The Dangote Petroleum Refinery has resumed the sale of Premium Motor Spirit, popularly called petrol, in naira, ending its brief dollar-denominated pricing regime, while increasing its ex-depot price by N140 per litre. The latest development comes one week after the 650,000-barrels-per-day refinery suspended truck loading of petrol and switched to dollar pricing, a decision that […]
The Senate has suspended further legislative action on a bill seeking to establish a Nigerian Coast Guard, opting instead for wider consultations amid concerns that the proposed agency could duplicate the responsibilities of existing maritime security institutions. The decision came during plenary on Wednesday after lawmakers debated the measure, which had already progressed through committee […]
The Senate has suspended further legislative action on a bill seeking to establish a Nigerian Coast Guard, opting instead for wider consultations amid concerns that the proposed agency could duplicate the responsibilities of existing maritime security institutions. The decision came during plenary on Wednesday after lawmakers debated the measure, which had already progressed through committee […]
The investigation into the controversial Presidential Foreign Intervention Promotion Council intensified on Wednesday as the Independent Corrupt Practices and Other Related Offences Commission commenced interrogation of the alleged founder of the disputed agency, Adeniyi Adeyemi, inside police detention. The PFIPC controversy erupted after allegations that Adeyemi presented himself as the Director-General of a presidential body […]
Zamfara State Goverment has signed Executive Orders for the establishment of an integrated governance framework for education financing, school protection, classification, quality assurance, health, and security in the State. Governor signed the Executive Order on Tuesday and also launched the distribution of national curricula to public schools during a meeting with education stakeholders at the […]
United States President Donald Trump has pledged continued American support for Nigeria’s fight against terrorism in a letter to President Bola Tinubu, praising his leadership and commitment to tackling insecurity. The letter, dated July 6 and released on Wednesday by presidential spokesman Bayo Onanuga, was sent in response to an earlier correspondence from Tinubu, although […]
France has reaffirmed its commitment to Nigeria’s sustainable development, with the French Development Agency (AFD) investing more than €3.3 billion in 57 projects spanning 23 states, targeting critical sectors such as water, power, transport, climate resilience and skills development. The investment, announced as France marked its National Day, underscores the growing development partnership between both […]
The Abia State Government has approved the establishment of six modern greenhouses across the state’s three senatorial zones as part of Governor Alex Otti’s efforts to boost year-round food production, strengthen food security and modernise agriculture. Commissioner for Information, Prince Okey Kanu, disclosed this while briefing journalists on the outcome of this week’s State Executive […]
Nigeria has called for deeper cooperation with Germany in economic development, security, renewable energy, digital innovation and regional peace as both countries seek to strengthen their longstanding bilateral relations. The Minister of Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, made the call on Wednesday while receiving Germany’s Federal Minister for Foreign Affairs, Johann Wadephul, and his delegation […]
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has chosen a cautious approach to inflation management by retaining the monetary policy rate (MPR) at 26.5 per cent. Justifying the decision, the Governor of the CBN and Chairman of the MPC, Yemi Cardoso, pointed to renewed geopolitical tensions in the Middle East, […]
