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Removal of petrol subsidy & decreased revenue from crude oil have raised concerns about the country’s foreign exchange reserve, according to the Central Bank of Nigeria (CBN). As of September 12, 2024, Nigeria’s external reserves stood at $36.08 billion, according to CBN data. In its newly published ‘Monetary, Credit, Foreign...
Olusegun Obasanjo, the former president, disclosed how Nigeria nearly lost out on a $280 million telecom contract when landlines gave way to mobile phones. Speaking at the launch of a book, the former president recounted a pivotal moment during Nigeria’s telecommunications evolution. Obasanjo disclosed that his predecessor had...
The Oyo State Government has outlawed headteachers’ and teachers’ gatherings of any kind within, surroundings of public schools during learning hours. The Chairman, Oyo State Universal Basic Education Board, Dr. Nureni Aderemi Adeniran, made this known today while monitoring schools resumption in Ibadan today....
The project to transform Ibadan Airport in Alakia into an international airport will be officially launched on Wednesday by Governor Seyi Makinde. The flag-off comes a few weeks after the governor inaugurated an 11-man committee set up to oversee the delivery of the project. The committee...
Oyo State government has announced the release of the 2024 screening/placement for primary six pupils transiting into Junior Secondary Schools and Schools of Science results. In...
Former Attorney General of the Federation (AGF), Kanu Agabi, has said that Nigerians who are suspicious of the integrity of elections in the country have justifiable...
In order to cover for the late Barrister Isaac Omodewu, who served as the party’s chairman till his passing, the All Progressives Congress APC in Oyo State has named Alhaji Moshood Olayide Abas as its new interim chairman. Abas was , until his announcement as the acting chairman, was the deputy state chairman of Oyo APC as he and late Omodewu...
The Nigerian National Petroleum Company Limited (NNPC) has come under fire for choosing to sell petrol that was lifted from the Dangote Refinery at a greater price than...
The NNPC‘s assertion that it purchased fuel from the local refinery for 898 naira per litre has been refuted by Dangote Refinery. Following the lifting of petrol from the Dangote Facility located in the Ibeju-Lekki area of Lagos, spokesperson of the NNPCL, Olufemi Soneye, said; “We...
The Nigerian National Petroleum Company Limited (NNPC) has announced it purchased petroleum from Dangote Refinery at a rate of N898 per litre. NNPC said it dispatched...