President Bola Tinubu on Wednesday called on the European Union to assist Nigeria and Africa in strengthening security and economic development to alleviate poverty in the continent. A statement by his spokesman Abiodun Oladunjoye, said...
Oil fell on Thursday as worries about weakening demand in a global economic slowdown overshadowed a pending drop in supply resulting from Saudi Arabia’s pledged production cuts. Brent crude fell 28 cents, or 0.4%, to...
President Bola Ahmed Tinubu has directed the National Economic Council (NEC) led by Vice President Kashim Shettima, to begin the process of working on interventions to cushion the impact of subsidy removal on Nigerians. Ogun......
08 June, 2023
The Depots and Petroleum Products Marketers Association of Nigeria (DAPPMAN) on Wednesday in Abuja pledged its support for the Federal Government’s removal of fuel subsidies. The association’s chairperson, Dame Winifred Akpani, made the disclosure at......
08 June, 2023
Oil and gas companies operating in Nigeria flared 92.3 million standard cubic feet, mscf, of gas, worth an estimated N150 billion between January and April 2023, according to a report by the National Oil Spill......
08 June, 2023
The Federal Government is set to partially privatise three of its national parks as part of efforts to optimize the conservation of the biodiversity in the protected areas and turn them into top tourists destinations.......
08 June, 2023
Petroleum products marketers are facing fresh trouble after the ex-depot price of petrol has more than doubled compared to the pre-subsidy removal amount. The pump price of petrol is now as high as N540/litre in......
08 June, 2023
Ahead of its inauguration, President Bola Ahmed Tinubu will, on Thursday, meet with members-elect of the 10th National Assembly. Notice of the meeting was conveyed in a letter addressed to the Senate and read by......
08 June, 2023
The National Commissioner, Nigeria Data Protection Bureau, Dr. Vincent Olatunji, has said that the sector has combined earnings of N5.5bn, contributing to the Gross Domestic Product of the country. Olatunji who disclosed this during the......
08 June, 2023
A private Nigerian airline, Air Peace Ltd, has sued the Nigeria Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC) before the Federal High Court in Lagos over the alleged disruption of its operations......
08 June, 2023
The extent of Nigerian banks’ exposure to the Ghanaian economic and fiscal crisis through subsidiaries operating in the country and investments in Ghana bonds has been at about N800 billion ($1.7 billion), which accounted for......
08 June, 2023
The Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, the Chairman, Association of Licensed Telecommunication Operators of Nigeria (ALTON), Engr. Gbenga Adebayo, Managing Director, Internet Exchange......
08 June, 2023
The Board of Directors of Lafarge Africa Plc has announced the appointment of Mr Lolu Alade-Akinyemi as the Group Managing Director/Chief Executive Officer (GMD/CEO) of the Company with effect from 1st July 2023. The appointment......
08 June, 2023
Emotions were high on Wednesday during the valedictory session of the House of Representatives, as Speaker Femi Gbajabiamila officially dissolved the 9th assembly. Rep. Alhassan Ado-Doguwa, the Majority Leader of the House, had moved a......
08 June, 2023
The President of the Senate, Ahmad Lawan, on Wednesday, held separate valedictory meetings with his legislative aides and members of the Senate Press Corps. Mr Lawan thanked his staff for making his tenure a success......
08 June, 2023
Police in Abia State, South-east Nigeria, said a Chinese national Li Peiyin, abducted on 31 May, in the state had been rescued by a team of security agents. * Armed men have abducted a seven-year-old......
08 June, 2023
Ukraine’s President Volodymyr Zelensky has visited the southern Kherson region hit by floods after Tuesday’s breach of the Kakhovka dam. He accused aid agencies of failing to help, and appealed for an international effort to......
08 June, 2023
Oil fell for a second day on Wednesday as concerns over global economic headwinds deepened, erasing the price gains booked after top crude exporter Saudi Arabia’s surprise weekend pledge to deepen output cuts. Brent crude......
07 June, 2023
The price of aviation fuel known as Jet A1 has been on a downward slide as soon as the fuel subsidy was removed which jacked up the price of premium motor spirit (pms). Aviation fuel......
07 June, 2023
The World Health Organisation (WHO) has announced a new funding commitment by the United Kingdom’s Department of Health and Social Care to support Nigeria in strengthening her health workforce in the vision of achieving Universal......
07 June, 2023
The Federal Government (FG) on Tuesday said ongoing rehabilitation of the Apapa-bound lane of the Marine Bridge near Ijora that collapsed in May would be completed in July. The deck-on-pile bridge caved in and was......
07 June, 2023
The Nigerian Navy and Turkish Dearson Shipyard on Tuesday signed a Memorandum of Understanding that would enhance its capability and reposition it for enhanced maritime security operations. Specifically, the agreement is signed to refit and......
07 June, 2023
