News

Dangote Industries Limited (DIL) management has refused to back down over claims that International Oil Companies (IOCs) thwarted its efforts to purchase crude oil feedstock for the Dangote refinery. The operator of the 650,000 barrel-per-day refinery insists the IOC is thwarting its efforts to buy crude because prices are too high. The company was reacting to claims by the Nigerian …

French champions Paris Saint-Germain are continuing talks with Victor Osimhen’s side to sign the Super Eagles striker for £84m. According to transfer market expert Fabrizio Romano, the French club have started talks with Victor Osimhen’s team to sign the Napoli striker this summer. Osimhen is said to be interested in joining PSG and is open to a move if an …

The Federal Government will soon evacuate 250 additional Nigerians from the United Arab Emirates (UAE). The federal government on Tuesday evacuated 190 Nigerians from the Gulf state. The government has also evacuated more than 500 Nigerians from the UAE in October 2022. Chairman of the Nigerians in Diaspora Commission (NiDCOM), Abike Dabiri-Erewa, stated this while visiting the UAE Ambassador to …

Investors in the Nigerian equity market lost N24 billion at the close of trading on Wednesday. This follows the decline in share prices of RT BRISCOE, FTN COCOA, and TANTALIZER, among others, on the trading floor today. After five hours of trading in the capital market, equity capitalization plunged to N56.64 trillion from N56.67 trillion posted by the exchange on …

The Lagos State government, today Wednesday, July 17, debunked a viral fake news story on social media, emphatically stating that the state has not reintroduced monthly environmental sanitization and will not initiate any movement restrictions from July. In a statement released, the State Commissioner for Environment and Water Resources, Tokunbo Wahab, said the viral news is the work of ill-intentioned …

President Bola Tinubu has appointed Mrs Didi Walson-Jack as the new Head of the Civil Service of the Federation. Special Adviser to the President on Media and Publicity, Ajuri Ngelale, disclosed this in a statement on Wednesday in Abuja. He said Walson-Jack was appointed Permanent Secretary in the Federal Civil Service in 2017 and had served in several ministries. The …

]National Chairman of the All Progressives Congress (APC), Abdullahi Ganduje, said on Wednesday that the 2025 governorship election in Anambra State was very important to the party and the Federal Government. Ganduje, who stated this at the inauguration of the Anambra Consultative Council, argued that the state deserved to be in the mainstream of the country’s politics. He said: “I …

Justice Yellin Bogoro of the Federal Supreme Court sitting in Lagos on Tuesday, July 16, dismissed a lawsuit filed by a Lagos-based lawyer, Malcom Omirhobo, challenging the use of Arabic inscriptions on Naira banknotes. According to the judge, “the Central Bank of Nigeria (CBN) is empowered by Section 53 (1) of the Banks and Other Financial Institutions Act (BOFIA) to …

Katsina State Governor Dikko Radda on Wednesday reshuffled his cabinet. The Governor’s Press Secretary, Mr. Ibrahim Kaula-Mohammed, confirmed the development in a statement in Katsina. Those affected are Dr. Bashir Gambo-Saulawa, who was transferred from the Ministry of Health to the Ministry of Water Resources, and Hajiya Hadiza Yar’Adua, from the Ministry of Primary and Secondary Education to the Ministry …

United States President Joe Biden has tested positive for COVID-19. White House spokeswoman Karine Jean-Pierre said in a statement that the president tested positive for COVID-19 during a campaign trip to Las Vegas on Wednesday. This is the third time Biden has tested positive for the coronavirus. He first tested positive for the infectious disease on July 21, 2022, and …