Otedola Urges DAPPMAN to Embrace Innovation Amid Refinery Dispute
Business mogul and philanthropist, Mr. Femi Otedola, has advised the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) to embrace innovation or risk obsolescence amid its ongoing dispute with the Dangote Refinery. In a statement, Otedola congratulated Aliko Dangote on the refinery’s success, describing it as a historic milestone for Nigeria’s energy independence and […]
Dangote Unveils 1,000 CNG Trucks, Dismisses Monopoly Claims
President of Dangote Group, Aliko Dangote, has dismissed allegations of monopoly in Nigeria’s petroleum downstream sector as the company rolled out 1,000 Compressed Natural Gas (CNG) trucks in Lagos on Monday. Speaking at a press conference, Africa’s richest man revealed that the company had already invested ₦2 trillion in trucks and logistics. He said 4,000 […]
Dangote Refinery Begins Direct Petrol Supply in 11 States Sept 15
The Dangote Petroleum Refinery has announced that it will commence direct supply of petrol to retail outlets across the country from September 15. The refinery disclosed this in a post on its official X page on Thursday, saying the scheme would launch in 11 states before gradually expanding nationwide. According to the statement, petrol will […]
Trump Signs Executive Order Slashing Tariffs on Japanese Cars in Landmark U.S.–Japan Trade Deal
U.S. President Donald Trump on Thursday signed an executive order reducing tariffs on Japanese car imports from 27.5% to 15%, a significant move aimed at easing trade tensions and offering relief to global automakers like Toyota, Honda, and Nissan. The decision formalizes a landmark trade agreement first unveiled in July, under which nearly all Japanese […]
Amid Harvest Season, Farmworkers and Employers Feel Strain from Tighter Immigration Policies
As tomato season peaks in California’s Central Valley, Lidia, a longtime farmworker, is busy in the fields—but she’s also on edge. More than two decades after crossing the U.S.-Mexico border without documentation, she fears the growing reach of immigration enforcement could abruptly end the life she’s built. “The worry is they’ll pull you over while […]
Trump Administration Ends Tariff Exemption for Small Packages
A long-standing tariff exemption for low-value imports officially ended at 12:01 a.m. Friday, meaning all packages under $800 entering the United States are now subject to duties. The move closes the “de minimis” loophole, which President Donald Trump had already eliminated earlier this year for shipments from China and Hong Kong. Administration officials say extending […]
Air Peace to Launch Direct Lagos–Brazil Flights in November 2025
Air Peace, Nigeria’s national carrier, has announced plans to commence direct flights from Lagos to Brazil in November 2025. The move follows President Luiz Inácio Lula da Silva’s approval for the airline to operate flights between Lagos and São Paulo, under a bilateral air services agreement (BASA) signed during President Bola Tinubu’s recent state visit […]
Judge Orders Musk to Face Lawsuit Over $1 Million-a-Day Giveaway
Elon Musk must face a lawsuit accusing him of misleading voters into signing a petition during the 2024 election campaign with the promise of winning his $1 million-a-day giveaway, a federal judge has ruled. US District Judge Robert Pitman in Austin, Texas, found that plaintiff Jacqueline McAferty plausibly alleged that Musk and his political action […]
Obasanjo Library Demands ₦2.5bn Compensation Over EFCC Raid
The Olusegun Obasanjo Presidential Library (OOPL) in Abeokuta, Ogun State, has issued a seven-day ultimatum to the Economic and Financial Crimes Commission (EFCC), demanding ₦2.5 billion for alleged reputational and financial damages caused by what it described as a “malicious” raid on its premises on August 10. At a press conference on Wednesday, OOPL Managing […]
Trump Demands Resignation of Intel CEO Over China Ties, Intensifying Pressure on U.S. Chipmaker
President Donald Trump on Thursday called for the immediate resignation of Intel’s newly appointed CEO Lip-Bu Tan, accusing him of being “highly conflicted” due to past investments in Chinese firms, some reportedly linked to the Chinese military. The demand has sparked concerns about leadership stability at a critical time for the American semiconductor giant. In […]
