Category: Business
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IPMAN BLAMES FUEL PRICE HIKE ON DEREGULATION….
IPMAN Blames Fuel Price Hike on Market Deregulation Amid Public OutcryChinedu Ukadike, PRO of the Independent Petroleum Marketers Association of Nigeria (IPMAN), says the recent jump in petrol prices reflects market deregulation, where prices fluctuate based on crude oil costs, exchange rates, and operational expenses. Following a N50 increase at NNPC outlets and up to…
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IRAQ REOPENS AIRSPACE TO INTERNATIONAL FLIGHTS
Iraq Reopens Airspace to International Flights Amid Improved SecurityThe Iraqi Civil Aviation Authority (ICAA) announced the reopening of its airspace to international flights after assessing improved security following the Israel-Iran conflict. ICAA President Bangin Rekani highlighted Iraq’s readiness to maintain top safety and air traffic control standards. Reopening boosts Iraq’s role as a key air…
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EUROPEAN GAS PRICES PLUNGE OVER 12%
European Gas Prices Plunge Over 12% After Israel-Iran CeasefireEuropean natural gas prices took a sharp dive, dropping more than 12% in early trading as news broke of a ceasefire between Israel and Iran. The benchmark TTF contract fell to €35.40/MWh, down from around €41 the previous day, bringing prices back to levels seen before the…
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GUINNESS RECORD HOLDER T-JOS TEAMS UP WITH ODION IGHALO TO EMPOWER NIGERIAN YOUTHS
Guinness Record Holder T-Jos Teams Up with Odion Ighalo to Empower Nigerian YouthsNigerian barber Joshua Aiyenuro, aka T-Jos, who set the Guinness World Record for the Longest Hairdressing Marathon (154 hours), has secured Super Eagles star Odion Ighalo’s support for his youth empowerment plan. T-Jos aims to establish 1,000 barbing seats across Nigeria, offering skill…
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THUNDERSTORM KILLS 32 COWS IN OGUN STATE
Thunderstorm Kills 32 Cows in Ogun, Police ConfirmOgun Police have confirmed that 32 cows died during a thunderstorm on Saturday in Osara community, Odeda LGA. The herders reported finding their livestock lifeless after heavy rain and intense lightning struck the nearby forest. Police say no injuries or foul play were detected, and the incident is…
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MALAYSIA-NIGERIA PALM OIL TRADE
Malaysia-Nigeria Palm Oil Trade Boosts Bilateral Ties and InvestmentMalaysia’s High Commissioner to Nigeria, Aiyub Omar, says the booming palm oil trade is strengthening ties between the two nations. Palm oil makes up about 50% of Malaysia’s $600 million exports to Nigeria in 2024, highlighting deep agricultural collaboration. Omar noted a growing Malaysian community in Nigeria,…
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NIGERIA AND BENIN SEAL PACT TO BOOST REGIONAL INTEGRATION AT WAES SUMMIT
Nigeria and Benin Seal Pact to Boost Regional Integration at WAES SummitAt the inaugural West Africa Economic Summit (WAES) in Abuja, Nigeria and Benin signed a landmark agreement to deepen bilateral integration and set a model for ECOWAS cooperation. Presidents Bola Tinubu and Patrice Talon led the ceremony, with officials from both countries putting pen…
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NIGERIA NAVY DESTROYS ILLEGAL OIL REFINING DUMP SITE IN DELTA
Nigerian Navy Destroys Illegal Oil Refining Dump Site in DeltaThe Nigerian Navy Ship (NNS) Delta has taken a big step in the fight against illegal oil refining by destroying a dump site in Obotebe Community, Burutu LGA. Commander Commodore Abdulazeez Zubairu shared that Navy personnel uncovered the site on June 19 during Operation Delta Sanity…
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NEW DATES ANNOUNCED FOR 2025 ZENITH BANK WOMEN’S BASKETBALL LEAGUE
New Dates Announced for 2025 Zenith Bank Women’s Basketball League!The Nigeria Basketball Federation (NBBF) has just revealed updated dates for the 2025 Zenith Bank Women’s Basketball League to ensure smooth logistics and give teams enough prep time. Here’s the scoop: Atlantic Conference prelims will tip off in Benin from July 21 to 29. Savannah Conference…
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KANO GOVERNOR PLEDGES N2bn TO REBUILD…
Kano Governor Pledges ₦2 Billion to Rebuild Farm Centre GSM Market After FireKano State Governor Abba Yusuf is stepping up with a ₦2 billion boost to rebuild and upgrade the Farm Centre GSM Market, recently damaged by fire. During a visit to the market, he promised traders and leaders full support to not only restore…
