Connect with us
The Major Energies Marketers Association of Nigeria (MOMAN) has released data showing that the landing cost of Premium Motor Spirit (PMS), also referred to as petrol, has decreased to N981 per litre. This marks a decrease of over N140 from the previous cost of around N1,130 per litre recorded in recent weeks. The reduction in...
The Federal Government has approved the increment of corps members’ monthly allowance from N33,000 to N77,000, effective from July 2024. The increment was announced on Wednesday...
According to data from the National Bureau of Statistics (NBS), Nigeria’s unemployment rate increased from 5.0% in the third quarter (Q3) of 2023 to 5.3% in the first quarter (Q1) of 2024. In its report released on Tuesday, September 24, the NBS defined unemployment as the share of the labor force actively seeking work but unable...
The founder of Dangote Petroleum Refinery, Aliko Dangote, has urged the federal government to end the petrol subsidy, saying the time has come for the nation to stop making these payments. Dangote made this remark during an interview with Bloomberg TV on Monday, September 24. “I think it is the right...
Former President Olusegun Obasanjo has called for the imprisonment of corrupt politicians, stating that “thieves cannot provide just governance.” The 87-year-old statesman made this demand while...
The Independent National Electoral Commission (INEC) has issued new regulations and guidelines for the recall process of elected officials at both the state and federal levels. ...
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...
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...
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...