African billionaire Dangote becomes world’s 85th richest in Forbes 2025 ranking

Aliko Dangote’s net worth has surged to $23.9 billion, making him the 85th-wealthiest person in the world. The recent operational commencement of the Dangote Petroleum Refinery in Lagos led to this significant leap in wealth. Dangote holds a 92.3% stake in the refinery, which has propelled him back into the top 100 richest individuals globally … [Read more…]

NNPC says it didn’t import 200m litres of PMS in February 2025

The Nigerian National Petroleum Company (NNPC) Limited has categorically denied recent claims that it imported over 200 million litres of Premium Motor Spirit (PMS) in February 2025. The company described the allegation as “completely false, baseless, and a reckless misrepresentation of facts.” In a statement signed by its spokesperson, Olufemi Soneye, NNPC Limited attributed the … [Read more…]

Enugu Gov appoints Nana Ogbodo, Peter Nnaji, others, to LG Service Commission Board

Gov Mbah Signs into Law Bill to Create One-stop Shop for Taxation in Enugu

The Governor of Enugu State, Dr. Peter Ndubuisi Mbah has made fresh appointments to the Local Government Service Commission Board. The appointments were contained in a letter addressed to the Enugu State House of Assembly, requesting confirmation of the appointees. According to the letter, Chief Nana Ogbodo is the Chairman of the Board. Others include … [Read more…]

Nigeria’s Inflation Rate Drops To 24.48%

Nigeria’s headline inflation has dropped to 24.48 per cent year on year in January 2025. This is a sharp decline from the 34.80 per cent headline inflation recorded in December 2024. This is according to the National Bureau of Statistics (NBS). The Statistician-General of the Federation Adeyemi Adeniran announced this on Tuesday. He said the … [Read more…]

Anambra Govt says it didn’t authorize arrest of women without pants, bras

The Anambra State Government has dismissed rumors claiming that it authorized the arrest of women not wearing bras and pants. In a public notice, Mazi Ejimofor Opara, the Senior Special Assistant on New Media to Governor Chukwuma Soludo, debunked the trending announcement made by a town crier in Abagana, Njikoka Local Government Area, stating that … [Read more…]

After Adebanjo, Niger Delta Leader Edwin Clark dies at 97

Edwin Kiagbodo Clark, a prominent figure in Nigerian politics and advocate for the Niger Delta, has died at the age of 97. Clark’s passing was confirmed in a statement issued by a family representative, Prof. C. C. Clark, on Tuesday. “The Clark-Fuludu Bekederemo family of Kiagbodo Town, Delta State, wishes to announce the passing of Chief … [Read more…]

Speakership Tussle: Lagos Assembly Passes Vote of Confidence in Speaker Meranda

Lawmakers in the Lagos State House of Assembly on Monday declared their support for Speaker Mojisola Meranda by passing a vote of confidence in her leadership. The decision came during a tense plenary session, which Meranda presided over under heavy security. The assembly complex in Alausa, Ikeja, was thrown into confusion earlier in the day … [Read more…]

AU names Nigeria AfCFTA Digital Trade Champion

The African Union (AU) has officially designated Nigeria as the Digital Trade Champion under the African Continental Free Trade Area (AfCFTA) Digital Trade Protocol, citing the country’s leadership in digital enterprise and innovation. The endorsement came at the 38th Ordinary Session of the Assembly of Heads of State and Government, which concluded on Sunday in … [Read more…]