President Bola Tinubu has congratulated His Royal Majesty, Oba of Benin, Ewuare II, Omo N’Oba N’Edo, Uku Akpolokpolo, on the 9th anniversary of his ascension to the throne. The President, in a statement by his spokesman, Bayo Onanuga, expressed his participation with the government and people of Edo State, the traditional council, and family members…
THE Federal Government has reversed its decision on English Language and Mathematics, saying they remain compulsory subjects for all students at the O’Level. This is contained in a statement made available to newsmen in Abuja on Sunday by the Director, Press and Public Relations, Federal Ministry of Education, Folasade Boriowo. Boriowo said the clarification was…
Nigeria’s ongoing economic reforms have attracted over $8 billion in new investments into the energy sector, reflecting growing international confidence in the country’s reform-driven growth agenda. Ministry of Finance disclosed this in a statement on Saturday on the happenings at the ongoing IMF/World Bank meetings in Washington DC. According to the statement, Governor of the…
The Federal Government, through the Federal Accounts Allocation Committee, has extended the ongoing probe and reconciliation of payments made by revenue-generating agencies, including the Nigerian National Petroleum Company Limited, to December 2024, following unresolved discrepancies in remittances. This comes as the company has submitted its response on an alleged revenue under remittance of $42.37bn, an…
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, has projected an increase of approximately 600,000 barrels per day in Nigeria’s crude oil production, driven by a surge in new investments in the upstream sector. It stated that the additional output would come from the 28 Field Development Plans approved so far in 2025,…
October 17, 2025085 The EVP NNPCL, and Chevron leadership team members in a group photograph at Escravos Chevron Nigeria Limited (CNL), on Tuesday October 14, 2025, welcomed the Executive Vice President (EVP) Upstream, of the Nigerian National Petroleum Company Limited, Udobong Ntia to its Escravos operations base for an official visit that underscored the strategic…
Dangote Refinery’s retail price of Premium Motor Spirit, PMS, known as petrol, has risen to N950 per litre at MRS filling stations in Abuja. This increase comes despite the refinery’s 650,000-barrel-per-day capacity, the nationwide Compressed Natural Gas, CNG truck distribution scheme, and the Naira for Crude initiative between the oil firm and the Nigerian government….
The federal government, in 2024, called for increased investments and trading partnerships from member countries of the G-24. Come November 1, 2025, Nigeria will officially take over chairmanship of the Intergovernmental Group of Twenty-Four (G-24) from Argentina. This was disclosed in a post by the Central Bank of Nigeria on its official X handle on…
Federal workers under the platform of the Federal Workers Forum, FWF, have appealed to the federal government under the leadership of President Bola Ahmed Tinubu to pay their three-month wage award. FWF made this appeal in a statement signed by its National Coordinator, Comrade Andrew Emelieze. Emelieze in the statement said that the refusal of…
President Bola Ahmed Tinubu has announced plans to scale up investment in Nigeria’s solid minerals sector with a commitment of ₦1 trillion, aimed at transforming the sector into a key driver of economic diversification and national prosperity. The President made the announcement on Tuesday while declaring open the 10th edition of the Nigeria Mining Week…
