News

The latest adjustment was contained in an official communication issued to customers on Tuesday by the refinery’s Group Commercial Operations.

Inflation is slowing, external reserves have climbed, and several major companies are reporting stronger profits. At the same time, borrowing remains expensive, food prices are still putting pressure on household budgets, and investors can now earn relatively high returns from fixed-income instruments.

The funds were raised through eight Federal Government of Nigeria bond auctions conducted by the Debt Management Office during the period, as investors continued to show strong appetite for government securities despite the government’s cautious approach to borrowing costs.

The disagreement erupted after Paul Ibe, one of Atiku’s media aides, said the former Vice President would temporarily restore petrol subsidy if elected, and subsequently phase it out after giving the economy time to recover. However, another aide, Phrank Shaibu, swiftly rejected that interpretation, describing it as “an unauthorised, imprecise and materially misleading characterisation” of Atiku’s position.

The President's directive came after gunmen reportedly invaded several communities in the remote Borgu area of the state on Friday, August 21, killing residents, attacking worshippers and taking an unspecified number of people into nearby forests.

The exercise, which will cover APC wards across the country, is expected to provide an opportunity for existing members to validate their membership records while opening the door for new members and supporters seeking to join the party.

The international human rights organisation said at least 10,217 people were killed in attacks across Benue, Niger, Katsina, Kebbi, Plateau, Sokoto and Zamfara states, while hundreds of villages were sacked by armed groups.

The Ijaw Youth Council (IYC) Worldwide says it remains committed to securing a peaceful resolution to the legal dispute between Dr Azibapu Eruani, President of Azikel Group, and Mr Kariyai Daukoru.

The initiative is designed to address one of Nigeria’s long-standing infrastructure gaps: the difficulty of accurately identifying and locating people, businesses and properties, particularly in areas where formal street addresses are limited or unreliable.

Oil marketers said some financial institutions are partnering with vehicle owners and prospective CNG users to finance cylinder installations, reducing the upfront cost of switching from petrol.