The Executive Secretary of the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), Olufemi Adewole, has raised concerns over the Naira-for-crude oil transaction framework, warning that it could pose significant risks to Nigeria’s foreign exchange (FX) stability and discourage Foreign Direct Investment (FDI). Adewole highlighted that such a policy might create volatility in the […]
The Governor of Abia State, Alex Otti, has lifted the 10-year promotion embargo on staff of Dr. Ogbonnaya Onu Polytechnic (formerly Abia Polytechnic), Aba, imposed by the previous administration. The Chief Press Secretary to the Governor, Ukoha Njoku, disclosed this in a statement issued in Umuahia on Tuesday. According to Njoku, Governor Otti also approved […]
The Nigeria Security and Civil Defence Corps (NSCDC), Ondo State Command, has uncovered an illegal crude oil reservoir in the state. This was disclosed in a statement by the command’s spokesperson, DSC Daniel Aidamenbor, and made available to newsmen on Tuesday in Akure. Aidamenbor explained that the discovery was made during a joint operation with […]
Chairman, Nigerians in Diaspora Commission (NIDCOM), Abike Dabiri-Erewa, has said over 956 Nigerians have been evacuated from Libya, in the first quarter of 2025 alone, courtesy of the International Organization for Migration (IOM) Nigeria and the National Commission for Refugees Migrants and Internally Displaced Persons Offices (NCRMI). This is contained in a statement signed by […]
Suspended Rivers State Governor, Siminalayi Fubara, has raised the alarm over fake reports of pipeline explosions in the state, urging security agencies to investigate and take action against those spreading false information. In a statement issued by his Chief Press Secretary, Nelson Chukwudi, Fubara dismissed viral videos of alleged attacks on oil and gas facilities […]
Five fleeing inmates from the Koton Karfe Medium Security Custodial Centre(MSCC) in Kogi State, who escaped the facility Monday morning, have been captured while seven are still on the run. Spokesperson for the Nigerian Correctional Service (NCoS), Abubakar Umar, said all the escapees were Awaiting Trial Inmates (ATI). He explained that five of them have […]
Apex Igbo socio-cultural organization, Ohanaeze Ndigbo, has declared that the prospect of reconciliation between the Northern region and President Bola Tinubu has reached an irreparable juncture. Meanwhile, the coalition of political leaders has yet to adopt any of the registered political platforms to use in the quest to unseat the Tinubu-led All Progressives Congress (APC) […]
Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested 133 suspects in Abuja following a raid on a ponzi scheme academy operating under the name Q University, also known as Q-Net. The operation carried out on Monday, took place at the Compensation Layout in Gwagwalada, Federal Capital Territory. A statement by the EFCC’s […]
Nigerians spent a total of N509.84 billion on electricity in the last quarter of 2024, a sharp modest increase from N466.69 billion spent in the third quarter, data from the Nigerian Electricity Regulatory Commission (NERC) stated. Despite the improvement in revenue, distribution companies still recorded a combined loss of N139.08 billion due to inefficiencies in […]
The Senate is set to pass the tax reform bills forwarded by President Bola Tinubu to the National Assembly today (Tuesday). This development was confirmed by two prominent senators who requested anonymity, as they were not authorized to speak on the matter. “This should have been done last week had the Rivers State of emergency […]
