By Esther Ososanya Operatives of the Police Command have arrested one David Moses, a security guard working in a school, for allegedly conspiring with his friend, Sunday Irimiya, who is on the run, to murder a carer and a toddler entrusted to her care. A statement from the command said on 23rd July 2025, the …
By Esther Ososanya The U.S. Federal Reserve may be forced to delay cutting interest rates until at least October after fresh inflation data revealed that tariff-driven price increases are reigniting consumer costs across multiple sectors, complicating the central bank’s battle to restore price stability. The Personal Consumption Expenditures (PCE) price index, the Fed’s preferred inflation …
By Esther Ososanya The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reaffirmed its support for suppliers and distributors in the petroleum sector, describing their role as vital to Nigeria’s energy security and economic development. Speaking at the Annual General Meeting of the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) in …
Ex Presidential Aide Warns that Denial Could Trigger Instability, Fuel Separatist Agitations By Rafiyat Sadiq A Former presidential aide and Social commentator, Reno Omokri, has appealed to leaders and political stakeholders in Northern Nigeria to allow President Bola Tinubu complete his Two Four-Year Terms in office for the sake of national unity and stability. Omokri …
By Rafiyat Sadiq A new directive by the Tanzanian government prohibiting foreign nationals from owning and operating businesses in 15 small-scale sectors has triggered backlash in neighbouring Kenya and renewed concerns over regional trade relations. The sweeping ban affects activities such as mobile money transfers, tour guiding, small-scale mining, crop buying on farms, beauty salons, …
By Rafiyat Sadiq United States Treasury Secretary Scott Bessent says ongoing trade negotiations with China are progressing well but have yet to be fully concluded. Speaking to journalists during a media appearance on Thursday, Bessent expressed optimism about finalising a trade agreement with China but noted that “a few technical details” remain unresolved on Beijing’s …
By Esther Ososanya The National Oil and Gas Suppliers Association of Nigeria (NOGASA) has issued a cautionary appeal to the Dangote Refinery, urging the industrial giant to reconsider its entry into direct fuel distribution, which the association says poses a significant risk to the survival of thousands of small and medium-scale oil marketers across Nigeria. …
By Rafiyat Sadiq Widespread criticism has trailed Kenya’s latest attempt to tighten control over the sale and consumption of alcohol, following the unveiling of a far-reaching draft policy that proposes raising the legal drinking age from 18 to 21 and banning alcohol sales in supermarkets, restaurants, and public transport. The policy, presented Wednesday by the …
Seplat Energy Plc, Nigeria’s leading independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announced its unaudited results for the first half of 2025, posting impressive growth across revenue, production, and profitability. The company recorded revenue of ₦2.167 trillion for the six months ended June 30, 2025, a significant …
The Securities and Exchange Commission (SEC) has declared invalid the purported Annual General Meeting (AGM) of The Tourist Company of Nigeria (TCN) Plc, reportedly held on July 25, 2025, stating that all resolutions passed during the meeting are null and void. In a public notice, the Commission criticised actions taken by certain majority shareholders who …
