After initial hesitation, the Nigerian National Petroleum Company Limited has increased the pump price of petrol to N925 per litre at its retail stations in Lagos and N950 per litre in Abuja. The new price regime, effective from April 2, 2025, represents an increase of N65 from the previous price of N860 per litre in … [Read more…]
The Honorable Minister of Works, Senator David Umahi has directed the immediate reopening of the Independence Bridge in Lagos to vehicular traffic. PACESETTER reports that according to a statement by Engr. (Mrs.) O. I. Kesha, Federal Controller of Works, Lagos, the Minister’s directive follows the earlier closure of the bridge for planned maintenance and rehabilitation … [Read more…]
The Edo State Governorship Election Petition Tribunal has affirmed the election of Senator Monday Okpebholo as Governor of Edo State. The tribunal, in a unanimous judgment on Wednesday held that the petitioners failed to prove their case of over-voting in 320 polling units across the 18 local government areas of the state where election held. … [Read more…]
In a sweeping move that could redefine global commerce, U.S. President Donald Trump has announced a baseline 10% tariff on all U.S. imports, alongside sharper, country-specific reciprocal tariffs aimed at nations that impose steeper duties on American goods. Exports from Nigeria to the US will attract a 14% tariff compared to the 27% that the US government … [Read more…]
…‘You’re Enugu people’s choice,’ Edeoga tells governor Governor of Enugu State, Dr. Peter Mbah, on Wednesday, welcomed the gubernatorial candidate of the Labour Party, LP, in the 2023 governorship election, Hon. Chijioke Edeoga, back into the Peoples Democratic Party, PDP, fold, commending the ex-opposition flagbearer for demonstrating that politics is not a do-or-die affair. Mbah … [Read more…]
President Bola Ahmed Tinubu will depart for Paris, France, today on a short working visit. During the visit, the President will appraise his administration’s midterm performance and assess key milestones. He will also use the retreat to review the progress of ongoing reforms and engage in strategic planning ahead of his administration’s second anniversary. This … [Read more…]
The Central Bank of Nigeria (CBN) has disclosed that Nigerians took personal loans worth N470 billion from banks in the last quarter of 2024. According to the Fourth Quarter 2024 Economic Report released by the apex bank, consumer credit outstanding increased by 11.06%, rising from N4.25 trillion at the end of September 2024 to N4.72 … [Read more…]
President Bola Ahmed Tinubu has approved a sweeping reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the chairman, Chief Pius Akinyelure and the group chief executive officer, Mallam Mele Kolo Kyari. President Tinubu removed all other board members appointed with Akinyelure and Kyari in November 2023. The new 11-man board has Engineer … [Read more…]
Governor Francis Nwifuru of Ebonyi State has ordered the arrest of six commissioners and contractors allegedly sabotaging government projects in the state. The arrest order followed a report indicting the commissioners for subtly working against the government. The affected commissioners included Prof Omari Omaka (Tertiary Education), Victor Chukwu (Environment), Ifeanyi Ogbuewu (Culture and Tourism), Uchenna … [Read more…]
Senator Natasha Akpoti-Uduaghan received a rousing welcome from supporters in Kogi State on Tuesday, despite a government ban on rallies and processions. Supporters from Kogi Central’s five local government areas gathered early in Ihima, Okehi LGA, to welcome the embattled PDP lawmaker. Amid music and celebration, she arrived dramatically in a white helicopter, sparking cheers. … [Read more…]
Suspended Rivers State Governor, Siminalayi Fubara, has reassured residents that the ongoing political turmoil in the state will ultimately make them stronger. Fubara stated that although he feels depressed with the turn of things in the state, he believes what happened might be for reasons beyond human reasoning. His remarks came during a heartfelt interaction … [Read more…]
Chetanne Chinelo, Enugu The 2023 Enugu State governorship candidate of the Labour Party, Hon. Chijioke Edeoga, has returned to the Peoples Democratic Party. In an event to welcome him which is currently ongoing at the state secretariat of the PDP, Edeoga who was a former two – time Commissioner in the state, led his supporters … [Read more…]