HIGH STAKES IN MOROCCO SHOWDOWN AS NIGERIAN BILLIONAIRE PUTS $500,000 ON THE LINE.(PHOTO).

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 High stakes in Morocco showdown as Nigerian billionaire puts $500,000 on the line. Nigerian billionaire Abdul Samad Rabiu has pledged significant cash bonuses to motivate the Super Eagles ahead of their Africa Cup of Nations semi-final clash against host nation Morocco. Rabiu, Chairman of BUA Group, announced a $500,000 reward for a victory, with an additional $50,000 promised for every goal scored in the match. The pledge was disclosed in a message posted on X following Nigeria’s 2–0 victory over Algeria in Marrakech, a win that secured the Super Eagles a place in the last four of the tournament. Rabiu further revealed that he would reward the team with $1 million if Nigeria goes on to win the AFCON title, alongside a bonus of $100,000 for each goal scored in the final. Nigeria, three-time AFCON champions, will take on Morocco on Wednesday, January 14, as the tournament enters its semi-final stage.
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DANGOTE REFINERY SLASHES PETROL PRICE TO ₦835/LITRE.(PHOTO).

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 Dangote Refinery Slashes Petrol Price to ₦835/Litre


Dangote Refinery has cut the ex-depot price of petrol to ₦835 per litre—a ₦30 drop from last week’s ₦865, and a ₦45 reduction from ₦880 earlier this month. This marks the third price cut in six weeks.


The new rate, confirmed via pro forma invoice and petroleumprice.ng, includes statutory charges from the NMDPRA. Diesel remains at $608 plus surcharges, while jet fuel stands at $664.75 with added costs. Coastal sales and LPG remain on hold.


The cut aligns with declining landing costs, now at ₦853 per litre, and comes amid the approval of 117,000 metric tonnes of petrol imports between April 8–16.


This also follows the renewed implementation of the Naira-for-Crude policy, a long-term initiative aimed at boosting local refining and easing FX pressures.

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