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Prices of oil crashed to $65 per barrel, the lowest they have been since April 2021, in a stunning flip. This has been brought about by a confluence of events, most of which are being attributed to an enormous increase in oil supply plus increasing global trade tensions, both of which caused crude oil […]
President Bola Ahmed Tinubu, GCFR, has approved the appointment of Nasir Naeem Abdulsalam as the Managing Director, Ajaokuta Steel Company. The appointment takes effect from 3rd April, 2025 and is in accordance with the provisions of the Certain Political and Judicial Office Holders (Salaries and Allowances, etc) Act 2008 as amended. Until his appointment, […]
The Economic and Financial Crimes Commission (EFCC) on Thursday, April 3, 2025, obtained a final forfeiture of two buildings reportedly bought with proceeds of crime by Aminu Sidi Garunbabba, an official of the Federal Inland Revenue Service (FIRS). The buildings in the Federal Capital Territory (FCT), Abuja, and Kano State, were ordered forfeited to […]
Nollywood actress, Jemima Osunde has complained about the change in the Nigerian film industry. Speaking on the trend in casting choice and how actors are pressurized to transition into content creation during the age of social media. In an interview, Osunde explained how traditional actors are being edged out by producers who would rather […]
Grand Theft Auto VI (GTA 6), the highly-anticipated title from Rockstar Games, is set to be the most expensive video game ever created with production costs set to run as high as $2 billion. That is significantly higher than the cost of production of previous blockbuster releases like the 2013 release of Grand Theft […]
Following the appointment of the Group Chief Executive Officer and Board of Directors, the Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced the appointment of a new 8-man Senior Management Team on Friday. The team which will be headed by the GCEO, Mr Bashir Bayo Ojulari, has Rowland Ewubare as Group Chief Operating Officer; […]
Saudi Arabia has introduced new visa restrictions affecting nationals from 14 countries, including Nigeria, as part of an ongoing tightening of entry policies. The latest development, set to take effect on April 13, 2025, mandates that all individuals holding valid Saudi business or visit visas issued in any of the affected countries must exit the […]
The minister of the Federal Capital Territory, Nyesom Wike, has revealed that a Peoples Democratic Party (PDP) chieftain is planning to throw his weight behind the All Progressives Congress (APC) in the upcoming 2027 elections. The move, which has sent shockwaves through the Nigerian political landscape, is set to have far-reaching […]
An aspirant in tomorrow’s gubernatorial primary election of the All Progressives Congress (APC) in Anambra state, Rt. Hon. Chukwuma Umeoji, has informed the Party of his decision to withdraw from the election. According to him, “this decision was made in good faith following consultations with my supporters across the state.” Our great Party thanks the […]
STATEHOUSE PRESS STATEMENT President Bola Ahmed Tinubu has appointed Mr. Ayo Sotinrin as the new Managing Director of the Bank of Agriculture, effective immediately. Mr. Sotinrin brings a diverse and extensive background in the private and public sectors to his new role. Before this appointment, he held the position of Group Chief Executive Officer at […]
