Friday, April 18, 2025
Oyo State Governor, Seyi Makinde, has countered claims by President Tinubu that the federal government granted N570 billion to the 36 states of the federation, stating that the information is not completely accurate. In a newsletter signed by the governor and published on the state’s official website on Thursday, Makinde […]
British High Commissioner to Nigeria, Dr Richard Montgomery, has revealed that the United Kingdom government has so far given no fewer than 430,000 visas to Nigerians seeking to study and relocate to the European nation in 2024. Montgomery disclosed this during a meeting with the Chairman of the Nigerians in […]
12.7 per cent stake in 2024 for loan servicing, Fitch Ratings, a credit rating agency says in a report released on Monday. Fitch recalled that the Nigerian National Petroleum Company Limited had earlier planned to acquire a 20 per cent stake in the refinery. However, the rating agency indicated that the […]
A 5km natural gas pipeline network has debuted in Victoria Island, connecting Eko Atlantic City, Lagos, courtesy of Axxela Limited and NGML. This milestone marks a significant achievement in Axxela and NGML’s ongoing 72.5km pipeline infrastructure project, which will span from Victoria Island to the Lekki metropolis. The newly commissioned […]
Nigerian Army Compensates Family Of 16-year-old Shot Dead In Kaduna Protests With N300,000 The family of Ismail Mohammed, a 16-year-old boy killed by the Nigerian Army under President Bola Tinubu during the ongoing #EndBadGovernance protests, has been compensated with N300,000. This follows the army’s admission of responsibility for the fatal shooting […]
The Federal Government is mulling a revamp of the textile industries in Nigeria to leverage on its job creation potentials. To this end, the Vice President, Kashim Shettima hosted a number of stakeholders at the Presidential Villa Abuja on Tuesday, which included the governors of Lagos and Imo State to […]
The Nigerian Equity Market experienced a downturn on the first trading day of the week on Monday mirroring the broader global market decline. This decline resulted in a N93bn loss in market capitalisation which now stands at N55.40tn. The All-Share Index fell to 97,582.41 points, down 0.17 per cent from […]
Former President, Olusegun Obasanjo, has disclosed that the fuel subsidy, which was abolished by the President Bola Tinubu-led Nigerian government in 2023, has been reinstated due to soaring inflation. The revelation contradicts Tinubu’s declaration during his inaugural address on May 29, 2023, that fuel subsidy had been permanently removed. The subsidy’s […]
Top 10 Largest Refineries in the World
The Dr Abdullahi Ganduje-led National Working Committee NWC of the ruling All Progressives Congress APC on Tuesday summoned Senator Ali Ndume to explain his recent utterances against President Bola Tinubu which led to the former’s removal as Senate Whip. Speaking after the meeting, Dr Ganduje said the party was satisfied […]