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March 26, 2026

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Alarm Bells Ring As Nigeria’s Refineries Collapse By 92%

Joseph December 4, 2023
The World Energy 2023 report has unearthed a staggering decline of 92% in Nigeria’s crude oil refining output over the past ten years, raising concerns about…
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Reverse Appointment Of New NNPCL Board, Ararume Tells Tinubu

Joseph December 4, 2023
A former senator, Ifeanyi Ararume, has called on President Bola Tinubu to reverse his appointment of a new board and management team for the Nigerian…
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Over 60 Refinery Licences Inactive 18yrs After As Fuel Import Thrives

Joseph December 4, 2023
Nigeria’s continued dependence on importation of petroleum products remains a concern despite awarding over 57 refinery licences in the last 18 years and an additional…
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Nigeria Signs Agreement With Siemens To Increase Grid Capacity To 12,000MW

Joseph December 2, 2023
President Bola Tinubu has signed an agreement with Olaf Scholz, Chancellor of Germany, to improve Nigeria’s grid capacity and improve electricity supply in the country. …
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CBN To Freeze Bank Accounts Without BVN, NIN Starting April 2024

Joseph December 2, 2023
This is according to a Friday circular by the apex bank which said a BVN or NIN verification will be “conducted shortly”. The Central Bank…
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Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market

Joseph December 2, 2023
The naira, on Friday, depreciated marginally to N927.19 per dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM), the country’s official exchange rate window. The rate…
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Lagos Releases 20,000 Bags Of Eko Rice, Pegs 50kg At N43k, 25kg For N22k

Joseph December 1, 2023
Lagos State Government has concluded plans to release additional 20,000 bags of Eko Rice for distribution to various designated markets for the period of Yuletide in…
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80% Of Illegal Structures Demolished In Lagos Owned By Yoruba – SOWPROF

Joseph December 1, 2023
The South-West Professional Forum (SOWPROF) has said that the majority of illegal structures demolished in Lagos are owned by Yoruba people. The SOWPROF, in a statement…
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FG Pays ₦‎585 Million Fines, Begins Nationwide Prisoners’ Release

Joseph December 1, 2023
The Federal Government, on Thursday, said it had raised N585m towards the settlement of fines for inmates in a bid to decongest correctional centres across…
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Adegoke Jeremiah: Ekiti Govt Sues Chef Dammy’s Pastor, Demands ₦10M Damages

Joseph November 29, 2023
The Directorate of Citizens Rights (DCR) of the Ministry of Justice in Ekiti State has filed a lawsuit against Chef Dammy’s pastor, Prophet Adegoke Jeremiah,…
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