Text of the Broadcast by President Bola Ahmed Tinubu, Commander-in-Chief of the Armed Forces, declaring State of Emergency in Rivers state on Tuesday 18 March 2025 Fellow Nigerians, I feel greatly disturbed at the turn we have come to regarding…
Google said Tuesday it will acquire cloud security platform Wiz for $32 billion, citing the need for greater cybersecurity capacity as artificial intelligence embeds itself in technology infrastructure. The all-cash deal brings Wiz into the Google Cloud operation, boosting the…
The Senate has passed through second reading a bill seeking to amend the Nigeria Data Protection Act, 2023, to require social media platforms to establish physical offices within the country. The bill, titled ‘ A Bill for an Act to…
President Bola Tinubu on Tuesday met with the service chiefs led by the Chief of Defence Staff, General Christopher Musa at the Aso Villa in Abuja. The Inspector General of Police, Kayode Egbetokun; the National Security Adviser, Nuhu Ribadu; and…
Aliko Dangote has revealed plans to build a seaport and expand cement production in Ogun State. During a meeting with the Ogun State officials on Monday, Dangote told Governor Dapo Abiodun and the Executive Council that his company will construct…
Chevron has bought about 4.99% of Hess Corp’s common shares this year. Chevron purchased 15,380,000 Hess shares between January and March, worth about $2.3 billion based on Hess’ closing share price of $150.45 on Monday. In a filing on Monday,…
Asharami Energy, a Sahara Group Upstream company, has joined the United Nations Environmental Program (UNEP)-led Oil and Gas Methane Partnership (OGMP) 2.0, in its bid to contribute to the global efforts geared towards methane abatement and reduction of fugitive emissions.…
The World Health Organization (WHO) on Monday listed Nigeria among the eight countries likely to run out of supply of HIV treatments soon. This is as the Trump administration’s decision to pause U.S. foreign aid has “substantially disrupted” supply of…
The Minister of the Federal Capital Territory (FCT) Nyesom Wike has revoked the land titles of four thousand, seven hundred and ninety-four property owners in ten districts of the nation’s capital over non-payment of ground rents for over ten years.…
Governor Chukwuma Soludo threw a challenge to opposition parties in Anambra State on Monday, saying he sees no competent challenger as he seeks re-election in the November 8, 2025 governorship poll. The former governor of the Central Bank of Nigeria…
Nigeria’s headline inflation rate dropped to 23.18% relative to the January 2025 headline inflation rate of 24.48%. This was disclosed by the Nigeria Bureau of Statistics (NBS) on Monday in its February 2025 consumer price index (CPI). According to NBS,…
A cross-section of business owners has identified high interest rates, insecurity, insufficient power supply, high taxes, financial difficulties, and excessive bank charges as the main constraints for February 2025, according to a CBN report. The report comes amid a drop…
Amid intensifying political dispute in Rivers State, former President Olusegun Obasanjo has reportedly counseled Governor Siminalayi Fubara to take decisive action including shutting down the State House of Assembly and declaring a state of emergency if necessary., Obasanjo, during a…
Former Petroleum Minister, Diezani Alison-Madueke has asked the Federal High Court in Abuja to compel the Economic and Financial Crimes Commission (EFCC) to retrieve her seized properties from individuals and companies who bought them. In an amended suit filed by…
Oil prices rose slightly on Monday following concern over a global economic slowdown driven by escalating trade tension between the United States and other nations. Brent futures rose 41 cents or 0.6%, to stand at $70.99 a barrel by 0336…