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Ibadan Excited As Sola Sobowale, Mouka’s Brand Ambassador, Graces Justrite’s Store Opening—-Mouka, Nigeria’s leading manufacturer of mattresses, pillows, and beddings, has expanded its distribution network within the Oyo state metropolis. With the opening of the grand Justrite outlet in the Eleyele area of Ibadan, consumers now have another avenue to experience and purchase Mouka products in a modern and serene atmosphere.

As a special guest, Sola Sobowale, Mouka’s Brand Ambassador, graced the official opening of the Justrite store. After the ribbon cutting ceremony by the management of Justrite Superstores, Dr Ayodele Aderinwale (Chairman), Mrs. Oluwatosin Aderinwale (CEO), and Mrs Omoboye Fejeke (Executive Director, Operations), on Tuesday, 15th of April 2024, consumers trooped into the store to see the impressive assortment of Mouka products.

The Mouka activation area within Justrite Eleyele’s premises attracted both the young and the old. Sola Sobowale was the star attraction, signing autographs and taking pictures with her fans at the Mouka stand. Shoppers did not leave empty-handed, as they received various Mouka-branded gifts courtesy of the company.

Mouka’s National Retail Manager, Mrs Chinwe Remi Lawal, spoke about the event and shared her thoughts on the impressive store opening ceremony. “At Mouka, we are committed to adding comfort to lives by providing top-quality sleep solutions. To achieve this, we also need the support and commitment of our trade partners to ensure our products are readily available at every nook and cranny in every state of the federation. For this reason, we create mutually beneficial and lasting relationships with our partners.

Their journey of growth gives us pride as we see ourselves as part of their organization. Justrite is a trusted and outstanding partner of Mouka. We marvel at the heights they have accomplished over the years, evident in what we have witnessed today. The scope of Mouka’s presence here reflects the bond we have established with the Justrite management.”

Mrs. Remi-Lawal extended an invite to those living around Eleyele to visit the Justrite store for a better sleep experience with Mouka.

Mouka is Nigeria’s most widely distributed bedding brand, with over 3,000 branded outlets nationwide. The company is also a proud member of the Dolidol International Group, with its head office in Morocco. Its innovative portfolio includes products such as the Royal Luxury Pillow Top mattress for a 5-star sleep experience; Mouka Bio Pillow, made with biocrystal technology for stress relief; and the Wellbeing Hybrid mattress with an orthopedic half and semi-orthopedic half made for couples with different mattress preferences to enjoy quality sleep together.

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BREAKING: Dangote Refinery Hikes Petrol And Diesel Prices Amid Economic Strain

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Dangote Refinery Hikes Petrol And Diesel Prices

BREAKING: Dangote Refinery Hikes Petrol And Diesel Prices Amid Economic Strain—-Dangote Petroleum Refinery has revised its ex-depot prices, increasing the gantry price of Premium Motor Spirit (PMS), or petrol, to ₦1,175 per litre, while Automotive Gas Oil (AGO), commonly known as diesel, has been raised to ₦1,620 per litre.

The latest revision marks the fourth consecutive price review in less than two weeks amid global market volatility, according to a report by Petroleumprice.ng.

Quoting industry sources, the report noted that the new pricing template has been communicated to marketers, following earlier adjustments this month.

Under the revised structure, the ₦1,175 per litre petrol price reflects a significant jump from the previous ₦995 per litre, while diesel has surged sharply from its prior ₦1,430 per litre level, underlining the continued upward trend in domestic fuel pricing.

The development is likely to have a ripple effect across Nigeria’s downstream petroleum market, as depot operators and fuel marketers adjust supply costs in response to the revised prices announced by the country’s largest refining facility.

The refinery had yet to issue an official statement on the development as of the time of filing this report.

Oil prices soared 30 per cent today on fears about supplies from the Middle East, as the US-Israeli war against Iran continued into a second week with no sign of letting up.

Fears grew that the Middle East conflict could last for some time after US President Donald Trump said only the “unconditional surrender” of Iran would end the war.

He added at the weekend that the spike in prices was a “small price to pay” to eliminate Iran’s nuclear threat, reiterating the White House’s insistence that the rise is temporary.

Since the beginning of the war, WTI is up more than 75 per cent and Brent more than 60 per cent.

Attacks on oilfields were reported in southern Iraq and in the northern autonomous Kurdistan region, which forced a US-run oilfield to cease production, while the United Arab Emirates and Kuwait have started reducing output.

That came with maritime traffic in the Strait of Hormuz — through which a fifth of global crude and gas passes — halted since the war began on February 28.

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JUST IN: Dangote Refinery Increases Petrol Price as Middle East Tensions Put Upward Pressure on Crude

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Dangote Refinery Increases Petrol Price

JUST IN: Dangote Refinery Increases Petrol Price as Middle East Tensions Put Upward Pressure on Crude—Dangote Refinery has increased its Premium Motor Spirit gantry price.
The 650,000-barrel-per-day refinery increased its petrol price to N874 per litre, up from N799.

This means that the African’s largest refinery adjusted its petrol price by N75 per litre on Monday.
The spokesperson of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, confirmed Dangote Refinery’s price hike to Newsmen exclusively on Monday.

According to him, the move comes amid a hike in global crude oil prices following the Iran-United States-Israel conflict escalation in the past three days.

“It is due to global crude oil price volatility following the Iran-US-Israel war. It is the ripple effect of ongoing conflict,” he told Newsmen.

According to him, the development would trigger a retail fuel price hike nationwide.

The Genius Media Nigeria reports that on Monday, Brent and West Texas Intermediate crude blends rose to $78.50 and $71.84 per barrel, respectively, up from $72.87 and $67.02 on Saturday.

Recall that on January 27, Dangote Refinery had hiked its petrol price by N100 per litre to 799 per liter.

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