Latest news

Latest News

FG Enforces 0.5% Levy on Fuel Wholesalers in Nigeria

The Federal Government has tightened regulatory pressure on fuel suppliers and their wholesale customers in the downstream petroleum sector with the enforcement of the 0.5 per cent levy on the wholesale price of petroleum products and natural gas, as provided in the recently published Midstream and Downstream Petroleum Operations Regulations, 2025. Under the new regulations,...
Read more

Borno ADC Crisis Deepens

The African Democratic Congress (ADC) factional group in Borno State led by Umar Bolori has rejected the Transition and Membership Registration Committee inaugurated by Alhaji Kashim Imman. Addressing journalists in Maiduguri on Monday, the factional State working Transition Committee Chairman Bolori said: “The so-called Transition and Membership Registration Committee inaugurated by Kashim Imman is null...
Read more

Foundation Sets New Goals for Education in Nigeria at 10

The Bunmi Adedayo Foundation has marked a decade of impact in Nigeria’s education sector, announcing fresh targets to empower 10,000 teachers and reach an additional 100,000 learners nationwide, as it reflects on ten years of classroom-focused interventions. In a statement issued on Tuesday, the Foundation said it was born out of “loss and a clear...
Read more

MultiChoice Nigeria Appoints Kemi Omotosho as New CEO

MultiChoice Nigeria has appointed Kemi Omotosho as its new Chief Executive Officer, following the retirement of John Ugbe, the company said in a statement on Monday. The appointment will take effect from January 2026, marking a leadership transition at the pay-TV operator after nearly 15 years under Ugbe, who oversaw the business through significant shifts...
Read more

Shippers Council Suspends Port Tariff Hikes in Nigeria

The Nigerian Shippers Council has directed all shipping companies, shipping agents, and terminals operating within Nigerian ports to suspend and refrain from implementing any review or upward adjustment of their charges until they have fully engaged their stakeholders. Announcing this in a statement on Tuesday, the Head of Public Relations at the NSC, Rebecca Adamu,...
Read more

NEITI Confirms Historic N6tn FAAC Disbursements for Q3 2025

Nigeria recorded its highest-ever Federation Account Allocation Committee disbursements in the third quarter of 2025, with a total of N6tn shared among the three tiers of government, the Nigerian Extractive Industries Transparency Initiative has said. In its Quarterly Review for Q3 2025 released on Tuesday, NEITI said the record allocation reflected a sharp rise in...
Read more

Nigeria to raise $3bn annually through its carbon market

President Bola Tinubu on Tuesday told world leaders that Nigeria is mobilising climate finance through a newly activated carbon market framework expected to unlock between $2.5bn and $3bn annually over the next decade. Speaking at the 2026 edition of the Abu Dhabi Sustainability Week, themed ‘The Nexus of Next: All Systems Go,’ Tinubu said the...
Read more

Oil prices hit $65 amid drone attacks on Russian terminal

Global oil prices surged on Tuesday as markets reacted to escalating drone attacks on Russia’s Novorossiysk terminal, which handles about two per cent of global daily oil supply, according to a report by Oilprice.com. Brent crude rose from $63 per barrel on Monday to trade around $65.14 on Tuesday evening, while US West Texas Intermediate...
Read more

World Bank calls for revamp of public works programmes

The World Bank has urged governments to revamp public works programmes, saying short-term jobs are no longer enough to address unemployment and skills gaps. In its report, Innovations in Public Works: Rethinking Public Works for Jobs and Skills in a Changing World, the lender said traditional schemes, which often provide temporary, low-skilled infrastructure work, fail...
Read more
1 157 158 159 160 161 263

Must Read

Popular Posts

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...