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USA’s oil exports to Nigeria, others drop to 3.3m bpd

By Udeme Akpan, Agams-Emuobe Oghenemairo & Ime-Udoma Richmond THE United States of America oil exports to Nigeria and other African nations dropped for the fifth month to 3.3 million barrels per day, bpd in July 2025. The Organisation of Petroleum Exporting Countries, OPEC, disclosed this in its August 2025 Monthly Oil Market Report, MOMR, without providing details. […]

Shettima to lead conversations at CRMI’s conference

By Babajide Komolafe Vice President Kashim Shettima will lead discussions at the 24th Annual International Conference of the Chartered Risk Management Institute of Nigeria (CRMI) scheduled to  hold in Lagos next week.  Themed “Global Risks, Local Solutions,” the two-day summit will bring together senior policymakers, regulators, business leaders, and risk experts to address the world’s most […]

Edun, Cardoso strengthen fiscal, monetary partnership

Emma Ujah, Abuja Bureau Chief In a move to strengthen Nigeria’s economic fundamentals, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, yesterday, held a strategic meeting with the Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso, at the CBN Headquarters in Abuja. The Director of Information and Public Relations […]

FG decries $10bn annual food import bill, urges innovative agric finance

By Babajide Komolafe The Federal Government has lamented the $10 billion spent annually by the country on food imports, saying there is need for innovative financing solutions to boost agriculture and strengthen food security. Minister of Agriculture and Food Security, Abubakar Kyari made this  call yesterday in Lagos at the First Bank of Nigeria Ltd. 2025 Agric […]

Flood: 706 PWDs receives food, non-food items by NEDC in Borno

By Ndahi Marama, Maiduguri The North East Development Commission ( NEDC ) has provided food and non-food items to 706 People With Disabilities (PWDs), mostly households affected by flash flood at various communities in Maiduguri Metropolitan Council and Jere local government area in Borno state. The palliatives comprised 25kg bags of rice, cartons of spaghetti, […]

Abuja court freezes 4 bank accounts linked to ex-NNPCL boss, Mele Kyari

By Innocent Anaba A Federal High Court sitting in Abuja has ordered the temporary freezing of four Jaiz Bank accounts linked to the immediate-past Group Managing Director, GMD, of Nigerian National Petroleum Company Limited, NNPCL, Mr Mele Kyari, over alleged fraud. The trial Judge, Justice Emeka Nwite made the order, yesterday after counsel to the […]

Naira down to N1,555/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday depreciated to N1,555 per dollar in the parallel market from N1,550 per dollar on Monday. But the Naira appreciated to N1,534.5 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 slightly […]

2027: Amaechi’s presidential bid dead on arrival — Wike

Minister of the Federal Capital Territory FCT, Nyesom Wike, yesterday, declared that the 2027 presidential ambition of former Minister of Transportation, Mr Rotimi Amaechi, is dead on arrival insisting that Amaechi would be the last person considered for the party’s ticket.

Bandits kill 13 worshippers in Katsina mosque

By Kingsley Omonobi, Ndahi Marama & Ogalah Dunamis Bandits in the early hours of yesterday killed at least 13 worshippers in a mosque in Katsina State. This came on a day Borno State police command, again, recorded another success story, with recovery and safe detonation of an Improvised Explosive Device, IED, planted near an Internally […]

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