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…]

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…]

8 die in Imo in Sunday auto crash

Eight persons have died in an accident on Sunday, February 16, at Amala, Ngor-Okpala Local Government Area in Imo State. The tragic incident involved a Toyota Camry with registration number EPE 541 JO and a Hyundai Santa FE, AAA 212 CD with all eight occupants of both vehicles sadly losing their lives in the crash. … [Read more…]

Enugu Security Trust Fund Rakes in N3bn in Fundraising

The bid to consolidate the improved security of lives and property in Enugu has gathered momentum with well-meaning individuals and corporate bodies rallying over N3bn in donations to the Enugu State Security Trust Fund (ESSTF). The donations were made both physically and online during the fundraising dinner organised by the Fund at the Old Government … [Read more…]

Court Dismisses Request for Appointment of Interim Administrators over Herbert Wigwe’s Estate

Gov Mbah Mourns Wigwe, Says Nigeria Lost a Corporate Titan

Justice A.O. Adeyemi of the Lagos State High Court Family/Probate Court in Ikeja, has dismissed the application filed by Christian Wigwe and Pastor Shyngle Wigwe, seeking the appointment of interim administrators in the estate of the late former Group Managing Director and CEO of Access Bank, Herbert Wigwe. In a ruling delivered on February 6, … [Read more…]

NAFDAC busts depot for expired, fake drugs in Nigerian community

The National Agency for Food and Drug Administration and Control (NAFDAC) says its operatives have uncovered a massive depot for large-scale dealings in expired and falsified drugs in Abia State, Nigeria’s South-east. NAFDAC, in a statement posted on its Facebook page on Friday, said the fake and expired drugs were discovered inside multiple buildings in Umumeje, a … [Read more…]