President Bola Tinubu on Friday arrived in Lagos on a working visit, shortly after attending the coronation of the 44th Olubadan of Ibadanland, Oba Rashidi Ladoja, in Ibadan, the Oyo State capital. This was contained in a statement on Friday issued by the Special Adviser to the President ...
Read More »BREAKING: Dangote refinery suspends petrol sales in naira
The Dangote Petroleum Refinery has announced the suspension of petrol sales in naira, a move that has unsettled marketers and raised fresh concerns about fuel pricing and foreign exchange pressure. In an email sent to its customers at exactly 6:42 pm on Friday, the refinery disclosed ...
Read More »20 govs borrow N458bn amid rising debts
No fewer than 20 states of the federation borrowed about N458bn in the first half of 2025, findings by Saturday PUNCH have revealed. This comes against the backdrop of a soaring external debt servicing burden gripping state governments. Collectively, the states spent about N235.58bn on servicing ...
Read More »FBI places $10,000 bounty on Nigerian wanted for bank fraud
The Federal Bureau of Investigation has announced a $10,000 reward for information leading to the arrest and conviction of a Nigerian, Olumide Adebiyi Adediran, wanted in the United States for multiple fraud offences. According to a statement on the FBI’s website on Wednesday, Adediran faces charges of bank ...
Read More »Timi Dakolo offers to pay school fees for struggling parents
Nigerian singer, Timi Dakolo, has announced plans to assist parents struggling to pay their children’s school fees as schools reopen for the new 2025/2026 academic session. In a post on his official X handle on Wednesday, Dakolo acknowledged the financial strain many families face at the start of ...
Read More »17 African countries back electricity reforms—World Bank
The World Bank said seventeen African governments have committed to reforms and actionable plans to expand electricity access as part of Mission 300, an ambitious partnership led by the lender and the African Development Bank Group that aims to connect 300 million Africans to electricity by 2030. ...
Read More »Tinubu orders BOA to clear N30bn agro-dealers debt
President Bola Tinubu has directed the Bank of Agriculture to clear outstanding arrears of N30bn owed to agro-dealers and input suppliers under the National Agricultural Growth Scheme and Agro-Pocket. According to a statement issued on Wednesday by the bank’s External Media Relations Lead, Judith Ekwebelem, the directive followed ...
Read More »We’ve repaid one-third of inherited debt, says ATBU Vice-Chancellor
The management of Abubakar Tafawa Balewa University, Bauchi, has pledged to adopt financial prudence and academic justice in addressing the institution’s challenges. The Vice-Chancellor, Professor Ibrahim Garba, gave the assurance when officials of the Senior Staff Association of Nigerian Universities and the Non-Academic Staff Union paid him ...
Read More »BudgIT ranks Gombe second in fiscal transparency
Gombe State has once again been recognised as a top-tier performer in fiscal transparency and accountability, ranking second nationwide with an impressive 99 out of 100 points, according to BudgIT’s latest Subnational Transparency Assessment. The ranking, which evaluated fiscal transparency across the 36 states and the FCT in ...
Read More »Priscilla Ojo, Rakeem, reunite with Juma Jux in Tanzania
Priscilla Ojo, daughter of Nollywood actress Iyabo Ojo, has returned to Tanzania with her newborn son, Rakeem Mkambala, where her husband, Tanzanian singer Juma Jux, gave them a grand welcome. The homecoming coincided with the day Rakeem turned one month old. In a series of videos shared on ...
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