On Wednesday, President Bola Tinubu left for Paris, France, for a brief working visit. A video shared by the Presidency showed the President greeting senior government officials before boarding the Presidential aircraft. At the airport to see him off were key figures, including the Secretary to the Government of the Federation, Senator George Akume; Minister…
The Edo State Governorship Election Petition Tribunal in Abuja has dismissed the petition filed by the Action Alliance (AA) and Adekunle Omoaje challenging the election of Governor Monday Okpebholo, the All Progressives Congress (APC), and the Independent National Electoral Commission (INEC). In its ruling on Wednesday, the three-member tribunal struck out the petition, describing it…
President Bola Tinubu has approved the reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the Chairman, Chief Pius Akinyelure and the Group Chief Executive Officer, Mallam Mele Kyari. In a statement issued early Wednesday, Bayo Onanuga, the Special Adviser to the President (Information & Strategy), announced that President Tinubu had removed all…
Nigeria’s Net Foreign Exchange Reserve (NFER) as of the end of 2024 stood at $23.11 billion, the highest level in over three years, reflecting a substantial improvement in the country’s external liquidity, reduced short-term obligations, and renewed investor confidence. According to a statement from the Central Bank of Nigeria (CBN), the increase in reserves reflects…
The National Institute for Policy and Strategic Studies (NIPSS) says that with Dangote Refinery and others coming on board, Nigerians should expect a crash in the price of premium motor spirit, better known as petrol. Before President Bola Tinubu removed the fuel subsidy, the product was sold for under ₦200 per litre. It now costs…
