The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said the Nigerian National Petroleum Company (NNPC) Limited’s decision to sell petrol at reduced prices by waiving its retail profit margin does not amount to a return of fuel subsidy. Oyedele explained that the temporary discount, which took effect on October 1, 2026, would be funded entirely by NNPC Retail Limited through the reduction of its earnings […]
Amnesty International has urged the management of Madonna University, Elele Campus, Rivers State, to reverse the expulsion of a final-year nursing student and the suspension of 14 other 500-level students over a viral TikTok video. The rights organisation, in a post on its X account on Thursday, described the sanctions as disproportionate and called on the university to resolve the matter through dialogue and mediation. The students were sanctioned after […]
President Bola Tinubu has declared three days of national mourning for Nigerian Air Force personnel who died in Monday’s military aircraft crash in Ondo State. The President also directed that the national flag be flown at half-mast across the country in honour of the deceased officers. The Nigerian Air Force ATR-42 aircraft crashed near a naval base in the Igbokoda area of Ondo State while on a routine mission from […]
The United States has announced a new 50 per cent tariff on a wide range of Canadian imports, escalating a trade dispute with one of its largest trading partners. According to U.S. Trade Representative Jamieson Greer, the tariffs will apply to approximately 20 billion dollars' worth of imports from Canada, including products such as hockey sticks, wine and cement. The new tariffs are scheduled to take effect on August 19, […]
The Sultan of Sokoto, Muhammadu Sa’ad Abubakar, has reaffirmed that banditry, terrorism and other forms of criminality have no place in Islam, stressing that crime should never be linked to any religion or ethnic group. The Sultan, who is also the President-General of the Nigeria Supreme Council for Islamic Affairs (NSCIA), made the remarks while receiving members of the 2026 Batch 'B' Stream I of the National Youth Service Corps […]
Nigeria flared approximately 76.92 billion standard cubic feet (SCF) of natural gas between January and May 2026, despite growing domestic demand for cleaner energy and a sharp increase in the cost of Liquefied Petroleum Gas (LPG), commonly used for cooking. Latest figures released by the Nigerian Upstream Petroleum Regulatory Commission show that oil and gas operators burnt a total of 76.92 billion standard cubic feet of associated gas during […]
The Oyo State Government has approved the immediate implementation of the Contributory Pension Scheme (CPS) for eligible civil and public servants across the state. Chairman of the Oyo State Pensions Board, Tunji Adekunle, announced that Governor Seyi Makinde approved the commencement of the scheme, which is designed to strengthen retirement benefits for public sector employees. According to the Board, the scheme will apply to officers employed into the Oyo State […]
President Bola Ahmed Tinubu has reaffirmed the Federal Government’s commitment to strengthening collaboration with traditional institutions to promote peace, security, national unity, and sustainable development across Nigeria. The President's message was delivered on Monday in Dutse, Jigawa State, by the Minister of Information and National Orientation, Mohammed Idris, during the 8th Executive Committee Meeting of the Northern Traditional Rulers’ Council. According to the President, traditional institutions play a strategic role […]
President Bola Tinubu has declared that Nigeria’s difficult phase of economic reforms is over, stating that the sacrifices made by citizens in the past three years are beginning to produce positive results for the economy. In his Eid-el-Kabir message to Muslims in Nigeria and across the world on Tuesday, the President said the country is now experiencing a more stable economy and attracting increased investment capable of creating jobs and […]
