The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that President Bola Tinubu’s renewed hope competitive reform agenda has delivered 28 Field Development Plans (FDPs) with 18.2 billion dollars worth of investment commitments in the Nigerian oil sector The Commission Chief Executive, Mr Gbenga Komolafe disclosed this on Tuesday at the Africa Oil Week, held…
Gunmen riding motorbikes have killed 22 villagers in western Niger, most of them attending a baptism ceremony on Tuesday. The attack took place on Monday in Takoubatt village, Tillaberi region, near the borders with Burkina Faso and Mali, an area plagued by jihadist groups linked to Al-Qaeda and the Islamic State (IS). A local resident…
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…