Nigeria News (Standard)
Lagos Residents Query Sustained ₦1,200 Petrol Price as Global Oil Falls to $73 per Barrel
PETROAN urges further pump price cuts; Dangote Refinery cites older crude stocks, as consumers seek relief nationwide
PETROAN urges further pump price cuts; Dangote Refinery cites older crude stocks, as consumers seek relief nationwide
Consumers and business owners in Lagos and across Nigeria have expressed renewed frustration over the continued high price of petrol at filling stations, despite international crude oil prices dropping to about $73 per barrel as at Wednesday. The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) on Tuesday called for immediate reductions in pump prices, arguing that Nigerians deserve to benefit from the recent global decline.
The drop in oil prices followed a peace agreement between the United States and Iran, which eased concerns over potential supply disruptions earlier this year. Data from international trackers show crude has fallen from over $84 per barrel during the conflict period to just above $73, its lowest since early 2026. However, retail fuel prices remain stubbornly above ₦1,200 per litre in many parts of Lagos and other states, with some marketers selling between ₦1,175 and ₦1,300 per litre.
This disconnect has led many Nigerians to demand deeper price cuts at the pumps. During the peak of Middle East tensions, petrol rose sharply from around ₦830 per litre to over ₦1,300 in some areas. While Dangote Refinery recently announced a reduction in its ex-depot price by ₦75 per litre—from ₦1,250 down to ₦1,175—consumers argue that these changes are too little compared to the scale of global declines.
Speaking on Tuesday, PETROAN President Dr. Billy Gillis-Harry urged refiners and depot owners to immediately pass on cost benefits from lower crude prices to Nigerian households. “The recent decline in global crude oil prices presents an opportunity for stakeholders in the downstream petroleum sector to pass the benefits of lower crude oil costs to Nigerian consumers. Market realities should be reflected in both ex-depot and retail pump prices in the interest of fairness and economic relief for the public,” Gillis-Harry said during a press statement. He further noted concerns that imported petrol now sometimes lands cheaper than products refined locally, calling for more market competition.
Officials at Dangote Refinery have responded that pump prices cannot fall instantly because current supplies were produced with crude purchased at higher rates during the conflict period. Industry analysts add that factors such as naira exchange rates, logistics costs, refinery expenses and old stock all play roles in final pricing. Nevertheless, social media users and transport operators continue to insist that reductions so far—sometimes as little as ₦50 per litre—have not translated into real savings for ordinary Nigerians or reduced transport costs.
With inflation still running high according to recent NBS reports and many families struggling with elevated living costs, pressure is mounting on marketers and regulators to accelerate price adjustments. PETROAN has pledged ongoing engagement with government agencies and private operators to ensure that falling global oil prices eventually bring much-needed relief to Nigerian consumers.
Nigeria News (Standard)
Lagos Rapper YCee Alleges Zero Royalties Despite Over 100 Million Streams Under Former Label
Artist claims Tinny Entertainment withheld earnings, citing unrecouped investment; fans express shock over financial revelations
Artist claims Tinny Entertainment withheld earnings, citing unrecouped investment; fans express shock over financial revelations
The Hidden Truth About Streaming Money (No One Says This)
Popular Lagos-based rapper YCee has revealed that he has never received any royalty payments from his hit songs, despite surpassing 100 million streams globally while signed to Tinny Entertainment. The disclosure came during an appearance on the Afropolitan Podcast on Tuesday, where the artist detailed the circumstances surrounding his contract and earnings.
YCee, whose real name is Oludemilade Martin Alejo, explained that his agreement with Tinny Entertainment was structured as a 70/30 split in favour of the label. According to him, management insisted it had not recouped its initial investment in his career, resulting in no royalty cheques being issued for his most successful tracks. “The mega hits and hundreds of millions of streams that I have had, I didn’t get any money off them. I was signed to Tinny Entertainment… it was a situation where I wasn’t being remitted off the earning because at the time, my previous employer felt he hasn’t recouped what he invested,” YCee said on the podcast.
The rapper described how, even as songs like ‘Jagaban’, ‘Omo Alhaji’ and ‘Juice’ featuring Maleek Berry propelled him into stardom from 2015 onward, financial returns did not match public perception. “At that time, the songs were going crazy, endorsements, and I was travelling the world, and it was looking good from the outside looking in, but it wasn’t making sense to me in other areas,” YCee stated. The situation persisted throughout his tenure with Tinny Entertainment before their eventual split.
Fans have expressed surprise following these revelations, especially considering YCee’s prominence during the period when Afrobeats began its global export surge. Industry observers note that issues around contract transparency and royalty payments remain a source of contention in Nigeria’s fast-evolving music sector.
After leaving Tinny Entertainment, YCee attempted to adapt to a music industry increasingly shaped by streaming platforms and international attention. He later went on hiatus following health challenges in 2020 but recently returned with a new album titled ‘Out of Sight – Out of Mind – Volume 1’, a 14-track project that highlights both his rapping and singing abilities.
As at press time, Tinny Entertainment had not issued an official response to YCee’s claims. Music industry stakeholders continue to call for greater accountability and fairer compensation structures for Nigerian artists as digital revenues grow.
Nigeria News (Standard)
Army Troops Rescue Three Kidnapped Women in Zamfara’s Anka LGA, Seize Weapons
Victims held for three months freed during routine patrol; military recovers arms and motorcycles in fresh operations
Victims held for three months freed during routine patrol; military recovers arms and motorcycles in fresh operations
Troops of the Joint Task Force North West Operation FANSAN YAMMA (OPFY) rescued three female kidnap victims during a military operation at Bagega, Anka Local Government Area of Zamfara State, on Saturday, 22 June 2026. The rescue comes amid ongoing efforts to dismantle terrorist camps and improve security across North-West Nigeria.
According to a statement released by Lieutenant Colonel Aliyu Danja, Media Information Officer for the Joint Task Force Northwest OPFY, the three women were freed after troops on routine offensive patrol encountered the victims abandoned by their abductors. The kidnappers reportedly fled the area due to increased military pressure.
The rescued victims were identified as Zainab Muhammadu, 28, from Gara Zaima Village in Bukkuyum Local Government Area, Zamfara State; Hafsat Ibrahim, 20; and Halira Usman, 17—both from Mashiga/Taka Lafiya Village in Zuru Local Government Area, Kebbi State. All three had spent approximately three months in captivity before their release.
Military authorities disclosed that the operation also led to the recovery of a high-calibre weapon, ammunition, motorcycles used by the kidnappers, military uniforms, and other operational items. “The rescued victims were immediately evacuated for comprehensive medical evaluation and appropriate care,” Lieutenant Colonel Danja said in the statement issued to journalists in Gusau, Zamfara State capital.
The rescue is part of intensified measures by security agencies to tackle banditry and kidnapping in Zamfara and neighbouring states. Security sources maintain that continued operations will target remaining criminal hideouts in both Zamfara and Sokoto States. As at press time, there was no immediate comment from state government officials or opposition parties regarding the incident.
Source: https://guardian.ng/news/nigeria/metro/opfy-troops-rescue-3-female-kidnapped-victims/
Nigeria News (Standard)
South Africa Coach Hugo Broos Defends Tactics After Securing AFCON Knockout Qualification
Broos addresses critics following Bafana Bafana’s progression; says team focus remains on next round in Ivory Coast
Broos addresses critics following Bafana Bafana’s progression; says team focus remains on next round in Ivory Coast
South Africa’s national football coach, Hugo Broos, has responded to criticism of his team’s tactics after guiding Bafana Bafana into the knockout stage of the Africa Cup of Nations (AFCON) in Ivory Coast. The Belgian tactician spoke out on Thursday after South Africa secured their place in the next phase of the continental tournament.
The team’s qualification came amid concerns from fans and analysts who questioned Broos’ selection choices and playing style during the group matches. South Africa’s performance drew mixed reactions, especially after a goalless draw against Tunisia that sealed their progress. Despite this, Broos insisted his approach was justified by results, stating that securing passage to the next round was always the priority.
South Africa’s advance to the knockouts marks a significant achievement for the squad, considering their inconsistent form in recent international competitions. Many supporters had expressed doubts about Bafana Bafana’s chances before the tournament began. The latest result has reignited debate over whether Broos’ pragmatic style is effective enough for South Africa to challenge for a title or if it limits the team’s attacking potential.
Addressing questions at a post-match press briefing in Abidjan, Broos maintained that critics were ignoring the team’s main objective. “We are not here to play beautiful football and go home early. The most important thing is to qualify, and we have done that,” he said. He added that every decision was made with qualification in mind and urged fans to support the squad as they prepare for tougher opposition ahead.
With South Africa set to face a yet-to-be-determined opponent in the next round, Broos said preparations would focus on maintaining defensive solidity while looking for opportunities to improve going forward. The South African Football Association said it was satisfied with progress so far but expected further improvement as the competition enters its decisive stages.
