General Abdulsalami Abubakar Expresses Concern Over Escalating Economic Crisis
Former Nigerian Military Head of State, General Abdulsalami Abubakar, has raised serious concerns about the increasing economic hardship facing Nigerians. Speaking during a meeting with the leadership of the Campaign for Democracy and Human Rights at his residence in Minna, Niger State, General Abubakar warned that the economic situation is worsening and becoming unmanageable. He […]
CBN Sticks to 5% Limit for Ways and Means Advances, Overriding National Assembly’s Decision
In a recent development, the Central Bank of Nigeria (CBN) has announced it will maintain its Ways and Means Advances limit at 5% for the fiscal years 2024-2025. This decision comes despite a recent bill passed by the National Assembly, which raised the borrowing limit from 5% to 10%. Ways and Means Advances are short-term […]
Four Nigerian Scientists Making Waves Among Africa’s Top 100
Nigeria’s prominence in the global scientific community has been further solidified with four of its top scientists recently ranked among Africa’s 100 leading researchers. This achievement underscores Nigeria’s significant contributions to a range of scientific disciplines, including medicine, public health, and neurology. Oye Gureje: Pioneering Mental Health Research Dr. Oye Gureje, a distinguished psychiatrist, has […]
Nigeria’s Inflation Rate Falls for the Second Month
In August 2024, Nigeria’s inflation rate declined for the second consecutive month. According to the National Bureau of Statistics (NBS), the rate fell to 32.15%, down from 33.40% in July. This represents a 1.25% decrease from the previous month. Food inflation also saw a drop, standing at 37.52% in August, down from 39.53% in July. […]
Nigerian Journalist Rufai Oseni: Families Can’t Survive on N400k, N500k, or N600k Salaries in Lagos
Nigerian journalist Rufai Oseni has voiced concerns about the increasing financial struggles many Lagos residents face. During a segment on Arise TV, he highlighted the impact of Nigeria’s economic challenges, stating that even salaries as high as N400k, N500k, or N600k are no longer enough to support a family in Lagos. Oseni questioned the confusion […]
Fuel Queues Are Finally Over in Nigeria – Otedola
Nigerians can now say goodbye to the long-standing issue of fuel queues, according to businessman Femi Otedola. On Sunday, Otedola confirmed that the country has entered a new era as the Nigeria National Petroleum Company Limited (NNPCL) began loading petrol from Dangote Refinery. Otedola, owner of Geregu Power Plant, celebrated this milestone and praised President […]
Telcos Start Disconnecting 66 Million Phone Lines Over NIN-SIM Policy
Telecom companies in Nigeria have begun cutting off 66 million phone lines that have not been linked to the National Identification Number (NIN). This is part of a government effort to enforce the NIN-SIM linkage policy, aimed at improving national security and making it easier to identify phone users. As of March 2024, out of […]
Sowore Shares Experience After Brief Detention, Says His Bag Is Still Missing
Nigerian activist Omoyele Sowore has shared the details of what happened after he was briefly detained at Murtala Mohammed International Airport in Lagos. The incident occurred upon his arrival in Nigeria on Sunday. According to Sowore, he was stopped by the Nigeria Immigration Service (NIS) upon entering the country. He explained that this was not […]
Dangote Refutes NNPCL’s Claim of Selling Petrol at ₦898 Per Litre
The Dangote Refinery has denied reports from the Nigerian National Petroleum Company Limited (NNPCL) that it sold petrol to them at a high price of ₦898 per litre. According to a statement made on Sunday, Anthony Chiejina, a spokesperson for the Dangote Refinery, dismissed NNPCL’s claim, calling it both “misleading” and “deceitful.” He said, “Our […]
NNPCL Reveals Petrol Prices Across Nigeria After Dangote Refinery Delivery
The Nigerian National Petroleum Company Limited (NNPCL) has announced the estimated retail prices of Premium Motor Spirit (PMS), commonly known as petrol, across various states for September 2024. These prices are based on the latest supply from Dangote Refinery. Nationwide Petrol Price BreakdownAccording to NNPCL spokesperson, Olufemi Soneye, the new petrol prices were released following […]