News
Channels TV Blasts Wike Over Allegation On Abuja Land Allocation, Asserts Lawful Approval, Statutory Payments
From Victor Osula, Abuja Channels Television has countered allegations made by the Minister of the Federal Capital Territory (FCT), Nyesom …
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Emirates Tussle: Supreme Court, Gov Yusuf Have Final, Says Ganduje
By Ayo Kehinde Former Governor of Kano State, Dr Abdullahi Umar Ganduje, has said that only the Supreme Court of …
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Farmland, Fishing Ponds Clashes Claim Lives in Kogi Community
From Joseph Amedu, Lokoja The prevailing unresolved conflict between residents of Ishi and Itale communities in Ibaji local government area …
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Akpabio Laments Pathetic Plight of Diplomats as Salaries Delay Hits Families Abroad
From Victor Osula, Abuja Senate President Godswill Akpabio, on Wednesday raised serious concerns over the welfare of Nigerian diplomats serving …
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Deadly Boko Haram Attack On Lake Chad Base Leaves 23 Soldiers Dead
By Ayo Kehinde A deadly Boko Haram attack on a Chadian military base on the shores of Lake Chad has …
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CNN Founder Ted Turner Dies at 87
By Ayo Kehinde Legendary American media mogul who founded CNN and revolutionised global news broadcasting through the introduction of 24-hour …
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Business
Xenophobia: CPPE Warns FG Against Sanctioning South African Businesses
By Ayo Kehinde The Centre for the Promotion of Private Enterprise (CPPE) has advised the Federal Government not to impose retaliatory sanctions on South African companies operating in Nigeria following renewed xenophobic attacks on Nigerians and other African migrants in South Africa. In a statement issued on Wednesday by its Chief Executive Officer, Dr Muda Yusuf, the economic policy advocacy group condemned the attacks. Still, it warned that punitive measures against South African investments could hurt Nigeria’s economy and weaken investor confidence. The CPPE’s position comes amid mounting public anger and growing calls for tougher action against South African firms operating in Nigeria. According to the organisation, while the attacks on Nigerians are unacceptable and must be decisively addressed by …
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Tinubu Engages Global Investors In Paris
President Bola Ahmed Tinubu has met with global investors in Paris, France, emphasising transparency and fiscal discipline, and explaining the rationale for the swift implementation of bold reforms. At the meeting, the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, highlighted Nigeria’s strong GDP growth in dollar terms in 2025. He said Nigeria recorded 11.2% GDP growth in dollar terms last year, a record that reinforced the country’s ambition to achieve a $1 trillion economy in 2030. Oyedele emphasised the government’s near-term priorities of translating reforms into results for the Nigerian people. He also pledged to publish quarterly financial data. The Director General of the Debt Management Office, Mrs Patience Oniha, assured investors of the government’s …
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Dangote Refinery Raises Petrol Price to ₦1,350 Per Litre
By Ayo Kehinde Dangote Refinery has increased its depot price for Premium Motor Spirit (PMS) to ₦1,350 per litre, marking a ₦75 rise from the previous ₦1,275 per litre. Petroleum.org on Wednesday, confirmed the new pricing, while a senior refinery official said the adjustment has been implemented across all loading channels. “The new pricing template has been activated across the board. All loading points have been updated, and marketers are already responding by adjusting their depot prices”, the official said. The latest increase comes barely a week after the refinery raised its ex-depot price from ₦1,200 to ₦1,275 per litre, indicating a rapid shift in pricing within the downstream sector. It is the second ₦75 increment recorded within seven days …
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NNPC Moves To Revive Warri, Port Harcourt Refineries, Seals Deal With Chinese Firms
From Victor Osula, Abuja Nigeria’s renewed push to restore its domestic refining capacity has once again, gained momentum, as NNPC Limited signed a fresh Memorandum of Understanding (MoU) with two Chinese firms to finally revive and expand the country’s long-struggling refineries. The development was disclosed in a statement issued by the Chief Corporate Communications Officer of NNPC Ltd, Andy Odeh, on May 3, in Abuja, highlighting what the national oil company described as a significant step toward sustainable refining operations. According to the statement, the MoU was executed on April 30, 2026, in Jiaxing City, China, by the Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, Chairman of Sanjiang Chemical Company Limited, Guan Jianzhong, Chairman of Xinganchen …
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DMO Launches May 2026 FGN Savings Bonds
From Victor Osula, Abuja The Debt Management Office (DMO) has unveiled its May 2026 Federal Government (FGN) Savings Bond offer, providing Nigerians with investment options offering returns of up to 14.525 percent annually. Announced on Monday, on behalf of the Federal Government, the offer is part of ongoing efforts to deepen the domestic debt market and encourage a savings culture among retail investors. The subscription window runs from May 4 to May 8, 2026, with settlement scheduled for May 13. The DMO emphasised that the bonds are secure, low-risk instruments backed by the Federal Government, making them attractive to individuals seeking stable returns amid evolving economic conditions. The May offer features two bond options tailored to different investment horizons. A …
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Others…
Fresh Plateau Attack Leaves Pregnant Women, 10 Others Dead In Bassa
By Ayo Kehinde Outrage has trailed a fresh deadly attack on the Ngbra Zongo community in Kwall District of Bassa …
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/ CRIME
Uzodimma Sparks Confusion Within Progressive Governors’ Forum By Ayo Kehinde
By Ayo Kehinde Confusion and controversy engulfed the Progressive Governors’ Forum (PGF) on Friday, following reports of an alleged plot …
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/ POLITICS
Kebbi Lists Gains of Sokoto- Badagry Highway, Praises Tinubu’s Transformative Leadership
The Kebbi State government has listed the social and economic gains of the Sokoto-Badagry Super Highway, praising President Bola Tinubu …
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/ POLITICS
Presiden Tinubu’s trips: Between ignorance and Ikhide’s misdirected outrage, By Michael Chibuzo
In moments of national crisis, emotions understandably run high, as evident in the emotion-laden tirade by Erasmus Ikhide triggered by …
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Senate Ends Legal Confusion in Pre-Election Disputes, Passes 2026 Electoral Act Amendment Bill
From Victor Osula, Abuja The Senate on Thursday passed the 2026 Electoral Act Amendment Bill, marking a major legislative intervention …
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/ POLITICS
Police Expand Complaints Response Unit, Ask Nigerians To Report Misconduct Through 24/7 Channels
The Nigeria Police Force (NPF) has expanded the capacity of its Police Complaints Response Unit (CRU) and urged members of …
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/ CRIME
Court Finds Ex-Minister Mamman Saleh Guilty In ₦33.7bn Power Projects Fraud, Orders Arrest For Sentencing
From Victor Osula, Abuja The Federal High Court in Abuja has convicted former Minister of Power, Mamman Saleh, on 12 …
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/ CRIME
2027: Presidential Race Not Computer Game, Let Me Consult Widely, Jonathan Tells Supporters
From Victor Osula, Abuja Former President, Goodluck Jonathan, on Thursday, told supporters urging him to contest the 2027 presidential election …
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/ POLITICS
After Germany Row, Tinubu Redeploys Fani-Kayode As Envoy To South Africa
From Victor Osula, Abuja President Bola Tinubu has approved the redeployment of former Minister of Aviation, Femi Fani-Kayode, as Nigeria’s …
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/ POLITICS
Channels TV Blasts Wike Over Allegation On Abuja Land Allocation, Asserts Lawful Approval, Statutory Payments
From Victor Osula, Abuja Channels Television has countered allegations made by the Minister of the Federal Capital Territory (FCT), Nyesom …
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