The Federal Government has announced plans to introduce an annual electricity subsidy of $600m for all customers from 2025 as part of efforts to reform the power sector. [i]The subsidy, expected to last until 2027, aims to bridge the gap between cost-reflective tariffs and regulated electricity rates, while the government […]
Other News
Mourinho Told Me To Return Range Rover I Bought With First Chelsea Pay – Mikel
Former Chelsea midfielder John Mikel Obi has shared interesting insights on his relationship with veteran Portuguese manager Jose Mourinho. The 37-year-old has spoken in several interviews about the special relationship between him and the current Fenerbahce manager. According to the former Super Eagles star, Mourinho didn’t only influence his life […]
NCAA Revokes Licenses Of Two Aviation Operators Over Regulatory Breaches
NCAA revokes licenses of two aviation operators over regulatory breaches The Nigerian Civil Aviation Authority (NCAA) has revoked the Air Operator Certificates (AOCs) of two aviation companies Omni-Blu Aviation and Eastwind Aviation Logistics Services Limited over violations of regulatory standards. According to the NCAA, both companies were found to be […]
CBN Approves CFA For Repatriation Of Export Proceeds
The Nigeria Export Promotion Council, NEPC, has confirmed that the Central Bank of Nigeria, CBN, has approved CFA Franc to be captured on Nigeria Export Proceeds, NXP, forms for the repatriation of export proceeds. Mrs. Nonye Ayeni, Executive Director of the NEPC, disclosed this while addressing newsmen on the Non-Oil […]
Cocoa, Fertiliser Lead Nigeria’s Non-Oil Exports With $5.46 Billion Shipment
The Nigerian Export Promotion Council (NEPC) has announced a significant increase in the country’s non-oil export earnings for 2024, reaching a total of $5.456 billion, representing a 20.77% rise from the $4.517 billion recorded in 2023. The growth has been attributed to increased production, improved global demand for Nigerian exports, […]
Tinubu Committed To Strengthening Democracy – Ganduje
The National Chairman of the All Progressives Congress, Abdullahi Ganduje, has said President Bola Tinubu’s administration is committed to strengthening democracy. Ganduje also reassured Nigerians of Tinubu’s commitment to tackling the country’s challenges with determination and a clear sense of purpose. The APC chairman stated this during the launch of […]
No Obidient Has The Moral Authority To Criticise The Kano Mass Weddings – Reno
No Obidient Has The Moral Authority To Criticise The Kano Mass Weddings You, as an Obidient, are insulting Kano because the Governor chose to spend ₦2.5 billion on a mass wedding for marriage-age couples in the state, yet you justices of when Peter Obi spent more than five times […]
2027: Don’t Allow PDP Return To Power, APC Begs Nigerians
The ruling All Progressives Congress has described the opposition Peoples Democratic Party as a political platform that is gradually going into extinction amid its perennial leadership crisis. APC urged Nigerians to ensure that the PDP did not return to power following the alleged rot it left behind after ruling the […]
Dangote Refinery Reduces Ex-Depot Petrol Price To ₦890
Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890, effective from Saturday. This price adjustment is said to be in response to favourable developments in the global energy sector and a significant decline in international […]
FG Allocates ₦940 Billion To TETFund In 2025 Budget
The Federal Government says it has allocated N940.5 billion to the Tertiary Education Trust Fund (TETFund) in the 2025 fiscal year to enhance manpower and infrastructure development in the education sector. President Bola Tinubu stated this on Saturday at the 42nd Founders’ Day and 33rd Convocation of the Federal University […]