Petrol price cut: Dangote Refinery mum over failed fuel distribution deadline
The Dangote Refinery has stayed quiet after failing to meet its own August 15, 2025 deadline to begin distributing petrol and diesel across Nigeria. In June, the company had announced a plan to roll out 4,000 compressed natural gas (CNG) trucks for fuel distribution, an investment that would cost about ₦720 billion every year. The […]
“The reforms I have embarked upon have been impactful. The results are blossoming. No more corruption”- President Tinubu tells Brazilian business community
President Bola Tinubu said that the changes his government has made are already showing results. He claimed that corruption in Nigeria’s foreign exchange market has been removed and that honest businesses can now thrive in the economy. Speaking at a press conference with Brazilian President Luiz Inácio Lula da Silva in Brasília, Tinubu explained that […]
Tinubu welcomes Petrobras’ planned return to Nigeria after five-year exit
President Bola Tinubu has welcomed the planned return of Brazil’s state-owned oil company, Petrobras, to Nigeria after a five-year absence, calling it an important step toward closer economic ties between the two countries. Speaking during a joint press conference in Brasília on his official visit to Brazil, Tinubu said that Petrobras’ renewed presence would help […]
Mutfwang gets special invitation to join Tinubu on state visit to Brazil
Plateau State Governor, Caleb Manasseh Mutfwang, has joined President Bola Ahmed Tinubu on his official state visit to Brazil after receiving a special invitation from the president. Unlike the recent trip to Japan where he was not part of the official delegation, Mutfwang was among the top government officials who welcomed the president in Brazil […]
Nigeria’s Justice System Favours The Wealthy, Failing The Poor – Sultan of Sokoto Raises Alarm
The Sultan of Sokoto, Muhammadu Sa’ad Abubakar, has strongly criticized Nigeria’s justice system, saying it does not treat citizens fairly. He explained that the system mostly benefits the wealthy, while the poor continue to suffer without justice. Speaking in Enugu on Sunday during the Nigerian Bar Association (NBA) Annual General Conference, the Sultan said corruption […]
NLC, Atiku’s aide, activist, Akpan reject proposed salary raise for Tinubu, govs, ministers
There is growing unrest in Nigeria over the plan to increase the salaries of President Bola Tinubu, state governors, ministers, and other top government officials. The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) recently announced its plan to review the pay of public office holders. According to its chairman, Mohammed Shehu, the current salaries of […]
11 electricity distribution companies owe Federation Account N2.6 trn
Eleven electricity distribution companies in Nigeria have been reported to owe the Federation Account a huge sum of ₦2.6 trillion, according to the Nigerian Bulk Electricity Trading Company (NBET) PLC. The revelation was made by NBET’s Managing Director, Johnson Akinnawo, when he appeared before the House of Representatives Committee on Public Accounts on August 20. […]
$125m facility from Islamic Development Bank will tackle erosion menace – Abia monarch
The Chairman of Abia State Council of Traditional Rulers, Eze Linus Nto Mbah, has praised Governor Alex Otti for securing a $125 million loan from the Islamic Development Bank. He noted that the funding for the Abia State Integrated Infrastructure Development Project will bring massive growth to the state. He explained that the facility will […]
Naira records three consecutive depreciations against US dollar
The Naira on Wednesday recorded its third straight loss against the United States dollar at the official foreign exchange market, even though Nigeria’s external reserves have risen to $41 billion. Data from the Central Bank of Nigeria showed that the Naira closed at ₦1,536.73 per dollar, weaker than the ₦1,534.93 rate recorded on Tuesday. This […]
Imo, A State on the Rise: Hope Uzodimma’s Vision for Growth and Investment
Imo State is stepping into a new era of development and opportunity. Under Governor Hope Uzodimma, the state is becoming a center for innovation, industry, and skill-building, making it one of the most attractive places for investors in Nigeria. The government has worked hard to improve security across communities while preparing the state for industrial […]