News

President Bola Tinubu has appointed Bashir Ojulari as the new Group Chief Executive Officer (CEO) of the Nigerian National Petroleum Company Limited, NNPCL, effective from today April 2, 2025. The appointment comes after the president sacked Mele Kyari and also dissolved the board of the Nigerian National Petroleum Company Limited, NNPCL, removing the Chairman, Chief Pius Akinyelure. The Special Adviser to the President on information and strategy, Bayo Onanuga, who […]

Today marks the   final day of this year’s Eid-fitr Celebrations in Nigeria and some other parts of the world. Eid el-Fitr is celebrated by Muslims worldwide to mark the end of the month-long dawn-to-dusk fasting of Ramadan. Many Muslims had a low-key Eid-el-Fitr celebration this year following the growing cost of living, which made it difficult for many to celebrate in their usual style. The Federal Government had declared yesterday […]

Oyo State Governor Seyi Makinde has conducted former governor and Otun Olubadan of Ibadanland, Senator Rashidi Ladoja, round Ibadan Circular Road Project, named after him. The duo inspected the 32.2 kilometres East Wing of the project, whose infrastructure component is nearing completion. Recall that Senator Ladoja conceived the idea of the 110 kilometres Ibadan Circular Road Project when he was governor of the state between 2003 and 2007. Governor Makinde […]

The Federal Government has announced the closure of the Independence Bridge (Marina bound) starting Tuesday April 1 for essential maintenance and rehabilitation works. The Federal Controller of Works, Lagos, Mrs Olukorede Kesha, made this known in a statement on Monday in Lagos explaining that the bridge would remain closed until the end of May 2025. She said, “The closure will affect traffic traveling from Ahmadu Bello Way and Adeola Odeku […]

Nigeria’s manufacturers are counting their losses to the drastic macroeconomic changes being executed by the Federal Government. A key element of the difficulties has shown up in cost of sales with leading manufacturers reporting 90.6 per cent surge in their just released 2024 financial results. Analysts attribute the increase to the mounting inflationary pressure, foreign exchange volatility, and escalating production costs in the sector.

Myanmar’s ruling junta has declared a week of national mourning on Monday for victims of the country’s devastating earthquake, which has killed more than 1,700 people. The official mourning period runs until April 6, the junta said in a statement, with national flags to fly at half-mast. It will be recalled that apowerful7.7-magnitude earthquake hit central Myanmar and neighbouring Thailand last Friday. The quake destroyed several buildings, bridges, roads and […]