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Another petrol tanker explodes in Oyo

A petrol tanker has exploded again in Oyo State, just days after a similar accident. This new explosion happened on Tuesday in the Aduloju area, along the Lagos/Ibadan Expressway in Ibadan, the state capital. The tanker was carrying petrol, also called Premium Motor Spirit (PMS), when it caught fire. The General Manager of the Oyo […]

China removes 125% tariff on US ethane import

China has removed a 125% tariff on ethane imported from the United States. This tariff was put in place earlier this month but has now been dropped for a group of products that received special exemptions. This decision is expected to help Chinese companies that use US ethane in making chemicals. It also helps the […]

Delta defections: PDP fights back, vows legal battle to reclaim mandate

The Peoples Democratic Party (PDP) is getting ready to go to court after many of its top leaders in Delta State left the party and joined the All Progressives Congress (APC). This includes the state governor, Sheriff Oborevwori, his deputy Monday Onyeme, and former governor Ifeanyi Okowa. They officially moved to APC on April 23, […]

Businessman, E-Money, reportedly released from EFCC custody

Popular businessman E-Money has been released from EFCC custody after his arrest on April 28 over alleged abuse of Naira and Dollar notes at a party. Blog Post:Popular Nigerian businessman, Emeka Okonkwo, also known as E-Money, has been released from the custody of the Economic and Financial Crimes Commission (EFCC). His close friend, Pascal Okechukwu, […]