Subsidy Removal Fallout: Oil Marketers Ramp Up Borrowing, Pass Costs to Struggling Motorists

The removal of Nigeria’s longstanding fuel subsidy has triggered a seismic shift in the oil sector, with petroleum marketers resorting to massive bank borrowings to sustain operations—ultimately transferring the burden to motorists.Against the backdrop of skyrocketing product procurement costs and surging bank interest rates, oil marketing firms recorded a staggering 76.5% increase in bank borrowings,ContinueContinue reading “Subsidy Removal Fallout: Oil Marketers Ramp Up Borrowing, Pass Costs to Struggling Motorists”

Nigerian Businessman Undergoes Emergency Surgery to Remove 81 Cocaine Pellets from Stomach

In a shocking drug trafficking bust, a 59-year-old Nigerian businessman, Chijioke Nnanna Igbokwe, has undergone emergency surgery to remove 57 out of 81 cocaine pellets lodged in his stomach. The surgery, performed at a Lagos hospital, was necessitated after he failed to excrete the illicit drugs for seven days following his return from Ethiopia.Igbokwe wasContinueContinue reading “Nigerian Businessman Undergoes Emergency Surgery to Remove 81 Cocaine Pellets from Stomach”

Amaechi Not a Threat to Nigeria’s Peace, But a Champion of Democracy – Groups Fire Back at Matawalle

Two prominent organizations have strongly criticized the Minister of State for Defence, Hon. Bello Matawalle, over his recent remarks accusing former Rivers State Governor, Chibuike Rotimi Amaechi, of inciting the public against the Federal Government.The Initiative for Transparent Strategy and Good Leadership (ITSGL) condemned Matawalle’s comments, describing them as politically motivated and an attempt toContinueContinue reading “Amaechi Not a Threat to Nigeria’s Peace, But a Champion of Democracy – Groups Fire Back at Matawalle”

Tragic End: US-Based Nigerian Cardiologist Takes Own Life Over $15,000 Child Support Ruling

The Nigerian and African-American communities in the United States have been thrown into mourning following the tragic death of 36-year-old Nigerian-born cardiologist, Dr. Ikenna Erinne, who allegedly took his own life after losing a bitter child support battle.According to reports, the Anambra State-born medical professional, who had spent years building a successful career in theContinueContinue reading “Tragic End: US-Based Nigerian Cardiologist Takes Own Life Over $15,000 Child Support Ruling”

Dangote Refinery Slashes Petrol Price to N890, Pledges Economic Relief for Nigerians

In a move set to ease the financial burden on Nigerians, Dangote Petroleum Refinery has announced a significant reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol. The price has been slashed from N950 to N890 per litre, effective Saturday, February 1, 2025.The announcement was made via the refinery’s officialContinueContinue reading “Dangote Refinery Slashes Petrol Price to N890, Pledges Economic Relief for Nigerians”

Nigerian Justice Ministry Declares FOI Act Covers Private Institutions Using Public Funds

The Nigerian Ministry of Justice has reaffirmed that the Freedom of Information (FOI) Act extends beyond government agencies to private institutions that utilize public funds, underscoring the importance of transparency and accountability across all sectors.This was revealed during a high-level roundtable engagement in Abuja, organized by the Public and Private Development Centre (PPDC) in collaborationContinueContinue reading “Nigerian Justice Ministry Declares FOI Act Covers Private Institutions Using Public Funds”

Major Boost for Nigeria’s Fuel Supply as Port Harcourt, Warri Refineries Resume Operations

In a significant development for Nigeria’s energy sector, the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has announced that its members have begun loading petroleum products from the Port Harcourt and Warri refineries.The revelation was made via Nigerian Stories’ official X handle, signaling a potential relief for consumers amid persistent fuel supply challengesContinueContinue reading “Major Boost for Nigeria’s Fuel Supply as Port Harcourt, Warri Refineries Resume Operations”

IGP Egbetokun’s Tenure Valid and Binding: Attorney General Sets the Record Straight

By Chukwuemerie Uduchukwu Amid swirling debates and heightened public scrutiny, the tenure of Nigeria’s Inspector-General of Police (IGP), Kayode Adeolu Egbetokun, has sparked a storm of discussions across social media platforms. The controversy stems from concerns over the legal standing of his appointment and the duration of his service. However, a recent statement from theContinueContinue reading “IGP Egbetokun’s Tenure Valid and Binding: Attorney General Sets the Record Straight”

Double Standards? Sultan-Led NSCIA Rejected Christian Courts in 2016, Now Defends Sharia Courts in South-West

A fresh controversy has erupted in Nigeria over the proposed establishment of Sharia courts in the South-West, reigniting debates on religious tolerance and legal pluralism. The Nigerian Supreme Council for Islamic Affairs (NSCIA), led by the Sultan of Sokoto, Alhaji Muhammad Sa’ad Abubakar, has condemned opposition to the initiative, attributing the backlash to “intolerance.”In aContinueContinue reading “Double Standards? Sultan-Led NSCIA Rejected Christian Courts in 2016, Now Defends Sharia Courts in South-West”

Drama in the Pulpit: Pastor Paul Enenche Drops Case Against Omokri, Brother Alexander—Vows to Jail Former Pastor and Others for Defamation

Sahara Reporters has taken to it’s official X handle and announced that, In a dramatic twist to an ongoing legal battle, Pastor Paul Enenche, the Senior Pastor of Dunamis International Gospel Centre, has dropped cyberbullying and defamation charges against his younger brother, Alexander Enenche, and former presidential aide, Reno Omokri—but is doubling down on hisContinueContinue reading “Drama in the Pulpit: Pastor Paul Enenche Drops Case Against Omokri, Brother Alexander—Vows to Jail Former Pastor and Others for Defamation”