Oil prices fell on Tuesday as a stronger U.S. dollar compounded concerns that demand for fuel will be held back by major central banks holding interest rates higher for longer. Brent crude futures were down...
The Nigerian National Petroleum Company (NNPC) Limited, Nigerian Content Development and Management Board (NCDMB) and International Oil companies (IOCs) operating in the country have signed a Memorandum of Understanding (MoU) to reduce the cycle of...
The Federal Government has approved the purchase of 12 MD 530F Cayuse Attack Helicopters to improve the operational capabilities of the Nigerian Army, the Chief of Army Staff, Lt. Gen. Taoreed Lagbaja, said on Tuesday.......
27 September, 2023
The Independent National Electoral Commission (INEC) has announced dates for governorship elections in Edo and Ondo states in 2024. The governorship election in Edo State will take place on September 21, 2024, while that of......
27 September, 2023
A total of 108 power transmission towers were destroyed by vandals in various parts of the country between January 2022 and September this year, data obtained from the Transmission Company of Nigeria, on Monday revealed.......
27 September, 2023
IMF representative in Nigeria Ari Aisen, has said fuel subsidy removal and exchange rate unification will lead to a better outlook for the Nigerian economy. He said on Tuesday in an interview that the removal......
27 September, 2023
President Bola Tinubu has charged Muslims to live by the teachings of Prophet Muhammad, as they celebrate this year’s Eid-el Maulud. The President, while congratulating the Muslim faithful, in a statement on Tuesday, said beyond......
27 September, 2023
Nigeria naira set a new record on Tuesday, falling to N1,000 against the dollar at the parallel market, on the confirmation of Dr Olayemi Cordorso as the new Central Bank of Nigeria (CBN) Governor by......
27 September, 2023
President Bola Tinubu has asked the officials of the National Drug Law Enforcement Agency (NDLEA) to introduce novel ideas to combat drug abuse and trafficking in the country. Represented by Vice-President Kashim Shettima at the......
27 September, 2023
Gunmen suspected to be kidnappers have abducted one Ajoke, a National Diploma ll student of Science Laboratory Technology at Isa Mustapha Agwai Polytechnic in Lafia, Nasarawa State. *Some yet-to-be-identified assailants have allegedly abducted the Chairman......
27 September, 2023
After Ukraine claimed to have killed the commander of Moscow’s Black Sea Fleet, Adm. Viktor Sokolov, Russia’s defense ministry published video Tuesday that appeared to show him participating in a meeting. Ukraine said it is......
27 September, 2023
The Chief Executive of Nigeria’s Bank of Industry, Mr. Olukayode Pitan, has been honoured with the Special African Banking Leadership Commendation Award during the just-concluded 9th edition of the International Forum on African-Caribbean Leadership (IFAL),......
26 September, 2023
Director of Press and Information of the Supreme Court, Dr. Festus Akande, on Monday, said the fire incident that happened on Monday morning at the Court’s building did not affect the presidential election petition tribunal.......
26 September, 2023
The Senate will on Tuesday screen former Chairman of the Board of Citi Bank Nigeria, Olayemi Michael Cardoso for the position of the Governor of the Central Bank of Nigeria (CBN). The senate will also......
26 September, 2023
President Bola Tinubu has restated his administration’s commitment to promoting ease of trade for Small and Medium Enterprises (SMEs) across Africa. Tinubu gave the assurance during the Africa International Trade Exhibition (AITE) 2023’s Business, Trade......
26 September, 2023
President Bola Ahmed Tinubu-led Federal Government on Money said it would soon make public the audit report of the Central Bank of Nigeria (CBN) and how it affected the economy of the country. According to......
26 September, 2023
The Minister of Niger Delta Development, Abubakar Momoh, has met with the former leader of the defunct Movement for the Emancipation of the Niger Delta, High Chief Government Oweizide Ekpemupolo aka Tompolo, seeking sustained collaboration......
26 September, 2023
The Minister of Interior, Olubunmi Tunji-Ojo, has promised that the Federal Government would invest in the harmonisation of the country’s data through the National Identity Management Commission. The Minister noted that the era of multiple......
26 September, 2023
The Federal Government has recorded 11,587 suspected cases of diphtheria in the country with 7,202 confirmed cases from 105 local government areas (LGAs) in 18 states, including the Federal Capital Territory (FCT). This was revealed......
26 September, 2023
The Federal Government has said the celebration of Nigeria’s 63rd Independence Anniversary, will be held in a low-key manner, in line with the present economic realities. Secretary to the Government of the Federation (SGF), George......
26 September, 2023
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s total annual upstream capital expenditure decreased from $27 billion in 2014 to less than $6 billion in 2022. The Chief Executive of NUPRC, Gbenga Komolafe,......
26 September, 2023
Naira on Monday regained strength, gaining 0.30 percent of its value as demand for dollars moderated at the parallel market, also known as the black market. At the close of trading on Monday, one dollar......
26 September, 2023
It was nearly one o’cloc...
