Dangote Refinery Announces Nationwide Petrol Price Reduction
In a move expected to bring relief to consumers, Dangote Petroleum Refinery has announced a fresh cut in the pump price of Premium Motor Spirit (PMS), commonly known as petrol,…
Edun Urges Strategic Exit Plan as New AMCON Board Takes Charge
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has called for a measured and strategic approach to the eventual winding down of the Asset Management Corporation…
President Tinubu Submits ₦1.48 Trillion Rivers State Budget to National Assembly
In a rare move prompted by constitutional provisions, President Bola Ahmed Tinubu has forwarded a proposed ₦1.481 trillion budget for Rivers State to the National Assembly for approval. This development…
Federal Ministries Collaborate to Boost Local Steel Usage in Telecom Infrastructure, Propose Tech Hub at Ajaokuta
In a renewed drive to deepen local content and industrial growth, the Federal Ministries of Steel Development and Communications, Innovation, and Digital Economy have initiated a strategic partnership to integrate…
Nigeria’s External Debt Payments Surge to $2 Billion in Early 2025
Between January and April 2025, Nigeria allocated approximately $2.01 billion toward servicing its external debt—reflecting a sharp 50% increase compared to $1.33 billion spent during the same period in 2024.…
Calls Grow for Urgent Repairs on Flood-Damaged Kano–Maiduguri Road
The Kano–Maiduguri highway, a critical transportation link in northern Nigeria, remains in a deteriorated state nearly a year after severe flooding devastated key sections of the route. Despite promises of…
Niger State Records Over N100bn in Internally Generated Revenue Within One Year
Niger State has surpassed expectations in its internally generated revenue (IGR) drive, collecting over ₦100 billion in just one fiscal year—an achievement that state officials have described as historic. Governor…
Senate Targets Fruit Sellers Using Harmful Chemicals for Artificial Ripening
In a move aimed at protecting public health, the Nigerian Senate has initiated steps to criminalize the artificial ripening of fruits using hazardous chemicals. Lawmakers say the practice, which has…
Manufacturers Urge CBN to Slash Interest Rates, Warn of Mounting Pressure on Industrial Sector
Nigerian manufacturers have called on the Central Bank of Nigeria (CBN) to lower the country’s benchmark interest rate, warning that current monetary policies are significantly hampering industrial growth and threatening…
Dangiwa, EFCC Chairman Inspect Emefiele’s Forfeited Estate, Reaffirms FG’s Housing Commitment
The Ministry of Housing and Urban Development has officially taken delivery of a 753-unit housing estate formerly owned by embattled ex-Central Bank Governor, Godwin Emefiele. The estate, which was forfeited…