The Nigerian National Petroleum Company Limited (NNPCL) has pledged 272,500 barrels per day of crude oil through a series of crude-for-loan deals totalling $8.86bn. By pledging 272,500 barrels daily, it means that about 8.17 million barrels of crude will be used for different loan deals by the national oil firm on a monthly basis. This…
Nigeria is now part of eleven African countries that have seen worsening governance levels in the last ten years dating back to 2014. A new report titled, “2024 Ibrahim Index of African Governance” published by the Mo Ibrahim Foundation saw Nigeria fall three places from 30th on the continent to 33rd. According to the report,…
The National Bureau of Statistics (NBS) has raised an alarm that its official website has been hacked by unknown fraudsters. The Bureau, which made this known in a short statement issued on its X social media handle at 8.32pm on Wednesday, warned the general public to disregard any message or report posted on its behalf…
Former Senate President Bukola Saraki, along with key leaders of the Peoples Democratic Party (PDP), have arrived at the party’s National Secretariat (Wadata Plaza) for a meeting amid deepening internal crisis. Saraki, who chairs the PDP reconciliation committee, arrived alongside Bauchi State Governor and chairman of the PDP Governors’ Forum, Bala Mohammed, and other prominent…
Like the House of Representatives, the Senate has approved President Bola Tinubu’s proclamation of a state of emergency in Rivers State, invoking its constitutional powers under the amended 1999 Constitution. The approval grants President Tinubu the authority to enforce emergency measures while mandating a review of the situation at any time, but no later than…
The Dangote refinery is set to commence its free fuel distribution scheme on Monday, starting with Lagos, the South West, Abuja, Kwara, Delta, Rivers, and Edo, respectively. According to the Dangote Group spokesperson, Anthony Chiejina, the scheme will bring relief to millions of Nigerians by providing fuel at reduced prices. The Dangote spokesperson said; “We…
South Korea facing the world’s lowest birth rate, is now turning to financial incentives in a bid to reverse its demographic decline. The Saha District in Busan has rolled out a new program that offers residents up to $38,000 for dating and marriage. This initiative is part of a broader effort to combat the nation’s…
The Executive Secretary of the Nigerian Christian Pilgrim Commission (NCPC), Bishop Stephen Adegbite, has called on Christian pilgrims to Israel and Jordan from Imo and Adamawa States to uphold President Bola Tinubu, Vice President Kashim Shettima, and First Lady Senator Oluremi Tinubu in prayer during their spiritual journey to the Holy Land. He made the…
The Commissioner of Police in Ogun State, Lanre Ogunlowo, has summoned the officers involved in the shooting of 27-year-old caterer, Tomiwa Oni, on July 24, 2024, at a checkpoint in Itele, Ota, Ogun State. This is as the Inspector-General of Police, Kayode Egbetokun, has ordered urgent intervention to ensure accountability and support for the victim….
Nigeria secured the 105th spot out of 147 nations in the 2025 World Happiness Report, unveiled on Thursday, March 20. The report was compiled by the Wellbeing Research Centre at the University of Oxford in collaboration with Gallup, the UN Sustainable Development Solutions Network and an independent editorial board. Finland retained its title as the…