Every April 25, the world observes World Malaria Day, a global reminder of humanity’s long fight against one of its oldest and most preventable diseases. It is a day that is meant to reflect progress, renew commitments, and push nations to confront one of the most persistent public health challenges in human history. Across continents, …
The Nigeria National Petroleum Company Limited (NNPC) has debunked information currently circulating, which claims that the Company is selling scrap materials, and equipment from its refineries to individuals and private companies. In a statement signed by the NNPC Chief Corporate Communications Officer, Andy Odeh, the national oil firm described the information as “misleading and false”, …
The Central Bank of Nigeria (CBN) has introduced a new money market benchmark, known as the Nigerian Overnight Financing Rate (NOFR). The move, announced on April 17, 2026, by the CBN, in collaboration with the Financial Markets Dealers Association (FMDA), aims to improve transparency and strengthen confidence in the financial system. It is designed to …
Africa’s leading industrialist, Aliko Dangote, has reiterated his position that true industrialisation of the continent can only be achieved by African investors leading the charge, not foreigners. Dangote argued that the continent must reduce its dependence on foreign investors to achieve sustainable economic growth. Speaking during a presidential panel session at an infrastructure summit in …
Journalists invited to cover the inauguration of the Court Martial for the trial of alleged coup plotters were on Friday barred from the proceedings at the Scorpion Officers’ Mess, the venue of the trial. Confusion began when reporters, were repeatedly moved from one location to another shortly after arriving at the facility. As journalists were …
As global crude oil prices surge above $100 per barrel following the blockade of the Strait of Hormuz, Nigerian households and businesses are bracing for a prolonged period of economic pain. The Strait of Hormuz, a critical maritime route through which about 20 per cent of the world’s oil and gas supply passes daily, has …
Africa’s richest man, Aliko Dangote, has revealed plans to construct a new 650,000-barrel-per-day (bpd) oil refinery in East Africa, a project that could reshape the region’s energy landscape and challenge the dominance of European and Middle Eastern fuel imports. Dangote made this known on Thursday while speaking during a presidential panel at the “Africa We …
The outgoing Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, has formally handed over the affairs of the ministry to the Minister of State, Yusuf Abdullahi Ata, describing his tenure as a privilege and a key contribution to the administration’s Renewed Hope Agenda. Speaking during the handover ceremony, Dangiwa expressed deep appreciation to …
The Federal Government has intensified efforts to curb rising cyber threats with plans to establish a National Cybersecurity Coordination Council to protect Nigeria’s fast-growing digital economy. Minister of Communications, Innovation and Digital Economy, Bosun Tijani, who disclosed the initiative in Abuja on Wednesday, noted that it is part of a broader strategy to strengthen collaboration, …
The Federal Government has renewed its push to reposition Nigeria’s sugar industry, with the Minister of State for Industry, Senator John Owan Enoh, calling for the full operational take-off of the Nigeria Sugar Institute (NSI) in Ilorin, Kwara State, as a key driver of industrialisation and local sugar production. Senator Enoh made the appeal during …
