News
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A recent report by the National Bureau of Statistics (NBS) has revealed a staggering 105% increase in petrol imports in 2023, with the total value of imports reaching N15.04 trillion. This significant surge in petrol imports has raised concerns about Nigeria’s dependence on foreign fuel sources and the impact on the economy. The NBS […]
Recently, the CEO of Roseate Forte Limited and Group CEO of Jordan 105.5FM, and Jordan 93.9FM, Abuja, Dr. Lanre Johnson in the company of his team members, visited the Minister of Innovation, Science and Technology, Chief Uche Nnaji in his office at Abuja. The visit is part of a collaboration being sought by Roseate Forte […]
Following the Federal government’s directive on the need to move away from PMS to CNG, Lagos State Government through Safety Commission has organized three-day training for Vehicle Inspection/Safety Commission Officers. Speaking at the opening of the training programme at Dover Hotel, Aromire, Ikeja, the Director General, Safety Commission, Mr. Lanre Mojola, stated that the […]
For the second time in February 2025, Dangote Petroleum Refinery has reduced the ex-depot price of premium motor spirit (PMS), or petrol, bringing it down from N890 to N825 per litre. This N65 per litre decrease follows an earlier reduction of N60 per litre on February 1, 2025. The new price adjustment comes as a […]
The Academic Staff Union of Universities (ASUU) has called on the National Assembly to protect the Tertiary Education Trust Fund (TETFund) from being eliminated under the proposed Nigeria Tax Bill 2024. The union has raised significant concerns that the planned removal of education tax, which supports TETFund, could have detrimental effects on the country’s public […]
Former President Goodluck Jonathan has expressed concerns over the accuracy of vote counting in Nigeria’s elections. According to Jonathan, the Independent National Electoral Commission’s (INEC) vote counting process is flawed, and electronic collation of results is not recognized by law. This statement comes after INEC clarified that electronic collation of results is illegal in Nigeria. […]
Microsoft has announced a significant investment of $1 million in Nigeria, aimed at equipping one million Nigerians with crucial artificial intelligence (AI) skills. This initiative underscores Microsoft’s commitment to fostering technological advancement in Africa and preparing its workforce for the demands of the rapidly evolving digital landscape. The program seeks to empower individuals with […]
The Lagos State Safety Commission has reiterated its commitment to ensuring the safety and well-being of students in Lagos State Model Colleges. The Director-General Safety Commission, Mr. Lanre Mojola, who was represented by the Technical Adviser, Mr. Seun Awojobi, at the training program tagged: Safety sensitization for house managers, food vendors and stakeholders in Lagos […]
The National Assembly has passed the 2025 budget, totaling ₦54.9 trillion, after weeks of deliberation and scrutiny. This development marks a significant milestone in the country’s fiscal policy, as the approved budget aims to consolidate the key policies instituted to restructure the economy. The approved budget is significantly higher than the proposed ₦47 trillion budget […]
The Nigeria Labour Congress (NLC) has demanded an immediate reversal of the recent telecom tariff hike, threatening to shut down the economy if the increase is not reversed. The NLC, in a statement signed by its President, Joe Ajaero, described the tariff hike as “insensitive” and “anti-people.” The congress argued that the increase would […]
