Shell Nigeria Renaissance Africa Energy Company Limited, a local oil and gas consortium, says it has received ministerial consent to acquire Shell Petroleum Development Company. The company announced the development in a statement on Wednesday. The approval was reportedly given by the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri. Efforts to get official

Diaspora Nigerians wired $22 billion home in 2017, Africa’s biggest The Central Bank of Nigeria has revealed that diaspora remittances processed through International Money Transfer Operators reached $4.22bn between January and October 2024. This figure nearly doubles the $2.62bn recorded during the same period in 2023. CBN Governor Olayemi Cardoso shared this information while addressing

TAX By Abdullahi Ismaila Ahmad The tax reform bills recently sent to the National Assembly by President Bola Ahmed Tinubu, GCFR, have generated controversies over the past weeks. Many commentators have expressed their views in support of the bills or against some of their provisions. The Northern Region has expressed vehement objection to the bills.

The Association of Senior Civil Servants of Nigeria, has expressed its frustration with the government’s failure to adequately address workers’ economic challenges, from the implementation of the minimum wage to pension reforms. Speaking at ASCSN’s End of Year Celebration on Wednesday in Lagos, the National President of the Association of Senior Civil Servants of Nigeria

Ondo South Senator, Jimoh Ibrahim, says President Bola Tinubu is set to deploy Artificial Intelligence (AI) in the fight against insecurity in 2025. The lawmaker said Tinubu would make life tougher for the criminals in the coming year as the government would use apps to track down bandits, kidnappers, and terrorists. Senator Ibrahim made the declaration

Senate President Godswill Akpabio has told President Bola Tinubu that there are some Ministers who don’t belong in his government because they are undemocratic. According to Akpabio, such ministers disregard invitations from the National Assembly, and their actions should not be tolerated. The Senate President described such officials as “intransigent ministers” and urged Tinubu to

A former Oyo State Attorney General and Commissioner for Justice, Mutalubi Adebayo, has condemned the intervention of the Governor of Osun State, Ademola Adeleke in the death sentence of a young man, Segun Olowookere, in the state. Naija News reports that Justice Oyejide Falola of an Osun State High Court in Okuku had convicted and

The youth wing of the All Progressives Congress (APC) in Edo State, has called on the Inspector General of Police (IGP), Kayode Egbetokun, to call on Asue Igbodalo, to warn his supporters against disrupting tribunal proceedings. Edo APC alleged that the Peoples Democratic Party’s candidate was planning to use thugs loyal to him to invade

2025 Budget: FG Earmarks N10.04tn for Infrastructure, Health, Education President Bola Tinubu on Wednesday revealed that the administration is earmarking N4.06tn, N2.48tn and N3.5tn for Infrastructure, health and education respectively for the 2025 fiscal year. This is also as defence and security will get N4.91tn. Tinubu said this when he presented the 2025 Appropriation Bill

Kano State Governor, Abba Yusuf, has accused the opposition parties of instigating unrest and political instability in Kano. Naija News reports Yusuf made this known on Wednesday while speaking to journalists after the state executive council meeting. His comments followed a recent violent confrontation between suspected political thugs from opposing factions. The governor revealed that

Ademola Lookman By Aliyu M. Jamil In a momentous celebration for Nigeria and its global citizens, Ademola Lookman, a gifted footballer currently showcasing his talents at Atalanta in Italy’s Serie A, was honored with the distinguished African Footballer of the Year Award for 2024. The accolade, presented to him in Marrakech, Morocco, on December 16

Several African countries including Nigeria have partnered to create a continental credit rating agency to counterbalance Western credit rating agencies’ bias against Africa. This was disclosed on Tuesday at the Launch of the Debt Management Forum for Africa and Inaugural Policy Dialogue on Making Debt Work for Africa: Policies, Practices and Options”, organised by the