Business

Imported petrol is cheaper than Dangote fuel -World Bank

The World Bank has stated that imported petrol is about 12 percent cheaper than fuel supplied by Dangote Petroleum Refinery. The World Bank noted that the price differences reflect distortions in the domestic price structure amid soaring global crude oil prices. This was contained in the latest Nigeria Development Update released in Abuja on Tuesday, which noted that the current …

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Ahiazu Mbaise FA greets Nwaiwu for international call-up, Galatasaray Display

Post views: 79 By Silvernews The Ahiazu Mbaise Football Association has congratulated Chibuike Nwaiwu on his recent international call-up to the Nigeria men’s senior team and the impressive performance of his Turkish club, Galatasaray, over the weekend. The association’s coordinator, Uchi Agumuo, speaking to www.Silvernews.com.ng on the development, noted that the player has shown remarkable maturity over the years, …

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Ogun 2027: Iyabo Obasanjo meets Tinubu and declares his governorship ambitions

A former senator and governorship aspirant on the platform of the All Progressives Congress in Ogun State, Iyabo Obasanjo, on Monday held a closed-door meeting with President Bola Tinubu in Lagos, where he formally briefed him on his 2027 governorship ambitions. Sources privy to the meeting revealed that the discussion centered on Obasanjo’s plan to contest the Ogun State governorship …

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Trump puts the world on edge with the threat that an entire civilization will die tonight if the Iranian Ultimatum expires – THIS FACILITY

By Ayo Kehinde US President Donald Trump has issued a dramatic warning that “an entire civilization will die tonight” if Iran does not respect the American ultimatum to reopen the Strait of Hormuz, increasing global tensions and putting the international community in difficulty. In a post on his Truth Social platform on Tuesday, Trump described the ongoing situation as potentially …

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OPEC+ warns of costs to repair energy assets in the Middle East

Eight countries that form the core of the OPEC+ group of oil producers have expressed concern over Iran’s attacks on energy infrastructure as oil shortages persist amid the Middle East war. “Restoring damaged energy resources to full capacity is costly and time-consuming, thus affecting overall supply availability,” the countries said in a joint statement after an online meeting. They also …

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NGX: investors gain N208 billion as equity markets rebound

Investors in the Nigerian equity market earned N208 billion at the close of trading on Tuesday. Stocks return from Easter holidays in a bullish mood. This follows a surge in the prices of shares such as Trans-Exp, Omatek and Cadbury, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 202,023.1 points from 201,698.89 points …

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Amiyi Academy FC Thrash IMSU FC in their first anniversary match

Post views: 65 By Silvernews Amiyi Academy FC, Umuaka, celebrated its first anniversary in emphatic fashion on Sunday, April 5, 2026, with a resounding 5-0 victory over IMSU FC, Owerri, in a new football match held at Central School, Umuaka. The anniversary match, attended by a host of football dignitaries and stakeholders, lived up to expectations as Amiyi’s young …

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ADC crisis deepens as state presidents reject Mark, Bala factions and announce interim leadership

The leadership crisis rocking the African Democratic Congress (ADC) worsened on Tuesday as the party’s state chairmen dismissed rival factions led by David Mark and Nafiu Bala, declaring their actions illegal and announcing new interim leadership. The State Presidents Forum, speaking at a press conference in Abuja through the Abia State President, Don Obinna, accused both camps of hijacking the …

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David Mark’s leadership legally established – ADC releases INEC affidavit, warns against one-party agenda – THISAGE

By Victor Osula, Abuja The African Democratic Congress (ADC) has declared that David Mark remains the national president of the party, following the release of an affidavit before the Federal High Court, Abuja by the Independent National Electoral Commission (INEC), affirming his leadership. Made public on Tuesday via the party’s X address, ADC Vanguard, the release of the affidavit comes …

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