News

British consumer goods group PZ Cussons Plc is at the warm-up stage of completely or partially quitting operations in Africa, where Nigeria and Kenya are the main manufacturing hubs. The continent accounts for 28.7 per […]

Godwin Obaseki, governor of Edo, says Nigeria is “technically bankrupt” and that the federal government can no longer put a band-aid on the economy. Speaking in an interview with Channels Television on Thursday, Obaseki said […]

The federal government, states, and local governments in Nigeria shared a total of N1.203 trillion in revenue generated for August 2024, according to the Federation Accounts Allocation Committee (FAAC). The revenue distribution was announced following […]

Former Governor of Kogi State, Alhaji Yahaya Bello, on Wednesday morning honoured the invitation of the Economic and Financial Crimes Commission, at their office in Abuja. A statement by the Director of his Media Office, […]

The federal government has donated 19 trucks of rice to Kano State as part of measures to reduce hunger. Maryam Shettima, a member of the committee inaugurated by the government to supervise the distribution to […]

A string of coups in the central Sahel continues to reverberate in West Africa. The central Sahel states of Burkina Faso, Mali, and Niger — all of which are now ruled by military juntas — […]

On September 15, the Nigerian National Petroleum Company (NNPC) Limited Company commenced the lifting of petrol from the Dangote Petroleum Refinery after prolonged negotiations on pricing mechanisms. At the close of loading on the aforementioned date, the […]

The Associated Press reports that a federal indictment was unsealed on Tuesday — a few hours after the rapper was arrested by officers with Homeland Security Investigations at the hotel where he was staying at […]

The long walk to solving Nigeria’s oil and gas crisis took a fresh twist on Thursday, when the Vice President of Dangote Industries Limited, Devakumar Edwin accused local petroleum marketers of boycotting Dangote Refinery’s petrol […]

An Ikeja special offences court has sentenced Marco Ramirez, an American businessman, to 74 years in prison for fraud. Ramirez was convicted on Tuesday on charges preferred against him by the Economic and Financial Crimes […]

The State Security Service (SSS) has released the president of the Nigerian Labour Congress (NLC), Joe Ajaero, after detaining him for about 15 hours on Monday. The SSS released him at about 11 p.m. on […]

On 2 September, the Nigerian government declared wanted a British socialist, Andrew Wynne, after accusing him of leading an attempt to topple President Bola Tinubu’s administration “and plunge the nation into chaos” under the guise of the […]

Details have emerged regarding why Ajuri Ngelale, the spokesperson of President Bola Tinubu, stepped down from his position on Saturday. While Mr Ngelale said he was stepping aside to deal with medical matters affecting his […]

Dr Olisa Agbakoba is a distinguished Senior Advocate of Nigeria and former President of the Nigerian Bar Association. While speaking with Biodun Busari, he offers his insightful perspective on Nigeria’s persistent challenges, from escalating fuel […]

Petrol scarcity in parts of the country has lingered as motorists throng filling stations for the product. On September 3, the Nigerian National Petroleum Company (NNPC) Limited raised the price of premium motor spirit (PMS), […]

Two Nigerians have been sentenced to prison by a US federal court for their involvement in wire fraud. Franklin Okwonna, 34, and Ebuka Umeti, 35, were convicted for causing over $5 million in losses to […]

The Chinese government says it will partner with Nigeria in the fight against money laundering and terrorism financing. A joint statement issued by both countries said the agreement aimed at supporting Nigeria’s efforts to safeguard […]

The Nigeria Labour Congress (NLC) has said it feels betrayed by the federal government following Tuesday’s increase in the pump price of petrol at NNPC Ltd’s fuel stations. The NLC, in a statement by its […]