US Court Renews Allen Onyema’s Arrest Warrant Over Alleged Fraud
A United States court has reportedly reissued an order for the arrest of the Chairman and CEO of Air Peace Limited, Allen Onyema, over a $20 million fraud…
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Dangote Truck Kills Three Lagosians
The Lagos State Traffic Management Authority, LASTMA, has confirmed three persons dead following an accident involving a Dangote truck (numbered DCG-TM-028) and other vehicles. Correspondent…
NNPCL Ends ₦24 Trillion Fuel Import, Buys From Dangote Refinery
The Nigerian National Petroleum Company Limited has stopped importing refined petroleum products and is now off-taking fuel from the Dangote Petroleum Refinery and other local…
Nigeria’s Gross External Reserves add $244m in seven days to cross $40bn
Nigeria’s gross external reserves increased by $244 million ( $244,727, 958) from $39,832,802,155 on November 1, to $40,077,530,113 on November 7.The external reserves stood at…
FG allocates ₦4.4bn To Revive Abandoned Dams In Three States
In a bid to mitigate flooding and boost hydropower generation, the Federal Government, through the Ministry of Water Resources, has allocated approximately N4.4bn to revive…
Nigeria’s External Debt Hits $42.9 Billion, States Account For 11%
Nigeria’s external debt is now $42.9 billion as of the end of June 2024. According to the Debt Management Office (DMO), the share of 36 states…
Tinubu Govt Directs ₦5.4 Trillion Subsidy Savings Toward Nationwide Development
The Nigerian Presidency announced that an estimated N5.4 trillion in savings from subsidy removal in 2024 is being directed towards infrastructure and social intervention programs aimed…
IG Condemns Police Extortion, Orders Punishment For Culprits
The Inspector General of Police, Kayode Egbetokun, has condemned the spate of extortion allegations against some officers of the force in various areas across the…
South Africa, Seven Countries Queue To Lift Dangote Refinery Fuel
The Dangote Refinery and Petrochemical is set to begin fuel exports to South Africa, Angola, and Namibia, A highly credible source, who confirmed this exclusively…
Refiners Oppose Petrol Import Licences To IPMAN, PETROAN
The Crude Oil Refinery Owners Association of Nigeria has warned the Federal Government to be cautious in granting import licences to petroleum traders for the…