35 Children Confirmed Dead in Ibadan Funfair Tragedy, 8 Arrested

The Oyo State Police Command has confirmed the arrest of eight individuals following the tragic stampede at the Islamic High School, Basorun, Ibadan, during a family funfair event on Wednesday, December 18, 2024. Organized by Wings Foundation in partnership with Agidigbo FM, the event turned fatal, claiming the lives of 35 children and leaving six […]

PROCYON RADIO AND TELEVISION NEWS SURMARY THURSDAY 19 DECEMBER 2024

Dangote Cutdown Petrol Price To ₦899 Per Litre Dangote Petroleum Refinery says it has reduced the price of its petrol to N899.50K per litre to provide relief for Nigerians ahead of the Christmas and New Year holiday season. In a statement, the company’s spokesman Anthony Chiejina said the price reduction is designed to ease transport […]

PROCYON RADIO AND TELEVISION NEWS SURMARY WEDNESDAY 18 DECEMBER 2024

CBN Imposes N1.2m Daily Limit Transaction On PoS Agent The Central Bank of Nigeria (CBN) has restricted Point of Sales (PoS) agents to a daily transaction limit of N1.2 million. This was revealed in its ‘Circular on Cash-Out Limits for Agent Banking Transactions,’ released on Tuesday. According to the circular, the development is in the […]

EDO PDP CONDEMNS ILLEGAL SUSPENSION OF EDO LGA CHAIRMEN, SAYS ACTION NULL AND VOID

The Edo State chapter of the Peoples Democratic Party (PDP) condemns in the strongest terms the illegal suspension of the Chairmen of the 18 Local Government Areas (LGAs) of Edo State by the Edo State House of Assembly, following the directive of Governor Senator Monday Okpebholo. We want to clearly state that this action is […]

FG set to penalise road destroyers – Minister Goronyo

By Suleiman Adamu, Sokoto Barrister Bello Goronyo, the Minister of State for Works on Tuesday, 17 December 2024, said penalty awaits vehicle owners causing damage to roads across the country. Similarly, the Minister said soon, the federal government through the ministry will launch ” Operation Safeguard Our Roads” to further deepen commitment to the cause […]

PROCYON RADIO AND TELEVISION NEWS SURMARY MONDAY 16 DECEMBER 2024

NAFDAC DEBUNKS APPROVING HERBAL TEA FOR SMOKERS The National Agency for Food and Drug Administration and Control (NAFDAC) has debunked claims that it approved a “lung-cleansing herbal tea” for smokers. The Director-General of NAFDAC, Mojisola Adeyeye, a statement on Saturday, said the product, identified as Lungitox (smokers pride) was rejected during registration. The statement read, […]

Budget: Sokoto says education , health top allocations as SDGs drivers

By Suleiman Adamu, Sokoto Sokoto state government says the education and health sectors top it 2025 budget sectoral allocations for they are critical drivers for achieving sustainable development. The State Commissioner of Information , Sambo Bello Danchadi said while addressing reporters on Friday evening in Sokoto. Danchadi said that was why a substantial part of […]

Kaduna State Shines at the 2024 PHC Leadership Challenge, Wins $500,000 Award

ABUJA – Kaduna State has been honored as the best-performing state in the northwest region at the 2024 Primary Health Care (PHC) Leadership Challenge, receiving international recognition and a $500,000 award for its exceptional healthcare investments and leadership. Deputy Governor Dr. Hadiza Sabuwa Balarabe, accompanied by the Commissioner of Health and the Executive Secretary of […]

Dangote Petroleum Refinery and Oligopolistic PMS prices.

Oligopolies are a few companies that control products supply in a market. Oligopolies create artificial barriers to competition in a market and sell commodities at higher oligopolistic prices to maximize profit. This seems to be the case with Dangote Petroleum Refinery as the major supplier of PMS in the Nigerian market. The refinery has the […]