The Secretary-General of the Ijaw Youth Council (IYC) Worldwide, Maobuoye Nangi-Obu, has condemned the suspension of political appointees and boards of statutory commissions and boards in Rivers State by the state’s Administrator, Retired Vice Admiral Ibok-Ete Ibas. Nangi-Obu described the…
President Bola Tinubu has assented to the South-West Development Commission Bill, the South-South Development Commission Bill, and the Nigeria Anti-Doping Bill, 2025. Special Adviser to the President on Senate Matters, Basheer Lado, made this known in a statement, stating that…
The Board of Directors of Unilever Nigeria PLC has appointed the founder of renowned fashion brand Ruff ‘n’ Tumble, Adenike Ogunlesi, as an Independent Non-Executive Director of the Board. A notice filed at the Nigerian Exchange (NGX) on Wednesday said…
The Federal Ministry of Innovation, Science and Technology (FMIST), in collaboration with a subsidiary of LONGi Green Energy Technology Co., Ltd, LONGi Solar France SARL, has signed an agreement for the supply of a 2,600 megawatt solar modular master. A…
The Nigeria Customs Service (NCS) has begun implementing a two-year exemption on import duty and Value Added Tax (VAT) for key pharmaceutical raw materials. This was disclosed in a statement on Wednesday by the NCS National Public Relations Officer, Abdullahi…
A political pressure group, Action Collective , (AC), has called for the immediate resignation of the Senate President, Senator Godswill Akpabio, and the Chairman of the Senate Committee on Ethics, Privileges, and Public Petitions, Senator Neda Imasuen, to allow for…
Chevron has expressed interest in hydrocarbon exploration off the island of Crete in the Mediterranean Sea, the Greek energy ministry said in a statement on Wednesday. According to the statement, Greece said it has accepted the U.S. oil producer’s interest…
Forty-two constitutional amendment bills on Wednesday scaled second reading in the House of Representatives. Among the bills was the one to remove the immunity conferred on the vice president, governors, and their deputies to curb corruption, eradicate impunity, and enhance…
Dangote Petroleum Refinery & Petrochemicals issued a tender to sell 128,000 metric tons of residual fuel oil in April, according to a summary of the tender document shared by a Reuters market source. Straight-run fuel oil is a feedstock processed…
MTN Group and Airtel Africa have agreed to share mobile phone network infrastructure in Nigeria and Uganda. Statements by the duo on Wednesday said the agreement is aimed at saving investments while still increasing service coverage. Mobile operators in Africa…
The Naira on Wednesday appreciated N1,575 per dollar in the parallel market from N1,585 per dollar on Monday. However, the Naira depreciated to N1,535 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of…
The Economic and Financial Crimes Commission (EFCC) has arraigned one Okorie Sunday who was arrested on March 19, 2025, at the Murtala Muhammed International Airport, Ikeja, Lagos, with $578,000 in cash. The defendant was arraigned before Justice Deinde Dipeolu of…
The Association for the Defense of the Nigerian Economy (ADNE) has dismissed allegations that MultiChoice unfairly increased its DStv subscription prices in Nigeria while reducing them in South Africa. The non-governmental organisation described the claims as misleading and lacking economic…
A group of gunmen ambushed police officers who were on a rescue mission after abducting a female real estate agent identified as Esther in Ibusa, Oshimili North Local Government Area of Delta State. The incident occurred on Monday, following a…
A Federal High Court in Port Harcourt has dismissed the lawsuit filed by First Bank of Nigeria (FBN) against General Hydrocarbons Limited (GHL), ruling that it lacked the jurisdiction to hear the case. Justice E.A. Obile upheld the preliminary objection…