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Conoil Profit Slumps 77 Percent as Finance Costs Surge

Conoil profit slump sees 77 percent drop in earnings as higher borrowing costs and weaker fuel sales squeeze margins in Nigeria’s retail fuel market.

Otedola Applauds Dangote Refinery at Full Capacity

Femi Otedola hails Dangote Refinery full capacity milestone, saying 650,000 bpd output could transform Nigeria’s fuel supply and forex stability.

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FG Set to Release $262 Million Gas Infrastructure Fund Within Two Weeks

The Federal Government is set to release N400bn in gas infrastructure funding, aiming to boost local projects and cleaner energy solutions.

SDP Not a Refuge for Disgruntled Politicians, Adebayo Says

SDP leader Adebayo rejects claims that the party is a refuge for disgruntled politicians, focusing on change for youth and women.

Bauchi Accountant General Arrested in N70 Billion Fraud Scandal

KEY POINTS The EFCC has arrested Bauchi State Accountant General Sirajo Jaja and two...

Lagos to Close PWD Rail Crossing Starting May 1

Lagos State begins a closure of the PWD rail crossing on May 1 to protect passengers through safety measures and provides alternative travel directions.

Dangote Refinery Halts Naira Sales, Petrol Price Hike Predicted

Dangote Refinery halts Naira sales due to crude purchase issues, prompting fears of rising petrol prices across Nigeria.

Reps Call on INEC to Restore Suppressed Constituencies in Kogi, Delta

Nigerian lawmakers call on INEC to restore constituencies in Kogi and Delta for better representation, following concerns over electoral fairness.

The Nuances of Building Digital Experiences for Africa’s Next Billion Users: A Conversation with Adeniyi Fagbemi

KEY POINTS With 60% of Africans lacking internet access and low digital literacy, products...

Customs Seize ₦72.6m Worth of Petrol Heading to Cameroon

Customs seized ₦72.6m worth of petrol destined for Cameroon, reinforcing efforts to fight smuggling along Nigeria's borders.

Ibas Ekwe: All You Need to Know About Rivers’ New State Administrator

KEY POINTS Vice Admiral Ibok-Ete Ibas, a retired Chief of Naval Staff, has been...

Lawyers blast Tinubu’s suspension of Rivers governor, lawmakers

KEY POINTS President Tinubu suspends Rivers state leaders amid political unrest. Legal experts argue...

Wike Revokes Abuja Land Titles of PDP, CBN, INEC

Wike revoked 4,794 Abuja land titles over unpaid ground rent, affecting major institutions like CBN, INEC, PDP, and NNPC. Affected owners owe N6.9 billion.

Tinubu Declares Emergency in Rivers, Suspends Governor, Lawmakers

Tinubu suspended Rivers Governor Fubara and lawmakers, citing escalating violence. He appointed Vice Admiral Ibas as administrator under emergency rule.

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Conoil Profit Slumps 77 Percent as Finance Costs Surge

Conoil profit slump sees 77 percent drop in earnings as higher borrowing costs and weaker fuel sales squeeze margins in Nigeria’s retail fuel market.

Otedola Applauds Dangote Refinery at Full Capacity

Femi Otedola hails Dangote Refinery full capacity milestone, saying 650,000 bpd output could transform Nigeria’s fuel supply and forex stability.

INEC Seeks N873.8 Billion for 2027 Elections

INEC proposes N873.8 billion for the 2027 elections, separating the poll budget from its 2026 spending plan and seeking flexible funding.

FG Lists 15 Million Households for Cash Support

Nigeria says 15 million households are in its Benefit Register for conditional cash transfers, distinct from the broader National Social Register.