Imports of Premium Motor Spirit (petrol) have plunged from 44.6 million litres a day in August 2024 to 14.7 ML by 13 April 2025—a fall of roughly 30 ML, or 67 per cent, according to the latest Nigerian Midstream and Downstream…
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Fitch: Nigeria’s external debt servicing may hit $5.2bn
Nigeria’s external debt service is projected to rise to $5.2bn this year, highlighting growing pressure on public finances despite ongoing economic reforms, Fitch Ratings has said. The credit rating agency disclosed…
BREAKING: NiMet predicts 3-day thunderstorms, sunshine
The Nigerian Meteorological Agency (NiMet) has predicted thunderstorms and sunshine across the country from Monday to Wednesday in a weather outlook released on Sunday in Abuja. In the outlook, NiMet predicted…
Raif Adeniji: APC shuts down national secretariat
The All Progressives Congress (APC) has announced the death of Raif Adeniji, the party’s director of administration at its national secretariat, Abuja. Felix Morka, APC national publicity secretary, said in a…
Nigeria posts $6.83bn Balance of Payments surplus in 2024 — CBN reports
The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year, marking a decisive turnaround from deficits of $3.34 billion in…
Fuel Prices Set to Drop as FG Reinstates Naira-for-Crude Policy
Oil marketers have stated that Nigerians will soon heave a sigh of relief as the pump price of Premium Motor Spirit, popularly called petrol, will drastically reduce due to the continuation of…
How funds from Kogi LGs were transferred to private account — Banker reveals
A Zenith Bank Plc’s staff member, Femi Remigus has tendered exhibits on how millions of naira were deposited into Komfort Koncept Company’s bank account linked to Ali Bello, the Chief of Staff…
We’ll deal with Ajaero and his gangsters – LP
The Julius Abure led of Labour Party has vowed to resist alleged plan by the Nigeria Labour Congress, NLC President, Comrade Joe Ajaero to lead attacks on the offices of the party…
Nigerian convicted of double murderer wins human rights case in UK — Report
A Nigerian, Obina Christopher Ezeoke, who was jailed for life for the brutal killings of a mother and her sleeping nephew in north London, has successfully argued that his human rights were…
BREAKING: Sweden to open first trade office in Nigeria
Lagos State Governor Babajide Sanwo-Olu has expressed the state’s readiness to deepen bilateral ties with Sweden, particularly in the areas of information technology, cybersecurity, and infrastructure, to enhance development and improve residents’…