News
Major oil marketers put Nigeria’s petrol landing cost at N971/litre
By Francesca Hangeior.
The Major Energies Marketers Association of Nigeria, MEMAN, has put the landing cost of Premium Motor Spirit, PMS, also known as petrol at N971 per litre.
The association said the estimated Nigeria’s landing cost of petrol dropped by 20.34 per cent to N971.57 per litre over the past three months.
Despite the reduction, the retail price of petrol increased by N443, or 71.79 per cent, from N617 per litre on August 1, 2024, to N1, 060 per litre by November 8, 2024.
Data released by MEMAN’s competency centre indicated that oil marketers imported petrol at N1, 219 per litre while Brent crude oil price stood at $80.72 per barrel at an exchange rate of N1, 611 per dollar in August.
However, in November, with an estimated landing cost of N971.57, a Brent crude price benchmark of $75.57 per barrel and an exchange rate of N1,665.84 per dollar, the product currently sells at N1,060 at the Nigerian National Petroleum Company Limited, NNPCL retail stations and N1,180 at the outlets of independent marketers.
News
Just in: 50 narrowly escape death as fire engulfs Abuja fitness centre
By Kayode Sanni-Arewa
A fire outbreak has enveloped the popular Eco Fitness Hub in Gwarinpa, Abuja, with significant damage feared as flames spread rapidly through the facility.
Videos circulating on social media show smoke billowing from the popular Eco Fitness Hub, as an eyewitness reported that the fire had been burning for over an hour before emergency responders arrived.
According to the witness, multiple calls were made to the Federal Fire Service, but the service allegedly took over an hour to respond. The fire was already intense and spreading to a neighboring building by the time firefighters arrived, sources said as they claim that the delay is believed to have caused substantial destruction.
While the Federal Fire Service eventually made it to the scene, concerned netizens’ voiced frustration over the delay, suggesting that much of the property housing the fitness centre could have been saved with a faster response. The cause of the fire remains unknown, and authorities have yet to release an official statement on the incident or an estimate of the damage incurred.
All of the people inside it was learnt, however, escaped before the fire fully engulfed the centre
Updates are expected as investigations continue, and more details emerge regarding the extent of the fire’s impact on Eco Fitness Hub and neighboring properties.
News
SAD! 39 years old actor, found dead in his room, left a letter
By Kayode Sanni-Arewa
Korean actor Song Jae-rim has died.
He was found dead at 39 in Seoul with a letter discovered at scene.
Police are investigating the cause of his death.
On November 12, Korean actor Song Jae-rim was found deceased in his Seoul apartment at the age of 39.
Reports indicate that a two-page letter was discovered at the scene, leading to speculations about the circumstances of his death.
He was a former model-turned actor who starred in shows such as Moon Embracing the Sun (2012), Two Weeks (2013), Our Gap-soon (2016–2017).
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Xportnews reported that Jae-Rim’s funeral will take place on November 14 at the Yeouido St. Mary’s Hospital Funeral Hall.
Fans’ messages
Fans were heartbroken to learn about his passing.
“We are deeply saddened to hear of the passing of actor Song Jae-rim. His talent, warmth, and unique presence brought joy to so many. In this moment of sorrow, our hearts go out to his family, friends, and fans worldwide. May he rest in peace, and may his legacy continue to inspire and comfort those he touched,” wrote a fan.
“Know him from WGM, feel sad for him. May his soul rest in peace,” wrote another.
“You never know what someone else has been through and the battles they’re quietly fighting. RIP Song Jae-rim,” wrote another
About Song Jae Rim
Song began his career as a runway model, working with prominent designers such as Juun. J, Herin Homme, and Ha Sang Beg. He also featured in esteemed magazines like Bazaar Korea, Vogue Girl Korea, and GQ Korea.
Transitioning to acting in 2009, Song gained recognition for his roles in television dramas, including Clean with Passion for Now (2018), I Wanna Hear Your Song (2019).
He appeared in the fourth season of We Got Married alongside Kim So-eun, which significantly boosted his popularity.
In 2024, Song starred in the drama Queen Woo, portraying Go Pae-eui, the first prince.
He also appeared in My Military Valentine as Song Jae-hun, a member of the anti-unification force.
News
God Used Dangote To Build Refinery In Nigeria – Pastor Adeboye
By Kayode Sanni-Arewa
Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG), has revealed that it was divine inspiration that led Nigerian businessman Aliko Dangote to establish the Dangote Refinery in the country.
Speaking during the November 2024 Abuja Special Holy Ghost Service, Adeboye praised Dangote’s initiative, emphasizing that it was a response to Nigeria’s ongoing struggles with inefficient state-owned refineries.
Adeboye pointed out that despite Nigeria’s status as a major oil producer, the country had been unable to properly refine its crude oil, leading to a heavy dependence on fuel imports.
He expressed his frustration over the continual failure of the government-run refineries, which have consumed billions in funds without delivering results.
In contrast, Dangote, despite not being from Adeboye’s community or even a Christian, took the bold step to build a refinery with the aim of alleviating the suffering of Nigerians.
However, Adeboye also raised concerns about a conspiracy involving oil marketers and international oil companies (IOCs), which he claimed are working to undermine Dangote’s refinery.
According to Adeboye, these parties are trying to prevent the Dangote Refinery from operating at full capacity, opting instead to keep Nigeria reliant on fuel imports.
He urged Nigerians to seek divine intervention to overcome these challenges, calling out the unscrupulous actions of some oil marketers who aim to continue profiting from fuel imports.
In a related development, the Independent Petroleum Marketers Association of Nigeria (IPMAN) recently reached an agreement to buy fuel directly from Dangote Refinery.
However, despite this agreement, Nigerians are still facing high petrol prices, with some retail outlets selling fuel at ₦1060 and ₦1200 per liter.
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