Sell Port Harcourt, three other NNPCL refineries in 2026 – PETROAN to Nigerian Govt
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has advised the Federal Government to sell the Port Harcourt refinery along with three other refineries operated by the Nigerian National Petroleum Company Limited (NNPCL) in 2026. The group believes that private sector control will improve efficiency and reduce the burden on government resources. PETROAN […]
New tax laws: Nigerians don’t trust Tinubu’s govt on expenditure – Financial Analyst, Aja
Financial analyst Aja has expressed concern over Nigerians’ lack of trust in the federal government regarding the implementation of new tax laws. According to him, citizens are worried that revenue collected may not be spent transparently or efficiently. Aja highlighted that past experiences with government spending have made many Nigerians cautious about accepting new tax […]
Fuel price cut: Why Nigerian govt policy should favour Dangote Refinery, domestic refineries – CPPE
The Centre for the Promotion of Private Enterprise (CPPE) has advised the Federal Government to design fuel pricing and import policies that support Nigeria’s local refineries, especially the Dangote Refinery. According to the group, doing so will help reduce the cost of fuel, improve energy security, and strengthen the local economy. CPPE said that allowing […]
Naira Records Second Straight Appreciation Against US Dollar
Nigeria’s currency, the naira, has recorded a second consecutive day of improvement against the United States dollar in the official foreign exchange market. This positive movement suggests a slight return of confidence and improved liquidity in the forex space. Market watchers say the appreciation is linked to increased dollar supply and recent monetary policies aimed […]
Ahmed formally hands over to Mohammed as CEO of NMDPRA
Former Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, has formally handed over leadership of the agency to his successor, Engr. Ahmed Mohammed. The handover ceremony marked the official transition of leadership at the petroleum regulatory body responsible for overseeing Nigeria’s midstream and downstream energy sectors. During the event, […]
I didn’t say it’s fake – Oyedele clarifies comment on controversial Tax Reform Act
National Tax Policy expert, Kayode Oyedele, has clarified his earlier statement regarding the controversial Tax Reform Act, insisting that he never called the law “fake.” Oyedele noted that his comments were misinterpreted in media reports, leading to public confusion. He explained that while the Act has generated debate and concerns from stakeholders, his intention was […]
ICPC releases 2025 scorecard of MDAs, laments non-compliance to ethics
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has released the 2025 Ethics and Integrity Compliance Scorecard (EICS) for federal ministries, departments, and agencies (MDAs). The report highlights that no MDA achieved full compliance with ethical standards. Out of 344 MDAs assessed, only 48 showed substantial compliance, while 141 displayed poor compliance and […]
Dangote Threatens Kaduna Businessman, Kailani Mohammed With ₦100 Billion Lawsuit
Billionaire industrialist Aliko Dangote has reportedly threatened Kaduna-based businessman Kailani Mohammed with a ₦100 billion lawsuit. The dispute arises from alleged business disagreements and claims of reputational harm. Dangote’s legal team is said to be preparing formal proceedings to protect his interests. According to sources, the legal action stems from statements and business dealings that […]
Naira records significant appreciation against US dollar
The Nigerian Naira has recorded a significant appreciation against the US dollar, signaling a positive trend for the country’s economy. Experts attribute this gain to increased foreign exchange inflows and government policies aimed at stabilizing the currency. The improvement comes as a relief to businesses and citizens who rely on the dollar for trade and […]
He has right to sue – Shehu Sani reacts as Dangote threatens businessman with N100bn lawsuit
Former senator Shehu Sani has reacted to reports that Africa’s richest man, Aliko Dangote, is threatening a businessman with a ₦100 billion lawsuit. According to Sani, Dangote has every legal right to seek redress in court if he believes his reputation or business interests have been harmed. He noted that access to justice is a […]