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Dangote Refinery: Refiners Recommend FX Rate Peg at N1,000/$ for Affordable Petrol Prices

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Refiners   have  proposed  that  if  the  federal government  pegs  the  foreign  exchange (FX)  rate at  N1,000 per  dollar, petrol  prices  could  fall below N600  per  litre.This  suggestion  is tied to ensuring  more  stable and  affordable  fuel  prices  in  Nigeria  as  the  Dangote Refinery   begins operations.The  aim is to  mitigate   the rising  cost of  petrol  and  the  fluctuating   dollar-naira  exchange  rate,  which  has  greatly  impacted  fuel import  costs.The  proposal  could  relieve  Nigerians   of   skyrocketing   energy   prices  if implemented.

 


 

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Elon Musk Says No More Hashtags in X Ads Starting June 27

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Photo source: Google

Billionaire tech mogul Elon Musk has revealed that hashtags will no longer be allowed in ads on X, his social media platform, starting June 27, 2025.

Musk made this known in a post shared on his X account, where he described hashtags as an “esthetic nightmare” and confirmed they would be completely removed from advertisements on the platform.


 

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Lagos State Governor Sanwo-Olu Dances into 60th Birthday Celebration

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Governor of Lagos State, Babajide Sanwo-Olu, celebrates his 60th birthday in grand style on the 25th of June, 2025.

It can be noted that the Governor had a birthday party with many excellencies and friends in attendance.

The event was also hosted by gospel singer Dare, and a special praise and worship session was held. In a viral video, the Governor was seen busting out moves and dancing, causing many to react and wish him a happy birthday.


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“I Don’t Want to Jump From Frying Pan to Fire I Have to Be Sure” — Ndume on Joining Opposition

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Senator Ali Ndume, who represents Borno South, has admitted he might consider joining the coalition working to unseat President Bola Tinubu in 2027, though he’s not in a hurry to make that decision. Speaking on Arise TV on Tuesday night, Ndume confirmed that he has attended several of the coalition’s meetings but made it clear he’s being cautious.

“I know about the opposition coalition. I’ve attended many of their meetings,” he said. When asked if the group had approached him to join them, Ndume responded, “Yes, they’ve spoken to me, but I told them no for now. I don’t want to jump from frying pan to fire. I need to be sure of what I’m doing. I’m a loyal person, and I have my reasons for that loyalty.”

His comments follow reports that the opposition coalition plans to rally around the newly proposed All Democratic Alliance (ADA), which has applied for registration with the Independent National Electoral Commission (INEC). The coalition is believed to be led by political heavyweights like former Vice President Atiku Abubakar, former Kaduna governor Nasir El-Rufai, former Anambra governor Peter Obi, ex-Rivers governor Rotimi Amaechi, among others.


 

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