Binance Seeks Settlement with Nigerian Government, Urges Release of Executive
Binance Holdings Limited has expressed its willingness to resolve any past issues with the Nigerian Government, urging the authorities to release their detained executive, Tigran Gambaryan. Gambaryan, who was arraigned at the Federal High Court in Abuja on Monday for alleged money laundering, faced the court in visible distress, relying on crutches as he was […]
President Tinubu Meets with Chinese PM Xi Jinping in Beijing to Boost Nigeria-China Relations
President Bola Tinubu is currently in Beijing, China, where he is holding a significant meeting with Chinese Prime Minister Xi Jinping. This meeting is a key part of the China-Africa Collaboration Summit, which aims to strengthen ties between African nations and China, with a particular focus on boosting foreign investment in Nigeria. The Nigerian delegation […]
Bill Gates To Visit Nigeria Today to Address Development Challenges – September 2
Bill Gates, the former CEO of Microsoft and co-chair of the Bill & Melinda Gates Foundation, is in Nigeria today, September 2. The foundation announced his visit in a statement from Abuja. Gates is in Nigeria to meet with government officials, young people, and partners to discuss solutions to various challenges facing the country. His […]
Breaking News: Dangote Refinery Begins Petrol Production; Availability in 48 Hours Pending NNPCL Approval (Video)
Aliko Dangote, the President of Dangote Group, has shared that petrol from his new Lagos-based refinery could be on the market within 48 hours, depending on the Nigerian National Petroleum Company Limited (NNPCL). In an interview with Channels Television, Dangote explained that his $20 billion refinery, which has a daily capacity of 650,000 barrels, is […]
Nigerians Struggle as Petrol Prices Soar Above N1,000 per Litre
Nigerians are feeling the pinch as petrol prices soar above N1,000 per litre in many areas across the country. This sharp increase in fuel prices has caused widespread concern among citizens. In response to the crisis, Dangote Refinery has started producing Premium Motor Spirit (PMS). The Lagos-based refinery, which can handle 650,000 barrels of oil […]
Nigerian Army Faces Delay in August Salary Payments
The Nigerian Army has officially confirmed a delay in the payment of August 2024 salaries and allowances for its personnel, causing widespread concern among soldiers and their families. This unusual situation has prompted the Army authorities to issue a memo urging troops to remain patient as efforts are being made to ensure prompt payment. Official […]
Governor Mbah Honors Mike Ejeagha by Renaming Enugu Road After Him
Governor Mbah recently paid a visit to the renowned cultural icon, Mike Ejeagha, as part of his efforts to celebrate Enugu State’s rich heritage. During his visit, the governor also commissioned four new roads in Abakpa Nike. In a special tribute to Mike Ejeagha’s significant contributions to the culture of Enugu, the Obinagu Road, which […]
Nigeria to Invest $800 Million in Power Infrastructure
In a significant move to boost Nigeria’s power sector, the federal government has unveiled plans to invest $800 million under the Presidential Power Initiative (PPI). This substantial investment will focus on constructing new substations and upgrading distribution networks across the country. The $800 million investment will be allocated in two equal parts: $400 million for […]
Petrol Price: New Crisis Expected as NNPCL Faces Financial Issues
The price of petrol in Nigeria might soon go up as the Nigerian National Petroleum Company Limited (NNPCL) grapples with financial challenges. On Sunday, NNPCL spokesperson, Olufemi Soneye, confirmed that the company is feeling the strain of high fuel supply costs. This situation has put a lot of pressure on the company, threatening its ability […]
Nigeria’s Leaders Attend 2024 China-Africa Summit in Beijing
Nigeria’s top leaders have gathered in Beijing, China, for the 2024 Summit of the Forum for China-Africa Cooperation. This significant event brings together key figures from across Africa to discuss and strengthen ties with China. Among those representing Nigeria are President Bola Ahmed Tinubu, Governor AbdulRahman Abdulrazaq, who also serves as the Chairman of the […]