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Peter Obi Draws Inspiration from Indonesia’s Transformation
Labour Party’s presidential candidate in Nigeria’s 2023 general elections, Peter Obi, has concluded a visit to Indonesia, where he gained valuable insights into the country’s governance strategies and development initiatives. Obi’s meetings with top government officials, including Agung Laksono, former…
General Hydrocarbons Limited Sets Record Straight in First Bank’s $225 Million Loan Claim
General Hydrocarbons Limited (GHL) has disputed First Bank of Nigeria’s (FBN) claim of a $225 million loan, stating that the relationship between the two companies is a project finance agreement, not a normal commercial loan. According to a press statement…
Hon Stephen Abraham Ajiya Campaign Council Demands Apology from PDP FCT Executive Committee for Alleged Imposition of Candidate
The Hon. Stephen Abraham Ajiya Campaign Council has called on the Peoples Democratic Party (PDP) Federal Capital Territory (FCT) Executive Committee to issue a formal apology to Hon. Stephen Abraham Ajiya for initially releasing a communiqué adopting a candidate contrary…
Taraba ALGON Chair Leads LG Chairmen to Meet Governor Kefas, Solidify Front for Grassroots Development
Hon. (Dr.) Aminu Jauro Hassan, the Chairman of Jalingo Local Government Area of Taraba State and the state chairman of the Association of Local Governments of Nigeria (ALGON), has led his colleagues, the Chairmen of the 16 Local Government Areas…
Economy
Global Oil Price Surges as US Imposes Latest Sanctions on Russia
The global oil market witnessed a significant surge on Monday, with Brent crude rising above $81 per barrel, as the latest US sanctions on Russia’s oil industry took effect. This development comes after oil marketers in India and China scrambled…
General Hydrocarbons Limited Denies Owing First Bank of Nigeria $225 Million
In a recent statement, General Hydrocarbons Limited (GHL) has vehemently denied allegations of owing First Bank of Nigeria (FBN) $225 million. The statement, signed by Abdelmuizz Bello, Director of Strategy & Operations at GHL, provides a detailed breakdown of the…
Northern CSOs, Stakeholders, Reject Tax Reform Bills, Demand Relocation of All Bank Headquarters to Abuja
A town hall meeting convened by the Coalition of Northern Groups (CNG) Gombe State Chapter, in collaboration with Civil Society Organizations (CSOs) and critical stakeholders, has vehemently rejected the proposed Tax Reform Bills. The meeting, held at Gombe State University…
TCN Announces Planned Power Outage, Embarks on Tower Relocation Project
The Transmission Company of Nigeria (TCN) has announced a planned power outage in parts of the Federal Capital Territory (FCT) due to the relocation of eight 132kV and 33kV towers along the Kukwaba/Apo 132kV line. The relocation is necessitated by…
Obasanjo Gets NNPC Limited’s Invitation After Revealing How NNPC Rejected Dangote’s $750m Offer to Manage Nigeria’s Refineries
Former Nigeria’s President Olusegun Obasanjo has revealed that the Nigerian National Petroleum Corporation (NNPC), now Nigerian National Petroleum Company Limited (NNPC Limited) rejected a $750 million offer from Aliko Dangote to manage the Port Harcourt and Kaduna refineries in 2007….
Brands
Suppression of Facts: GHL Floors First Bank in Court as Judge Sets Aside Freezing Orders
In a landmark victory for General Hydrocarbons Limited, the Federal High Court in Lagos has set aside an order of Mareva injunction freezing the assets of the company and its directors. The court, while upholding the arguments of GHL’s counsel,…
Tsion Coin Gets Boost as All-Africa Students’ Union Endorses it as Official Cryptocurrency
In a significant development, the All-Africa Students’ Union (AASU) has endorsed Tsion Coin as the official transaction cryptocurrency for students and education institutions across Africa. This endorsement is a major boost for Tsion Coin, which is revolutionizing the education sector…
How First Bank’s Reckless Actions Sparked Crisis, Exposed 93 Lives to Danger on Oil Rig – GHL Alleges
A recent statement by General Hydrocarbons Limited (GHL) has exposed a shocking incident involving First Bank of Nigeria (FBN) that put the lives of 93 people, including foreign nationals at risk on an oil rig. The incident occurred on October…
GTBank’s System Upgrade Sparks Widespread Outrage as Customers Complain of Unauthorized Debits, Trapped Funds, and Failed Transactions
Guaranteed Trust Bank (GTBank) is facing a growing backlash from its customers over a recent system upgrade that has caused widespread transaction failures, unauthorized debits, and trapped funds. The bank had announced plans to upgrade to a new Finacle Core…
GTCO Vs Four Journalist: NUJ Calls for GTBank Boycott Over Alleged Cyberstalking Trial
The Nigeria Union of Journalists (NUJ), Ogun State Council, has directed its members to shut down their Guaranty Trust Holding Company (GTCO) the parent company of Guaranty Trust Bank (GTBank) accounts, effective immediately. This move follows the prolonged detention of…
Arts And Culture
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Real Estate
Tragedy Strikes as Former Governor’s Mansion Collapses in Abuja
In a shocking turn of events, a four-storey mansion belonging to former Imo State governor, Senator Rochas Okorocha, collapsed yesterday in the heart of Abuja. The incident occurred along Amadu Bello Way, Garki, and has left the nation in disbelief….
Enugu’s Land Grabbing Crisis: NGIJ Investigation Unveils Exploitative Woes As “Captain” Accused of Using Soldiers For Land Grabbing Linked To Lagbaja Family
By NGIJ Team In recent years, Nigeria has been grappling with a pressing issue known as land grabbing, where land rights are violated and increasingly stripped away from local communities and vulnerable individuals. This contentious practice, often fuelled by powerful…
President Tinubu Directs Mandatory Recitation Of National Pledge After National Anthem At Official Functions
To ensure absolute respect for the national symbols, strengthen allegiance and fidelity to country, and to preserve Nigeria’s ethos and defining character, President Bola Tinubu has directed the mandatory recitation of the National Pledge after the National Anthem at every…
Save Enugu Group Sends SOS To Tinubu, Mbah, Over Misuse Of Soldiers In Enugu
Worried by the harassment and intimidation of citizens in the state over land matters, a frontline pressure group and human rights advocate, the Save Enugu Group (SEG), has sent a Save-Our-Souls (SOS) alert to President Bola Ahmed Tinubu as the…
Ministers, Ambassadors Won’t Be Spared As Illegal Structures Will Go Down – Wike Fumes on Resumption Of Duties As FCT Minister
Newly-inaugurated Minister of the Federal Capital Territory (FCT), Barrister Nyesom Wike, has on assumption of office on Monday warned those distorting the master plan of the FCT to expect their properties to “go down”. The immediate past Rivers State Governor…
Manufacturing Watch
Kebbi Customs Command Achieves Significant Milestones in Q3
The Nigeria Customs Service Area Command in Birnin-Kebbi, Kebbi State, has announced impressive results for the third quarter of 2024. The Command generated N36.2 million and seized illicit goods valued at over N323 million. Revenue Generation and Anti-Smuggling Efforts Comptroller…
Nigerians React As Dangote Refinery Contains Minor Fire
The Dangote Refinery has contained a minor fire at its effluent treatment plant, the Nigeria’s privately owned company said. According to a post on its social media platforms, Dangote Industries Limited said, “We have swiftly contained a minor fire incident…
Jigawa Partners with Private Firm to Establish 3 Liquefied Petroleum Gas Bottling Plants
…To Train 1,000 Youths Annually The Jigawa State Government has taken a significant step towards promoting environmental sustainability and job creation by signing a Memorandum of Understanding (MOU) with Argemeering Services Limited. The partnership aims to establish three liquefied petroleum…
Nationwide Strike Grounds Nigerian Economy: Airports, Electricity, and Government Offices Shut Down
As a nationwide strike initiated by labor unions, including the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) began in Nigeria on Monday, June 3, 2024, there has been significant repercussions across various sectors of the country’s already…
Manufacturers Attack CBN, Accuses Apex Bank Of Prioritising Financial Sector Over Real Sector
Nigerians in the manufacturing sector have accused the Central Bank of Nigeria (CBN) of prioritising the financial sector over the real sector in the manner it has been deploying its monetary policy options. Citizens in the sector under the aegis…
Oil And Gas
Global Oil Price Surges as US Imposes Latest Sanctions on Russia
The global oil market witnessed a significant surge on Monday, with Brent crude rising above $81 per barrel, as the latest US sanctions on Russia’s oil industry took effect. This development comes after oil marketers in India and China scrambled…
Obasanjo Gets NNPC Limited’s Invitation After Revealing How NNPC Rejected Dangote’s $750m Offer to Manage Nigeria’s Refineries
Former Nigeria’s President Olusegun Obasanjo has revealed that the Nigerian National Petroleum Corporation (NNPC), now Nigerian National Petroleum Company Limited (NNPC Limited) rejected a $750 million offer from Aliko Dangote to manage the Port Harcourt and Kaduna refineries in 2007….
Kebbi Customs Command Achieves Significant Milestones in Q3
The Nigeria Customs Service Area Command in Birnin-Kebbi, Kebbi State, has announced impressive results for the third quarter of 2024. The Command generated N36.2 million and seized illicit goods valued at over N323 million. Revenue Generation and Anti-Smuggling Efforts Comptroller…
BREAKING: Nigeria Deregulates Petrol Market, Allows Marketers to Buy Directly from Dangote Refinery
Nigeria’s Federal Government has taken a bold step towards deregulating the petroleum market, granting petroleum marketers permission to purchase petrol directly from the Dangote refinery. This move effectively bypasses the Nigerian National Petroleum Company Limited (NNPC), ending its monopoly on…
Nigerian Petroleum Marketers Cry Foul as NNPCL Sells Petrol at Higher Rate
The Nigerian National Petroleum Company Limited (NNPCL) has been accused of selling petrol to marketers at a higher rate, sparking outrage among petroleum marketers. According to Abubakar Garima, National President of the Independent Marketers Association of Nigeria (IPMAN), NNPCL sells…
MDAs
Nigeria’s Road Infrastructure Quagmire: Umahi Reveals Amount Needed to Tackle Decay
The Minister of Works, Dave Umahi, has painted a grim picture of Nigeria’s road infrastructure, revealing the amount needed to tackle roads infrastructure deficit in the country. According to him, a staggering N18 trillion is required to address the country’s…
Aviation Perm Sec Extols NAMA’s Commitment To Safety, Efficiency Of Air Travel
The newly appointed Permanent Secretary of the Ministry of Aviation and Aerospace Development Dr. Ibrahim Abubakar Kana has commended the critical role played by the Nigerian Airspace Management Agency (NAMA) in ensuring the safety and efficiency of air navigation in…
FCT Administration Moves Against Vandals
The Federal Capital Territory Administration (FCTA) is on the heels of some suspected vandals allegedly responsible for stealing sewage manhole covers in Abuja. Mr Lere Olayinka, Senior Special Assistant on Public Communications and New Media to the FCT Minister, Mr…
TCN Announces Planned Power Outage, Embarks on Tower Relocation Project
The Transmission Company of Nigeria (TCN) has announced a planned power outage in parts of the Federal Capital Territory (FCT) due to the relocation of eight 132kV and 33kV towers along the Kukwaba/Apo 132kV line. The relocation is necessitated by…
Startups
Advocacy
Politics
BREAKING: Nasarawa State Assembly Unveils, Ex-National President, 15 Other Commissioner Nominees, Paving the Way for a Brighter Future
In a move that promises to bring about transformative change, the Nasarawa State House of Assembly has unveiled a list of 16 commissioner nominees, carefully selected by the state Governor, Engr Abdullahi Sule. This esteemed group of individuals is poised…
Peter Obi Draws Inspiration from Indonesia’s Transformation
Labour Party’s presidential candidate in Nigeria’s 2023 general elections, Peter Obi, has concluded a visit to Indonesia, where he gained valuable insights into the country’s governance strategies and development initiatives. Obi’s meetings with top government officials, including Agung Laksono, former…
Hon Stephen Abraham Ajiya Campaign Council Demands Apology from PDP FCT Executive Committee for Alleged Imposition of Candidate
The Hon. Stephen Abraham Ajiya Campaign Council has called on the Peoples Democratic Party (PDP) Federal Capital Territory (FCT) Executive Committee to issue a formal apology to Hon. Stephen Abraham Ajiya for initially releasing a communiqué adopting a candidate contrary…
Taraba ALGON Chair Leads LG Chairmen to Meet Governor Kefas, Solidify Front for Grassroots Development
Hon. (Dr.) Aminu Jauro Hassan, the Chairman of Jalingo Local Government Area of Taraba State and the state chairman of the Association of Local Governments of Nigeria (ALGON), has led his colleagues, the Chairmen of the 16 Local Government Areas…
Revolutionizing Healthcare in Imo: Hon Adikibe’s New Era of Leadership
In a groundbreaking move, Hon. Ikenna Adikibe, the Chairman of the Association of Local Governments of Nigeria (ALGON) in Imo State and the Executive Chairman of Oru West Local Government Area, has made a historic investment in the health future…
Ships & Ports
Fire At Lagos Port Terminal Disrupts Operations As Quick Response Averts Major Disaster
A potentially disastrous fire outbreak was contained at the Lagos Port Complex, Apapa, after a crane caught fire, thanks to the swift response of the Nigerian Ports Authority (NPA) and APM Terminals. Fortunately, no injuries or fatalities were reported, and…
Expected Benefits As Buhari Inaugurates $1.5bn Deep Sea Port Amid Ailing Economy
Nigerian President Muhammadu Buhari has marked the opening of a $1.5 billion, Chinese-funded deep seaport in the commercial hub of Lagos that authorities hope will help grow the West African nation’s ailing economy. The Lekki Deep Sea Port is one…
Environment
Kogi State Grapples with Unprecedented Flooding: 200 Communities Submerged, 2 Million Displaced
Kogi State is facing an unprecedented humanitarian crisis as devastating floods have ravaged the region, submerging over 200 communities and displacing approximately two million people. The state’s Commissioner for Information and Communications, Hon. Kingsley Fanwo, revealed the alarming figures on…
Nigeria’s Climate Action Envoy Sparks Paradigm Shift in Energy Investments
Plans are underway to co-create solutions with global energy leaders, catalyzing large-scale private-sector investments in renewable energy and carbon capture technology projects in Nigeria. Ajuri Ngelale, Nigeria’s Envoy on Climate Action, revealed this after participating in a Leadership Roundtable during…
Rapid Industrialisation In Africa: Osinbajo Makes Case For Sustainable Energy
Nigeria has a crucial and strategic role to play in the transition to a more sustainable energy future for the continent and the rest of the world, even as Africa would need rapid industrialization to get millions of its people…