oil
Nigeria’s FAAC Revenue Plummets by N194.6 Billion in February 2025
Nigeria’s Federation Account Allocation Committee (FAAC) reported a significant revenue decline of N194.664 billion in February 2025, with the total distributable revenue falling...
NBA Slams Tinubu’s Removal of Fubara as Unconstitutional, Demands Immediate Restoration
The Nigerian Bar Association (NBA) has renewed its call for President Bola Tinubu to promptly reinstate Governor Siminalayi Fubara to his democratically elected...
Court Dismisses NNPCL’s Objection in Dangote Refinery’s Suit Over Import Licenses
A Federal High Court in Abuja has dismissed an objection raised by the Nigerian National Petroleum Company Limited (NNPCL) challenging the competence of...
Speaker Amaewhule Backs Tinubu’s Emergency Declaration in Rivers State
Mr. Martins Amaewhule, Speaker of the suspended Rivers State House of Assembly, has publicly commended President Bola Ahmed Tinubu for his bold decision...
President Bola Ahmed Tinubu Wielded the Big Stick to Restore Order Yesterday in Beleaguered Rivers State
In a decisive move to halt the escalating chaos in Rivers State, President Bola Ahmed Tinubu wielded the big stick yesterday, declaring a...
Political Realignment in Ukwa West: PDP and APGA Leaders Rally Behind Governor Alex Otti
In an unexpected twist, prominent leaders from the Peoples Democratic Party (PDP) and the All Progressive Grand Alliance (APGA) in Ukwa West Local...
Trump Tightens the Screws on Russia with New Oil, Gas, and Banking Restrictions
President Donald Trump is gearing up to intensify economic pressure on Russia, targeting its oil, gas, and banking sectors with stricter measures. The...
NNPC and Dangote Refinery Kick Off Talks for Naira-for-Crude Renewal
The Nigerian National Petroleum Company Limited (NNPCL) has launched fresh negotiations with the Dangote Petroleum Refinery to renew the naira-for-crude agreement, set to...
Nigeria’s Trade Boom: A Look at Q4 2024 Exports and Imports Across Africa
In the final quarter of 2024, Nigeria solidified its position as a key player in African trade, exporting goods worth N2.042 trillion to...
Nigeria’s Petrol Imports Double in 2024 Despite Local Refining Gains
In a surprising twist, Nigeria’s petrol imports skyrocketed in 2024, doubling to a staggering N15.42 trillion despite significant strides in domestic refining capacity....
