FG to conduct Census in 2025—NPC
The Chairman of the National Population Commission (NPC), Nasir Kwarra, has announced that Nigeria’s long-awaited Population and Housing Census will be conducted in 2025, marking the first census since 2006. Speaking during the 2024 anniversary of the Nairobi Summit on the International Conference on Population and Development in Abuja, Kwarra emphasized the importance of accurate […]
OPEC+ Postpones Meeting on oil Output Plans to December 5
The OPEC+ alliance, which includes 22 major oil-producing nations led by Saudi Arabia and Russia, has postponed its upcoming meeting to December 5, 2025. Originally scheduled for Sunday, the meeting was rescheduled due to several ministers attending the 45th Gulf Summit in Kuwait City, according to an OPEC statement. The meeting will be held online. […]
FG Spends N8.8bn to Repair Vandalized Transmission Towers – TCN
The Federal Government has confirmed spending N8.8 billion in 2024 to repair and restore transmission towers that were vandalized across various regions of Nigeria. This was revealed by Ahmed Abdulaziz, Managing Director of the Transmission Company of Nigeria (TCN), during the Quarterly Power Sector Working Group meeting in Abuja. Abdulaziz, represented by Engr. Olugbenga Ajiboye, […]
Nigeria attracted $1.27bn in BRICS Investments—Shettima
Vice President Kashim Shettima revealed that Nigeria attracted $1.27bn in foreign capital from BRICS countries by June 2024, a significant jump from $438.72m during the same period in 2023. Speaking at the China-Africa Inter-Bank Association Forum in Abuja, Shettima emphasized the growing economic collaborations between Nigeria and the BRICS bloc, which includes Brazil, Russia, India, […]
Finnish Court Schedules Ekpa’s Trial Deadline for May 2025
Finnish authorities have announced that Simon Ekpa, a pro-Biafran agitator arrested for alleged terrorism-related activities, could face charges in May 2025. Ekpa, who claims to be the “Prime Minister” of the Biafra Republic Government-in-Exile, was arrested alongside four others last week on suspicions of incitement to violence and terrorism financing. The Finnish National Bureau of […]
Port Harcourt Refinery: Marketers Warn of Boycott Amid NNPCL’s Petrol Price Uncertainty
Oil marketers have called on the Nigerian National Petroleum Company Limited (NNPCL) to ensure that petrol prices from the newly rehabilitated Port Harcourt Refinery are lower than those of the Dangote Refinery to encourage patronage. This comes amid claims that NNPCL’s petrol price is around ₦1,045 per litre—higher than the Dangote Refinery’s ₦970 per litre […]
House of Reps to Summons CBN, Banks Over unverified POS vendors.
The Nigerian House of Representatives has resolved to summon the Central Bank Governor, Olayemi Cardoso, and CEOs of commercial banks to address the lack of documentation for Point of Sale (POS) users across the country. The resolution followed a motion presented by John Okafor, representing Ehime/Mbano/Uboma/Obowo Federal Constituency, during Wednesday’s plenary. Okafor highlighted growing concerns […]
CBN Raises Interest Rate to 27.50% to Tackle Inflation
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 27.50% from 27.25%, marking the sixth rate hike this year in its ongoing effort to curb rising inflation. The decision was announced by CBN Governor Yemi Cardoso at the conclusion of the Monetary Policy Committee (MPC) meeting held in Abuja. Cardoso […]
Trump Threatens Trade War on China, Canada and Mexico
China and Mexico strongly criticized President-elect Donald Trump on Tuesday following his threats of a trade war targeting the U.S.’s top economic partners. Trump announced plans for steep import tariffs against Canada, Mexico, and China via social media, tying the measures to his demands for a halt to illegal immigration and drug smuggling into the […]
Tinubu will not present 2025 Budget on Wednesday – National Assembly
The National Assembly has dismissed claims circulating on social media that President Bola Tinubu will present the 2025 budget to a joint session on Wednesday. In a statement on Tuesday, Dr. Ali Umoru, Secretary of Research and Information at the National Assembly, labeled the reports as false and urged the public to disregard them. “The […]
