Dangote Refutes Claims Of Mass Sackings, Blames PENGASSAN For Crisis
The Dangote Group has denied widespread reports suggesting that the company carried out mass sackings at its refinery and other facilities. In a statement, the management clarified that no mass retrenchment has taken place, stressing that the reports were exaggerated and misleading. The company assured that it remains committed to creating jobs and sustaining the […]
Begging Culture In Nigeria Commercial Hubs
The issue of street begging has become a major concern in Nigeria’s commercial hubs such as Lagos, Abuja, Onitsha, and Kano. These cities, known for their economic activities, are also witnessing an increase in beggars who line the streets, motor parks, and marketplaces. For many, begging has shifted from a survival tactic to a growing […]
PENGASSAN Stops Gas, Crude Supply To Dangote Refinery
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has halted the supply of crude oil and gas to the Dangote Refinery. The union said the action was taken over unresolved issues between its members and the management, stressing that workers’ welfare and industry standards must not be ignored. According to reports, the […]
Naira Will Appreciate To ₦1,300 Per Dollar – BUA Chairman, Babiu
The Chairman of BUA Group, Abdul Samad Rabiu, has expressed optimism about the Nigerian currency, predicting that the naira will soon appreciate to around ₦1,300 per dollar. He made this remark while addressing concerns about the economic challenges facing the country, adding that efforts by the government and private sector are gradually stabilizing the economy. […]
Dangote Refinery Sacks Nigerian Employees For Joining PENGASSAN
The Dangote Refinery has come under fire after reports surfaced that some Nigerian employees were sacked for allegedly joining the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). The affected workers claim they were targeted simply for exercising their right to unionize, sparking outrage among labour groups and human rights advocates. PENGASSAN has […]
CAC To Deploy AI Agent As Company Registration Backlog Hits 7,000
The Corporate Affairs Commission (CAC) has announced plans to introduce an Artificial Intelligence (AI) agent to help clear the backlog of company registrations, which has now risen to over 7,000 pending applications. The commission explained that the delay was caused by increased demand for business registrations, limited manpower, and system inefficiencies. According to the Registrar-General, […]
Nigerians Have Been The Backbone Of Our Success — Apams Boss Declares @55
The Chief Executive Officer of Apams Funeral Services, Mr. Kevin Chukwumobi, has expressed gratitude to Nigerians as he marked his 55th birthday. Speaking at a thanksgiving event, he acknowledged that the company’s achievements over the years would not have been possible without the unwavering support and trust of Nigerians. According to him, the people remain […]
Monthly Average Bonny Light Crude Oil Prices (barrel/$) In 2025
In 2025, the price of Bonny Light crude oil has shown fluctuations each month. Based on publicly shared data from market watchers: Month Approximate Average Price (USD/barrel) January 80.76Â February 77.08Â March 74.44Â April 69.07Â May 65.90Â June 73.50Â July 73.18 Â As of May, CEIC data reports Bonny Light at $64.83/barrel , which aligns […]
Palestine Seeks £2 Trillion In Reparations From UK
The Palestinian Authority has demanded £2 trillion in reparations from the United Kingdom, citing Britain’s role in the 1917 Balfour Declaration, which paved the way for the creation of Israel. Palestinian officials argue that the declaration caused decades of displacement, suffering, and conflict for the Palestinian people. According to reports, Palestinian leaders believe the UK […]
CBN Removes 7 Banking Barriers For Nigerians Abroad
The Central Bank of Nigeria (CBN) has announced the removal of seven major banking barriers that have long made financial transactions difficult for Nigerians living abroad. This decision is aimed at making banking more seamless for the diaspora community, especially in areas like opening accounts, accessing online platforms, and sending or receiving remittances. The move […]