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Ken Ife slams World Bank fuel import prescription

Energy economist Prof. Ken Ife on Monday rejected World Bank fuel importation recommendations in its latest Nigeria Development Update, warning they violate the Petroleum Industry Act and undermine Nigeria's push for energy self-reliance.

NAMA rejects NATCA claims on Nigerian airspace safety

The Nigerian Airspace Management Agency on Tuesday rejected claims from air traffic controllers that Nigerian airspace safety had deteriorated to dangerous levels, insisting that its communications, navigation and surveillance infrastructure remains operationally sound.

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Niger Governor Bago Receives Last Group of Rescued St Mary’s students

KEY POINTS • Niger governor receives remaining rescued students and staff in Minna• Federal Government...

US Surveillance Flights Over Nigeria Signal Deeper Security Cooperation

US intelligence aircraft have flown repeatedly over Nigeria since November, reflecting deeper security ties amid violence and diplomatic tension.

Trump Recalls US Ambassador To Nigeria Amid Major Diplomatic Shake-Up

Trump recalls the US ambassador to Nigeria and several other diplomats, signaling a major diplomatic reshuffle across multiple regions.

ADC: Tinubu’s 2026 Budget Risks Nigeria’s Financial Future

ADC criticizes Tinubu’s 2026 budget, warning that heavy borrowing and optimistic revenue forecasts could deepen Nigeria’s debt crisis.

BUA Founder Shares Rare Holiday Glimpse After Staff Bonus

Days after approving a landmark employee cash reward, Abdul Samad Rabiu shared a rare personal moment as BUA posts record profits and expands operations.

US Envoy Says Visa Curbs Tied to Security Talks

The US envoy says visa rules reflect security cooperation talks, stressing diplomacy and shared responsibility between Nigeria and the United States.

Dangote NMDPRA Dispute Sparks Call for Strong Institutions

Nigeria’s oil workers union urges stronger institutions as tensions between Dangote Group and the petroleum regulator raise governance concerns.

Naira Weakens After Central Bank Sells Dollars

Naira depreciation continued despite central bank dollar sales, highlighting persistent demand pressure and cautious sentiment across Nigeria’s foreign exchange market.

Nigerian Presidency Quells Uproar Over New Tax Legislation

KEY POINTS The Nigerian presidency has intervened to clarify alleged discrepancies between passed and...

Dangote Slashes Fuel Price, Demands Nationwide Compliance at MRS Stations

KEY POINTS Dangote Refinery has set a new petrol price of ₦739 per litre...

Hardship Casts Shadow Over Christmas for Onitsha’s Poor

Christmas brings little relief in Onitsha as economic hardship forces poor residents to depend on charity for food and cash.

Unprecedented Takeover: Dynamics and Implications of APC’s Dominance of the National Assembly

Defections and court rulings give the APC a two-thirds majority in the National Assembly, reshaping power and oversight in Nigeria.

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Ken Ife slams World Bank fuel import prescription

Energy economist Prof. Ken Ife on Monday rejected World Bank fuel importation recommendations in its latest Nigeria Development Update, warning they violate the Petroleum Industry Act and undermine Nigeria's push for energy self-reliance.

NAMA rejects NATCA claims on Nigerian airspace safety

The Nigerian Airspace Management Agency on Tuesday rejected claims from air traffic controllers that Nigerian airspace safety had deteriorated to dangerous levels, insisting that its communications, navigation and surveillance infrastructure remains operationally sound.

Obi signals possible ADC exit over compromised process

Peter Obi on Monday signaled he could leave the African Democratic Congress if its internal processes fall short, telling Arise Television's Prime Time that integrity in political structures is non-negotiable for him.

Dangote lines up advisers for pan-African refinery IPO

Aliko Dangote has appointed three financial advisers to lead a pan-African initial public offering of Dangote Petroleum Refinery and Petrochemicals Fze, targeting listings across multiple African exchanges in what analysts project will become the largest equity offering in African stock exchange history.