Author: Abdoulaye Kay

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on all its members nationwide to patronise the Dangote Refinery in their purchase of PMS products, noting that the refinery already offers the best affordable price for all marketers, even as free delivery commences in January 2026. The association also expressed delight over a recent agreement by the Dangote Petroleum Refinery to begin the supply of Premium Motor Spirit (PMS) – also known as petroleum products directly to registered IPMAN members, in a statement signed and issued by the IPMAN National President Abubakar Maigandi Shettima. At a press conference held…

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Dangote Cement Plc, Ibese Plant, has reaffirmed its commitment to sustainable development and inclusive growth by distributing laptops and grinding machines to beneficiaries in its host communities in Ogun State. The gesture formed part of the company’s 2025 Host Community Day celebration, themed “Sustaining Growth, Strengthening Bonds,” which brought together government officials, traditional rulers, community leaders, and other stakeholders in a display of partnership and cultural unity. Speaking at the event, the Plant Director, Mr. Ayyagari Subbaraidu, described the Community Day as a vital platform for strengthening relationships with host communities and partners. Represented by the Chief General Manager (Maintenance),…

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A Federal Capital Territory (FCT) High Court in Abuja on Thursday dismissed the bail application filed by former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), against the Economic and Financial Crimes Commission (EFCC). The presiding judge, Justice Babangida Hassan, delivered the ruling after hearing arguments from both the prosecution and the defence. Malami’s counsel, Dr Sulaiman Hassan (SAN), urged the court to grant his client bail from EFCC custody, arguing that his continued detention during an ongoing investigation was illegal and unconstitutional. ALSO READ Malami to EFCC: Do not turn your agency into tool for political…

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The Independent Media and Policy Initiative (IMPI) has attributed the steady moderation in Nigeria’s inflation rate to the combined monetary, fiscal and structural reforms of President Bola Tinubu’s administration. In a statement signed by its Chairman, Dr Omoniyi Akinsiju, the policy think tank projected that inflation could ease further to about 14 per cent by the end of the year, based on a Predictive Regression analysis of key macroeconomic indicators. ALSO READ Inflation declines to 14.34% – Tinubu Akinsiju said the assessment drew from the Central Bank of Nigeria’s Purchasing Managers’ Index (PMI) and the Consumer Price Index released by…

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Aliko Dangote, chairman of the Dangote Group, has claimed that Ahmed Farouk, Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), spent approximately $5 million on the secondary education of his children in Switzerland. In a paid newspaper advertisement on Tuesday, Dangote stated that the sum covered four of Farouk’s children over a period of six years. ALSO READ Why I petitioned ICPC against Farouk — Dangote ALSO READ Ahmed Farouk: Dangote’s allegations against me, my family, ‘wild and spurious’ ALSO READ NMDPRA: Farouk, NUPRC’s Komolafe resign as Tinubu nominates new petroleum regulators On Monday, the…

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Nigeria has reiterated its commitment to economic stability and market-driven reforms as the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, met with senior business leaders and institutional investors in Washington, D.C. Cardoso spoke on Monday, December 15, 2025, at the U.S.–Nigeria Executive Business Roundtable, where he outlined Nigeria’s reform priorities amid growing global economic uncertainty. He stressed the country’s adherence to rules-based economic management, transparent markets, and predictable policy frameworks as key pillars for restoring investor confidence. The CBN governor highlighted recent reforms in the foreign exchange market, the adoption of orthodox monetary policy, ongoing banking…

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The Registrar of the Joint Admissions and Matriculation Board (JAMB), Prof. Is-haq Oloyede, has called on members of the Association of Registrars of Nigerian Universities (ARNU) to remain committed to their responsibilities as custodians of institutional memory, while adapting to the evolving demands of the 21st-century workplace. Prof. Oloyede made the call on Tuesday, December 9, 2025, while receiving a delegation of ARNU at JAMB’s National Headquarters in Bwari, Abuja. In his welcome address, the JAMB Registrar expressed delight over the visit and reminded the delegation that, as custodians of institutional memory, Registrars have a duty to mentor the next…

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The Joint Admissions and Matriculation Board (JAMB) has commenced the accreditation of examination centres for the 2026 Unified Tertiary Matriculation Examination (UTME). No fewer than 848 Computer-Based Test (CBT) centres are slated for the accreditation exercise, which began on Monday, December 15, 2025, across the country. Speaking at a virtual meeting with Chief External Examiners (CEEs), Chief Technical Advisors (CTAs), Zonal Directors, State Coordinators, representatives of the Computer Professionals Association of Nigeria (CPAN), ZITOs, SITOs, PITOs, and other critical stakeholders involved in the exercise, the Registrar, Prof. Is-haq Oloyede, thanked participants for responding to the Board’s call. He urged members…

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Retail foreign exchange traders, also known as Bureau De Change (BDC) operators, have expressed optimism that the Central Bank of Nigeria (CBN) will issue additional final operating licences in the coming weeks, following the approval of an initial 82 operators under its revised regulatory framework. The approvals, announced on December 8, 2025, mark a significant milestone in the CBN’s efforts to reform and sanitise Nigeria’s retail foreign exchange market. However, industry stakeholders say the number represents only a fraction of applications already submitted and capital raised, with expectations that more operators will soon receive approval. In May 2024, the CBN…

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