Nigerian billionaire businessman and philanthropist, Femi Otedola, has strongly debunked fresh allegations linking him to the controversial fuel subsidy fraud, calling them false, malicious, and an attempt to rewrite history. In a strongly worded response, Otedola addressed claims made by Umar Sani, former Special Adviser on Media to ex-Vice President […]
Nigeria’s energy sector faces fresh turbulence as the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has ordered its members nationwide to withdraw their services following the alleged mass dismissal of Nigerian workers by the Dangote Refinery. The union, in a circular signed by its General Secretary, Comrade […]
Nigeria’s economy continued its upward trajectory in the second quarter of 2025, as new data from the National Bureau of Statistics (NBS) revealed a 4.23% year-on-year GDP growth. The figure marks a clear improvement from the 3.48% recorded in the same quarter of 2024, underscoring resilience and renewed momentum across […]
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has debunked widespread claims that a five percent fuel surcharge will begin on January 1, 2026. Speaking on Channels Television’s The Morning Brief, Oyedele clarified that the surcharge cannot take effect until an official commencement order […]
The Nigerian Postal Service (NIPOST) has unveiled the NIPOST Agro-Logistics Initiative (#NAILI)—a bold intervention designed to transform agricultural logistics, reduce post-harvest losses, and strengthen national food security. The initiative, announced by Tola Odeyemi, Postmaster-General and CEO of NIPOST, aims to leverage the agency’s vast nationwide infrastructure to support President Bola […]
The Central Bank of Nigeria (CBN) has issued a sweeping directive mandating that all Point of Sale (PoS) terminals across the country must be geo-tagged within 60 days. The policy, announced on August 26, 2025, is part of the apex bank’s aggressive push to strengthen Nigeria’s digital payment ecosystem, curb […]
For the first time in history, Africa’s billionaires have collectively crossed the $100 billion mark, a milestone that underscores both resilience and ambition on a continent often defined by economic turbulence. According to the latest Forbes ranking, 22 African billionaires now hold a combined fortune of $105 billion, up from […]
Ogun State is on the brink of making aviation history as the Gateway International Agro-Cargo Airport prepares to receive an unprecedented commercial operations licence this week—a certification the Nigerian Civil Aviation Authority (NCAA) says no other airport in the country has ever achieved. Governor Dapo Abiodun revealed that NCAA […]
Air Peace is set to redefine international travel for Nigerians with the launch of direct flights from Abuja to both London Heathrow and Gatwick, starting October 26, 2025. This bold move makes Air Peace the first Nigerian airline to offer non-stop flights from the capital city to the UK’s two […]
The Nigerian Federal Government has officially listed its aging Boeing Business Jet (BBJ), once used for presidential travel, for sale in Switzerland, marking a new phase in its controversial aircraft fleet restructuring. This move follows the recent acquisition of a new Airbus A330-200, now serving as the country’s official presidential […]
