Author: News Room
Nigeria’s spending on the importation of Premium Motor Spirit, popularly known as petrol, plunged by over 96 per cent in the first quarter of 2026, marking a dramatic shift in the country’s fuel supply landscape and signaling the growing impact of local refining capacity. Latest foreign trade statistics released by the National Bureau of Statistics on Monday showed that only N87.401bn was spent on the importation of Motor Spirit Ordinary, the official trade classification for petrol, between January and March 2026. The figure represents a sharp decline of N2.184tn, or 96.15 per cent, compared to the N2.271tn spent on petrol…
Iran’s football federation on Tuesday said the United States has revoked its allocation of tickets for its World Cup group games, accusing the co-host of obstructing the attendance of Iranian supporters under the shadow of a bitter diplomatic row. The US has presented a number of bureaucratic hurdles for Iran at the global football spectacle, including refusing to issue visas for some of its support staff, as the two countries remain at war after the US and Israel attacked the country in late February. “With less than three days remaining until the start of the 2026 World Cup… the United…
Bitcoin (BTC) rallied toward $64,000 on Monday, but futures market activity was lagging, which may be a sign that the rebound could lose momentum. Traders placed nearly $162 million in buy orders between $57,000 and $59,000, forming one of the largest visible liquidity clusters below the current pricing, potentially setting the stage for BTC’s next move. Bitcoin rebound follows a leverage resetBitcoin’s recovery coincided with a decline in futures market activity. Futures data shows that the aggregated open interest fell to 255,000 BTC from 282,000 BTC during the selloff and even though Bitcoin has recovered from its drop to $59,000, the…
Love Island USA‘s Beatriz Hatz made some revelations about her dating history — including the significant age difference between her and her ex. During the Monday, June 8, episode of the Peacock series, Beatriz, now 25, spoke with Gabriel Vasconcelos about the relationships she had in the past and mentioned an ex-boyfriend, saying, “I had two adult relationships. I dated this guy for three years but we would break up and get back together. It wasn’t healthy. He was a lot older than me.” Gabriel asked the exact difference and Beatriz mentioned a 20-year age gap. In response, Gabriel said…
The federal government plans to extend the existing Lagos rail network to the domestic and international terminals of the Murtala Muhammed Airport (MMA) as part of efforts to improve connectivity and strengthen the state’s position as an aviation hub in Africa. The Minister of Aviation and Aerospace Development, Festus Keyamo, announced the plan on Monday at the opening of Invest Lagos 3.0, an investment forum organised by the Lagos State Government. Mr Keyamo said discussions were underway between his ministry and the Lagos State Government on the project, which will connect the rail line terminating at Ikeja Bus Stop to…
Nigeria’s newly appointed minister of power, Joseph Tegbe, has vowed that electricity supply across the country will witness notable improvement, but expressed reservations on the prospects of Nigerians getting immediate access to round-the-clock electricity. The minister made the disclosure on Monday after his swearing-in ceremony in Abuja, expressing confidence that ongoing reforms in the sector will soon yield desired results. “I am not promising a magic wand. I am not promising twenty-four hours, seven days a week power. We will get there ultimately,” the minister said. “What I promise Nigerians is that we will see visible improvements,” he stated, adding…
Nigerian rapper and entertainer Folarin Falana, known professionally as Falz, has released the official music video for his single Omoge, weeks after the song first arrived on streaming platforms. Released on 20 March, Omoge takes its title and rhythm from a Sir Shina Peters sample, the juju legend whose 1989 album Ace (Afro-Juju Series 1) helped define an era of Nigerian music and gave rise to what fans popularly called “Shinamania.” By building on that foundation, Mr Falana and producer Aykbeats again visit a beloved chapter of Yoruba musical heritage and reintroduce it to a younger audience. The video The…
Chairman of the Lagos State Joint Negotiating Council, JNC, Domingo Michael Adeleke, has died in Geneva after a brief illness. Adeleke was in Switzerland as part of Nigeria’s delegation to the 114th Session of the International Labour Conference (ILC) in Geneva. The deceased reportedly became ill and was later taken for medical attention but subsequently passed away. His death was confirmed by an official of the Nigeria Labour Congress, NLC, who described Adeleke as a committed trade unionist dedicated to the welfare of workers. “It is with deep sorrow that the Nigeria Labour Congress and the entire trade union movement…
Bashir Ahmad, former media aide to late ex-President Muhammadu Buhari, says the Nigeria Democratic Congress, NDC, Vice-Presidential candidate, Rabi’u Kwankwaso cannot stay in any party he does not enjoy total control. Ahmad made this statement in a post on his verified X handle on Monday. He was reacting to the recent crisis in the North West NDC, particularly in Kano State, where the party replaced some of the candidates. The replacement was said to be done to implement a power-sharing agreement reached between factions of the Kwankwasiyya Movement ahead of the 2027 general elections Airing his own opinion, Ahmad said,…
No fewer than four hostages and a solider were reported killed during a kidnapping incident targeting Chinese expatriates in Magbon Village, Mowe area of Obafemi-Owode Local Government, Ogun State. DAILY POST had earlier reported that gunmen suspected to be kidnappers stormed the dredging site popularly called Capo in the early hours of Monday. According to eyewitnesses, one of the military personnel, protecting the people, was killed while another sustained gunshot injuries. DAILY POST learnt that during the bush-combing exercise, a local hunter supporting the operation lost his life in an encounter with the fleeing criminals. Confirming the incident, in a statement on Tuesday, the Assistant…
