•Targets mid-2026 for final decision on refineries By Obas Esiedesa, Abuja Nigerian National Petroleum Company Limited, NNPCL, has declared a profit after tax of N5.4 trillion for the 2024 financial year, a growth of 63.6 percent when compared to N3.3 trillion recorded in the previous year.   The company’s revenue also grew to N45.07 trillion from N23.9 trillion […]

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,465 per dollar in the parallel market from N1,474 per dollar last weekend. Similarly, the naira appreciated to N1,452 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira fell to […]

“Fear no forest because it is dense”— African proverb It is difficult to recall a time when we worried as much over our circumstances as we do today. Our first seven or so decades until independence were spent as a colony of the British. We were cobbled together basically as a commercial entity which promised and […]

The National Agency for the Prohibition of Trafficking in Persons has said that controversial rapper, Speed Darlington, is still on its security watchlist over an allegation that he had sexual activity with a minor.

Barely one month after ordering the release and compensation of one Abuja-based business woman, Mrs. Chineze Ozoadibe, the Director General, State Security Services (DSS), Oluwatosin Adeola Ajayi, has ordered the release of one Kenneth Okechukwu Nwafor, arrested in July 2022, for his alleged involvement in the activities of the proscribed Indigenous Peoples of Biafra (IPOB).