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“Knock, knock … challenge accepted … open the door, Mark Zuckerberg says he’s ‘out of town’ as Elon Musk drives to his house for a  fight with him Mark Zuckerberg says he’s ‘out of town’ as Elon Musk drives to his house for a  fight with him Facebook CEO, Mark Zuckerberg has told Elon Musk he is out of town after his billionaire rival said he would drive a Tesla to the Facebook CEO’s home in the hope he could fight the tech billionaire. Mr Musk took to Twitter, to detail his latest plans to try and fight with the Facebook founder after Mr Zuckerberg cancelled it saying that his rival was not serious about the bout. “Knock, knock … challenge accepted … open the door @ finkd,” tweeted Mr Musk on Monday. And he added: “For the Tesla FSD test drive in Palo Alto tonight, I will ask the car to drive to @finkd’s house.   “Will also test latest X livestream video, so you can monitor our adventure in real-time! If we get lucky and Zuck...actually answers the door, the fight is on!...

 President Bola Tinubu is reportedly considering a “temporary subsidy” on petrol as crude oil prices and foreign exchange rates continue to rise.  Presidential sources told TheCable that the proposal is “firmly on the table” and the “realistic” amount of petrol consumed in the country is now known following the removal of subsidy shortly after Tinubu’s inauguration. One of the sources noted that the amount spent on subsidy “can now be controlled”. This is coming after the Nigerian National Petroleum Company (NNPC) Limited said there are no plans to hike pump prices despite the rise in crude oil prices, landing cost, and fall in the value of the naira.

President Bola Ahmed Tinubu has officially approved the Central Bank of Nigeria’s (CBN) comprehensive plan to address volatility in the country’s foreign exchange (FOREX) market. The move is seen as a major step toward stabilizing the naira, promoting investor confidence, and boosting overall economic growth. According to officials, the plan includes a series of targeted interventions aimed at improving liquidity, reducing speculative pressures, and ensuring more efficient allocation of foreign currency to key sectors. The CBN’s strategy, which had been under discussion for several weeks, is designed to address persistent FOREX fluctuations that have negatively impacted businesses, importers, and ordinary Nigerians. The approval from President Tinubu signals strong governmental support for the CBN’s policies, sending a reassuring message to both domestic and international investors. Analysts say that stable exchange rates are critical for encouraging foreign investment, supporting loca...

NNPCL Debunks Fuel Price Hike Rumour  The retail arm of the Nigeria National Petroleum Company Limited has refuted rumours that it is working on a new proposal to raise the price of Premium Motor Spirit, known as petrol. The NNPCL in a message posted on its X page, (formerly Twitter) on Tuesday urged customers to disregard the speculations that there are fresh plans to raise the price of petrol from the current N617 per litre to between N720 and N750 per litre. It said, “Dear esteemed customers, we at NNPCL Retail value your patronage, and we do not have the intention to increase our PMS pump prices as widely speculated.  “Please buy the best quality products at the most affordable prices at our NNPCL Retail stations nationwide.” Credit: X | nnpclimited

ICPC is currently investigating the Federal Ministry of Agriculture over massive fraud and this is what they discovered. Five senior officials in the Department of Farm Inputs Supports Services of the ministry were detained for five days before their release while the director among them was released on health grounds. N200m was found in the bank account of one of the officials being grilled. N100m was found in the bank account of one of his children. Over N250m cash was found in the Abuja house of one of the suspects arrested. Inflow of over N60m in six months into the bank account of one of the suspects. Seizure of landed properties, including a bakery and one herbal hospital. The investigation is connected with the diversion of funds meant for monitoring exercise and sensitisation programmes in the Ministry of Agriculture.  ICPC spokesperson, Azuka Ogugua, when contacted by Punch said the investigation was still on and will be taken to court. She said they won't give updates on ...