Oil Marketers Question NNPC’s Pricing of Dangote Refinery Petrol

The decision by the Nigerian National Petroleum Company Limited (NNPC) to sell petrol from the Dangote Refinery at prices higher than imported fuel has raised eyebrows among oil marketers in Nigeria. The Independent Petroleum Marketers Association of Nigeria (IPMAN) has questioned the logic behind this pricing strategy, arguing that it defeats the purpose of having…

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Egogonews Weekly Roundup

In case you slept a little bit too much last week, here’s what went down. We had quite some anxiety about the future of Dangote Refinery versus NNPC versus the Presidency versus Independent Marketers versus the Nigerian people and their state of anxiety with inflation. By week’s end, an outline of what the future might…

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The Impact of Parental Financial Support on Nigerian Youth: A Double-Edged Sword

In Nigeria, a growing number of young people are pursuing education and opportunities abroad, often with significant financial backing from their parents. While parental support can provide these young individuals with a comfortable lifestyle, it also raises concerns about their financial sensibilities and attitudes toward money. The Trend of Studying Abroad The exodus of Nigerian…

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Tinubu returning from a trip

President Tinubu Returns to Nigeria After Successful Trips to China and the UK

President Bola Tinubu has returned to Abuja following his official trips to China and the United Kingdom. His arrival at the Nnamdi Azikiwe International Airport on September 15, 2024, marks the conclusion of a significant diplomatic journey aimed at strengthening Nigeria’s international relations and securing vital agreements for national development. Highlights of the China Visit…

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OPEC predicts Dangote refinery will pressure Europe’s oil industry

The Organisation of Petroleum Exporting Countries (OPEC) has forecasted that Nigeria’s Dangote Refinery will significantly impact Europe’s oil industry, particularly in the Northwest Europe (NWE) gasoil market. The world’s largest single-train refinery, situated in Lagos, is expected to disrupt traditional diesel and jet fuel suppliers, exerting considerable pressure on Europe’s refined petroleum product market. In…

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Uganda Airlines Launches Direct Flights from Entebbe to Abuja

Uganda Airlines has officially commenced direct flight operations between Entebbe International Airport in Uganda and Nnamdi Azikiwe International Airport in Abuja, Nigeria. The inaugural flight, which took place on September 12, 2024, marks a significant milestone in enhancing connectivity between East and West Africa. Inaugural Flight and Reception The inaugural flight, designated UR 900, departed…

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Bishop Oyedepo Claims Divine Mandate for Increased Fees at Covenant University

In a recent address, Bishop David Oyedepo, the founder of Covenant University and the Living Faith Church Worldwide, defended the decision to increase tuition fees at the institution, asserting that the move was divinely inspired. During a telecast to a gathering in Jos, Oyedepo emphasised that the increase was not merely a financial decision but…

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