Dangote Petroleum Refinery has announced a reduction in the price of petrol to N899.50K per litre, aimed at easing the financial burden on Nigerians ahead of the Christmas and New Year holiday season. In a statement, the company’s spokesman, Anthony…
The Peoples Democratic Party (PDP) has criticized the 2025 budget proposal presented by President Bola Ahmed Tinubu, describing it as “unrealistic, opaque, and insincere.” In a statement on Wednesday, PDP National Publicity Secretary Debo Ologunagba stated that the budget is…
The Minister of the Federal Capital Territory (FCT) has revoked the lands of former President Muhammed Buhari, Speaker of the House of Representatives Tajudeen Abbas, and Secretary to the Government of the Federation George Akume. Also, 759 other prominent figures…
Stanbic IBTC Holdings Plc announced the appointment of Mrs Maryam Aliko Mohammed as an Independent Non-Executive Director effective December 17, 2024. The appointment, which follows the receipt of all necessary regulatory approvals, reflects the company’s commitment to strengthening its board…
The Nigerian Electricity Regulatory Commission (NERC) says it has transferred regulatory oversight of the electricity market in Lagos State to the newly established Lagos State Electricity Regulatory Commission (LASERC). NERC announced this in a statement it released on X, formerly…
The Governor of Edo State, Monday Okpebholo has approved the dissolution of all commissions, including the Edo State Oil and Gas Producing Areas Development Commission in Edo State. A release by the Secretary to the State Government, Umar Ikhilor (Esq)…
The Edo State chapter of the People’s Democratic Party (PDP) has strongly condemned the illegal suspension of the Chairmen of the 18 Local Government Areas (LGAs) in the state. On Tuesday, the State House of Assembly suspended the LG Chairmen…
The Speaker of the House of Representatives, Tajudeen Abbas, has lauded President Bola Ahmed Tinubu’s bold economic reforms aimed at repositioning Nigeria. Speaking during the presentation of the 2025 Budget to a joint session of the National Assembly on Wednesday,…
A new report by Afrobarometer, a pan-African research network, has revealed that more than half of Nigerians are considering emigration, with the number of citizens who have given “a lot” of thought to leaving the country tripling since 2017. The…
The Nigerian Communications Commission (NCC) has disclosed that internet subscriptions in Nigeria climbed to 134.78 million in October 2024, reflecting an increase of 1.88 million from the 132.9 million recorded in September. The statistics, contained in the NCC’s latest industry…
The Federal Government has approved N30bn for the nation’s 30 universities of agriculture to immediately commence mechanised farming. The announcement came with a directive for specialised universities to focus strictly on their core mandates and cease offering programes unrelated to…
The Edo State House of Assembly on Tuesday suspended the chairpersons and vice chairpersons of all 18 local government areas in the state for a period of two months, citing allegations of insubordination and gross misconduct. The Assembly also directed…
The Nigerian Senate has proposed the establishment of modern cattle ranches across the country to address the rising insecurity linked to herder-related violence. During its plenary session on Tuesday, the upper chamber directed its National Security and Intelligence, Livestock, and…
Osun State Governor Ademola Adeleke has granted clemency to a young Nigerian man who was sentenced to death by hanging for stealing a fowl in the state. This information was shared in a statement posted on the governor’s X account…
Data from the Nigerian Electricity Regulatory Commission, NERC, indicates that the Federal Government’s electricity subsidies rose to N199.64 billion in December 2024. According to the newly released report, ‘December 2024 Multi-Year Tariff Order,’ electricity subsidies rose by 2.76 per cent…