Fuel pump prices in Lagos and Abuja have been increased to N925 per litre and N950 per litre respectively by the Nigerian National Petroleum Company Limited (NNPCL). According to the company, the new price regime – a N65 increase from the N860 per litre being sold in Lagos and N70 increase from the N880 previously … Read more
Super Eagles star Victor Osimhen has vowed to keep up his impressive performances for Galatasaray after his match-winning showing against Fenerbache. Osimhen scored a brace to lead Galatasaray to a 2-1 win over Fenerbahce, which secured their place in the semi-final of the Turkish Cup. He opened the scoring in the ninth minute with an … Read more
Cadbury Nigeria Plc has released its audited financial results for the year ending December 31, 2024, achieving a full-year revenue of N129.1 billion, up from N80.3 billion in the prior year, marking a year-over-year growth of 60.7%. The growth in revenue was primarily driven by sales of refreshments and beverages, with domestic sales accounting for … Read more
BUA Foods has announced a final dividend of N13.00 per ordinary share of 50 Kobo each, payable to shareholders listed in the Register of Members as of the close of business on 21st August 2025. The final dividend pertains to the financial period ending 31st December 2024 and will be subjected to appropriate withholding tax … Read more
The Central Bank of Nigeria (CBN) has disowned a circular claiming it has introduced two new denominations—N5,000 and N10,000 notes. The apex bank described the circular as “fake” in a statement via its official handle on X (formerly Twitter). The alleged circular said the new notes were set for circulation from May 1. The viral … Read more
FCT, Abuja – President Bola Tinubu’s recently removed Mele Kyari as the head of the Nigerian National Petroleum Company Limited (NNPCL), along with other board members. This move has, however, drawn many reactions from Nigerians and source noted that the move was driven by concerns over their performance and an urgent need to improve crude … Read more
President Bola Ahmed Tinubu, on Wednesday, approved the dismissal of Mele Kyari as Group Chief Executive Officer (CEO) of the Nigerian National Petroleum Company Limited (NNPCL) following mounting concerns over various aspects of the company’s operations. Naija News had earlier reported that the dissolution of the entire NNPCL board accompanied this decision. In a statement … Read more
Bayelsa State Governor, Senator Douye Diri, has reaffirmed his administration’s commitment to maintaining peace and security, stressing that political rallies will not be allowed to disrupt the state’s stability. Speaking at the 158th State Executive Council meeting in Yenagoa on Wednesday, Diri stated that while his government respects constitutional rights, it would be unwise to … Read more
The governorship candidate of the Peoples Democratic Party (PDP) in the September 21, 2024, Edo State election, Asue Ighodalo, has vowed to challenge the recent ruling of the Edo State Governorship Election Petition Tribunal, which upheld the election of Governor Monday Okpebholo of the All Progressives Congress (APC). Ighodalo, expressing dissatisfaction with the tribunal’s decision, … Read more
Global financial markets were rocked on Wednesday by Donald Trump’s announcement of sweeping tariffs, targeting China and the European Union in particular, with the risk of undermining the international economy. The US president laid out the new measures after Wall Street stock markets had closed. But his announcement still rippled through the markets that were … Read more
Steep US tariffs on imported automobiles kicked in Thursday, fanning trade tensions with key partners amid mounting fears of consumer price hikes. The 25 percent tariffs take effect at 12:01 am (0401 GMT) on foreign-made cars and light trucks, with automobile parts to be hit no later than May 3, according to a Federal Register … Read more
US President Donald Trump intensified a global trade war Wednesday as he slapped sweeping tariffs on imports from allies and foes alike, sending markets into a tailspin and upending decades-long free trade norms. The EU and China vowed retaliation against the levies, with Australia’s leader saying the new tariffs were “not the act of a … Read more
Bayelsa State Governor, Senator Douye Diri, has reiterated his commitment to peace and security, saying they cannot be compromised for political rallies. Diri also said his administration would always abide by the constitution of the country in respecting the fundamental rights of individuals. A statement by his Chief Press Secretary, Mr Daniel Alabrah, said the … Read more
Plateau State Governor, Caleb Mutfwang, has said Nigeria made a great mistake to have allowed Boko Haram terrorists and other non-state actors in some parts of the country to acquire almost overwhelming capabilities. Naija News reports that terrorists have been operating in different parts of the country for more than a decade, particularly the northeast … Read more
The highest body of journalists in Nigeria’s energy sector, the Association of Energy Correspondents of Nigeria (NAEC), has officially congratulated Engineer Bayo Ojulari on his appointment as the new Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC Ltd). President Bola Ahmed Tinubu, on Wednesday, April 2, announced the appointment of Ojulari … Read more
The Lagos State Ministry of Tourism, Arts, and Culture has announced a target of generating N5 billion in sales at the 2025 Lagos Tourism Fair. According to Special Adviser to Governor Babajide Sanwo-Olu on Tourism, Arts, and Culture, Idris Aregbe, the initiative aligns with the state’s broader strategy to promote entrepreneurship and job creation. Organised … Read more
On Wednesday, US President Donald Trump announced sweeping new tariffs on imports from countries right across the globe to the United States. Here are international reactions so far from the world’s major economies: – China – Beijing said it “firmly opposes” the new tariffs on its exports, and vowed “countermeasures to safeguard its own rights … Read more
The senator for Kogi Central, Natasha Akpoti-Uduaghan, has maintained that President of the Senate, Godswill Akpabio, and former governor of Kogi State, Yahaya Bello, initiated her recall process using fake constituents. In a statement on Wednesday, Akpoti-Uduaghan said all available evidence and facts pointed directly to Bello as the mastermind behind the recall move. She … Read more
A former governorship candidate of the Social Democratic Party (SDP) in Ondo State, Oye Fasua, has warned suspended Governor Siminalayi Fubara of Rivers State against taking legal action against President Bola Tinubu. Fasua described such a move as “counterproductive”, cautioning that it could worsen Fubara’s political fate rather than secure any form of justice or … Read more
Super Eagles of Nigeria striker, Victor Osimhen has once again expressed his unwavering commitment to Galatasaray, emphasizing his desire to give his all for the club. In a thrilling quarter-final match of the Turkish Cup on Wednesday night, April 2, Victor Osimhen scored both goals in a hard-fought 2-1 victory over fierce rivals Fenerbahce, led … Read more