Author: Akintayo Adams

Akintayo Adams A. is an accomplished news editor at News VEO with several years of experience covering, crafting, and delivering compelling news and content that captivates target audiences.

The Dangote Refinery has increased the price of petrol for bulk buyers. This was contained in a statement which added that the new price regime will take effect from 5:30 PM, today. The notice titled, “Communication on PMS Price Review” read, “Dear Esteemed Customer, Trust this email finds you well. “Kindly be advised that effective from 5:30 PM today, an upward adjustment has been implemented on the gantry price of Premium Motor Spirit. Quantity Previous Price (NGN/Litre) 2 million-9.99 million -N899.50 10 million Litres & Above N895 Quantity New Price (NGN/ Litre) 2 million – 4.99 million N955 5 million…

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Donald Trump has indeed claimed to have influenced the Israel-Hamas ceasefire deal. The ceasefire is expected to take effect on January 19, 2025. Both the Biden administration and President-elect Trump worked together to advance the agreement, with both leaders taking credit for the expected return of an estimated 100 Israeli hostages and a complete ceasefire in the Gaza Strip. Speaking on the Dan Bongino Show on Thursday, Trump said: “If we weren’t involved in this deal, the deal would’ve never happened. We changed the course of it, and we changed it fast, and frankly, it better be done before I…

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The Nigerian Stock Exchange (NGX) experienced a significant market downturn, with a loss of N931 billion in market capitalization. This decline was driven by losses in major stocks such as Dangote Cement and Universal Insurance, which fell by 10% each. The All-Share Index also dropped by 1.47%, or 1,526.14 points, closing at 102,095.95. The market’s total capitalization fell to N62.257 trillion from N63.188 trillion. The Year-To-Date (YTD) return also decreased by 0.81%. The sell-offs were attributed to inflation concerns and other economic factors. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel

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Haventis Pharmaceutical Limited is a competent company that deal with all forms of Pharmaceutical products. The company is recruiting to fill in the position of a Medical Representative. Employment Type: Full-time Read !! Mákindé approves appointment of New Civil Service Employees Locations: Requirements: Apply || Admin Officer at Moniepoint Inc Salary: Application Closing Date: How to Apply: Interested and qualified candidates should send their CV to inemzyanthony@gmail.com using the Job Title as the subject of the mail. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.

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The Minister of Communications and Digital Economy, Bosun Tijani, has announced that Nigerians will soon face a 30-60% increase in telecom tariffs. Tijani disclosed this in an interview with Channels Television. Tijani emphasized the need to balance the sustainability of the telecom sector with affordability for Nigerians. He assured that the Nigerian Communications Commission (NCC) would soon approve and announce the new tariffs. “I think the telecommunications tariff increase should not be more than 30 to 60 percent. “The sector is about investment in infrastructure; the technologies are changing, so you have to keep investing in technology. Things like 3G…

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Mr. Kayode Adewale, a Mathematics teacher at Imagbon/Imaka Comprehensive High School in Ogun State, has been named among the 50 finalists for the prestigious 2025 Global Teacher Prize. The announcement was made on the Global Teacher Prize website on January 16, 2025. Adewale, a STEM educator, teaches in a semi-urban area where most students come from low-income farming families. Despite the challenges, he has been praised for revolutionizing the classroom experience by integrating local languages such as Yoruba and Hausa into his lessons, making complex mathematical concepts more relatable. Through culturally tailored instructional videos and practical examples, Adewale has bridged…

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Rúben Amorim has issued a warning to his Manchester United players as they prepare to face Southampton at Old Trafford on Thursday evening. Amorim emphasized that his attacking players need to spend more time with the ball in the opposition’s defensive third. He stated, “We have had a lack of goals for a long time and because we don’t spend a lot of times with the ball in the last third during games.” Amorim acknowledged that while the team has shown improvement in recent matches against Liverpool and Arsenal, there is still a long way to go. He added, “Now…

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Apostle Johnson Suleman, the Senior Pastor of Omega Fire Ministries, recently stated that Nigerians deserve the economic hardship they are experiencing He attributed the current economic crisis to poor decisions made during the 2023 elections. Suleman made these remarks during the “Recovery Conference 2025” in Bauchi State. He criticized the administration of President Bola Tinubu for poor policy decisions and the mismanagement of the country’s oil sector. Suleman emphasized that Nigerians need to reflect on their voting decisions ahead of the 2027 elections, suggesting that if they have suffered enough by then, they might make better choices. Suleman also mentioned…

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OPEC has reported that the Dangote Refinery is impacting the petrol market in Europe. The refinery, which began operations in January 2024 and started producing petrol in September, has significantly reduced Nigeria’s need to import petroleum products from Europe. This has led to a decrease in petrol imports from Europe to Nigeria. The Dangote Refinery, with a capacity of 650,000 barrels per day, has been exporting petrol, diesel, and aviation fuel to various countries within and outside Africa. OPEC’s report suggests that the continued production and export of petrol from the Dangote Refinery will likely affect the European petrol market…

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Ghana’s annual inflation rate has risen significantly to 23.8% in December 2024, driven primarily by soaring food prices. This marks the highest inflation rate in eight months, with food inflation reaching 27.8%. Related || Inflation rises to 34.8% in December The Ghana Statistical Service (GSS) reported that key food items, such as yams and vegetables, experienced drastic price hikes. The depreciation of the Ghanaian cedi and structural issues in the economy have also contributed to the inflationary pressures. Policymakers are urged to address both monetary and real-sector issues to stabilize prices and ease the cost-of-living crisis. Get instant and latest…

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