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The cost of Compressed Natural Gas (CNG) in Nigeria has surged from ₦230 to ₦450 per Standard Cubic Meter (SCM), sparking concerns among motorists and industry stakeholders. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has clarified that the price hike isn’t a result of government-imposed subsidy removal but rather a market-driven adjustment. […]
Nigeria may be thrown into another round of fuel scarcity as the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has announced plans to embark on a nationwide strike beginning Monday, September 8, 2025. The union disclosed this in a statement on Friday, jointly signed by its National President, Prince Williams Akporeha, […]
The European Commission has imposed a hefty €2.95 billion fine on Google for abusing its dominant position in the online advertising market. Despite warnings from US President Donald Trump not to target US tech giants, the EU has gone ahead with the fine, accusing Google of distorting competition in the 27-nation bloc. EU […]
A 26-year-old Nigerian citizen was detained by Polish Border Guard officers for possessing a counterfeit residence permit. The individual admitted to purchasing the fake document online for €2,000 while still in the UK. Investigations revealed that the Nigerian had been in Poland illegally for four days and had no valid basis for staying in […]
The Chief of Staff to the President, Mr. Femi Gbajabiamila, has said that members of the Nigerian Armed Forces deserve not only recognition but also a fair share of the dividends of democracy, given their sacrifices in safeguarding the nation. Gbajabiamila stated this on Friday in Lagos while inaugurating a 1,200-capacity auditorium at […]
Tesla has unveiled a record-shattering compensation plan for its Chief Executive Officer, Elon Musk, which could be worth more than $1 trillion, provided the company achieves unprecedented growth over the next decade. The proposal, disclosed in a filing with the U.S. Securities and Exchange Commission (SEC) on Friday, outlines a shareholder vote in […]
The University of Lagos has completed a book project on Bayelsa State Governor, Senator Douye Diri’s leadership qualities and governance style. The university’s consultancy arm, UNILAG Consult, made this known during a courtesy visit to Government House in Yenagoa. The institution has also proposed a public lecture and endowing a Professorial Chair in […]
The Independent National Electoral Commission (INEC) has rolled out a new phase of voter registration in the Federal Capital Territory (FCT), extending the exercise beyond its headquarters and area council offices to reach all electoral wards. In a statement issued on Friday and signed by the National Commissioner and Chairman of the Information and […]
The Central Bank of Nigeria (CBN) has announced the establishment of a dedicated Compliance Department to provide stronger supervision of non-prudential risks across the financial sector. According to a circular issued to financial institutions on Thursday, the unit was created in the first quarter of 2025 and became fully operational in the second quarter. The […]
