News
Page: 4
The House of Representatives has reaffirmed its commitment to ending the persistent scourge of crude oil theft, which is costing Nigeria an estimated $79.4 million daily. Deputy Speaker Hon. Benjamin Okezie emphasized the need for enhanced legislative oversight, targeted laws, and support for regulatory agencies to address security challenges in the petroleum sector. *Key […]
In a show of national respect and mourning, the Federal Government of Nigeria has declared Tuesday, July 15, 2025, a public holiday to honour the late former President Muhammadu Buhari, who passed away on Saturday, July 12, 2025. The announcement was made late Sunday evening by the Minister of Interior, in a statement that described […]
Muhammadu Buhari stands as one of the most prominent and polarizing figures in Nigeria’s modern history. His public life spans over five decades, marked by a unique distinction: he is the only Nigerian to have ruled the country both as a military Head of State and as a democratically elected President. From his early military […]
French President Emmanuel Macron has called for a significant increase in France’s defense budget to strengthen national security and global influence. The proposed budget hike faces challenges in parliament, where there are ongoing debates about budget disputes and deficit reduction. Macron’s plan aims to modernize France’s military and meet NATO commitments amid rising global tensions. […]
The Federal Inland Revenue Service (FIRS) will hold a two-day conference on July 22-23, 2025, in Abuja, to address tax evasion and illicit financial flows (IFFs). The conference aims to devise solutions for enhancing revenue collection and curbing IFFs, particularly from multinational corporations. The event will bring together policymakers, tax administrators, law enforcement agencies, and […]
Niyi Yusuf, Chairman of the Nigerian Economic Summit Group (NESG), has emphasized the need for responsible and inclusive AI adoption in the banking sector. He highlighted the importance of trust in banking, advocating for explainable, transparent AI systems and local innovation to foster inclusion. According to Yusuf, trust is crucial in banking, and AI systems […]
Nigeria and Egypt have agreed to enhance their diplomatic relationship and establish a comprehensive partnership aimed at addressing shared challenges and fostering development. The agreement was reached during the third round of political consultations between Yusuf Tuggar, Nigeria’s Minister of Foreign Affairs, and Badr Abdelatty, Egyptian Foreign Minister, in Cairo, Egypt. *Key Highlights:* – […]
The Lagos State Safety Commission has sealed Monterosa Construction site following a serious crane incident which occurred at the site involving crane operations at 7:30a.m. In a release signed by Lagos State Safety Commission’s Mrs. Adewunmi Okoh, DD, Public Affairs, preliminary investigation from officials of the Commission who promptly arrived at the site reveals that […]
US President Donald Trump has reignited tensions with the BRICS nations, threatening to impose a 10% tariff on countries aligning with the bloc’s “anti-American” policies. The Trump administration released tariff letters detailing punitive tariff rates for 14 countries, with tariffs ranging from 25% to 40%. The move has sparked concerns over rising tariffs, trade wars, […]
Dangote Refinery and other major fuel distributors in Nigeria have reduced petrol prices following a decline in global crude oil prices. The price drop reflects improved global oil supply stability, benefiting Nigerian consumers. *Price Details:* – *New Prices*: Petrol is now sold at N875 to N890 per litre in Lagos and Ogun States. – […]
