BREAKING: Dangote Refinery slashes petrol price to N1,200/litre
Dangote Refinery has reduced the price of petrol, bringing down the ex-gantry cost of Premium Motor Spirit (PMS) by N75 to N1,200 per litre, according to industry sources. This price drop comes shortly after the refinery had increased petrol to about N1,275 per litre, blaming the earlier rise on global oil market instability that raised […]
‘He was working on Easter’ — Otedola reveals details of meeting with Tinubu
Nigerian businessman Femi Otedola has shared that Bola Ahmed Tinubu was actively working even on Easter Sunday. He made this known in a post on social media, explaining that he visited the president together with Aliko Dangote. Otedola said their discussion focused on the country’s economy and ways Nigerians can benefit from the government’s ongoing […]
Dollar to Naira exchange rate today, April 6, 2026
The Nigerian Naira started the first full trading week of April 2026 on a steady note against the US Dollar. Across both the official and parallel markets, the currency showed signs of stability, supported by recent financial reforms and the Central Bank’s tight monetary policies. At the official Nigerian Foreign Exchange Market (NFEM), the Naira […]
‘Don’t vote for me’ – Obi uses Tinubu’s campaign promise against him as power crisis in Nigeria worsens
Nigeria’s electricity crisis has sparked fresh criticism from Peter Obi, who has called out President Bola Tinubu over unmet promises. Obi pointed to Tinubu’s 2023 campaign statement where he said Nigerians should not re-elect him if he failed to deliver steady power within four years. In a post shared on X, Obi argued that instead […]
Lagos receives five fuel vessels as supply concerns mount
Lagos has received five vessels carrying petrol and diesel, bringing relief amid growing fuel supply concerns. The ships delivered about 95,000 metric tonnes of Premium Motor Spirit and Automotive Gas Oil within two days. According to the Nigerian Ports Authority, the vessels arrived between March 27 and March 29, 2026. Some of the deliveries were […]
What CBN’s new policy on diaspora remittances means for naira to dollar exchange — Gwadabe
The Central Bank of Nigeria has introduced new rules on diaspora remittances, aimed at improving the foreign exchange system. According to Aminu Gwadabe, the policy will help make the market more transparent and efficient. The new directive requires International Money Transfer Operators to route funds through naira settlement accounts. It also mandates the use of […]
Power supply will be better – President Tinubu assures Nigerians
Bola Ahmed Tinubu has assured Nigerians that electricity supply will improve in the near future. He gave this assurance while addressing members at the All Progressives Congress national convention in Abuja. According to the president, his administration is already working on reforms to tackle persistent power challenges. He revealed plans to inject about 1,500 megawatts […]
Nigeria moving from survival mode to stability, prosperity era – Tinubu
President Bola Ahmed Tinubu has said Nigeria is moving beyond a period of struggle into stability and growth. He explained that the country is gradually transitioning from survival mode to a more secure and prosperous phase. According to him, ongoing reforms are beginning to produce positive results across key sectors. The president also noted that […]
Food security/poverty reduction: Revamping cooperative sector is urgent, not optional
The Minister of State for Agriculture and Food Security, Sabi Abdullahi, has stressed that reforming Nigeria’s cooperative sector is critical to achieving food security and reducing poverty. He described the move as urgent and unavoidable. According to him, cooperatives play a major role in everyday economic activities, from farming and food distribution to housing, transport, […]
Uk State visit: Nigeria out of dark tunnel – Tinubu
President Bola Ahmed Tinubu has assured Nigerians that the country is moving beyond its economic struggles and entering a new phase of growth. Speaking in London during a special event, he said his administration is focused on restoring hope and building a better future for citizens. Tinubu explained that Nigeria has gone through difficult times […]