News

NNPC to make a Public Public Offering

Nigerian National Petroleum Company (NNPC) Limited has announced its readiness to the capital market with the initial public offering (IPO) now in the final stage. Financial Relations Officers and Corporate Investor (CFIO), Mr. Olugbenga Oluwaniyi, revealed this at a consultative meeting with partners at NNPC Towers, Abuja, on Thursday. He said the move was in line with the provisions of …

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Bill on Amendment to the Scale of the Second Reading Action in the Senate

Bill that wants to change the Election Law, 2022, increases the second reading in the Senate on Thursday. This bill is trying to overcome the existing gap, reduce the cost of election, and enable the selected office holders to serve as ad hoc delegations in the political party convention. The ratification of the bill followed the main debate presentation on …

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Just Justice in Uromi as 10 kidnappers are burned alive

In a disturbing turning point of events, 10 suspicions kidnappers with several assorted rifles, ranging from Ak47 to the rest were presumably burned alive by an angry crowd in Uromi, in the state of Edo, in the early hours of Thursday 27 March 2025. The accident aroused concerns widespread for the jungle justice in the face of public anger. According …

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IMF urged the Nigerian government to focus on vulnerable populations in an effort to stabilize the economy

International Monetary Funds (IMF) on Thursday urged the Nigerian government to accompany economic stabilization policies with social welfare programs targeted to support the most vulnerable population in the country. IMF Communication Director, Julie Kozack, made a call during a routine press conference at the IMF headquarters in Washington, DC. Kozack acknowledged the challenges faced by many Nigerians and emphasized the …

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The Senate is looking for transparency on the sale of Lafarge cement to Chinese investors – Blueprint Newspapers Limited

Thursday the Senate asked for transparency in the current negotiations for the sale of Lafarge Cement Plc to Chinese investors. He specifically asked the Bureau of Public Enterprises (BPE) to ensure that the “divestment process gives priority to national security and economic sovereignty”. The Senate approved the resolution following a motion moved by Sen. Salisu Afolabi (Ogun-Central), who told his …

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President Ghana urged Ecowas to dialogue with Burkina Faso, Mali and Niger

President Ghana, John Mahama, on Thursday called for a sustainable dialogue between the economic communities of West African countries (Ecowas), Burkina Faso, Mali, and the Republic of Niger. Mahama made this call during an honorary visit to the President of the Tinubu Bola in the State Building in Abuja. The visit was the first leader of Ghana to Nigeria since …

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The senate refused a motion to mention the name of the Inec headquarters after Humphrey Nwosu

Senate on Thursday rejected the motion to mention the name of the Headquarters of the Independent National Election Commission (Inec) after the late former Chairman of the National Election Commission, Prof. Humphrey Nwosu. This follows the consideration of the senate about the motion entitled: “Moti to capture Prof. Humphrey Nwosu,” which was sponsored by the Eyinnaya Abaribe senator during the …

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