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Economy
Nigerians’ Perception of NNPCL’s Stand on Dangote Refinery Fuel Wrong — Says Chairman, Skymark Energy and Power LTD
… Maintains that Prices Are Determined by International Market Forces The Chairman and Chief Executive Officer (CEO) of Skymark Energy and Power Limited, Muhammad Saleh Hassan, has taken a swipe at critics that are passing flaks on the NNPCL and…
Nigeria’s Solid Minerals Sector Gets $1 Billion Boost As Iron Ore to Steel Project Set to Transform Economy
In a groundbreaking move, the Federal Government has welcomed a $1 billion iron ore to steel project in Kogi State, poised to revolutionize Nigeria’s solid minerals sector. The project, a joint venture between Chart and Capstone Integrated Limited and Sinomach-He,…
ALGON Collaborates with Presidency as NDDC, WHO, Others Endorse Primary Health Care Revitalization in 774 LGAs and Councils
In a landmark event aimed at revitalizing primary healthcare delivery in Nigeria, the Association of Local Governments of Nigeria (ALGON) has collaborated with the Presidency, Niger Delta Development Commission (NDDC), World Health Organization (WHO), and other stakeholders to launch a…
Financial Woes: Nigerians’ Savings Depleted, Debt Levels Soar Amidst Rising Costs – CBN Survey Reveals
A recent survey by the Central Bank of Nigeria (CBN) has revealed that Nigerians are resorting to depleting their savings and accumulating debt due to the persistent rise in prices of goods and services. Despite this, many remain optimistic about…
Brands
Introducing OPPO Reno12 F 5G: Your First Choice AI Phone Packed with AI Portrait Capabilities, Stylish Design, Incredible Durability and Unrivaled Connectivity
OPPO today introduces Reno12 F 5G in Nigeria, adding to its popular Reno Series with a highly stylish and accessible AI phone. Featuring a brand-new Cosmos Ring Design, a dynamic Halo Light, and a 120Hz Smart Adaptive Screen, all protected…
Fidelity Bank Slammed with N555.8m Fine for Data Breach As NDPC Cracks Down on Non-Compliance
The National Data Protection Commission (NDPC) has imposed a hefty fine of N555.8 million on Fidelity Bank for violating the Nigeria Data Protection Act (NDP Act) and the Nigeria Data Protection Regulation (NDPR). This move marks a significant crackdown on…
Unity Bank Empowers Youth through Digital Literacy and Innovation
Unity Bank Plc has reaffirmed its commitment to supporting youth empowerment and technological innovation, creating opportunities for Nigerian youths to thrive in the digital economy. The bank recently hosted a high-impact webinar, “Exploring the Role of Digital Technology in Sustainable…
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…
Multichoice Ordered to Provide One Month Free Subscription to Nigerians on DStv and GOtv, Pay N150m Fine
Abuja, Nigeria — In a significant development, the Competition and Consumer Protection Tribunal has directed Multichoice Nigeria, the leading Pay-TV operator, to grant subscribers on the DStv and GOtv platforms one month of free subscription. The decision was handed down…
Arts And Culture
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
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…
Dan Agundi Power Transformers’ Fire Incident: TCN Restores Power Affected Areas in Kano
The Transmission Company of Nigeria (TCN) has confirmed that on Sunday it restored power supply to some of the areas taking supply from the transformers affected by the Dan Agundi Substation fire incident in Kano, adding that full restoration for…
Oil And Gas
NNPC Under Fire Over Dangote Refinery Petrol Pricing Discrepancy
The Nigerian National Petroleum Company Limited (NNPC Limited) is facing criticism from the Independent Petroleum Marketers Association of Nigeria (IPMAN) over its pricing of petrol lifted from the Dangote Refinery. IPMAN National Welfare Officer, John Kekeocha, expressed concerns on Channels…
Nigerians’ Perception of NNPCL’s Stand on Dangote Refinery Fuel Wrong — Says Chairman, Skymark Energy and Power LTD
… Maintains that Prices Are Determined by International Market Forces The Chairman and Chief Executive Officer (CEO) of Skymark Energy and Power Limited, Muhammad Saleh Hassan, has taken a swipe at critics that are passing flaks on the NNPCL and…
Mele Kyari not to Blame for Fuel Scarcity, Price Hike
By Muhammad Saleh Hassan Since the perennial crisis over scarcity of petrol and hike in price hit an alarming proportion in the country, unconstructive criticisms have trailed the performance of the Group Chief Executive Officer (GCEO) of Nigeria National Petroleum…
Startups
MDAs
ALGON Partners with WHO, NDDC As Landmark Technical Workshop on Primary Health Care Revitalization Kicks Off in Abuja
A groundbreaking technical workshop on Primary Health Care (PHC) revitalization and operationalization has commenced in Abuja, Nigeria, marking a significant milestone in the country’s healthcare sector. The Association of Local Governments of Nigeria (ALGON) is partnering with the World Health…
Nigerians To Pay More for “Upgraded” International Passport As New Travel Document’s Tariff Takes Off
In a move that’s left many Nigerians feeling “passport-less,” the federal government has announced a significant increase in the cost of obtaining the country’s international passport. The new fees, which take effect on September 1, 2024, are part of efforts…
Court Orders Temporary Forfeiture of $2.04 Million, Lands, and Shares Linked to Former CBN Governor Emefiele
In a significant development, Justice Akintayo Aluko of the Federal High Court in Lagos has ordered the temporary forfeiture of $2.04 million, seven choice landed properties in Ikoyi, and two share certificates of Queensdorf Global Fund Limited trust, all allegedly…
Senate Committee Slams Police, NNPC, FIRS, NIS, Defence Ministry for Disregarding Parliamentary Invitations
The Senate Committee on Public Accounts has expressed its disappointment and frustration with the heads of several government agencies, including the Nigerian National Petroleum Company Limited (NNPC Limited), the Federal Inland Revenue Service (FIRS), the police, and the Defence Ministry,…
Politics
CNPP Slams EFCC Over Shoddy Handling of Yahaya Bello’s Alleged Money Laundering Case
The Conference of Nigeria Political Parties (CNPP) has strongly condemned the Economic and Financial Crimes Commission’s (EFCC) handling of allegations against former Kogi State Governor, Yahaya Adoza Bello, accusing the agency of embarrassing the nation and compromising the anti-corruption campaign….
NGO Makes Case for Humane Treatment of Asylum Seekers and Refugees, Demands Sustainable Solutions to Root Causes
The Asylum and Refugee Rights Advocacy Foundation, also known as Asylum And Refugee Rights Advocates (ARRA), at its maiden world press conference in Abuja, Nigeria, addressed the pressing global issue of mass exodus from Africa, the Middle East, and least…
Omoyele Sowore Released Minutes After Arrest at Lagos Airport
Omoyele Sowore, the presidential candidate of the African Action Congress in the 2023 election, was arrested and released minutes later on Sunday at the Murtala Muhammed International Airport in Ikeja, Lagos State. Sowore had arrived in Nigeria from the United…
Apologise to Deputy Speaker Ben Kalu – Group Condemns Labour Party Double Standards
The One Nigeria Agenda has condemned the double standards exhibited by the Labour Party and its supporters in the political discourse, following the backlash against Deputy Speaker Rt. Hon. Benjamin Kalu’s statement on the All Progressives Congress taking over the…
APC Vs LP: Rhodes-Vivour’s Comment has Vindicated Kalu, Says Group
The Democratic Vanguard of Nigeria has stated that the recent declaration by Gbadebo Rhodes-Vivour, the 2023 Governorship Candidate of the Labour Party in Lagos State, that the party will “take over” the state in 2027, has vindicated the Deputy Speaker…
Investment
Politics
CNPP Slams EFCC Over Shoddy Handling of Yahaya Bello’s Alleged Money Laundering Case
The Conference of Nigeria Political Parties (CNPP) has strongly condemned the Economic and Financial Crimes Commission’s (EFCC) handling of allegations against former Kogi State Governor, Yahaya Adoza Bello, accusing the agency of embarrassing the nation and compromising the anti-corruption campaign….
NGO Makes Case for Humane Treatment of Asylum Seekers and Refugees, Demands Sustainable Solutions to Root Causes
The Asylum and Refugee Rights Advocacy Foundation, also known as Asylum And Refugee Rights Advocates (ARRA), at its maiden world press conference in Abuja, Nigeria, addressed the pressing global issue of mass exodus from Africa, the Middle East, and least…
Omoyele Sowore Released Minutes After Arrest at Lagos Airport
Omoyele Sowore, the presidential candidate of the African Action Congress in the 2023 election, was arrested and released minutes later on Sunday at the Murtala Muhammed International Airport in Ikeja, Lagos State. Sowore had arrived in Nigeria from the United…
Apologise to Deputy Speaker Ben Kalu – Group Condemns Labour Party Double Standards
The One Nigeria Agenda has condemned the double standards exhibited by the Labour Party and its supporters in the political discourse, following the backlash against Deputy Speaker Rt. Hon. Benjamin Kalu’s statement on the All Progressives Congress taking over the…
APC Vs LP: Rhodes-Vivour’s Comment has Vindicated Kalu, Says Group
The Democratic Vanguard of Nigeria has stated that the recent declaration by Gbadebo Rhodes-Vivour, the 2023 Governorship Candidate of the Labour Party in Lagos State, that the party will “take over” the state in 2027, has vindicated the Deputy Speaker…