Business

.…Challenge NMDPRA Approval of Import Permits to Marketers, NNPCL Dangote Oil Refinery has launched a fresh legal action against the Federal Government at the Federal High Court in Lagos, seeking to invalidate new petrol import licenses granted to oil traders and the Nigerian National Petroleum Company Limited. In the lawsuit, the refiner asks the court to cancel import permits issued …

The All Progressives Congress (APC) has disqualified four loyalists of Rivers State Governor, Siminalayi Fubara, from contesting the House of Representatives primaries scheduled for Saturday, May 16, 2026. The decision was contained in the final list of candidates released by the party and made available to journalists on Friday in Port Harcourt. Among those disqualified are two serving members of …

The Ooni of Ife, Oba Adeyeye Ogunwusi, and his queen, Queen Mariam, have joyfully welcomed the twin princes into the royal house of Oduduwa, palace officials confirmed on Friday. According to Moses Olafare, Director of Media and Public Affairs at Ooni’s Palace, both the mother and babies are in good health after the successful delivery. The arrival of the twins …

Investors in the Nigerian equity market lost N1.2 trillion at the close of trading on Friday. This follows the fall in the prices of shares such as Zichis, FTN Cocoa, and TIP on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 250,330.92 points from 252,243.11 points the previous day. After five hours of trading on the capital …

Post views: 21 By Silvernews The Imo State Football Association has invited football clubs across the state to register for this year’s State League competition as preparations for the new football season intensify. All interested clubs are expected to complete registration at the FA Secretariat, with organizers anticipating nearly 100 teams for the grassroots …

The British government has said it has no preferred candidate in Nigeria’s 2027 general election, reiterating its commitment to neutrality and support for a credible democratic process. The British Deputy High Commissioner to Nigeria, Gill Lever, made this known during a courtesy visit to the Kwara State Governor and Chairman of the Nigeria Governors Forum, AbdulRahman AbdulRazaq, at Government House, …

Nigeria’s headline inflation rate rose slightly to 15.69 percent in April 2026, from 15.38 percent recorded in March 2026, according to the latest Consumer Price Index report released by the National Bureau of Statistics (NBS$. But the bureau said the latest figures showed a sharp decline when compared with the 26.82 percent recorded in April 2025. The report follows the …

By Ayo Kehinde The Nigeria Police Force has stepped up its crackdown on cyber crime and transnational financial fraud with the extradition of a Nigerian cyber fraud suspect, Samuel Ugberease, to the United States of America on charges bordering on online romance scams, wire fraud and money laundering of over $1.5 million. The Force Public Relations Officer, DCP Anthony Placid, …

The Ekiti State Police Command has officially dismissed Sergeant Osayingbemi Temitope following his involvement in an incident associated with illicit drug use. The sacking was confirmed by the state police spokesperson, SP Sunday Abutu, in a statement released on Friday. The officer was captured in a viral video on May 9 in Ikole-Ekiti, displaying erratic behavior allegedly due to consumption …

Dangote Group President and Africa’s richest man, Aliko Dangote, has revealed that powerful interests in Nigeria’s oil sector are allegedly fighting aggressively to stop the construction of the $20 billion Dangote Oil Refinery, fearing the project will disrupt the country’s long-standing fuel import business. Dangote said the refinery had faced resistance for years from incumbents in the oil industry who …