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Nigeria’s power generation has reached a record-breaking 5,313 megawatts (MW), marking the highest output level in three years. This significant milestone was announced by Bolaji Tunji, Special Adviser on Strategic Communication and Media…
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Justice Emeka Nwite of the Federal High Court in Abuja has ordered the remand of Isaac Bristol Tamunobifiri, also known as PIDOM, in Kuje Correctional Facility. This decision came after PIDOM was arraigned on nine counts, including money…
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Nigerians are currently facing a severe fuel crisis, with the price of petrol skyrocketing to an unprecedented ₦855 per liter at Nigeria National Petroleum Company Limited (NNPCL) filling stations, particularly in Lagos. This sharp increase…
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The dollar to naira exchange rate has crashed on the Central Bank of Nigeria (CBN) official window, plummeting to N1,640 on Tuesday from N1,610.50 traded on Monday. This significant drop highlights the mounting pressure on the…
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Tinubu and Xi Jinping Forge Strategic Ties.  President Bola Tinubu has revealed that his meeting with Chinese President Xi Jinping in Beijing, the Chinese capital, was fruitful and beneficial to Nigerians,…
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NLC Reacts To Fuel Price Increase, Makes 7 Demands From Government. The Nigeria Labour Congress (NLC) has expressed profound disillusionment with the federal government following a recent hike in petrol prices. …
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NNPC Fuel Pump price surpass N800 per liter.  The Nigerian National Petroleum Corporation (NNPC) Limited has increased petrol prices at its filling stations in Lagos to as high as N897 per liter amid a deepening fuel scarcity,…
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Dangote Reveals Petrol Pricing Strategy as Refinery Commences Fuel Production. Aliko Dangote, the chairman of Dangote Industries and owner of the Dangote Refinery, announced that petrol from his newly operational refinery will…
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Dangote Refinery Begins Petrol Production Amid Government Efforts to Resolve Regulatory Dispute. In a landmark development for Nigeria’s energy sector, the Dangote Refinery, a $20 billion project spearheaded by billionaire…
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Dollar to Naira Exchange Rate: September 3, 2024 - Black Market and CBN Rates.  As Nigeria continues to navigate economic challenges, the dollar-to-naira exchange rate remains a focal point for those engaged in foreign trade,…
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