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Petrol consumers in Nigeria could face fresh price pressure after international crude oil prices surged above $107 per barrel, raising concerns about higher fuel production and replacement costs in the country’s deregulated downstream petroleum market. Brent crude, the global benchmark, jumped sharply on Thursday, settling at about $107.63 per barrel after gaining more than…
The Dangote Petroleum Refinery and Petrochemicals FZE has approved 32 electronic channels through which Nigerians and other eligible investors can subscribe for shares in its highly anticipated initial public offering (IPO), expanding access to the landmark offer across banks, fintech platforms, mobile-money services and the Nigerian Exchange (NGX). The approved network comprises 19 banks, 10…
The Federal Government has launched a major digital education initiative that will remove data charges for millions of Nigerian students accessing approved educational platforms and learning content, in a move aimed at widening access to technology-enabled education across the country. The initiative, known as the Initiative for Zero-Rated Access to Educational Platforms and Content in…
The Nigeria Democratic Congress (NDC) has announced plans to broaden its funding base ahead of the 2027 general elections by relying substantially on donations and contributions from ordinary Nigerians, as the emerging opposition platform seeks to build a nationwide political structure. The party’s funding strategy was disclosed amid questions surrounding how it intends to finance…
The Nigerian Communications Commission (NCC) has commenced a major regulatory drive requiring SIM-enabled devices operating in Nigeria to be registered and authenticated, in a move designed to tighten control over the country’s telecommunications device ecosystem. The initiative is being implemented through the Commission’s Device Management System (DMS), which will provide a central mechanism for identifying…
Read More “NCC Orders Registration of All SIM-Enabled Devices, Moves to Block Unregistered Phones” »
Arsenal have announced themselves emphatically on the European stage, defeating Napoli 1-0 at the Stadio Diego Armando Maradona to open their 2026/27 UEFA Champions League campaign with a priceless away victory. Captain Martin Ødegaard supplied the decisive moment as Mikel Arteta’s side demonstrated patience, control and the mentality required to win difficult European nights. Playing…
ILORIN — Fifteen years after his passing, the voice and legacy of veteran broadcaster Deji Komolafe continue to resonate with colleagues, listeners and admirers of his remarkable contribution to broadcasting. Komolafe, remembered as an iconic voice in the Nigerian broadcast industry and the pioneer anchor of the renowned radio programme, “Moment of Truth,” marking his…
Read More “15 Years On, Deji Komolafe’s Voice Still Echoes Through the Airwaves” »
The Amanyanabo of Nembe, His Eminence King Dr Edmund Maduabebe Daukoru, Mingi XII, has endorsed veteran journalist and author Mingi-Yai Nengi Josef Owei-ilagha, popularly known as Pope Pen, as Media Chief to the Mingi-In-Council, placing his extensive media and public communication experience at the centre of the kingdom’s image management. The monarch’s endorsement was conveyed…
Abuja-based defence-technology and robotics company Terra Industries has secured contracts worth $2 million to provide security for lithium mining operations in Nigeria, marking an early commercial breakthrough for its newly launched commercial division. The company disclosed that the agreements were signed with two mining operators and came just one week after Terra launched the new…
Global oil prices climbed sharply after Iran-backed Houthi forces launched a wave of missile and drone attacks against energy infrastructure in southern Saudi Arabia, intensifying fears of further disruption to an already strained global oil supply chain. The attacks, which occurred on Tuesday, September 8, targeted several locations including Abha, Jazan, Najran and Khamis Mushait….
Read More “Oil Prices Surge Towards $100 as Houthi Strikes Hit Saudi Energy Facilities” »