Naira Crude Sales Boost Local Refineries, Cut FX Risks – Tinubu
The Federal Government has announced that the introduction of crude oil sales in Naira is a strategic move aimed at enhancing the operational efficiency of local refineries by reducing foreign exchange risks and transaction costs. President Bola Tinubu disclosed this on Tuesday while declaring open the eighth edition of the Nigeria International Energy Summit (NIES)…
Hassan Abubakar Assumes Chairmanship of African Air Forces
The Chief of the Air Staff (CAS), Air Marshal Hassan Abubakar, has assumed the Chairmanship of the Association of African Air Forces (AAAF), emphasizing the need for African-led solutions to the continent’s security challenges. This announcement was made in a statement issued by the Nigerian Air Force (NAF) Spokesperson, Air Vice Marshal Olusola F. Akinboyewa….
Senator Natasha Akpoti-Uduaghan Sues Senate President Akpabio for ₦100 Billion Over Alleged Defamation
Senator Natasha Akpoti-Uduaghan has filed a lawsuit against Senate President Godswill Akpabio, seeking ₦100 billion in damages for alleged defamation. The suit, filed at the Federal Capital Territory (FCT) High Court on Tuesday, also names Akpabio’s senior legislative aide, Mfon Patrick, as a co-defendant. The legal action stems from a Facebook post published by Patrick…
FG Targets Massive Job Creation in ICT
The Federal Government, through the Ministry of Communications, Innovation, and Digital Economy, has unveiled plans to create jobs in the digital economy as it commissions the Nigeria-Korea Information Access Centre (IAC). Funded by the Korean government, the centre was inaugurated on Tuesday at the Digital Bridge Institute (DBI) in Abuja. During the commissioning, the…
Nigeria’s GDP Grows by 3.84% in Q4 2024, Driven by Strong Services Sector Performance
Nigeria’s economy maintained its upward trajectory in the final quarter of 2024, with the Gross Domestic Product (GDP) growing by 3.84% year-on-year in real terms, according to the latest data released by the National Bureau of Statistics (NBS). This growth rate marks an improvement from the 3.46% recorded in the same period in 2023 and…
IBB Resuscitates Debate on the Nigerian Civil War
Nearly six decades after the first military coup in Nigeria, which culminated in the Nigerian Civil War, former military leader General Ibrahim Babangida has reignited discussions about the conflict in his recently released book, *Journey in Service*. Babangida, who styled himself as “president” during his regime, challenges the widely held narrative that the 1966 coup…
NNPC Ltd Leads Africa’s Gas Infrastructure Expansion at NIES 2025, Highlights Tinubu’s Reforms as Key Driver for Investment
The Group Chief Executive Officer of NNPC Ltd, Mele Kyari, has declared that Africa is poised to become the next frontier for global energy investment, with Nigeria at the forefront of this transformation. Speaking at the opening ceremony of the 2025 Nigeria International Energy Summit (NIES) in Abuja, Kyari emphasized Nigeria’s pivotal role as Africa’s…
FG Orders Discos to Publish Details of Meter Refunds
The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has directed all electricity distribution companies (Discos) to publish details of refunds made to customers who purchased meters under the Meter Asset Providers (MAP) scheme. The directive, announced on NERC’s social media handles on Monday, aims to enhance transparency and encourage customer participation in the…
Court Fixes Wednesday for Ruling on Emefiele’s Recusal Application
A Special Offences Court sitting in Ikeja, Lagos, has adjourned its ruling on the recusal application filed by former Central Bank Governor, Godwin Emefiele, until Wednesday, February 26. The court will decide whether Justice Rahman Oshodi will continue to preside over the case. The adjournment followed arguments by Emefiele’s counsel, Senior Advocate of Nigeria…
Man Arrested for Beating Girlfriend to Death in Lagos
The Lagos State Police Command has arrested a 23-year-old man, Gbolahan Adebayo, for allegedly beating his girlfriend to death in the Ijedodo area of Alimosho Local Government. The tragic incident occurred during the deceased’s visit to the suspect’s residence on Friday night. According to eyewitnesses, the victim, whose identity has yet to be disclosed,…