Petrol consumption in Nigeria leaped by 340 million litres within a space of one month, figures released by the Nigerian National Petroleum Corporation showed on Sunday.

Petrol consumption in Nigeria leaped by 340 million litres within a space of one month, figures released by the Nigerian National Petroleum Corporation showed on Sunday. Providing data contained in its March 2021 financial and operations report, the oil firm said 1.75 billion litres of Premium Motor Spirit, popularly called petrol, was consumed in March 2021. Findings have shown that from the corporation’s earlier report the consumption in February 2021 […]

August 2, 2021 13

ENTERTAINMNET

South African star actor and producer, Shona Ferguson is dead. Reports confirm that the 47-year-old filmmaker passed on Friday July 30 from Covid-19 complications.

South African star actor and producer, Shona Ferguson is dead. Reports confirm that the 47-year-old filmmaker passed on Friday July 30 from Covid-19 complications. Born Aaron Arthur Ferguson, the co-founder of Ferguson films was famous for roles in popular television shows 'Muvhango', 'Isidingo' and 'The Queen'. In 2020, Ferguson's Netflix partnership 'Kings of Joburg' premiered on the streaming platform to impressive reviews. The actor who doubled as show creator starred […]

August 2, 2021 155

ENTERTAINMNET

Nigerian rapper, Erigga on Saturday announced the end of his relationship with Emirate Records.

Nigerian rapper, Erigga on Saturday announced the end of his relationship with Emirate Records. He has been signed to the label since 2016. In five years with Emirate Records, Erigga has gone from a talented Warri rapper to releasing six bodies of work and also receiving two Headies nominations. In a statement on his Instagram page, Erigga also announced his new label, Area To The World INC, presumably owned by […]

August 2, 2021 254

ENTERTAINMNET

Daughter of Nigerian billionaire, Tolani Otedola, has revealed that for over a year, she has been battling with an ailment.

Daughter of Nigerian billionaire, Tolani Otedola, has revealed that for over a year, she has been battling with an ailment. The songstress took to her Instagram account on Tuesday to reveal her ordeal. According to her, the treatment of the ailment has affected her appearance and confidence. However, she assured her friends and fans that she is recuperating. Tolani further thanked her friends and family who reached out to her […]

July 29, 2021 475

BUSINESS

The Senate has demanded a refund of funds totalling N665.8bn which were allegedly diverted by the Office of Accountant General of the Federation from the Solid Mineral Development Fund and Stabilisation Fund to ministries, departments and agencies of the Federal Government.

The Senate has demanded a refund of funds totalling N665.8bn which were allegedly diverted by the Office of Accountant General of the Federation from the Solid Mineral Development Fund and Stabilisation Fund to ministries, departments and agencies of the Federal Government. The beneficiaries, according to the Office of the Auditor General of the Federation, included Independent National Electoral Commission, Ministry of Power, Nigerian Army, as well as former President Goodluck […]

July 29, 2021 11

SPORTS

Andy Murray’s bid for a third Olympic gold medal ended on Wednesday

Andy Murray’s bid for a third Olympic gold medal ended on Wednesday as the former world number one and partner Joe Salisbury lost to Croatia’s Marin Cilic and Ivan Dodig in the quarter-finals of the men’s doubles. The British pair led Cilic and Dodig by a set and a break but suffered a late collapse as the Croatians prevailed in a deciding tie-break to win 4-to-6, 7-to-6 and 10-to-7. Murray […]

July 28, 2021 30

SPORTS

D’Tigers of Nigeria lost against Germany in their basketball second group game at the ongoing Tokyo 2020 Olympic Games.

D’Tigers of Nigeria lost against Germany in their basketball second group game at the ongoing Tokyo 2020 Olympic Games. The Nigerians blew an 11-point lead from the third quarter to lose in the game that ended 99-to-92. The game ended 21-to-24 in the first quarter in favour of the Germans, Nigeria led in the second quarter 29-to-26, drew 24-to-24 in the third quarter and lost 18-to-25 in the fourth quarter. […]

July 28, 2021 16

BUSINESS

The naira exchanged to the dollar at 503 at the parallel market on Friday according to the Bureau de Change operators.

The naira exchanged to the dollar at 503 at the parallel market on Friday according to the Bureau de Change operators. Figures obtained from naijbdcs.com, the official website for the licensed BDCs by the Central Bank of Nigeria showed that the naira was bought and sold for 502 and 503.5. The naira had earlier traded at 504/$ early in July. At the Investors & Exporter forex window, […]

July 26, 2021 3

BUSINESS

Ahead of the two-day Monetary Policy Committee meeting starting on Monday, a financial expert has said the Central Bank of Nigeria is expected to retain the Monetary Policy Rate.

Ahead of the two-day Monetary Policy Committee meeting starting on Monday, a financial expert has said the Central Bank of Nigeria is expected to retain the Monetary Policy Rate. The CBN had at its meeting in May retained the MPR at 11.5 per cent, the Cash Reserve Ratio and Liquidity Ratio at 27.5 per cent and 30 per cent respectively. Speaking with reporters a former President, Association of National Accountants […]

July 26, 2021 19

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