The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has said the recent drop in global crude oil prices has sparked hopes of a corresponding reduction in petrol prices in Nigeria National President, PETROAN, Dr Billy Gillis-Harry, while reacting to recent development in the oil and gas sector...
Nigeria
The African Export-Import Bank (Afreximbank) has disbursed 50 billion Dollars into various sectors of Nigeria in the last 10 years. The President and Chairman of Afreximbank, Prof. Benedict Oramah disclosed this at the Commissioning of the Afreximbank African Trade Centre (AATC) in Abuja on Thursday. Oramah said the sectors...
The African Development Bank’s President, Dr Akinwumi Adesina, has said implementation of the Special Agro-Industrial Processing Zones (SAPZs) in Nigeria would reduce food imports, strengthen the Naira, and generate millions of jobs. Adesina stated this on Thursday in Calabar, Cross River, at the groundbreaking of the SAPZ project on...
By JOHN ONAH, Abuja – The Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, has called for stronger ties and deeper collaboration among Election Management Bodies (EMBs) in the West African sub-region. According to him, working more closely together is key to deepening democratic governance across...
By AMOS MATHEW, Kaduna – The Chairman of Arewa Consultative Forum (ACF), Chief Mamman Mike Osuman (SAN) has described the recent resurgence of violent attacks in parts of the North and other parts of the country as disturbing and unacceptable. This caution formed part of the opening remarks delivered...
The presidential candidate of the Labour Party in the 2023 election, Peter Obi, says Nigeria is collapsing, charging the opposition to speak up against bad governance in the country. Obi, who was speaking at the National Executive Committee meeting of the party in Abuja on Wednesday, decried the level...
The Securities and Exchange Commission (SEC) has expressed optimism that Nigeria is on the verge of being removed from the Financial Action Task Force (FATF) grey list. This confidence stems from the recent signing of the Investments and Securities Act (ISA 2025) by President Bola Tinubu. Director-General, SEC, Dr....
Minister of Aviation and Aerospace Development, Mr Festus Keyamo, has said the Federal Government will launch an e-visa system and digital landing/exit cards to enhance national security. He disclosed this on Wednesday in Abuja when he received a delegation led by the Minister of Interior, Mr Olubunmi Tunji-Ojo. According...
The Federal Government has said 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 decision of the NNPCL under its...
The Federal Government and China Machinery Engineering Corporation (CMEC) on Wednesday signed a contract agreement worth 328.8 million dollars aimed at improving power supply across the country. The contract, valued at $328,819 million dollars covers Engineering, Procurement, Construction, and Financing for the implementation of transmission lines under Phase 1...
By AMOS MATHEW, Kaduna – The Vice President, Kashim Shettima, has noted that the implementation of the Special Agro-Industrial Processing Zone (SAPZ) in Kaduna State is due to Governor Uba Sani’s result-oriented leadership. The Vice President who made this known at the groundbreaking ceremony of the SAPZ at Dakin...
The Director General (D-G) of the National Pension Commission (PenCom), Omolola Oloworaran, has said the N5.51 trillion pension investment will boost the country’s real sector development. This is contained in a statement issued by the management of the commission in Abuja on Tuesday. The investments, she said, span infrastructure,...
Vice-President Kashim Shettima, has said Nigeria needs patriots, including citizens, leaders and institutions, ready to be counted with a view to establishing a federation that serves the people. Shettima said this on Tuesday in Abuja during the 7th edition of Annual Leadership Conference and Awards, held at the State...
By AMOS MATHEW, Kaduna – President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has disclosed that Kaduna State is leading the way as the first to launch the Special Agro-Industrial Processing Zone (SAPZ) in Nigeria. Speaking when he paid a courtesy call at Sir Kashim Ibrahim House...
The National Security Adviser (NSA), Malam Nuhu Ribadu, has again handed over 60 kidnapped victims rescued by security agencies to their families and warned against ransom payment to kidnappers. Ribadu said that paying ransom to kidnappers would only encourage them to continue in the crime, adding that it was...
The Federal Government on Tuesday in Abuja said it could generate over 200 billion dollars annually from space regulation and licensing. Minister of Innovation, Science and Technology, Chief Uche Nnaji, said this at a one-day sensitisation and stakeholders engagement on the commencement of space regulation, spectrum management and licensing...
By EZEKIEL OBI, Abuja – The Minister of Information and National Orientation, Mohammed Idris, has stated that the Federal Government has begun investing in cutting-edge technologies and acquiring state-of-the-art equipment for federal media organizations to ensure effective service delivery. Idris made this statement in Las Vegas, Nevada, during discussions...
The Nigerian Olympic Committee (NOC) announced it has met the March 28, 2025 deadline for expression of interest to bid for the 2030 Commonwealth Games. Nigeria can only commence a formal bid with the backing of the country’s government. Nigeria lost a bid to host the 2014 Commonwealth Games...
By EZEKIEL OBI, Abuja- The federal government has clarified that Nigeria is not on the list of countries facing an entry ban into Saudi Arabia from April 13. Foreign Affairs Minister, Yusuf Tuggar made the clarification through a statement by his Special Assistant on Media and Communications Strategy, Alkasim...
Legal luminary and elder statesman, Chief Afe Babalola, Senior Advocate of Nigeria (SAN), has warned the Federal Government to stop mass approval of licenses for new universities. Babalola, who is the founder of the Afe Babalola University Ado-Ekiti (ABUAD), said that approving establishment of universities without consideration for quality...