Business
BREAKING: NNPCL spokesperson, Soneye resigns, gives reason

The spokesperson of the Nigerian National Petroleum Company Limited, NNPCL, Olufemi Soneye, has resigned.
Soneye disclosed this in a statement made available to Ekwutosblog on Saturday.
He said he would no longer be the spokesperson for the oil giant, as he had “stepped aside from his role as Chief Corporate Communications Officer of NNPC Ltd”.
Soneye said he wants to devote more time to his family, and attend to personal responsibilities that now require his closer presence.
NNPCL appointed Soneye as its spokesperson in August 2021.
Soneye’s full statement:
Dear Esteemed Colleagues,
I extend my heartfelt gratitude to you all for the unwavering support, professionalism, and genuine commitment you’ve shown in helping to shape and amplify the NNPC Ltd story over the past 20 months. Your role in building a vibrant and effective communications presence for our national energy company has been nothing short of invaluable.
I wish to inform you that I have stepped aside from my role as Chief Corporate Communications Officer of NNPC Ltd.
This decision will allow me to devote more time to my family and attend to personal responsibilities that now require my closer presence.
It has been a profound honour to serve both the company and our country and to contribute in my own way to the ongoing transformation of NNPC Ltd. I am deeply grateful for the trust reposed in me, the opportunities granted, and the incredible professionals both within and outside the organisation with whom I have worked.
I remain a steadfast supporter and ambassador of NNPC Ltd wherever I go. I enjoin you, dear colleagues, to continue your robust, balanced, and constructive reportage in support of the company’s noble mission and strategic role in Nigeria’s energy future.
With sincere appreciation,
Olufemi Soneye.
Business
Gov Uba Sani appoints Ben Kure as MD of KSMC

Governor of Kaduna State, Senator Uba Sani, has appointed Ben Solomon Dalhatu Kure as the Managing Director of Kaduna State Media Corporation (KSMC).
Ibraheem Musa, Chief Press Secretary to the Governor, disclosed this in a statement at the weekend.
Kure replaced Ahmed Maiyaki, who has just been appointed the Commissioner for Information.
He is expected to build on Mr. Ahmed Maiyaki’s leadership, which has repositioned the media corporation.
Before this appointment, Kure served as the Chairman of Jaba Local Government from 2016 to 2017, Executive Secretary of the Kaduna State Emergency Management Agency from 2018 to 2019, and Special Adviser (Political Matters) to the Kaduna State Governor from 2019 to 2021.
Business
Nationwide fuel distribution: Dangote Refinery takes Delivery of CNG trucks

Dangote Refinery has announced the delivery of its first shipment of compressed natural gas trucks to facilitate its nationwide premium motor spirit and automotive gas oil supply from August 15, 2025.
The 650,000-barrel-per-day refinery disclosed this in a statement by its spokesperson, Anthony Chijiena, on Sunday.
According to him, the refinery, the N720 billion worth investment scheme, is aimed at transforming Nigeria’s fuel distribution landscape by reducing logistics costs and enhancing supply efficiency for customers.
“The fleet of fuel tankers, being imported through Apapa Port, represents a significant capital investment estimated at N720 billion.
“The first consignment of trucks recently departed Apapa Port and was formally received at the refinery site in Ibeju-Lekki by the Vice-President of Oil and Gas at Dangote Industries Ltd., Devakumar Edwin,” the statement reads.
Recall that Dangote Refinery had announced that the fuel distribution scheme would cause a major shakeup in the country’s oil and gas downstream sector.
However, petroleum product retail outlet owners and the Natural Gas Suppliers Association of Nigeria have, in different forums, kicked against the scheme, saying it would result in massive job losses.
Business
Naira returns to appreciation against dollar as Nigeria’s external reserves swell

The naira bounced back to appreciate against the dollar at the official foreign exchange market on Thursday as Nigeria’s external reserves continued to rise.
The Central Bank of Nigeria’s data showed that the Naira gained slightly at N1,533.73 against the dollar on Thursday from N1,534.44 traded on Wednesday.
This means that Nigeria’s currency marginally strengthened by N0.70 against the dollar on a day-to-day basis.
Meanwhile at the black market, the Naira remained flat at N1,565 on Thursday, the same exchange rate recorded the previous day.
The development follows the continued rise in the country’s external reserves, which stood at $39.99 billion as of 6th August 2025, up from $39.81 billion on the 4th of this month, CBN data showed.
Ekwutosblog reports that in the past four days, the Naira has recorded mixed sentiments of depreciation and appreciation against other currencies.
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