August 3, 2025

Blog

Business

NNPCL Clears Air On Naira + Crude Contract With Dangote Refinery –

The Nigerian National Petroleum Company Limited (NNPCL) has reacted to the recent reports circulating on the social media regarding it’s alleged unilateral termination of the crude oil sales agreement in Naira between it and the Dangote Refinery .Clarifying the situation in a statement on Monday, the NNPCL Chief Corporate Communications Officer, Olufemi Soneye, said the

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Business

Lagos State Electricity To officially Takes Over Regulatory Control From Ikeja Electricity (IE) And Eko Disco –

The Lagos State Government has officially taken control of the state’s electricity market, following the official transfer of regulatory power from the Nigerian Electricity Regulatory Commission (NERC) to the Lagos State Electricity Regulatory Commission (LASERC). The shift is in alignment with the Electricity Act 2023 and recent constitutional amendments that empower states to regulate their

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Health

COVID-19 Worsened Social Inequalities in Britain, Study Reveals.

London, UK – A recent study has highlighted how the COVID-19 pandemic intensified social and economic inequalities across Britain, disproportionately affecting the most vulnerable communities. The research, conducted by leading public health and economic experts, underscores the long-term structural challenges that the crisis exposed. Disproportionate Impact on Low-Income Communities The study found that low-income households,

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Business

Fuel Subsidy Removal: Bold Decision Helps Secure Future of Unborn Generations – Tinubu

ABUJA — President Bola Tinubu reiterated yesterday that the removal of the fuel subsidy is a measure to safeguard the future of unborn generations. Speaking at the inauguration of the National Youth Congress Planning Committee at the Council Chambers, Presidential Villa, Abuja, Tinubu emphasized his administration’s dedication to youth empowerment and the creation of a

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Politics

Aruna faces Chinese Chuqin at WTT tourney

Nigerian table tennis star Quadri Aruna has been drawn against World No. 2 and Chinese player, Wang Chuqin, in round 32 of the WTT Champions Chongqing 2025 in China, KIIN MEDIA Sport reports. Aruna and Chuqin will face off on Wednesday in one of the first-round games of the $800,000 prize money tournament, which marks the season’s

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Politics

BUSINESSES IN NIGERIA FACES DECREASE IN INVESTMENT IN 2025- NESG

The Nigerian Economic Summit Group (NESG) has identified some negative impact on Nigerian Businesses in the year 2025, such as persistent power shortages, unclear economic policies, Limited foreign exchange availability. The NESG-Stanbic IBTC Business Confidence Monitor (BCM) recorded a rise in the Current Business Index to +11.50, up from +5.69 in January 2025, showcasing a

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Politics

PRICES OF DRUGS SET TO RISE AGAIN AS TARIFF WAIVERS HAVEN’T BEEN IMPLEMENTED

Drug prices have remained high as the federal government’s plan to introduce zero tariffs on pharmaceutical products drags.In June 2024, President Bola Ahmed Tinubu signed an executive order aimed at eliminating tariffs, excise duties, and value- added tax (VAT) on specialised machinery, equipment and raw materials for pharmaceuticals. The goal was to stimulate local production

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Politics

DOLLAR THREATENS STABILITY OF NAIRA AS THEY’RE BEEN HOARDED IN BANKS -BDC

Bureau De Change (BDC) operators say they are not getting dollars from the commercial banks as directed by the Central Bank of Nigeria (CBN), noting that the situation threatens naira stability.

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Politics

El-Rufai’s Defection: Ally Confirms Ex-Kaduna Governor’s Departure from APC, Reveals Next Party.

As the 2027 election approaches, an ally of former Kaduna State Governor Mallam Nasir El-Rufai confirmed on Monday, March 10, that El-Rufai has defected from the ruling All Progressives Congress (APC). In a viral letter circulating on social media, El-Rufai, a founding member of the APC, announced his resignation from the party. “As a founding

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Politics

Lagos PDP factions unite, pledge to defeat APC.

The reconciliation meeting took place at the residence of Alhaji Muritala Ashorobi, the first Chairman of the party in Lagos and the current Chairman of the Reconciliation Committee. Prominent members in attendance included former Deputy National Chairman Chief Olabode George, former Minister of Cooperation and Integration Dr. Abimbola Ogunkelu, former BoT member Mrs. Aduke Maina,

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