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President Bola Ahmed Tinubu After weeks of speculations on who gets what, President Bola Ahmed Tinubu, Wednesday, announced portfolios for the newly appointed ministers after successful screening and confirmation by the Senate. The list was released to State House correspondents by the presidential spokesman, Ajuri Ngelale, following a directive by the president to that effect. Top on the list is …

The Nigerian currency, naira continued its appreciation against the United States dollar on Wednesday as it ended at N850 per dollar at the close of trading. Ripples Nigeria had reported that the Nigerian currency appreciated on Tuesday, ending the day at N915 per dollar 24 hours after the Central Bank of Nigeria announced that it was intervening with some measures …

Niger state Deputy Governor Comrade Yakubu Garba (middle) representing the governor, Commissioner for Environment and Climate Change Yakubu Kolo (right) and Chairman House of Representatives press corps, Grace Ike, during the opening ceremony of 2023 Retreat for House of Representatives press “Role of the Media in Mainstreaming Climate Change Policies” in Minna, Niger state.Photo: Ayuba Raji Governor of Niger state, …

Amid the declining crude production recorded in November 2023, the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has expressed optimism that Nigeria can achieve crude oil production of up to 2 million barrels per day (bpd) and exceed the 2024 target of 1.7 million barrels per day (bpd). Lokpobiri expressed this optimism during a stakeholder interactive session on …

These top 10 stories across the nation’s newspapers might interest you. 1. Tinubu approves release of varsity lecturers’ four months withheld salaries President Bola Tinubu has approved the payment of four out of eight months withheld salaries of members of the Academic Staff Union of Universities (ASUU).Read more 2. Oil alone can’t make Nigeria rich, Sanusi says, proffers solutions to …

Contrary to insinuations from some operators in the refinery business in Nigeria that the continued failure to supply local refineries with crude oil is capable of destroying members’ investment and stifling growth in the sector, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it has delivered 3,614,936 barrels of crude to three local refineries between September 2021 and May 2023. …

The prediction by analysts that following the cut in crude oil production by the Organisation of Petroleum Exporting Countries and others (OPEC+) analysts Brent prices could hit $100 by the end of this year as the new 1 million barrels a day (bpd) production cut Saudi Arabia announced on Sunday would further tighten the oil market is quite cheering for …

The apex Igbo socio-cultural organization, Ohaneze Ndigbo, on Tuesday appealed to President Bola Tinubu to release the detained Leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu. The group’s President-General, Chief Emmanuel Iwuanyanwu, made the call in a statement in Enugu. He said Kanu’s continued incarceration had created an unnecessary excuse for terrorism in the South-East, a region where …

Following the massive gain of N234 recorded by the naira against the dollar on Monday, the Nigerian currency, Tuesday, December 12, 2023, slumped marginally against the American greenback. The Nigerian currency traded at N865.03/$1 at the close of business on Tuesday, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window where forex is officially traded, showed. This represents a …

The Defence Headquarters claimed on Friday troops operating in various theatre commands across the country killed 37 suspected terrorists and arrested 124 others in one week. The Director of Defence Media Operations, Maj.-Gen. Edward Buba, who disclosed this in a statement on Friday in Abuja, said 53 hostages were rescued by troops during the period. Buba added that those apprehended …