CPPE Urges CBN to Reduce Interest Rates After Pause
CPPE has urged the Central Bank of Nigeria (CBN) to reduce interest rates going forward. This comes after the CBN retained the Monetary Policy Rate (MPR) at 27.50 percent, a…
Nigeria’s Petrol Consumption Rate Drops to 50 Million Litres Daily
Nigeria's petrol consumption rate has drastically dropped to 50 million liters per day, with local refineries supplying half of the daily requirements. The reduction in consumption is attributed to the…
Pa Edwin Clark: The Colossus of the Niger Delta, the Father of the Ijaw Nation, and the Unyielding Voice of the South-South
By Oweikeye Endoro The news of the passing of Chief Edwin Clark, the venerable leader of the Niger Delta, has sent ripples of sorrow across the nation, leaving a void…
Naira Appreciates to N1,500 Per Dollar at Black Market
The Naira has continued to appreciate against the dollar at the parallel foreign exchange market. On Thursday, the Naira strengthened to N1,500 against the dollar in the black market, gaining…
Okpebholo Denies Being Controlled by Godfathers
Edo State Governor, Monday Okpebholo, has denied claims that he was handpicked by political godfathers to be remotely controlled. Okpebholo made this statement during an interview on Channels Television's Politics…
Troops Eliminate 82 Terrorists, Rescue 93 Hostages in One Week
Nigerian troops have dealt a significant blow to terrorist activities, killing 82 insurgents and capturing 198 suspected terrorists. The military also rescued 93 hostages and dismantled 32 illegal refining sites…
Peter Obi Reacts to IBB’s Admission on June 12 Election
Peter Obi, the Labour Party's presidential candidate in the 2023 election, has reacted to Ibrahim Badamosi Babangida's (IBB) admission that MKO Abiola won the June 12, 1993, election. IBB made…
NNPC Fails to Remit N13.7 Trillion to Federation Account
NNPCL has failed to remit N13.763 trillion in revenue to the Federation account, covering a period between 2012 and 2024. According to a document obtained from the Federal Accounts Allocation…
Twin Explosion Rocks Rivers Oil Facility
A twin explosion occurred at two flow stations near the Cawthorne Channel in Rivers State, causing destruction and feared casualties. The blasts happened on Wednesday night, with videos showing facilities…
Babangida finally admits MKO Abiola won June 12, 1993 presidential election
General Ibrahim Babangida has admitted to annulling the June 12, 1993, presidential election, won by the late Chief Moshood Abiola. Babangida made the admission in his autobiography, "A Journey in…
