News

“This is my most difficult time in over 20 years of this business,” laments Saheed Olowokere, a 55-year-old commercial bus driver in Lagos. Petrol prices have surged from below N200 in 2023 to over N1000 […]

President Bola Tinubu has appointed Olufemi Olatubosun Oluyede, a major general, as the acting chief of army staff (COAS). Bayo Onanuga, the special adviser to the president on information and strategy, said in a statement […]

The house of representatives has asked Festus Keyamo, minister of aviation and aerospace development, to revoke airstrip licences issued to individuals and organisations. The lower legislative chamber passed the resolution during the plenary session on […]

The Nigerian Safety Investigation Bureau (NSIB) says the black box, flight data recorder (FDR), or cockpit voice recorder (CVR) of a crashed helicopter are yet to be recovered. On October 24, the Sikorsky SK76 helicopter, […]

The average Nigerian household gets less than seven hours (6.6 hours) per day of electricity, the National Bureau of Statistics (NBS) has said. The statistics office disclosed this in its report titled “Nigeria Residential Energy […]

Canada has announced reductions in targets for permanent resident admissions over the next three years as part of plans to cut immigration. Prime Minister Justin Trudeau has repeatedly affirmed that the move is Canada’s efforts […]

Richard Teng, the chief executive officer of Binance, a cryptocurrency exchange, says the company is relieved that Tigran Gambaryan, its head of financial crime compliance, has been released from prison by the Nigerian government. In […]

The Central Bank of Nigeria (CBN) says Nigerians should disregard claims that the old naira notes will cease to be legal tender on December 31, 2024. In a statement on X on Thursday, Sidi Ali, […]

President Bola Tinubu’s cabinet reshuffle on Wednesday, which had Ogun State reportedly producing four ministers, the highest by a state in the cabinet, has sparked reactions across the country. In a significant cabinet shakeup during […]

OSOGBO – Former Osun State Governor, Adegboyega Oyetola and his successor, Ademola Adeleke have again locked horns over the integrity of the flyover constructed at Olaiya in the State capital by the former. Governor Adeleke […]

Nyesom Wike, the minister of the federal capital territory (FCT), says he revoked the title of an abandoned land allocated to Julius Berger Nigeria Plc to construct quarters for judges in Abuja. Wike spoke in […]

The Nigeria Immigration Service (NIS) has confirmed the arrest of crossdresser Bobrisky at the Seme border. Seme border is a settlement in Nigeria on the border with Benin. It is a thirty-minute drive from Badagry […]

ABUJA—Dangote Refinery and Petrochemicals said yesterday it was settling out of court with the Nigerian National Petroleum Company Limited, NNPCL, and six others over import licences granted them by the Nigeria Midstream and Downstream Petroleum […]

ABUJA—Dangote Refinery and Petrochemicals said yesterday it was settling out of court with the Nigerian National Petroleum Company Limited, NNPCL, and six others over import licences granted them by the Nigeria Midstream and Downstream Petroleum […]

Festus Keyamo, minister of aviation and aerospace development, says Nigeria’s score on the Cape Town Convention (CTC) compliance index has been increased from 70.5 percent to 75.5 percent. The CTC compliance index monitors and assesses […]

Aliko Dangote, the president of the Dangote Industries Limited (DIL), has doubled his wealth to a record $27.8 billion, following the operationalisation of his multibillion-dollar oil refinery. According to the Bloomberg Billionaires Index, Dangote’s net […]

Nigerian Electricity Regulatory Commission (NERC) says the federal government incurred an electricity subsidy obligation of N380 billion in the second quarter (Q2) of 2024. The NERC, in its quarterly report released on Friday, said the […]

The crisis rocking the Peoples Democratic Party, which relates to issues in Rivers State and the conflict between the Minister of Federal Capital Territory, Nyesom Wike, and the Bauchi State Governor, Bala Mohammed, has factionalised […]

Amid feedstock challenges, the Dangote Group, owners of the Dangote Refinery, will soon commence crude oil production. According to reports by S&P Global Commodity Insights, the Dangote Group is looking to start production at its […]

Access Bank says it has rescheduled its system upgrade earlier slated for October 12, noting that customers may experience “minimal” service disruptions. In a notice to customers on Wednesday, the bank said a new date […]