Saturday, March 15, 2025
A former Kaduna State Governor, Nasir El-Rufai, has formally joined the Social Democratic Party on Monday, PUNCH Online earlier reports. This move, seen as a strategic realignment ahead of the 2027 elections, was warmly celebrated by Adewole Adebayo, the party’s 2023 presidential candidate, who described it as a moment of […]
Mass exodus has hit the All Progressives Congress, APC, in Kaduna State following the resignation of the immediately past governor, Naira El-Rufai from the party. Several resignation letters sighted by DAILY POST on Monday showed that party faithful believed to be supporters of El-Rufai are leaving the ruling party in […]
Nigeria Spends N930bn on Fuel Imports in February Despite Rising Local Refining Capacity Nigeria imported petrol and diesel in February 2025 valued at about N930 billion, despite rising local refining capacity, raising questions as to the economic sense behind the licensing of oil marketers to bring in fresh petroleum products. […]
The Nigeria National Petroleum Company (NNPC) Limited has discontinued the naira-for-crude deal with Dangote Petroleum Refinery and other local refineries, TheCable understands. The development could trigger an uptick in the pump price of petrol as local refineries — including Dangote — will now rely on international suppliers for feedstock, gulping huge costs […]
https://www.youtube.com/watch?v=csMGq4HCa50 The Coordinating Minister of Health and Social Welfare, Professor Ali Pate, has disclosed the reason behind Federal Government’s support for women with complications in pregnancy which includes free cesarean sections. According to the Minister who was a guest on Channels Television’s Politics Today on Friday, the health and wellbeing […]
Despite improved domestic refining capacity in Nigeria, major oil marketers have continued to import refined petroleum products, as they imported 6.38 billion litres of Premium Motor Spirit (petrol) and Automotive Gas Oil (diesel) in five months. But independent marketers and retailers, through their various associations, kicked against the development, as […]
NO matter how often Nigerian politicians parrot the word “democracy”, only a few are true democrats. Monday’s melodrama at the Lagos State House of Assembly proves this. That day, Mojisola Meranda’s 49-day reign as speaker ended abruptly. Mudashiru Obasa, impeached on January 13, returned to the seat. That set off […]
Nigeria’s oil production surged in February, exceeding its OPEC quota of 1.5 million barrels per day by 70,000 bpd, and contributing to the cartel’s increased output in February, a Reuters survey has found. The survey, released on Wednesday, revealed that Nigeria recorded the second-largest production increase among members of the […]
The Nigerian Economic Summit Group (NESG) has stated that the harsh economic environment in the country has led to the closure of about 30 per cent of Nigeria’s Micro and Small Medium Enterprises. Dr. Segun Omisakin, Chief Economist and Director of Research at NESG, made the disclosure yesterday during the […]
The Naira yesterday appreciated to N1,512 per dollar in the parallel market from N1,515 per dollar on Tuesday. However, the Naira depreciated to N1,505 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira […]