TIFEMAX news

Fuel Crisis: Petrol Price Increases As Scarcity Persists Nigerians continue to struggle with petrol scarcity as the landing cost of Premium Motor Spirit (PMS), commonly known as petrol, has escalated to an astonishing ₦978 per litre. With a black-market exchange rate of ₦1,500 per dollar, Naija News findings report that the landing cost of petrol, inclusive of its international price, shipping, insurance, and other costs, has jumped from ₦720 per litre in October 2023 to ₦978 per litre.On Monday, the naira hit a three-month low of ₦1,530 per dollar on the parallel market, driven by increased demand for the dollar by end-users. This represents a 0.65 percent (₦10) decline compared to ₦1,520 quoted on Friday in the black market. The local currency was quoted at ₦1,572 per dollar on July 9, 2024, according to FMDQ data. Further findings revealed that the landing cost of ₦978 per litre excludes Nigerian Ports Authority charges, vessel charges, Nigerian Maritime Administration and Safety Ag...

Customers of OPay, a Chinese backed fintech have been able to complete card payments without getting debited and have racked up a ₦714 million bill following a system glitch. The fintech has, however, been able to take legal action to recover the lost funds after getting approval from a Federal High Court in Lagos to freeze customer bank accounts in 30 listed banks as part of a process to recover the funds. The system glitch that allowed people to pay for items without getting debited happened between December 10, 2023, and March 4, 2023 according to the TechCabal. In a bid to recover the funds, OPay contacted those who received value for unsuccessful transactions that are over ₦500,000. These customers were contacted via phone and email, but only 10% obliged according to the report. “While some customers responded positively to the Applicant’s request and cooperated with the Applicant in respect of the recovery of the Erroneosly Retained Credits, some customers have refused, failed, a...

watch him speak below My dad Oga Bello threatened to disown me – Femi Adebayo opens up (VIDEO) In a no-holds-barred interview, Femi Adebayo, revealed a dramatic moment when his father, in a rare display of sternness, threatened to sever ties with him and his brothers if they ever dared to defy his most sacred wish. Despite this harsh ultimatum, Femi passionately lauded his father’s stellar qualities, painted him as a paragon of fatherhood and acting excellence. He gushed about how his father’s larger-than-life presence and ironclad principles have always been the north star guiding his every move. Beloved Nigerian actor and filmmaker, Femi Adebayo, has revealed how his father and senior colleague, the iconic Adebayo Salami, aka Oga Bello, threatened to disown him. In a recent heart-to-heart with Comedian Gbenga Adeyinka on his talk show, “Gisting With The GCON,” Femi Adebayo opened up with a nostalgic look back at his childhood dreams of becoming a lawyer, a vision he said was wholehea...

AbdulShally, a renowned ex-billionaire’s wife, weighs in on Sophia Momodu and Davido’s custody dispute, claiming that N5 million is enough for a housing allowance.This happened amid Sophia’s tumultuous custody fight with the superstar singer, who was accused of abandoning their child and neglecting to pay financially in the previous three years. AbdulShally further remarked that Davido’s N5 million allowance offer is sufficient to cover housing costs anywhere in Nigeria. The billionaire’s ex-wife shared her story, stating that after they separated, her husband handed her a Peugeot, which she sold to get her preferred car. She also mentioned that she moved their children to the United States, where school costs were 10 times more, and that she took it upon herself to pay the difference because she had decided to go to America. AbdulShally finished by stressing that Sophia Momodu should not expect wife privileges as a baby mama, underlining the importance of her...

the world of aviation, the age-old debate rages on: where is the best seat on a plane located? Is it in front of the wing, or is it behind? As a seasoned flyer with a penchant for window seats, I've recently had a revelation that has me questioning my seat selection strategy.Window Seat WondersI have always been one to opt for a window seat whenever I fly, and for good reason. The awe-inspiring sights outside never fail to captivate me, especially during takeoff and landing. However, I have come to realize that sitting near the wing can offer a whole new perspective on the miracle of flight.The Appeal of the WingThere is something special about the vantage point near the wing, where the massive engines and the graceful flex of the wings are on full display. While sitting at the front of the plane may offer a clear view ahead, it often masks the intricate workings of the wings and engines.Front vs. Back: The Ultimate ShowdownSo, where do views reign supreme – in front of the wing or...