The Association of Distributors and Transporters of Petroleum Products has dissociated itself from the intended strike by the Nigeria Union of Petroleum and Natural Gas Workers and its cohorts. The National President of ADITOP, Alhaji Lawan Dan-Zaki, said this in an interview with the News Agency of Nigeria on Monday in Abuja. NAN reports that […]
Nigeria’s power sector faces a deepening financial crisis that could push the Federal Government’s liabilities to about N6.2 trillion by the end of 2025, amid the rapid exit of premium customers from the national grid. The government is already struggling with a N4 trillion legacy debt to generation companies (GenCos), while new arrears have risen […]
The Dangote Petroleum Refinery has denied a report that it could shut its petrol unit for two to three months. The spokesman of the Dangote Group, Anthony Chiejina, described the report as “fake”. Reuters had reported that the petrol unit at the 650,000 barrel-per-day Dangote refinery may be shut for two to three months for […]
The Nigeria Labour Congress (NLC) has called for an upward review of the national minimum wage, saying that N70,000 is no longer sustainable. The demand follows recent wage reviews by some states. In an interview, the Acting General Secretary of the NLC, Benson Upah, said workers are struggling to survive. “The truth is that N70,000 […]
Former Vice President and presidential candidate of the Peoples Democratic Party in the 2023 general elections, Atiku Abubakar, has described the summons of former Kaduna State Governor, Mallam Nasir El-Rufai, leaders of the African Democratic Congress, the attack on former Attorney-General Abubakar Malami, and the disruption of the Katsina Elders Forum security meeting as a […]
Nigeria and China have pledged to deepen cooperation in the marine and blue economy sector, focusing on boosting port development and opening new markets for Nigerian aquaculture exports. This commitment was made during a meeting between the Minister of Marine and Blue Economy, Adegboyega Oyetola, and the Chinese Ambassador to Nigeria, Yu Dunhai, at the […]
Following price gains in 40 stocks, the Nigerian stock market, yesterday, reversed losses to close in an upbeat as the overall capitalisation advanced by N521 billion. The ll share index (ASI) gained 822.85 points, representing a growth of 0.60 per cent to close at 138,980.01 points. Also, market capitalisation gained N521 billion to close at […]
Britain’s deputy prime minister, Angela Rayner, resigned on Friday after an investigation found she breached the ministerial code by underpaying on a property tax, in a major blow to Prime Minister Keir Starmer’s embattled Labour government. Rayner, a figurehead among the party’s left-wing base, had earlier this week admitted not paying enough on the flat […]
Tens of millions of mobile phones across the UK will blare a siren sound at the same time on Sunday as part of government efforts to better prepare for national emergencies. The nationwide test comes as officials seek to strengthen the country’s resilience amid more frequent extreme weather events and concerns around Russia’s war in […]
Loyalists of Finland-based pro-Biafra agitator, Simon Ekpa, under the aegis of the Biafra Republic Government in Exile (BRGIE), have vowed to appeal the six-year prison sentence handed down to him by a Finnish court. Acting Prime Minister of BRGIE, Ogechukwu Nkere, in a statement on Friday, alleged that the judgment was influenced by pressure from […]
The Nigerian Railway Corporation has undergone a significant management reshuffle, barely 10 days after a train accident on the Kaduna-Abuja route injured 20 people. NRC’s Managing Director, Dr Kayode Opeifa, announced a sweeping reorganisation that includes the appointment, redeployment, and retention of district managers and senior officers across the corporation’s operational corridors, according to an […]
Mike Tyson and Floyd Mayweather have reached a deal on a potential exhibition fight in 2026, promoter CSI Sports said on Thursday. No date or location was given for the bout, but CSI said heavyweight great Tyson and undefeated multi-weight champ Mayweather would meet in “Spring 2026”. Tyson, 59, built a 50-7 record with 44 […]