A surge in international crude oil prices has been reported, reaching $107 per barrel. This increase is attributed to ongoing tensions between the US and Iran.
As a result, a further increase in petrol prices is expected. The situation is being closely monitored, and developments are unfolding.
Further information on this situation can be found through additional reporting, which provides more details on the potential impact of the rising crude oil prices and the anticipated petrol price hike.
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Nigerian striker Victor Boniface sparks concern among fans after deleting all his Instagram posts and sharing an emotional message amid injury struggles. Read More: https://punchng.com/boniface-sparks-concern-with-emotional-instagram-message/...
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NNPC plans to deploy 50-70 smart, NNPC self-service stations nationwide within six months, offering EV charging, LPG, and digital payments. Read More: https://punchng.com/nnpc-to-deploy-70-self-service-filling-stations-nationwide/...
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IPMAN urges members to invest in the planned Dangote IPO, as Bismarck Rewane projects the refinery could help expand Nigeria’s economy to $600bn by 2030. Read More: https://punchng.com/dangote-ipo-rewane-projects-600bn-as-ipman-backs-refinery/...
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An editorial on EFCC Nigeria’s anti-corruption war. We analyse its recoveries, internal corruption issues, and accusations of political bias. Read More: https://punchng.com/efcc-recoveries-the-good-the-bad-and-the-ugly/...
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Nigeria’s Falconets World Cup qualification is uncertain after a goalless draw with China. Read how they can still qualify for the knockout stages. Read More: https://punchng.com/wcup-falconets-face-anxious-wait-after-china-draw/...
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A resident calls on lawmaker Tobun Abiodun to urgently fix the deplorable Epe roads, citing years of neglect and failed campaign promises in Lagos State. Read More: https://punchng.com/epe-roads-need-urgent-attention/...
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Nigeria’s interbank FX turnover surged by nearly 70% to $94.43m, with a significant increase in trading activity and the number of deals. Read More: https://punchng.com/interbank-fx-turnover-jumps-70-to-94-43m/...
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NAICOM says the Nigerian insurance industry must boost capacity, tech, and trust to drive the nation’s $1trn economy. Learn about the required reforms. Read More: https://punchng.com/insurance-must-drive-nigerias-1trn-economy-naicom/...
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Nyesom Wike, the former Rivers Governor and current FCT Minister, has become the most visible, voluble and overbearing individual on the Nigerian political stage. He is more assertive and aggressive than his boss, Mr President. He hosts more pro-government media interactions, gra...
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The piece by columnist and former Managing Director/Editor-in-Chief of The Guardian, Martins Oloja, entitled “Why Should We Celebrate Daily Times @ 100, FRCN @ 75?”, published on September 5, was an angry one. And Oloja had many good reasons to be angry. Daily Times, Nigeria’s ne...
