Operators of modular refineries are facing a major setback as they encounter resistance from the Nigerian National Petroleum Company (NNPC) in a bid to secure alternative crude oil supplies. Nigeria’s position as Africa’s biggest oil producer should logically confer the benefits of ample supply to its local refiners. However, the reality is starkly different. Leaked

The plan by the Central Bank of Nigeria (CBN) to reintroduce the retail Dutch auction on Wednesday is seen as capable of supporting the naira stability and stemming devaluation. The apex bank plans to sell dollars in a retail auction this week. The action is aimed at easing the mounting pressure on the local currency

Depositors lodged N21 trillion into Nigerian banks in the first three months (Q1) of 2024, according to the Central Bank of Nigeria (CBN). In 15 months to March 2024, total deposits stood at N136 trillion, driven by an increase in public confidence and trust. However, total deposits in 2023 was N115 trillion. Audited reports and

The Jos End Bad Governance Protest 2024 coalition has announced the suspension of their protest for two days, effective immediately, to allow for dialogue with relevant authorities. This decision came after the President’s speech on Sunday which expressed willingness to engage in discussions. Enoch Vilret, spokesperson for the coalition, who stated this at a press

Femi Falana, human rights lawyer, says the nationwide broadcast delivered by President Bola Tinubu on Sunday morning is yet to address the demands of the protesters. In a statement issued on Sunday, the Senior Advocate of Nigeria (SAN) said a positive response to the key demands of the protesters who are largely youth, may make

On day two of the hardship protest in several Nigerian states, President Bola Tinubu said his administration was currently “undertaking bold economic policies to propel Nigeria’s economy out of the downturns occasioned by multiple shocks in the global economy”. Tinubu spoke on Friday, August 2, when he declared the 2024 African Caucus meeting open.....CONTINUE READING

Amid the spat with Nigeria’s petroleum regulators, a new report has linked 10 countries as top destinations for petroleum products from the Dangote Refinery. The US, Spain, France, South Korea, Angola, Togo, Guinea, Belgium, Israel, and Singapore have been named as the 10 importers of petroleum products from the 650,000 bpd-capacity refinery.....CONTINUE READING THE ARTICLE

Former Emir of Kano, Muhammadu Sanusi, said it would be unfair for him to criticise President Bola Tinubu over the country’s economic hardship. Sanusi, a former Governor of the Central Bank of Nigeria (CBN), speaking during a virtual religious event on Sunday, said Nigerians who expected him to speak about the economic hardship deliberately wanted

The Ohanaeze Ndigbo Youth Council Worldwide has condemned the reported eviction threat against Ndigbo in Lagos and other South-West states.....CONTINUE READING THE ARTICLE FROM THE SOURCE Recall that some faceless people, under the hashtag #IgboMustGo on X, are demanding the forced eviction of Igbo people from Lagos and other South-west states. They claimed Ndigbo are

Update From EndBadGovernance Protest in Benin City CONTINUE FULL READING HERE ....CONTINUE READING THE ARTICLE FROM THE SOURCE Despite Challenges faced by Protesters all over Nigeria , Protest is still going on in Benin City. with the Youth fervently demanding that the Government take action on the Hunger crisis in Nigeria. The Protest in Benin

Once upon a time in a bustling kitchen, there lived an innovative gadget named the Binatone Air Fryer. Unlike traditional kitchen appliances, this air fryer had a unique mission: to bring health and convenience into every home. In a cozy apartment in the busy city of Lagos State lived a woman named Grace, she has

President Bola Tinubu has appointed Dunoma Ahmed as the new permanent secretary of the federal ministry of foreign affairs. The ministry announced this on Thursday, stating that Ahmed took over the role on July 23, replacing Ibrahim Lamuwa, who faces allegations of sexual harassment from female colleagues. The ministry’s statement highlighted Ahmed’s qualifications, noting, “Born