News - Page 78

News Update

Tinubu Announces Rescue of Abducted Kwara Worshippers, Recovered Niger Schoolchildren

President Bola Tinubu on Sunday announced the rescue of all 38 worshippers abducted earlier in the week from the Christ Apostolic Church (CAC), Eruku, in the Ekiti Local Government Area of Kwara State.‎‎In a post on his verified X handle, the President

November 23, 2025

News

NERC Fines Eight DisCos N628m Over Crazy Billing

The Nigerian Electricity Regulatory Commission (NERC) has fined Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola Electricity Distribution Companies the sum of N628.03 million for non-compliance with the capping of estimated billing for unmetered customers. The commission conveyed the sanction in

by News Editor

April 10, 2025

News

Dangote Refinery Cuts Petrol Price to N865 Amid Naira-for-Crude Policy Push

The Dangote Refinery has reduced its petrol loading price to N865 per litre—marking a N15 drop from the N880 previously charged. Confirmed through a pro forma invoice and petroleumprice.ng, the price adjustment was officially communicated to marketers on Thursday morning. Industry insiders

by News Editor

April 10, 2025

News

FG Signs $329m Deal With Chinese Firm To Boost Power Supply

The Federal Government has signed a $328.8 million contract with Chinese firm, China Machinery Engineering Corporation (CMEC), to rehabilitate and expand Nigeria’s electricity transmission network under Phase 1 of the Presidential Power Initiative (PPI). The agreement covers Engineering, Procurement, Construction, and Financing

by News Editor

April 10, 2025

Economy·News

Tariff Pause: Bitcoin Rebounds Above $82K On Market Optimism

The cryptocurrency market surged above $ 82,000 on Thursday after U.S. President Donald Trump announced a temporary 90-day pause on tariffs for the majority of trading partners, excluding China. The cryptocurrency market resumed optimism after tariff fears caused tension among investors. The

by News Editor

April 10, 2025

Economy·News

US Dollar Slumps On Stop-Start Tariffs

The US dollar plunged against the euro and other main rivals again on Thursday after President Donald Trump abruptly paused higher tariffs on all countries except China, adding to investor uncertainty. The greenback lost over one percent against the European single currency,

by News Editor

April 10, 2025

Economy·News·Politics

Oyo Seeks US Investment In Solid Minerals, Agric

Oyo State Governor, Seyi Makinde, has expressed the state’s readiness to partner with the United States in exploring investment opportunities in solid minerals development, agribusiness, education, energy, and other critical sectors. The governor made this known on Wednesday during a courtesy visit

by News Editor

April 10, 2025

News·Politics

INEC Yet To Finalise Delineation Of Warri Wards — Official

The Independent National Electoral Commission (INEC) says it has not taken a final decision on the delineation of wards in the Warri Federal Constituency. There was a protest at the headquarters of INEC in Abuja on Wednesday, with some members of the

by News Editor

April 10, 2025

News

Trump Administration Orders Immediate Exit of Biden-Era Migrants

The administration of President Donald Trump has ordered migrants who entered the United States under the Biden-era CBP One app system to leave the country without delay. This directive follows the formal termination of the CBP One app which had been used

by News Editor

April 10, 2025

News·Politics

Abure Faction Claims No Leadership Vacuum Exists in Labour Party

The Julius Abure-led Labour Party has insisted that there is no leadership vacuum in the party following a recent Supreme Court judgement on the party’s national chairmanship position. In a statement released by the National Publicity Secretary, Obiora Ifoh, on Wednesday, the

by News Editor

April 9, 2025

News Update

Sahara Group, FG Collaborate On National Data Park At Egbin Power

Sahara Group, in collaboration with the Federal Government, is exploring the establishment of a National Data Park and Computer Infrastructure at Egbin Power, Africa’s largest privately-run thermal power plant. Sahara Group’s collaboration with the Federal Government will be driven by Dr. Bosun

by News Editor

April 9, 2025

Economy·News

FG Confirms Naira-for-Crude Policy Is Still Active After Meeting with Dangote Officials

The Federal Government says its naira-for-crude initiative with local refineries is not a temporary measure but a “key policy directive designed to support sustainable local refining”. The government also said the initiative is still in effect and will continue immediately, overruling the

by News Editor

April 9, 2025

News Update

11 PDP Govs Challenge Fubara’s Suspension Before Supreme Court

Eleven Governors of the People’s Democratic Party (PDP) have approached the Supreme Court challenging what powers the president has to suspend the democratically elected Governor of Rivers State, Siminalayi Fubara. The suit filed by the governors also challenged the declaration of Emergency

by News Editor

April 9, 2025

Economy·News

Nigeria Reports $6.83B Payments Balance Surplus in 2024, Signaling Economic Growth

The Nigerian economy shows signs of growth, as the Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year. The development marks a decisive turnaround from deficits of $3.34 billion in

by News Editor

April 9, 2025

News·Politics

Obi, Otti Attend Labour Party NEC Meeting Led by Usman

The Labour Party is currently holding its National Executive Council meeting in Abuja, the nation’s capital. The meeting comes amid the controversy over the recent Supreme Court judgement on the national chairmanship position for the Labour Party. It is being held at

by News Editor

April 9, 2025

Economy·News

Amazon Makes Last-Minute Bid For TikTok — Report

Amazon has made a last-minute bid to buy TikTok, which faces a US ban if not sold by its Chinese owner, the New York Times reported on Wednesday. The offer arrived in a letter to officials involved in talks regarding the sale

by News Editor

April 9, 2025

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News - Page 78

Tinubu Announces Rescue of Abducted Kwara Worshippers, Recovered Niger Schoolchildren

NERC Fines Eight DisCos N628m Over Crazy Billing

Dangote Refinery Cuts Petrol Price to N865 Amid Naira-for-Crude Policy Push

FG Signs $329m Deal With Chinese Firm To Boost Power Supply

Tariff Pause: Bitcoin Rebounds Above $82K On Market Optimism

US Dollar Slumps On Stop-Start Tariffs

Oyo Seeks US Investment In Solid Minerals, Agric

INEC Yet To Finalise Delineation Of Warri Wards — Official

Trump Administration Orders Immediate Exit of Biden-Era Migrants

Abure Faction Claims No Leadership Vacuum Exists in Labour Party

Sahara Group, FG Collaborate On National Data Park At Egbin Power

FG Confirms Naira-for-Crude Policy Is Still Active After Meeting with Dangote Officials

11 PDP Govs Challenge Fubara’s Suspension Before Supreme Court

Nigeria Reports $6.83B Payments Balance Surplus in 2024, Signaling Economic Growth

Obi, Otti Attend Labour Party NEC Meeting Led by Usman

Amazon Makes Last-Minute Bid For TikTok — Report

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