Tuesday, April 1, 2025
The Federal Government has repatriated a total of 190 Nigerians from the United Arab Emirates (UAE). According to a statement by the National Emergency Management Agency (NEMA), signed by its Director General, Director, North Central Zone, Bashir Garga, on Tuesday, the returnees were received at the Nnamdi Azikiwe International Airport, […]
The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, Dr Ogbonnaya Orji, has disclosed that the country lost $1.84bn worth of petroleum products from refineries in nine years. Orji stated this on Monday at the opening ceremony of the 2024 NEITI board retreat/meeting in Lagos. According to him, 4.2 […]
The Chief Executive Officer (CEO) of Dangote Refinery, Aliko Dangote, has revealed that the Nigerian National Petroleum Corporation (NNPC) Limited no longer owns a 20% stake in Dangote Refinery. Dangote disclosed this during a press briefing at the refinery on Sunday. The business mogul revealed that the Nigerian oil company […]
The National Petroleum Corporation (NNPC) has reacted to reports that its stake in Dangote refinery reduced from 20% to 7.2%. On Sunday, the Chief Executive officer of Dangote Group, Aliko Dangote in a press conference in Lagos revealed that NNPC’s 20% stake in the company’s refinery had dropped to 7.2%. […]
Ahead of the release of the National Bureau of Statistics report on the country’s inflation for June 2024, some economic watchers have projected that inflation would maintain its upward movement but at a slower pace as seen in recent months. Inflation had reached a 28-year high in May at 33.95 […]
Dangote Petroleum Refinery is set to import a cargo of Brazilian crude, Bloomberg is reporting. On Friday, the publication said this adds to the large number of overseas barrels of crude feedstock that Nigeria is importing. According to traders with knowledge of the matter, Dangote refinery, which is still ramping up […]
A panic button about the funds for the running of local governments appeared to have been pressed in no fewer than 437 local governments areas spread across 19 states of the federation, following the imminent suspension of their federal allocations as a result of last Thursday’s ruling of the Supreme Court. […]
The President, African Development Bank Group, Dr Akinwumi Adesina, has warned that the decision by the Federal Government to allow massive food importation may destroy the country’s agriculture sector. Adesina, who spoke at a retreat by the African Primates of the Anglican Church in Abuja, advised the Nigerian government to […]
Pep Guardiola and his Manchester City players have established themselves as the leading club in UEFA’s updated club coefficient rankings. The holding of top spot in the first 2024/25 rankings comes after a UEFA Champions league quarter-final exit at the hands of Real Madrid in last season’s premier club competition […]
Comrade Joe Ajaero, President of the Nigerian Labour Congress (NLC), has said the status quo on N250,000 as minimum wage stands. While the Federal Government and Organised Private Sector agreed on N62,000, labour is insisting on N250,000. President Bola Tinubu had said he needed time to consult with other stakeholders […]