Top News
EFCC hands over 53 vehicles, $180,300 to Canadian Police
The EFCC on Friday, handed over 53 recovered vehicles and 180, 300 dollars to the Royal Canadian Mounted Police (RCMP) on behalf of the victims of financial crimes in Canada. Ola Olukoyede, Chairman of the anti-graft agency handed over the recovered assets to the representatives of RCMP in Abuja. The…
Read More »Edo guber election: APC calls for drug test on candidates
The Campaign Council of the APC for Edo Governorship Election has called on the National Drug Law Enforcement Agency (NDLEA) to subject party candidates in the poll to compulsory drug tests. The council made the call in a statement by its Director of Media, Kassim Afegbua, on Wednesday in Benin.…
Read More »CORAN congratulates Dangote Refinery on its landmark Milestone
The Crude Oil Refinery-owners Association of Nigeria (CORAN) has extended its heartfelt congratulations to Mr. Aliko Dangote and his team at Dangote Refinery on the remarkable achievement of commencing the production of Premium Motor Spirit (PMS). The group said that this significant milestone is not only a testament to the…
Read More »Petrol price hike: Tinubu betrayed us – NLC
The Nigeria Labour Congress(NLC) has called for the immediate reversal of the new price increase in pump price of petrol across the country. The Congress made the demand in a statement issued on Tuesday in Abuja by its President, Mr Joe Ajaero and made available to newsmen. The Nigerian Petroleum Corporation Ltd.…
Read More »Minister says no directive for NNPCL to increase petrol price to N1,000
Sen. Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), has said that no directive was issued to the Nigerian National Petroleum Company Limited (NNPC Ltd.) to increase petroleum prices to N1,000. Lokpobiri in a statement on Tuesday issued by his Special Adviser, Media and Communication, Nnemaka Okafor said he did…
Read More »At last Dangote Refinery rolls out petrol
For the first time, Nigerians will gain a clear understanding of the country’s actual fuel consumption, according to Aliko Dangote, President of Dangote Group. This announcement comes as Dangote officially confirmed the rollout of Premium Motor Spirit (PMS), commonly known as petrol, from the world’s largest single-train refinery with a…
Read More »NNPC Ltd admits financial strain due to fuel supply costs
NNPC Ltd has acknowledged recent reports in national newspapers regarding the company’s significant debt to petrol suppliers. A statement by Olufemi Soneye, Chief Corporate Communications Officer, NNPC Ltd said “this financial strain has placed considerable pressure on the Company and poses a threat to the sustainability of fuel supply.” The statement…
Read More »Nigeria Reaffirms Commitment to Strengthening Partnership with Indonesia at the Second Indonesia-Africa Forum
By Abiodun Folarin The Federal Republic of Nigeria has underscored its commitment to deepening ties with Indonesia, highlighting the untapped economic potential and promising avenues for collaboration. This was affirmed during the second Indonesia-Africa Forum, held from September 1-3, 2024, in Bali, Indonesia. Representing President Bola Ahmed Tinubu, Nigeria’s…
Read More »NIMASA DG cautions public on fake social media accounts
By Abiodun Folarin The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola has cautioned members of the public on the existence of several unauthorized social media accounts making the rounds and purportedly belonging to him. Dr Mobereola via his verified X handle @MobereolaD made…
Read More »IMF says Nigeria needs further reforms on governance, business regulations to grow GDP
The International Monetary Fund (IMF) has reacted to Nigeria’s projected 3.1 per cent Gross Domestic Product (GDP) outlook for 2024, saying it is dependent on implementation of stronger reforms. Dr Christian Ebeke, IMF Resident Representative said at the Lagos Chamber of Commerce and Industry (LCCI) International Business Conference and Expo 2024…
Read More »
