NewsReports

Nigeria’s decision to eliminate fuel subsidies has had a significant impact, resulting in the collapse of a thriving black market in West African nations. This informal sector, which played a central role in the region’s economic activity, has been disrupted as the price of cheap contraband Premium Motor Spirit, better known as petrol, from Nigeria suddenly doubled. In a report …

President Bola Tinubu has returned to Lagos from his international trips to Paris and London respectively. The President, on Tuesday, arrived at the Murtala Muhammed International Airport in Lagos at exactly 05:13pm. Tinubu was received by supporters and high-ranking members of the ruling All Progressives Congress (APC) including Governor Babajide Sanwo-Olu of Lagos state, amid warm display by colourful members …

NNPC says it acquired OVH Energy, however, it now appears to workers of NNPC Retail that it was OVH Energy that did the acquisition. A wave of excitement filled the atmosphere when the Nigerian National Petroleum Commission Limited (NNPCL), last October,  announced the acquisition of OVH Energy Marketing Limited, the company behind the Oando Retail brand in West African countries. The then board chairperson …

The home of the President of the Nigeria Labour Congress, NLC, Comrade Joe Ajaero in Lagos has been gutted by fire. The entire building according to reports was razed to the ground without a pin salvaged. The mystery fire which was said to have started from the roof was allegedly preceded by some strange noise which family members present initially …

United States-based Physician, Dr. Uyi Philip Igbinadolor, was last Saturday bestowed with the prestigious Exceptional Contribution Award by the Association of Nigerian Physicians in the Americas (ANPA) at a gala event that marked the Association’s 2023 convention. Igbinadolor, President of U Phillip Igbinadolor DMD & Associates P.A. whose Award was presented by ANPA President Emeritus, Dr. Michael Etomi at the …

•Okonjo-Iweala urges business leaders to push for ‘re-globalisation’, trade reforms Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, has reiterated the call for “re-globalisation,” saying deglobalisation poses an enormous risk to developing countries, including Nigeria. She added that global prosperity would be adversely affected if trade is allowed to fragment into rival blocs. Speaking at the 13th World Chambers …

There are strong indications that the national average price of petrol will rise further as marketers benchmark costs against rising exchange rates. Marketers who spoke to Vanguard yesterday, against the backdrop of continued depreciation of the naira, said the implication would be that their cost has also increased beyond the figure used in fixing current pump prices. The current national …

The newly appointed service chiefs have promised to respect human rights while discharging their constitutional mandates. This is as they promised to rid the country of the insecurity bedevilling it. The Chief of Defence Staff, Major General Christopher Musa, stated this on behalf of other service chiefs when they visited the Ministry of Defence in Abuja on Monday. However, Musa …

Following a visit to Nigeria by Assistant Secretary for Energy Resources Geoffrey R. Pyatt, the United States Department of State, today announced the formation of an Energy Security Dialogue with Nigeria to advance collaboration on “our shared energy and climate goals.” According to a statement made available to Alltimepost.com by the Office of the Department’s Spokesperson, this dialogue will bring …

Colorado Springs, Colo. (AP) — The person who killed five people at a Colorado Springs nightclub in 2022 was sentenced to life in prison on Monday, after victims called the shooter a “monster” and “coward” who hunted down revelers in a calculated attack on a sanctuary for the LGBTQ+ community. During an emotional courtroom hearing packed with victims and family …