The National Chairman of the All Progressives Congress, APC, Nantewe Yilwatda, has dismissed concerns over Peter Obi’s defection from the African Democratic Congress (ADC) to the Nigeria Democratic Congress (NDC), saying the development poses no threat to the ruling party. Yilwatda spoke on Wednesday in Abuja during the ongoing sale and submission of APC nomination …
Moving beyond oil refining, petrochemicals, and fertilizer production, Africa’s richest man, Aliko Dangote, has revealed an ambitious plan to enter the electricity sector, targeting a power project capable of generating 20,000 Megawatts (MW). The African industrialist confirmed this new plan during an interview with the Managing Director of the International Finance Corporation (IFC), Makhtar Diop. …
The Centre for the Promotion of Private Enterprise (CPPE) has warned against any retaliatory action by the Nigerian government over recent xenophobic attacks in South Africa, saying such moves would damage the Nigerian economy and weaken investor confidence. In a statement issued on Wednesday, May 6, Chief Executive Officer of CPPE, Dr Muda Yusuf, described …
Dangote Petroleum Refinery and Petrochemicals Limited has debunked rumours of a hike in the price of Premium Motor Spirit (PMS), also known as petrol, saying its ex-depot price remains the same. The company made the clarification in a statement released on Wednesday, May 6, signed by the management. Rumours on social media claimed the price …
Aviation analyst Olumide Ohunayo has said the plans by Dangote Refinery to begin direct supply of aviation fuel, also known as Jet A1, to airlines in Nigeria will not work. He said this is because there are registered marketers with facilities around airports who are supposed to supply aviation fuel to the airlines. Ohunayo, who …
A fresh twist has emerged in the legal dispute involving the African Democratic Congress (ADC) as the Independent National Electoral Commission (INEC) has opposed attempts seeking the party’s deregistration. Court documents obtained indicate that INEC filed a strong objection, arguing that the application lacks legal backing and fails to meet constitutional requirements for deregistering a …
Nigeria’s private sector has entered 2026 on a fragile path, with businesses facing rising risks around customers, technology, and talent despite signs of economic recovery. This is according to a new report by the Nigerian Economic Summit Group (NESG), released recently. The report, titled Nigeria Private Sector Outlook 2026: The Productivity Imperative for Nigerian Businesses, …
Experts have warned about emerging threats to Nigeria's public health system arising from the practice of fortifying processed foods, a nutrition strategy to eliminate chronic micronutrient deficiencies. A coalition of leading health advocates has cautioned the federal government that plans to fortify ultra-processed foods may inadvertently fuel the country’s already rising burden of non-communicable diseases …
Afrobeats star David Adeleke, popularly known as Davido, has taken a frontline role in the political campaign for Osun State Governor Ademola Adeleke ahead of the 2026 governorship election. Davido was named Chairman of the Imole Youth Campaign Council, a platform set up to mobilise young voters in support of Adeleke’s re-election. Governor Adeleke said …
The minister of the Federal Capital Territory, Nyesom Wike, on Wednesday said he has not endorsed any candidate for the 2027 governorship election in Rivers State, insisting that such a decision would be taken collectively by political stakeholders. Wike spoke during his monthly media parley in Abuja, where he also dismissed claims that Governor Siminalayi …
