•Nigerians protest The power shortage across Nigeria may worsen as suppliers have reduced the amount of gas they supply to thermal power plants. It would be recalled that the Nigerian Independent System Operator (NISO) had stated that thermal power plants require an estimated 1,629.75 million standard cubic feet of gas per day to operate at [&...
•Fuel pump The Nigerian Midstream and Downstream Petroleum Regulatory Authority has reported a significant decline in fuel consumption for June 2025, with total fuel evacuation falling to 1.44 billion litres. The Director of Public Affairs, NMDPRA, George Ene-Ita, confirmed in a report today that daily fuel consumption had averaged 48 million ...
Nigeria’s oil revenue is being threatened by the decline of oil prices below $60 per barrel, reaching levels reminiscent of the devastating downturn experienced during the peak of the COVID-19 pandemic. Brent crude, global oil price, fell by 5.09 percent to $59.62 per barrel at 12.30 PM WAT while US West Texas Intermediate fell by […]
•Binance chief, Tigran Gambaryan The federal government has dropped all charges against an executive at Binance Holdings, Tigran Gambaryan on health grounds. Gambaryan has been facing money laundering trial from detention since April, reports Channels TV. A Counsel for the Economic and Financial Crimes Commission (EFCC), announced the withdraw...
•Babalola, Ooni and Farotimi The founder and chancellor of Afe Babalola University, Ado-Ekiti (ABUAD), Aare Afe Babalola has dropped all criminal charges against human rights lawyer, Dele Farotimi following the intervention of Ooni of Ife, Oba Adeyeye Ogunwusi. Babalola who stated this yesterday, said the Ooni and other prominent traditional r...
•Defence chief, General Christopher Musa Nigeria’s Armed Forces has dropped to 39th in the 2024 Global Firepower (GFP) rankings globally. This marks the third consecutive decline after being ranked 36th in 2023 and 35th in 2022, reports Vanguard. 145 countries were considered in the annual Global Firepower review. On the African continent, the...
•Taiwo Awoniyi The market value of Super Eagles and Nottingham Forest striker Taiwo Awoniyi has declined by €6 million, according to the latest player valuations released on Monday by renowned football statistics platform, Transfermarkt. The 27-year-old forward’s valuation has fallen from €28m to €22m within just three months, reports The PUNC...
•Phyna Big Brother Naija winner, Phyna, has announced her decision to drop her family surname, Otabor, revealing a lack of connection with her family. In a heartfelt post shared on X (formerly Twitter) yesterday, the reality show star opened up about her emotional struggles and ongoing search for answers about her origins. She wrote, “I [&hell...
South Africa’s unemployment rate decreased for the first time this year, dropping to 32.1 per cent in the third quarter, down from 33.5 per cent in the previous quarter, the country’s official statistics agency reported today. Africa’s largest and most industrialised economy has for years struggled with high unemployment, with women and youth ...
•US model Bella Hadid Adidas said today it had dropped vocal pro-Palestinian model Bella Hadid from an advertising campaign for retro sneakers referencing the 1972 Munich Olympics, which were overshadowed by a massacre of Israeli athletes. The German sportswear giant recently relaunched the SL72, a shoe first showcased by athletes at the 1972 ...

