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Fuel prices may fall as oil drops on US-Iran talks

Nigerian fuel prices could fall in the coming days as global crude tumbles on hopes of a US-Iran deal to reopen the Strait of Hormuz.

FG cancels $717.7m World Bank loan for power

Nigeria has cancelled $717.7m in undisbursed World Bank loan financing for its power sector, after the 2023 currency float upended the programme's reform targets.

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DSS Arrests Alleged ISWAP Commander Linked to Owo Church Massacre

KEY POINTS DSS operatives arrested a sixth suspect linked to the 2022 Owo church...

Bayelsa Assembly Confirms Peter Akpe as Deputy Governor

KEY POINTS Bayelsa lawmakers confirmed Peter Akpe as deputy governor following the death of...

Police Say N100 Million Credited to IGP’s Son Was Banking Error

Police say N100 million credited to IGP’s son was banking error and confirm the funds were promptly reversed after the mistaken transfer.

President Tinubu Replaces Police Chief Egbetokun With Tunji Disu

KEY POINTS President Tinubu ordered Kayode Egbetokun to resign as Inspector General of...

FG Drops Forgery Case Against Senior Lawyer Mike Ozekhome

KEY POINTS The Federal Government withdrew the forgery charge against Mike Ozekhome during a...

Nigeria, EU Open Talks on Landmark Science and Innovation Partnership

KEY POINTS Nigeria and the EU have begun formal negotiations for a comprehensive science...

El-Rufai Files ₦1bn Suit Against ICPC Over Alleged Illegal Abuja Home Search

KEY POINTS El-Rufai is suing anti-corruption and law-enforcement authorities for ₦1 billion over an...

Fire Disrupts Flights at Lagos Airport Terminal 1

KEY POINTS A fire on the upper floors of Lagos airport’s Terminal 1 disrupted...

AAC Rejects FCT Area Council Poll Results, Alleges Widespread Irregularities

KEY POINTS AAC rejected the FCT Area Council election results, calling the process manipulated...

Atiku Blames Low FCT Poll Turnout on ‘Intimidation and Shrinking Democratic Space’

KEY POINTS Atiku says low turnout in FCT council elections signals intimidation and weakening...

Court Postpones Tukur Mamu’s Case Challenging Terrorist Label

KEY POINTS The Abuja Federal High Court adjourned Tukur Mamu’s lawsuit challenging his terrorist...

FG Defends Oil Revenue Executive Order

KEY POINTS The federal government says Executive Order 9 enforces constitutional rules on revenue...

Latest articles

Fuel prices may fall as oil drops on US-Iran talks

Nigerian fuel prices could fall in the coming days as global crude tumbles on hopes of a US-Iran deal to reopen the Strait of Hormuz.

FG cancels $717.7m World Bank loan for power

Nigeria has cancelled $717.7m in undisbursed World Bank loan financing for its power sector, after the 2023 currency float upended the programme's reform targets.

Capital importation jumps 182 percent to $3.52 Billion

Nigeria's capital importation jumped 182% to $3.52bn in January, driven almost entirely by foreign portfolio investment, while foreign direct investment collapsed by 80 percent.

Insurers to reject claims over NIN linkage default

Nigerian insurers will reject claims from policyholders who failed to link their NIN to their policies before the April 30 deadline, the Insurers Committee has said.