In a major shift for global energy trade, the Dangote Petroleum Refinery emerged as the world's single largest exporter of jet fuel in April 2026. This was revealed in a recent S&P Global Energy report. According to the S&P Global Commodities at Sea data, the facility was able to surpass all other global exporters by …
Oyo State Governor Seyi Makinde has openly declared Bimbo Adekanmbi, the governorship candidate of the Allied Peoples Movement (APM), as his preferred successor ahead of the 2027 election. Speculation about Makinde’s backing of Adekanmbi had intensified in recent weeks, especially after the governor announced on May 14 his intention to contest the 2027 presidential election. …
The African Development Bank (AfDB) and the Nigerian government have signed a letter of intent (LOI) to operationalise the Integrated Aviation Transformation Programme (IATP) for Africa. The $7 billion continent-wide initiative aims to modernise Africa's aviation ecosystem and mobilise capital for the sector. In a letter dated May 26, 2026, AfDB had confirmed the appointment …
European Central Bank President and former International Monetary Fund (IMF) chief Christine Lagarde on Thursday warned that central banks worldwide must protect their independence as political and economic pressures grow. Speaking at a conference in Phnom Penh, Cambodia, Lagarde said governments, economic shocks and declining public trust were increasingly testing central banks, according to an …
The Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf, says Nigeria’s next phase of economic reform should focus on industrialisation, power sector reforms, productivity growth and export competitiveness despite signs of economic recovery in the first quarter of 2026. In a policy brief he released on Thursday …
The Nigerian Navy has commenced the construction of a modern hospital in Asokoro, Abuja, while also commissioning new housing and infrastructure projects aimed at improving personnel welfare and operational efficiency. Chief of Naval Staff, Vice Admiral Idi Abbas, said the projects underscore the Navy’s renewed commitment to strengthening institutional capacity and enhancing the living standards …
An estimated 30,000 Fulani armed militants are actively operating across Nigeria, where their violence has become the leading cause of religiously motivated deaths, according to a new report from the United States Commission on International Religious Freedom (USCIRF). The report, released in May, paints a worrying picture of worsening insecurity in the country, stating that …
The African Development Bank (AfDB) has appointed Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, as the African Champion to drive its new continent-wide aviation initiative, the Integrated Aviation Transformation Programme for Africa (IATP). According to a statement issued by Tunde Moshood, Special Adviser on Media and Communications to the minister, the bank cited …
As Nigeria joins the global community to mark this year’s Children’s Day on Wednesday, the 2023 Labour Party presidential candidate, Mr Peter Obi, has sounded the alarm over the worsening insecurity in schools, describing the repeated mass abduction of students as a national disgrace and a collapse of basic school safety. In a statement posted …
As Muslims celebrate the feast of Eid-El-Kabir, Nigeria’s Vice President Kashim Shettima has called on Nigerians to embrace peace, unity and patience amidst challenges in the country. Shettima made the call while speaking to newsmen shortly after observing the Eid-el-Kabir prayers at the Ramat Square Eid Ground in Maiduguri, Borno State, Wednesday. According to a …
