The Dangote Petroleum Refinery has temporarily suspended the sale of petroleum products in naira, following the collapse of its naira-for-crude oil agreement with the Nigerian National Petroleum Company Limited (NNPCL). The suspension, announced on Wednesday, March, 20, 2025 has sparked…
The Federal Government has issued a strong caution that it will not hesitate to impose intense sanctions including declaring a state of emergency in any state where national economic interests are endangered. This follows President Bola Tinubu’s declaration of emergency…
The House of Representatives on Wednesday ended plenary without any mention of the state of emergency in Rivers State. President Bola Tinubu on Tuesday declared a state of emergency in Rivers following the protracted political crisis in the oil-rich South-South…
President Bola Tinubu has sworn in Vice Admiral Ibok-ete Ibas (rtd.) as the Sole Administrator of Rivers State. The administrator was sworn in following a short meeting with the president on Wednesday afternoon. Tinubu announced the appointment of the retired…
The Senate has stepped down its first order of the day, a motion to approve the proclamation of a state of Emergency in Rivers state until 3 pm, without providing much explanation for the delay. The motion, sponsored by Senate…
Nigerian Breweries Plc (NB) has announced the acquisition of the remaining 20% shareholding in Distell Wines and Spirits Nigeria Limited (DWSN). In a disclosure published on the Nigerian Exchange on March 19, 2024, and signed by company secretary Uaboi G.…
The Rivers State House of Assembly has backed President Bola Tinubu’s declaration of a state of emergency in the state following the protracted political crisis that has gripped the state for over a year. The Assembly in a statement by…
The 2023 presidential candidate of the Labour Party, Peter Obi, has criticised President Bola Tinubu’s declaration of a state of emergency in Rivers State, describing it as “unconstitutional and reckless.” Obi accused Tinubu of disregarding the rule of law and…
The Central Bank of Nigeria has projected a gradual drop in inflation rate over the next six months. This is contained in its newly released report on inflation expectations for February 2025. According to the report, businesses and household respondents…
The People’s Democratic Party (PDP) has rejected the imposition of a state of emergency in Rivers State, declaring that President Bola Tinubu has no constitutional power to suspend the democratically elected governor of the state, Siminalayi Fubara. In a statement…
I have just picked up my phone after breaking my fast to find multiple missed calls and countless messages about an alarming development: President Bola Ahmed Tinubu has reportedly declared a state of emergency in Rivers State. If this is…
My dear Rivers People, I address you today with a deep sense of responsibility and calm, as we navigate this unfortunate moment in our state’s political history. Since assuming office as your Governor, all my actions and decisions have been…
In a nationwide broadcast on Tuesday, President Bola Ahmed Tinubu announced the appointment of Rear Admiral Ibok-Ete Ekwe Ibas, CFR (Rtd.) as the sole Administrator of the oil-rich South-South state for six months. Ibas whose appointment takes immediate effect replaces…
President Bola Ahmed Tinubu, Tuesday declared a state of emergency in Rivers State, suspending the State’s Governor, Siminalayi Fubara, his Deputy, Mrs Ngozi Odu, and the State House of Assembly for six months. This follows the protracted political crisis in…
President Bola Ahmed Tinubu has declared a state of emergency in Rivers State and appointed Vice Admiral Ibok Ete Ibas (Rtd) as Sole Administrator to revive order in the conflict-ridden state. The decision, announced during a nationwide broadcast on Tuesday,…