APC Crisis

Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N890 to N825 per litre, effective February 27, 2025. Under the new pricing arrangement, MRS outlets in Lagos will sell petrol at N860 per litre, while other locations will have varying prices: N870 per...

Business

News

U.S. Federal Workers Face Uncertainty as Musk’s Work Policy Triggers Backlash

Washington, D.C. – Widespread confusion erupted among U.S. federal workers following a controversial directive backed by billionaire Elon Musk, requiring employees to submit weekly reports detailing their work activities or risk termination. The email, sent by the Office of Personnel Management (OPM) on Saturday, asked federal workers to provide five examples of their tasks over...

Business

News

FG Directs Discos to Publish Meter Refund Details for Transparency

The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has mandated all electricity distribution companies (Discos) to publicly disclose refunds made to customers who purchased meters under the Meter Asset Providers (MAP) scheme. NERC announced the directive via its official social media platforms on Monday, emphasizing the need for transparency and consumer confidence in...