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Naira-for-crude policy here to stay – FG

The Federal Government has doubled down on its Naira-for-crude oil initiative, declaring it a permanent fixture in Nigeria’s long-term economic reform strategy — not a temporary fix. In a statement posted Wednesday via the Federal Ministry of Finance’s official channels, the government emphasized that all domestic crude oil and refined petroleum sales will continue to...
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NCC proposes 12-month grace to reclaim airtime on deactivated lines

The Nigerian Communications Commission has proposed a 12-month grace period for subscribers to reclaim unused airtime on deactivated lines. The proposal was disclosed during a virtual stakeholder engagement forum held in Abuja on Tuesday. The Executive Vice Chairman/CEO of the NCC, Dr Aminu Maida, who was represented by the Executive Commissioner for Stakeholder Management, Rimini...
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FEC orders full implementation of naira-for-crude deal

The Federal Executive Council has officially directed the full implementation of the suspended Naira-for-Crude agreement with local refiners. The Ministry of Finance disclosed this on its official X handle titled “Update on the Crude and Refined Product Sales in Naira Initiative,” on Wednesday. Recall that the first phase of the six-month deal involving the Federal...
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2024 Access Holdings results await CBN’s nod

Access Holdings Plc has announced a delay in filing its audited results for the 2024 financial year on the back of approval from its regulator, the Central Bank of Nigeria. According to an official announcement on Monday, signed by the Company Secretary, Sunday Ekwochi, the financial results have already been submitted to the Central Bank...
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Alake orders illegal miners out of Zamfara

The Federal Government has warned illegal miners to immediately vacate all sites in Zamfara, emphasising that all mining activities remain suspended until the release of standard operating procedures to guide the resumption of exploration in the state. The Minister of Solid Minerals Development, Dr Dele Alake, gave this warning on Tuesday, following reports of recent...
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Shettima, Sanwo-Olu, others to grace NACC gala

Lagos is set to host a major gathering of political and business leaders as the Nigerian-American Chamber of Commerce celebrates its 65th anniversary and inaugurates its 20th president, Alhaji Sheriff Balogun, on April 12, 2025. The high-profile event will take place at the Lagos Continental Hotel, Victoria Island, Lagos. Themed ‘The Power of Co-Operation: 65...
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Reactions Trail 2Face New Single, Toto Mechanic’

Legendary Nigerian Afrobeats singer, Innocent Idibia, better known as 2Face, has stirred social media reactions with his new recently released single titled, “Toto mechanic”. New Telegraph recalls that 2Face announced his separation from his wife, Annie Idibia, a few weeks ago while revealing his new-found love interest, Natasha Osawaru, which has garnered a lot of...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...