Group Challenges NNPC Limited’s Oil Theft Claims in Niger Delta, Sends Strong Message to President Tinubu
The Movement for Sustainable Development of the Niger Delta (MSDND) has voiced concerns over the Nigerian National Petroleum Company Limited (NNPC Limited) and its managing director, Mr. Mele Kyari’s allegations of rampant oil theft in the Niger Delta, sending strong…
NNPCL Declares “War” on Crude Oil Production
The Nigerian National Petroleum Company Limited (NNPCL) has declared that a state of emergency has been announced regarding crude oil production in Nigeria. The company declared war against all factors militating against crude oil production in Nigeria. Mele Kyari, Group…
Evidence Proves Nigeria Executing 4 National Budgets Concurrently Under Tinubu – Peter Obi
The Labour Party Presidential Candidate in the 2023 general elections, Peter Obi has picked holes with the implementation of four national budgets running concurrently under President Bola Tinubu administration, describing the development as a recipe for chaos and frivolity. The…
Nigeria Borrowed N7.71 Trillion In Q1 2024 – DMO
In a bid to clarify Nigeria’s debt status, the Debt Management Office (DMO) on Wednesday disclosed that the country’s fresh borrowing totalled about N7.71 trillion in the first quarter of 2024. The DMO explained that the fresh borrowing includes N2.81…
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…
Expections,Challenges as Tinubu Names Olatunji Bello CEO of FCCPC
In a move aimed at enhancing consumer protection and promoting fair competition, President Bola Tinubu has appointed Mr. Olatunji Bello as the Chief Executive Officer (CEO) of the Federal Competition and Consumer Protection Commission (FCCPC). Ajuri Ngelale, Special Adviser to…
Abuja’s Business Climate Suffers Amidst Rising Security Concerns
Recent findings by an Africa-focused market/security intel gathering and strategic consulting firm, SBM Intelligence, have cast a spotlight on the escalating security issues in Nigeria’s capital, Abuja, and their adverse impact on the city’s commercial activities. The report indicates a…
Governor Ododo Spearheads Major Roadworks in Kogi State
Kogi State is set to witness a major transformation as Governor Alhaji Ahmed Usman Ododo greenlights the refurbishment of eight pivotal roads throughout the region. This initiative is part of the governor’s pledge to enhance the state’s infrastructure and connectivity,…
$184 Million Repatriation Showcases Multichoice’s Strategic Financial Mastery Amidst Economic Headwinds
In an impressive display of financial acumen, Multichoice Group has orchestrated a significant capital movement by repatriating $184 million out of Nigeria within the last financial year, ending March 2024. This strategic transfer is a testament to the company’s robust…
Navigating Troubled Waters: Nigeria’s Economic Hardship Intensifies Under President Tinubu’s Watch
As Nigeria grapples with escalating economic challenges, President Bola Tinubu’s administration finds itself under intense scrutiny. The bold reforms introduced—while aimed at stabilizing and strengthening the economy—have inadvertently led to a period of significant hardship for the Nigerian populace. The…
