Tompolo’s firm, navy face off over vessel arrested with ‘stolen’ crude oil
Operatives of Tantita Security Services Limited have clashed with the Nigerian Navy over a “massive” crude oil vessel arrested in the coastal waters of Ondo state. The vessel was intercepted after it was spotted loading…
One Dangote Is Not Enough
One of the drawbacks of being in government in Nigeria is that you are daily occupied with pedestrians and you may have little or no time to…
Kaduna Bombing ‘Regrettable Error’, Won’t Reoccur, Army Chief Insists
The Chief of Army Staff, Taoreed Lagbaja, on Thursday, insisted that the military airstrikes at Tudun Biri village that killed over 100 villagers was a “regrettable error” that will not reoccur. Lagbaja stated this…
What you should know about the new rings that help prevent HIV
One of the recent innovative solutions developed to protect women against Human Immunodeficiency Virus (HIV) is vagina ring and South Africa has taken the lead to begin to produce the device in Africa. But what is…
FX inflows of $2.3bn fails to shore up external reserves
Nigeria’s economy recorded a higher net foreign exchange (FX) inflow in August 2023, but the decline in foreign currency reserves and naira pressure remain. Data from the Central Bank of Nigeria (CBN) showed that…
No bottleneck too difficult to remove – Tinubu tells Shell
President Bola Tinubu says he is optimistic about attracting increased investments from Shell Petroleum Development Company of Nigeria (SPDC). During a meeting on Thursday with the Shell Group management, led by…
‘How President-as-petroleum-minister stalled N11 trillion subsidy probe’ – Sanusi
The decision by ex-President Muhammadu Buhari and his successor, Bola Tinubu, to make themselves Minister of Petroleum Resources deepens…
Otedola becomes second Nigerian billionaire with stakes in two companies worth over 1 trillion naira
Nigerian billionaire businessman and philanthropist Femi Otedola has solidified his position as a major force in the African business scene and the Nigerian…
Again, queues resurface at banks as customers battle cash scarcity
• Banks peg withdrawal limit at N50, 000 per transaction • POS operators limit withdrawal to N10, 000 per card, hike charges by 100% • Operators charge…
Aliko Dangote’s refinery set to commence operation as first crude stock arrives
The $20-billion Dangote Oil Refinery owned by Africa’s richest person — Aliko Dangote — is poised to commence production after years of delays as the first crude shipment…
Seyi Tinubu Donates N10m To Social Media Influencer, King Mitchy
A content creator, identified as Mukoro Ereremena Michelle, popularly known as King Mitchy, has revealed that President Bola Tinubu's son, Seyi, gifted her…
Zenith Bank director acquires 1.7m units of shares
An executive director of Zenith Bank Plc, Dr Temitope Fasoranti, has acquired over 1.7 million units of the lender’s shares. This was revealed in a corporate notice signed by the Company Secretary/General Counsel, Zenith…
Some foreign airlines may quit Nigeria, IATA warns FG
…Lagos, Abuja airports fees highest amid poor infrastructure The International Air Transport Association has warned the Central Bank of Nigeria that some foreign airlines may be forced to quit the Nigerian markets…
More pressure on industries, businesses over N952/$1 exchange rate for import
• N2m increase on 40ft container, N350,000 rise on vehicle clearance • Importers to divert cargoes to other…
CAF Awards: Osimhen, Oshoala named in final shortlist
Super Eagles forward Victor Osimhen has made the final shortlist for the 2023 CAF African Men’s Player of The Year Award, The PUNCHreports. The Confederation of African Football, on its official X handle on Thursday,…
Why it’s difficult to remove sitting president, by Salis
The governorship candidate of the Alliance for Democracy (AD) in 2019 election in Lagos State, Owolabi Salis, yesterday, said it is impossible for the courts, including the…
APC Reacts to Reported Coalition Between PDP, SDP, Five Other Parties
The All Progressives Congress (APC) has dismissed the proposed coalition of seven opposition parties, stating it won’t lose sleep over their…
“10th N’Assembly didn’t buy N57 billion SUVs, we only received them” – Labour Party senator, Ireti…
Ireti Kingibe, FCT’s only senator who was elected on the platform of the Labour Party, says that the 10th Senate was not responsible for the purchase of the N57 billion worth of SUVs. In an interview with AriseTV,…
Tinubu approves four new appointments
President Bola Tinubu has approved the appointment of four new members of the National Council on Privatization (NCP). According to a statement by presidential media aide Ajuri Ngelale on Thursday evening, the newly…
FG spends N750 feeding each prisoner daily; N800 on one dog, says NCoS
The comptroller general, Nigerian Correctional Services (NCoS), Haliru Nababa, has revealed that the federal government spends N750 feeding an inmate daily while it spends N800 daily on a dog. Mr Nababa disclosed this…
Canada announces new visa requirements; raises proof of funds from $10,000 to $20,000
Canadian authorities have announced that “cost-of-living financial requirement for study permit applicants” for international students will increase from $10,000 to $20,000, starting from January 1, 2024. Marc Miller,…
Prisoners From Foreign Lands Working At Construction Sites In Nigeria – Senate Panel
The chairman of the Senate Committee on Interior, Adams Oshiomhole, has raised the alarm that prisoners from foreign countries are working at construction sites in Nigeria. He spoke in Abuja on Wednesday when the Minister of…
President Tinubu Appoints Lokpobiri chairman of NCDMB, Others as Governing Council
President Bola Tinubu has approved the appointment of the State Minister of Petroleum, Sen. Heineken Lokpobiri as chairman of the Nigerian Content Development and Monitoring Board (NCDMB). The president also…
UK not safe for me, family – Prince Harry
Prince Harry believes he was forced to leave the UK and that he and his family can never feel safe during visits home without adequate security, a court was told Thursday. The youngest son of King Charles III quit the…