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News
Innovation Beyond Urban Centres — Oluremi Tinubu’s Dialysis Initiative in Hadejia, by Shuaib S. Agaka
13+ hour, 39+ min ago (1118+ words) Innovation Beyond Urban Centres — Oluremi Tinubu’s Dialysis Initiative in Hadejia By Shuaib S. Agaka FutureMap Foundation, a mission-driven organisation known for promoting technology, innovation, youth empowerment and digital inclusion, chose to invest in a dialysis centre not in Lagos, Abuja,…...
Transport Fares Increase as Petrol Price Hits N1,400 Per Litre
2+ day, 16+ min ago (1672+ words) Transport fares have risen again in parts of the country as petrol price climbed to as high as N1,400 per litre. The latest increase followed a surge in global crude oil prices, with Brent crude rising above $100 per barrel amid renewed…...
Dangote Resumes Petrol Sales in Naira, Increases Price by N140
3+ day, 9+ min ago (770+ words) The Dangote Petroleum Refinery has resumed the sale of Premium Motor Spirit, popularly called petrol, in naira, ending its brief dollar-denominated pricing regime, while increasing its ex-depot price by N140 per litre. The latest development comes one week after the 650,000-barrels-per-day…...
External Reserves Rise by 58% on Inflows and FX Reforms Under Cardoso
3+ day, 10+ min ago (467+ words) Nigeria’s external reserves have risen by 58 per cent since Olayemi Cardoso assumed office as Governor of the Central Bank of Nigeria in September 2023, driven by stronger export earnings, increased portfolio investments, FX market reforms, lower fuel import bills and improving…...
Senate Grills CBN, NNPCL, 40 MDAs Over Public Funds
3+ day, 4+ min ago (590+ words) The Senate on Wednesday resolved to summon the Central Bank of Nigeria, the Nigerian National Petroleum Company Limited and about 40 other Ministries, Departments and Agencies over their alleged failure to honour invitations to account for public funds. The resolution followed…...
Germany Partners Nigeria to Tackle $1.5bn Annual Gas Flaring Loss
3+ day, 38+ min ago (500+ words) Germany has unveiled a new programme to help Nigeria tackle the estimated $1.5bn it loses annually to gas flaring by converting the wasted gas into economic value. The German Ambassador to Nigeria, Annett Günther, disclosed this at the just-concluded Nigeria Oil…...
Brent Crude Tops $90 as U.S.-Iran Conflict Continues
4+ day, 20+ hour ago (277+ words) Global oil prices surged yesterday as Brent crude rose above $90 per barrel, following renewed military strikes between the United States and Iran that disrupted shipments through the Strait of Hormuz. The escalation, now in its sixth day, has sharply reduced…...
Marketers Slam Importers Over ₦1,350 Fuel Price
5+ day, 12+ hour ago (267+ words) Oil marketers have accused major importers, including AA Rano and Matrix, of fixing petrol prices at about ₦1,350 per litre, far higher than the rates offered by the Dangote Petroleum Refinery. Speaking to Nairametrics, Chinedu Ukadike, National Publicity Secretary of the…...
FG Reserves 3bn Tons Iron Ore for Ajaokuta
5+ day, 13+ hour ago (318+ words) The Federal Government has reserved an estimated three billion tons of iron ore deposits to feed the Ajaokuta Steel Rolling Complex once it becomes fully operational. Director-General of the National Steel Raw Materials Exploration Agency (NSRMEA), Kolawole Michael, disclosed this…...
PRNigeria Publisher Unveils Memoir on NIPSS Controversy as IMPR Reports Strong Mid‑Year Performance
5+ day, 13+ hour ago (428+ words) These experiences reinforce my conviction that justice delayed not only affects individuals but can erode public confidence in institutions established to uphold the rule of law,” Shuaib said. At the briefing, investigative journalist and publisher of Daily Nigerian, Malam Jaafar…...