Author: Press Room

Nigeria’s dependence on imported petrol showed further signs of rebounding in July as supplies from domestic refineries dropped sharply, forcing a bigger contribution from foreign imports despite the country’s expanding refining capacity. Latest statistics on Nigeria’s midstream and downstream petroleum operations for July 2026, published on Monday, showed that domestic petrol supply fell by 21 per cent within one month, while petrol imports rose by nine per cent. The development points to the continuing challenge facing Africa’s largest oil producer as it seeks to replace decades of dependence on imported petroleum products with output from local refineries. The factsheet showed…

Super Eagles and Trabzonspor defender Chibuike Nwaiwu has revealed that his family is settled and happy in Turkey, waving away any potential move abroad this summer, Soccernet.ng reports. The 23-year-old defender was linked with a move to the Premier League, with Fulham reaching an agreement on personal terms with him before talks with Trabzonspor stalled over the transfer fee. Crystal Palace also entered the race later in the window.But Nwaiwu’s latest comments suggest that the situation is about more than football and money. His family has built a life in Trabzon, while the defender has also established himself as an…

By Anozie Egole Stakeholders have urged the adoption of sustainable measures to clean Nigeria’s waterways and unlock their full economic potential. These stakeholders stated this in Lagos during the official unveiling of the National Inland Waterways Authority-Pact Central Inland Waterways Clean-up Initiative. Speaking at the event, the Lagos Area Manager of NIWA, Sarat Braimah, explained that the essence of the gathering was for Pact Central to assist NIWA in cleaning the nation’s waterways. “We are unveiling Pact Central as a partner to NIWA. And what they are supposed to do is to help us in making sure that the inland…

The perennial power outages in Adamawa State may soon become a thing of the past as the North East Development Commission has commenced the installation of solar power systems across the state’s 21 local government areas. Speaking in an exclusive interview with Arewa Punch on Monday, NEDC’s Adamawa State coordinator, Alhaji Khalifa Lawan, said the project was being implemented under Pillar Seven of the commission’s master plan and was designed to boost small-scale business activities across the state. Lawan said the project would not only improve economic activities but also contribute to reducing criminal activities by providing lighting in communities.…

A rally of a few days has repriced an entire year of drift. The latest Microsoft Copilot AI price prediction leans into that, and the model predicts Ripple (XRP) reaching $4 to $7 by the end of 2026, with a base case near $5.XRP price trades at $1.50 as that call gets made. The August pump is what changed the math.Whales moved first. Accumulation exceeded 300 million XRP, tightening available supply before the move even registered on most screens.Then the leverage broke. A $1.25 billion short squeeze forced rapid liquidations and turned a quiet bid into a vertical repricing.Underneath the…

Super Eagles and Trabzonspor defender Chibuike Nwaiwu has addressed speculation surrounding his future amid interest from Premier League duo Fulham and Crystal Palace, Soccernet.ng reports. The 23-year-old has been the subject of intense transfer speculation throughout the summer, with several clubs reportedly looking to strengthen their squads with a move for the Nigerian defender. Nwaiwu only joined the Turkish club during the winter transfer window earlier this year, but he quickly established himself as an important member of the squad for the remainder of the 2025/26 season. The defender became a mainstay in Trabzonspor’s backline and played a key role in their…

Governor Bassey Otu of Cross River State has warned traditional rulers across the state that they risk losing their certificates of recognition if they fail to maintain peace in their domains. Otu, who was represented by his Deputy, Peter Odey, issued the warning on Monday during the 21st edition of the Leboku International New Yam Festival at the Yakurr Peace Stadium, Ugep. The governor’s warning followed the recent communal conflict between Ugep and Idomi communities in Yakurr Local Government Area, which reportedly led to the loss of lives. Otu condemned the conflict as a “show of shame”, saying traditional institutions…

Super Eagles winger Samuel Chukwueze has started his new chapter at AC Milan in style, with Ruben Amorim’s decision to deploy the Nigerian as a wing-back already producing encouraging early signs, Soccernet.ng reports. The former Fulham attacker was named Man of the Match after helping Milan secure a 2-1 victory over Torino in their opening Serie A fixture on Sunday. The Nigeria international provided the assist for Adrien Rabiot’s winning goal, while also showing a willingness to contribute defensively in a role that demands more than his traditional responsibilities as a winger. Samuel Chukwueze of AC Milan controls the ball…

By Agency Report An Oncologist, Dr Temitope Olatunji, has advised Nigerians to raise an alarm over any strange symptoms in their body to reduce sudden deaths arising from cancer. Olatunji, a Radiation and Clinical Consultant at the Lagos State University Teaching Hospital, made the call in an interview with the News Agency of Nigeria in Ota, Ogun, on Monday. She reiterated the need for people to embrace a yearly screening culture to avoid falling prey to diseases that could lead to untimely death. “Many people don’t take their health seriously, and they don’t raise an early alarm when they discover…

Prediction Market Polymarket traders price a House impeachment of Donald Trump before his term ends at roughly 68%, against a fraction of that, around 2%, for the same outcome landing before December 31, 2026. That 33x spread between two contracts asking a nearly identical question is the real story: it’s not a prediction that impeachment is coming, it’s a market pricing the calendar and congressional arithmetic separately from the politics.The Contract Split: Two Clocks, One PresidentPolymarket’s “Will Trump be impeached before his term ends?” market resolves “Yes” if the House passes at least one article of impeachment by simple majority…