Sunday, May 4, 2025
The World Bank has urged the federal government not to reverse the ongoing economic reforms, warning that it may have negative implications for the country. Removal of fuel subsidy and abolishing multiple foreign exchange systems were policies introduced by the current administration on day one in office. While the federal […]
African billionaire Aliko Dangote is wealthier than ever now that his long-awaited Nigerian oil refinery is up and running. But his mood suggests a man who just built his dream house only for the roof to start leaking. The Dangote Refinery outside Lagos is the biggest single-train oil refinery in […]
One of the promises the Federal Government made to pacify Organised Labour at yesterday’s parley was that five refineries would soon be fully functional. Also, government vowed to pay arrears of wages. These, among others, formed the core of the meeting where “they agreed that it is better to ‘jaw-jaw than war-war’.” […]
Adedeji Adeleke, the father of music star Davido, has revealed how a government official attempted to block his $2 billion power plant project by denying him the necessary environmental permit. Speaking at the Seventh Day Adventist Church’s General Conference Annual Council in Maryland, USA, Adeleke shared his experience dealing with […]
Nigeria’s petroleum marketers are upbeat they will sell Premium Motor Spirit (Petrol) cheaper than that of Nigerian National Petroleum Company Limited if Dangote Refinery begins direct sale of petrol to them. The spokesperson of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike disclosed this in an exclusive interview with […]
Nigeria’s inflation rate rose to 32.7 percent in September, reversing a two-month consecutive decline to 32.15% in August. The reversal was driven by a surge in the month-on-month Food Inflation to 2.64% from 2.37%. There’re still Nigerians with integrity — Femi, who returned N21m worth of crypto coins to owner0:00 […]
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has unveiled new regulations to simplify the process of obtaining petrol import licences and other operational regulations in the industry into a single document. It stated that previous regulations, administered by the defunct Department of Petroleum Resources concerning midstream […]
I generate 15% of the electric power consumed by Nigeria; I am building the biggest thermal power plant in Nigeria to be launched in January 2025 Davido’s father, Dr Deji Adeleke https://www.youtube.com/watch?
https://www.youtube.com/watch?v=KfUwxjhsnB8?si=CvmCsDMjhBxhsQPd The Digital Black Market: Nigeria’s illicit lithium trade uncovered Posing as a buyer, our reporter interacted with some of the online traders and traced them to Kwara and Nasarawa states. by Yakubu Mohammed October 11, 2024 Within three weeks this year, Oganyi Franklin made at least N7.6 million from […]
Abdelhakim Al-Shalmani, President of the Libyan Football Federation, has tendered his resignation. According to The Libya Observer, Al-Shalmani’s resignation was announced during a regular meeting of the Federation’s General Assembly on Sunday. “I do not want to be part of the failure in Libyan sports,” Al-Shalmani stated. While expressing gratitude […]