Author: bibncollar

The National Bureau of Statistics (NBS) has revealed that the average retail price of Premium Motor Spirit (petrol) rose from N1,288.54 per litre in March to N1,532.93 in April 2026. In its April Petrol Price Watch report released in Abuja, the NBS stated that the new price represents an 18.97 per cent increase compared to March figures. On a year-on-year basis, petrol prices also climbed by 23.69 per cent from N1,239.33 recorded in April 2025. According to the report, Yobe recorded the highest average petrol price at N1,599.05 per litre, followed by Edo at N1,595.74 and Bauchi at N1,589.07.…

The Nigeria Centre for Disease Control and Prevention (NCDC) on Thursday issued a Public Health Advisory to healthcare workers across the country, urging heightened preparedness against a possible outbreak of Ebola Virus Disease (EVD). Although no confirmed case linked to the current regional outbreak has been recorded in Nigeria, the agency warned that the country remains at high risk of importing the virus due to increased international travel, porous borders and heavy cross-border movement within the region. In the advisory signed by its Corporate Communications Division, the NCDC called on healthcare workers to remain vigilant and strengthen preparedness measures…

Arsenal’s enterprise value has climbed sharply by 23 per cent to €4.9 billion (about N7.84 trillion), highlighting the club’s remarkable financial growth ahead of its recent sporting achievements, including its first Premier League title in 22 years. According to the latest European club valuation rankings released by Football Benchmark, the North London club rose two places to fifth among Europe’s most valuable football institutions. The valuation, based on financial results from the 2024/2025 season, does not yet account for the expected commercial boost from Arsenal’s 2025/2026 Premier League title success. Arsenal are also preparing for a major European showdown…

A rocket developed by exploded during a test at the company’s launch facility in , sending a massive fireball into the sky and prompting an investigation into the cause of the incident. The explosion occurred around 9:00 p.m. local time during a hotfire test ahead of a scheduled launch mission. Footage from the scene showed the rocket bursting into flames and engulfing parts of the test area. In a statement shared on social media, Blue Origin confirmed that it had “experienced an anomaly” during the test but noted that all personnel were safe and accounted for. Company founder later addressed…

Dangote Petroleum Refinery has reduced its depot price for diesel by ₦200 per litre, bringing the cost down from ₦1,800 to ₦1,600 effective May 26, 2026. The reduction comes as increased petroleum imports into Nigeria continue to boost product supply and heighten competition within the downstream oil market. Industry insiders said the influx of imported fuel products at Nigerian ports has placed pressure on domestic pricing, contributing to the latest adjustment in diesel costs. A representative of the Petroleum Products Retail Outlets Owners Association of Nigeria reportedly stated that the growing volume of imports has improved fuel availability and influenced…

Meta Platforms has started rolling out new subscription services for Facebook, Instagram and WhatsApp as the company moves to reduce its dependence on advertising revenue. The new “Plus” subscription tiers will give users access to premium features, including profile customisation tools, advanced reactions, expanded engagement options and enhanced Story functions. Users can subscribe to Instagram Plus, Facebook Plus or WhatsApp Plus for monthly fees ranging from $2.99 to $3.99, depending on the platform. Announcing the launch, Meta’s Head of Product, Naomi Gleit, said the company plans to continue expanding the subscription packages with additional features over time. According to her,…

The European Commission has approved the emergency distribution of an experimental antiviral drug to France, Spain and the Netherlands as authorities respond to a widening hantavirus outbreak linked to a cruise ship. European health officials confirmed that initial shipments of favipiravir, an antiviral considered a possible treatment for hantavirus infections, are being sent to the affected countries following urgent requests for medical assistance. According to the Commission, the European Medicines Agency identified favipiravir as the most appropriate treatment option currently available for compassionate use and clinical trial programmes, since there is no approved medication specifically developed for hantavirus infections.…

Legal counsel to Nigerian singer, Simi, has revealed that she and her team reviewed more than 5,000 tweets allegedly targeted at trolling and harassing the music star online. The lawyer and entertainment executive, Oyinkansola Fawehinmi, popularly known as Foza, made the disclosure during an appearance on the JayOnairLive show, where she criticised the sustained cyberbullying directed at Simi and her husband, Adekunle Gold. Foza questioned why the singer was subjected to coordinated online attacks, especially during her pregnancy, stressing that the intention appeared to be to emotionally break her down. According to her, “We went through over 5,000 tweets of…

The United States Treasury on Wednesday announced fresh sanctions targeting Iran’s newly created Persian Gulf Strait Authority, accusing Tehran of using the strategic Strait of Hormuz to pressure global maritime trade and generate revenue. US Treasury Secretary Scott Bessent said the Iranian government’s move to collect fees from vessels passing through the waterway showed that sanctions pressure had weakened the country’s finances. According to the Treasury Department, any individual or company paying the imposed fees could also face sanctions for allegedly supporting Iran’s Revolutionary Guards. Bessent stated that US measures had already blocked Iran from accessing tens of…

Former Vice President Atiku Abubakar has secured the presidential ticket of the African Democratic Congress (ADC) ahead of the 2027 general election, defeating former Minister of Transportation Rotimi Amaechi and economist Mohammed Hayatu-Deen in the party’s primary. Atiku polled 1,846,379 votes to beat Amaechi, who garnered 540,117 votes, while Hayatu-Deen finished third with 177,120 votes. The result was announced by returning officer Tunde Ogbeha, after which ADC National Chairman David Mark presented the party flag to Atiku as its standard bearer for the 2027 presidential election. The development sets the stage for another fierce three-way contest similar to the…