Muhammad Sanusi II, Emir of Kano and former governor of the Central Bank of Nigeria (CBN), says the removal of the petrol subsidy prevented Nigeria from sliding into bankruptcy. Sanusi made the remarks on Saturday at the second edition of the Kano International Poetry Festival (KAPFEST), organised by the Poetic Wednesdays Initiative. The monarch described…
Aliko Dangote, founder and president/chief executive of the Dangote Group, says he believes that the Ajaokuta steel company will never work. Mr Dangote, in a video shared on the TVC X handle on Tuesday, emphasised the importance of a thriving steel industry for national development but believes Ajaokuta’s challenges make its success unlikely. He likened…
Nigeria’s Dangote Refinery’s premium motor spirit, PMS, has arrived in New York, United States, for the first time. According to Reuters, Sunoco and Vitol organised the shipment on Monday. The delivery on the tanker, Gemini Pearl, marks a major milestone for the 650,000-barrel-per-day Dangote refinery. Reuters reported that an additional shipment of Dangote petrol, which…
Human rights activist and presidential candidate of the African Action Congress (AAC) in the 2023 general election, Omoyele Sowore, Activist, Omoyele Sowore who police said was arrested over criminal offense, Omoyele Sowore who has just been released from detention, Omoyele Sowore, scrapp jamb, NYSC, Human rights activist and presidential candidate of the African Action Congress…
Former presidential candidate of the Social Democratic Party, SDP, Adewole Adebayo has highlighted three areas where President Bola Tinubu has made progress in managing Nigeria’s economy. Speaking on Channels Television’s Politics Today on Tuesday, Adebayo said: “It’s obvious that the economy that President Buhari left was a poorly managed economy, and was an emergency room…
The Presidency has stated that the ongoing government investments in infrastructure have helped lift over 10 million Nigerians out of multidimensional poverty. This was made known by the Special Adviser to the Presidency on Economic Matters, Tope Fasua in an interview with Channels on Tuesday. Fasua explained the central role of infrastructure development in addressing…
A large near-Earth asteroid, 2025 FA22, is set to make a close but safe flyby of Earth on Thursday, September 18, astronomers have confirmed. According to a report by Forbes on Tuesday, the asteroid, roughly 120–280 meters in diameter — about the length of two football fields — will pass at a distance of 523,000…
GISTSMATE MEDIA reports President Bola Tinubu has returned to Abuja from Paris after concluding his vacation. The president arrived at the Presidential Wing of the Nnamdi Azikiwe International Airport, Abuja, on Tuesday evening. He was received by Senate President Godswill Akpabio, Chief of Staff Femi Gbajabiamila, and Nasarawa State Governor Abdullahi Sule, among other top…
Nigerian billionaire businessman, Aliko Dangote, who broke his silence on the brewing dispute between his company and NUPENG, Dangote on manufacturing Dangote fortune Africa’s richest man, Aliko Dangote, has accused powerful ‘oil mafias’ in Nigeria’s oil and gas sector of working relentlessly to destroy his $20 billion Dangote Petroleum Refinery, warning that the same forces…
The Nigerian Army has announced the arrest of Ifeanyi Eze Okorienta, a commander of the Indigenous People of Biafra (IPOB) and the Eastern Security Network (ESN), popularly known as Gentle de Yahoo. Okorienta was apprehended at his hideout in Aku-Ihube, Okigwe Local Government Area, Imo State, during a joint operation by the 34 Artillery Brigade…