sparked controversy and frustration among the Arsenal players, manager, and fans. <<PREVIOUS: Teenage Boy Steals Millions, Spends Big On Love And Luck Speaking to the club’s website, Partey admitted that the team was feeling “sad” and “frustrated” after the match, which saw them lose ground…

19-year-old Apprentice Steals Millions From Boss, Spends ₦500k On Girlfriend, ₦420k On Betting A shocking story has emerged on social media about a 19-year-old apprentice who allegedly stole millions of naira from his boss over a period of two years. The details of this stunning revelation were shared on X, formerly known as Twitter. According to the post, the young man diverted funds for various personal expenses, including giving ₦500,000 to his girlfriend, spending ₦420,000 on betting, sending ₦750,000 to his parents, and saving over ₦1.7 million in his account. He also used substantial amounts on frivolous expenditures. <<PREVIOUS: Burna…

Burna Boy Keeps His Word, Gifts $30K to Cubana Chief Priest’s Brother Grammy-winning Nigerian artist Burna Boy has fulfilled his promise to provide financial support to Bethel Okechukwu, a phone repairer from Alaba Market, who claims to be the brother of socialite Cubana Chief Priest. This gesture comes amidst Burna Boy’s ongoing feud with the socialite. Previously, the singer had shared a video of Okechukwu, highlighting his struggles to make ends meet, and pledged to gift him $30,000. Okechukwu had also revealed plans to establish a shop with the funds and promised to show Burna Boy the progress. In a…

Delta Commissioner of Police Orders Re-Arrest of Fugitives The Commissioner of Police in Delta State, CP Olufemi Abaniwonda, has issued a directive for the immediate re-arrest of two suspects, Ovakporaye Jobome (also known as Rogers) and Debi, who allegedly escaped from police custody. Additionally, the police commissioner has summoned the Divisional Police Officer of the Ovwian/Aladja Division, CSP Bulus Musa, along with his team, to provide an explanation for the circumstances surrounding the incident. <<PREVIOUS: Murder Suspect Arrested By Police In Delta – Latest According to reports, the escape occurred following a petition submitted by the Aladja Community in Udu…

Police nabs murder suspect in Delta State The Delta State Police Command has apprehended a 30-year-old suspect, Daniel Onyejekwe, in connection with the murder of Christian Goodluck, which occurred on New Year’s Day in Sapele. According to a statement released by the Delta State Police Public Relations Officer, SP Bright Edafe, on social media platform X (formerly Twitter), the incident took place when Onyejekwe intervened in a quarrel between Goodluck and his mother. <<PREVIOUS: Nigerians Skeptical Of New Prophecies After 2024 Failures Reports indicate that the situation escalated into a physical altercation between Onyejekwe and Goodluck, during which both men…

Nigerians Question Accuracy of Prophecies After 2024 Disappointments Nigerians are expressing skepticism about the latest prophecies from popular pastors and prophets, following a string of unfulfilled predictions in 2024. Every year, many Nigerians look forward to the declarations of respected and popular religious leaders, hoping for insight into the country’s fortunes and future. However, the accuracy of these prophecies has been called into question, with many failing to materialize. <<PREVIOUS: Warri Refinery: Marketers Now Await Petrol Loading In 2024, several prominent pastors and prophets made predictions about economic recovery, political events, natural disasters, and national security. However, the reality of…