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Article 'IMF Report: Nigeria's Economic Reforms Under Tinubu Falling Short of Expectations'- Nigeria News
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Article 'Dangote Refinery Eyes 650,000 Barrels Per Day with Billions in Funding'- Nigeria News
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Article 'Why the New National ID Card Will No Longer Be Free for Nigerians - NIMC'- Nigeria News
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Dangote Petroleum Refinery has reduced its petrol price to ₦970 per litre for oil marketers, down from ₦990. This move is a token of appreciation for Nigerian support and government backing. Dangote reassures that the quality of products will remain high, aiming to meet domestic fuel...
Nigeria’s Auditor-General uncovered N197.72bn in contract irregularities across MDAs, including payments for unexecuted jobs and procurement violations. The Rural Electrification Agency and NBET led in irregularities, highlighting systemic corruption. Experts urge stricter enforcement of...
Nigeria’s Finance Minister, Wale Edun, attributes current economic hardships under President Tinubu’s reforms to past administrations’ failure to implement necessary policies. Edun highlights gains from subsidy removal and currency reforms, despite rising inflation and public struggles, as a...
Dangote Petroleum Refinery is struggling to secure enough crude oil supplies under Nigeria’s naira-based sale scheme. Despite agreements with NNPC to supply 385,000 barrels per day, deliveries have been inadequate. Other Nigerian refineries also face challenges accessing naira-priced crude...
Pakistan has blocked Bluesky amid its rising popularity, joining other restricted platforms like X, Facebook, and Instagram. The government also targets VPN services, setting a registration deadline for businesses and freelancers. The growing censorship has sparked concerns over digital rights...
Nigerians will now need to pay for the new multipurpose National Identity card to avoid the issue of uncollected cards. NIMC cites financial constraints and a need-based system for the card’s production. The card will serve as an identity, payment, and government services tool, with provisions...
NERC has directed electricity distribution companies (DisCos) to downgrade Band A customers if they cannot meet the promised 20 hours of power daily. The Commission emphasized that states now have the constitutional right to regulate their electricity markets and handle complaints through a new...
A recent NBS survey reveals that two-thirds of Nigerian households struggle to afford healthy food, with economic hardship increasing food insecurity. The survey also highlights frequent power blackouts, limited access to electricity in rural areas, and poor sanitation conditions, reflecting...
Nigeria
Major Companies Including Dunlop and Mitsubishi Delisted by CAC for Failing to File Annual Returns
The Corporate Affairs Commission (CAC) has delisted over 80,000 dormant companies from its register due to non-compliance with annual returns for ten years. Major firms like Dunlop and Mitsubishi were among those affected. Companies now deemed dissolved are no longer eligible for business...
Dangote Petroleum Refinery has resumed U.S. crude oil imports with a two-million-barrel shipment from Chevron, signaling challenges in its naira-for-crude agreement with the Nigerian government. As production ramps up, the $20 billion facility is poised to impact regional fuel markets and...
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