₦airaland Forum

Speaking calmly in the clip, he explained that his resemblance to Flavour is purely natural and has become part of his identity as an entertainer. He said he only admires the singer and enjoys performing in a similar style, but has never claimed to be the real Flavour. Igbo kwenu

Reno O' Mockry the biggest pastor in nigeria claims it is a false narratives

yes wicked wike needs to be put in his place

Please add St. Matthew Catholic Church Amukoko in lagos and St. Mary catholic Church in Ajegunle

lies just make tunubu look good

a well read lawyer who passed all exams are not always the best when it comes to though case

ebukal67x:
Congratulations to Funke Adeoye.

Oando Plc says it has suspended petrol importation into the country as the commencement of domestic fuel supply by the Dangote Refinery continues to disrupt Nigeria’s downstream market, leading to a 20 per cent fall in its trading revenue.

In its H1 and nine-month 2025 financial reports, the energy company said its trading segment faced headwinds that exerted pressure on both the entity’s revenue and the group’s topline, following the decline in Premium Motor Spirit imports into the country due to rising local refining capacity.

“Our trading segment faced headwinds which exerted pressure on the entity’s revenue and the Group’s topline as a result of declining PMS imports into the country due to rising local refining capacity from the Dangote refinery, a positive development that enhances Nigeria’s energy security and self-sufficiency,” the company said in its H1 report.

It explained that in response to the changing environment, it diversified crude offtake sources, optimised trade flows, and expanded into new commodities like liquefied natural gas to cushion the impact of lost PMS volumes.

In response, we diversified our crude offtake sources, optimised trade flows, and expanded into LNG and metals. These initiatives are already gaining traction and will support stronger performance in H1,” Oando stated.

According to the 9M report, revenue declined by 20 per cent year-on-year to N2.5tn in the first nine months of 2025, compared with N3.2tn in the same period of 2024. The company attributed the fall primarily to a reduction in gasoline imports following the ramp-up of the Dangote refinery, though this was partly offset by stronger upstream contributions.

“Revenue declined by 20 per cent year-on-year to N2.5tn (9M 2024: N3.2tn), primarily due to a reduction in gasoline imports following the ramp-up of the Dangote refinery, which has positively transformed Nigeria’s refined-product supply landscape, partly offset by stronger upstream contributions,” the firm noted.

Gross profit also decreased by 42 per cent to N113bn compared to N194bn in the same period last year. The decline was in line with the topline contraction and changing segment mix, Oando reported.

However, the company recorded a sharp rise in net earnings during the period under review.

“Profit after tax increased by 164 per cent to N210bn (9M 2024: N76bn), driven by stronger production volumes and legacy recoveries,” it said.

Across its trading business, Oando acknowledged that refined product volumes remained under pressure largely due to the success of the Dangote refinery in meeting Nigeria’s fuel needs.

Across our trading business, refined products volumes remained under pressure, largely due to the well-deserved and expected success of the Dangote refinery in meeting Nigeria’s import needs. Consequently, our focus had shifted to expanding global crude exports and leveraging structured pre-export transactions, an area in which we have continued to record robust success,” it stated.

During the review period, Oando said it maintained progress in crude trading while deliberately pausing PMS activities in response to the structural shift in the domestic market.

“In 9M 2025, the Trading Division continued to execute its strategic priorities despite persistent market volatility. A total of 21 crude oil cargoes (19.8 million barrels) were traded during the period, up from 15 cargoes (16.7 MMbbl) in 9M 2024, reflecting sustained momentum under Project Gazelle and stronger crude trading performance,” it said.

Conversely, it was added that “the vision made a conscious strategic decision to pause PMS trading activities during the period, recognising the structural shift in Nigeria’s downstream market following the full commencement of domestic supply from the Dangote refinery.”

It added, “With the refinery now fulfilling its intended role in supporting national product availability, Oando has redirected its focus towards higher-margin crude and gas trading opportunities, while continuing to evaluate re-entry into the refined-product segment as market dynamics stabilise.

Looking ahead, Oando said it would focus on strengthening crude trade flows and expanding into gas and metals.

“The focus going forward is on deepening operational resilience and optimising existing crude trade flows, supported by the development of offtake-linked financing structures to unlock incremental volumes and strengthen margins. In parallel, the division is advancing plans to diversify into gas and metals trading, aligning with the group’s broader strategy to build a balanced, future-ready energy portfolio and deliver sustained long-term value,” the report stated.

The Dangote refinery, which began production in 2024, has since become a dominant player in Nigeria’s fuel market. With a capacity of 650,000 barrels per day, the plant said it now supplies much of the nation’s petrol and diesel needs, significantly cutting the country’s dependence on imported products.

Last week, the Federal Government introduced a 15 per cent import duty on petrol and diesel to discourage cheap fuel imports and protect local refineries.

The policy is aimed at consolidating domestic refining gains and stabilising the market amid Dangote’s rapid scale-up.

Analysts said the new tariff, coupled with the refinery’s growing output, would eventually price importers out of the market.

who are those collecting loans that might be spent on on frivolities

do they have choice?
“Revenue declined by 20 per cent year-on-year to N2.5tn (9M 2024: N3.2tn), primarily due to a reduction in gasoline imports following the ramp-up of the Dangote refinery, which has positively transformed Nigeria’s refined-product supply landscape, partly offset by stronger upstream contributions,” the firm noted.

Tinubu showed ‘where he is coming from
.
Fellow Nigerians please where is Tinubu coming from

ahhhhhhhh
you like fight pass quarrel

Streetinvestor2:
Why is nobody asking for kpakus result. Is the company no longer on ngx

experts in rubbish from lagos ibandan expressway
[quote author=ogododo post=137293574]Experts Urge CBN to Issue Higher Naira Denominations of N10,000 and N20,000

An economic review has advised the Central Bank of Nigeria to issue higher-denomination naira notes such as N10,000 and N20,000 to restore the currency’s portability and ease the rising cost of cash transactions.

The report observed that the naira’s persistent depreciation has rendered the N1,000 note—Nigeria’s highest denomination—almost valueless in real purchasing terms.

It noted that while a N1,000 note was worth about $7 in 2005, it now equals less than 60 cents, reflecting a 94% loss in value over two decades. Analysts argued that higher-value notes would not worsen inflation, as price increases are driven by production and demand factors, not currency denomination.

They explained that many countries issue higher-value bills to maintain convenience after major currency depreciation, not to trigger inflation.

The review highlighted that everyday transactions, especially in the informal sector, have become cumbersome as traders and rural dwellers must carry large amounts of cash for simple purchases.

It also stressed that the cost of printing, moving, and securing existing lower-value notes has become excessively high for the apex bank.

Introducing N10,000 and N20,000 notes—or undertaking a currency redenomination—was described as a practical step to enhance transaction efficiency, cut operational expenses, and align Nigeria’s currency system with global standards.

The analysts maintained that this proposal does not mean printing more money but simply modernising the naira to match present economic realities and the steep decline in its purchasing power.


https://x.com/instablog9ja/status/1983826418451570727?t=labuQCh8QBzW7eh[/quote]

That such a man — a teacher, thinker, and defender of justice — would have his U.S. visa revoked under Trump’s America is both symbolic and telling of the ideological tides that swept through Washington during that era.
the man cho cho cho too much
always weigh words before using it if you are wise
saying rubbish about the unforgiving trump who is not shepopotemi will always bring him troubles

Lion123:

chimex38:
Use am collect loan..
Ask your broker '
After 6month, default in principal payment.
Or default in interest payment from the very first month.
Them go find way sell the Geregu shares by hook or crook.(probably cross deal to themselves).

Na joke i dey Ooo

this is best thing to do so as to move on

Gotocourt:
Good evening Boss,
I'm new to stock investment, kindly recommend companies I can buy their shares. Thanks in anticipation 🙏

Buy UBA and VFD

Osebanjo:
Which of the platforms accept trading with my business name rather than an individual account.

chapell hill denham security

pafra:
.
How about bamboo, any disadvantages in using it?

use chapell hill denham security you will never regret it

Gotocourt:
I greet y'all, I want to start investing in stocks. How do I start? Should I mail the companies? Look for a stockbroker? 🙏

start with chapel hill denham security

in the long run (10 years)

HesInMe:
Over what investment period?

wait for tinubu second term in office and see the level of astronomical magic that will take place

GeeKudi:
And na the same oil wey this Aradel dey drill OANDO too dey drill like this o. This life no balance at all.

@ALL which will you go for or which do you think will be more profiatable: FCMB at N10 or VDF at N10

the paid data minions with a clear mandate to be brutally senseless and senseless will soon come and attack whoever disagree with oyetola

the paid data minions with a clear mandate to be brutally senseless and stupid.
since you made your self Online Judge can you please tell; Which Court of Law has Pronounced Judgement on Kanu as a Terrorists

APCNig:
Carry your lawyer gown and wig and go to Court and as the judge, make dem dash you few years in prison for aiding and supporting terrorism

that does not stop wike from stealing and buying of properties worth 5 million dollars in the USA

did the driver refuse to stop and searched by the police man?
nigerian police are very wicked and mean to the people

The Secret Service warned that the terrorists had already commenced surveillance on soft targets in the affected areas and called on the military to heighten security operations to forestall any attack.““Intelligence confirmed plans by members of ISWAP to carry out coordinated attacks on communities in Ondo and Kogi states anytime soon.
.
what sort of message and warning are they passing to nigeria?
are they subtle tell us to defend ourselves with bear hand
why not catch them using all the state apparatus and weapon at their disposal.
.
“The level of security alertness across the identified communities should be immediately scaled up to prevent loss of lives and property.”
why not legalise gun so that all adult will be able to protect themselves

she is a lady with different husband

natedensel:
I just tire for this guy, I heard you rest.

Thundersub and superted

If a guy left all the single ladies and start dating a woman with several children, it means he wished he married her when she was with Tuface. It's that simple! me and you know say you are not telling the truth. though She deserves to be happy too. Dont you think Annie might have paid him to stay with her

“We’ve seen cases where injections were administered with non-sterile instruments or industrial silicone. Some of these patients never fully recover,” he said.
lies! lies!! lies!!!