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President Bola Tinubu’s decision to remove fuel subsidy and liberalise the foreign exchange market was aimed at effectively sealing long-standing financial leakages that enriched a privileged few while impoverishing the country, Convener of the Bola Ahmed Tinubu Ideological Group, Bamidele Atoyebi, has said. Atoyebi, while defending the administration’s economic reforms, argued that the fuel subsidy […]
Without any iota of doubt, Artificial intelligence (AI) is steadily becoming a significant component of Nigeria’s digital transformation drive, with growing adoption across key sectors of the economy. Stakeholders say the technology is beginning to influence how businesses operate, deliver services, and respond to emerging challenges. In the financial sector, banks and […]
Petrol supply from the Dangote Petroleum Refinery rose by 19 percent in April 2026, as fuel imports declined sharply and government-owned refineries remained inactive. The latest midstream and downstream statistics report released on Tuesday by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) showed that supply from the 650,000 barrels-per-day refinery increased […]
President Bola Tinubu on Tuesday called for urgent reforms to the global financial architecture, warning that the current system is frustrating Africa’s industrialisation efforts and slowing the continent’s economic development. Speaking at the Africa Forward Forum in Nairobi, Kenya, Tinubu made a strong case for a fairer international financial system that prioritises […]
The Lagos State Government says the Lagos Rail Mass Transit (LRMT) Blue Line transported about 3.5 million passengers in 2025, with daily ridership on the corridor rising to 15,000 commuters. The Commissioner for Transportation, Oluwaseun Osiyemi, disclosed this during the 2026 ministerial press briefing held to mark the third year of the […]
A Federal High Court in Abuja has adjourned until 13th July for judgment in the Federal Government’s case against eight Chinese nationals and two other defendants accused of illegal mining activities in Nigeria. Justice James Omotosho fixed the date after both the prosecution and defence teams adopted their final written addresses and […]
Orion Minerals has intersected a significant zone of visible copper sulphide mineralisation at the Flat Mine East prospect, within its Okiep copper project in South Africa’s Northern Cape. This discovery confirms strong resource growth potential down-dip of previously identified high-grade copper zones. The 7.88-metre intersection, the first resource-optimisation drill hole at the […]
The Nigeria Democratic Congress (NDC) on Tuesday released the schedule for the conduct of its primary elections, with presidential hopefuls expected to pay N60 million to secure their nomination and expression of interest forms ahead of the 2027 general elections. NDC National Chairman, Moses Cleopas, disclosed this in a statement made available to […]
