News
BREAKING! Dangote Crashes Petrol Price Below N900/Litre

Dangote Refinery has announced a significant reduction in petrol prices, with rates dropping to as low as N899 per litre for two million litres.
This move marks a continued effort by the refinery to stabilise the market and enhance supply to marketers.
It emerged that the new pricing structure offers petrol at N899.5 per litre for cash purchases of two million liters, with an additional two million liters available on a bank guarantee valid for 15 days from Access, Zenith, and First Bank.
For higher volumes, marketers can purchase 10 million liters at N895 per litre with an equivalent matching volume on the same bank guarantee terms.
Recall that in November, the refinery lowered its Premium Motor Spirit (PMS) price to N970 per litre, down from N990.
At the time, Dangote Refinery provided marketers with a N20 per litre discount to ease distribution costs.
The refinery’s latest price adjustment comes at a critical time for Nigeria’s energy sector, as stakeholders continue to navigate challenges surrounding fuel availability and affordability.
Market observers anticipate that the price reduction will alleviate some of the cost pressures on independent marketers and, by extension, consumers.
News
JUST IN: Ibas Appears Before Senate to Discuss Rivers State Budget

The Sole Administrator of Rivers State, Vice Admiral Ibok-Ete Ibas (retd.), has arrived at the Senate for the hearing on the ₦1.48 trillion budget of the state.

According to reports, Ibas was accompanied by other key officials, including members of the economic team to appear before Senate Ad-Hoc Committee on Emergency Rule in Rivers State.

The Senate had weeks ago reaffirmed its commitment to ensuring that the people of Rivers State were not shortchanged following the declaration of emergency rule by President Bola Tinubu on March 18, 2025.
Details later…
News
Court Grants Senator Natasha N50m Bail, Trial Set for September 23

The High Court of the Federal Capital Territory (FCT), sitting in Maitama, has granted bail to suspended Kogi Central Senator, Natasha Akpoti-Uduaghan, in the sum of ₦50 million.

Delivering the ruling on Tuesday, Justice Chizoba Orji dismissed the Federal Government’s request to have the senator remanded in prison custody pending the outcome of her trial. Akpoti-Uduaghan is facing a three-count criminal charge.
Justice Orji stated that the court found no justification to deny bail, noting that the defendant had shown a willingness to stand trial.

In addition to the bail sum, the court ordered Akpoti-Uduaghan to provide one surety—someone of integrity who owns a landed property within Abuja.
The decision was anchored on Section 36 of the 1999 Constitution (as amended), as well as Sections 163 and 165 of the Administration of Criminal Justice Act, 2015.
The court has fixed September 23 for the commencement of trial.
Senator Natasha is being arraigned on a three-count charge of alleged imputation intended to cause harm to Senate President, Godswill Akpabio.

The Trump Organization has revealed plans to manufactured smartphone christened Trump’s Smartphone (T1).
It said that T1 smartphone will be “built in the United States” in line with the U.S. President Donald Trump’s push for more stateside manufacturing.
Owned by U.S. President Donald Trump, the company on Monday announced that the T1, a gold-colored device would retail for $499.
The smartphone will run Google’s Android operating system.
CNBC reported that the Trump Organization says the phone will be “built in the United States” — but experts note the phone was likely designed and would be manufactured by a Chinese firm.
The device will have a 6.8-inch AMOLED display, a kind of screen that is made primarily by South Korean firm Samsung. LG, another South Korean firm, also produces the screen, as does Chinese firm BOE.
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