Nigerian crude is again edging towards $120 per barrel as the conflict in the Middle East shows no sign of ending. The PUNCH reports that data from the Central Bank of Nigeria showed that Bonny Light, Nigeria’s flagship crude oil grade, traded at about $117 per barrel, gradually returning to its April level when prices…
The cargo industry often welcomes foreign investment for several reasons. Here are some factors that make the cargo industry attractive to foreign investors: Global Nature of Trade: Cargo and logistics are integral to global trade. Foreign investment in the cargo industry allows investors to tap into the interconnected nature of international commerce. Infrastructure Development: Many…
The Joint Task Force (North East), Operation Hadin Kai (OPHK) said it has rescued 47 persons, mostly women and children, who were held captive by ISWAP terrorists in Kangarwa, Kukawa Local Government Area of Borno State. The Acting Military Information Officer of the Theatre Command, Captain Mohammed Musa, in a press statement, said the…
The General Overseer of the Redeemed Christian Church of God, Enoch Adejare Adeboye, has stated that Nigeria’s First Lady, Oluremi Tinubu, will not be removed from her position as an ordained pastor in the church. Speaking during the monthly Holy Ghost Service, Adeboye explained that Oluremi Tinubu was ordained as an Assistant Pastor more than…
The #TakeItBack Movement on Wednesday staged protests in Lagos, Abuja and other parts of the country over worsening economic hardship, insecurity, inflation and what the organisers described as political repression under the Bola Tinubu administration. The protests, held under the banner of the “Festival of the Oppressed”, saw demonstrators in both cities calling for urgent…
Vice President Kashim Shettima made an unscheduled visit to Maiduguri, Borno State capital, yesterday to commiserate with the Nigerian Army and the state government over a fresh Boko Haram attack that claimed the life of Brigadier General Oseni Braimah and several other soldiers. The attack occurred on Thursday near Marte in Borno’s Monguno Local Government Area,…
Kwankwaso resigns from NNPP, cites shifting political landscape and seeks new platform to reposition and drive national change. Senator Rabiu Musa Kwankwaso has formally resigned from the New Nigeria People’s Party (NNPP), citing the need for political realignment in Nigeria’s evolving landscape. In a press statement dated March 29, 2026, Kwankwaso announced his departure from…
The Federal Government has committed more than N10.5 billion to its Digital Training Academy (DTA), an initiative aimed at equipping 32,000 Nigerians with globally competitive digital and professional skills. Minister of Education, Tunji Alausa, disclosed this on Monday in Abuja at the official launch of the academy. Alausa said the programme was designed to bridge…
The Federal Government has approved the complete demolition and reconstruction of the Carter Bridge in Lagos at a cost of N548.98 billion. The approval came after independent investigations confirmed that the iconic structure’s underwater piles and pile caps had deteriorated beyond repair. The Minister of Works, Dave Umahi, announced the approval after Thursday’s Federal Executive…
The Academy Awards are set for a major shift, as organisers have announced plans to relocate the ceremony from its long-time Hollywood home to a new venue in central Los Angeles beginning in 2029. The Oscars will move from the Dolby Theatre to the larger Peacock Theater, marking the end of an era for the…
