The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has thrown its weight behind the federal government’s renewed commitment to the Naira-for-Crude initiative. PETROAN described it as a policy that could significantly lower petrol prices across the country. Speaking in Abuja, PETROAN’s National PRO, Joseph Obele, welcomed the decision of the Federal Executive Council (FEC) to uphold the Naira-for-crude arrangement. Obele called it a forward-thinking approach to revitalising the…

In response to the recent killings of several hunters in Uromi, Edo State, Governor Monday Okpebholo has announced the establishment of a fact-finding committee by the federal government (FG), in collaboration with the state government, to investigate the incident. Fred Itua, the governor’s Chief Press Secretary, disclosed this in a statement, noting that Okpebholo made the announcement yesterday while receiving a high-level delegation from Kano State, led by the Deputy…

The Economic and Financial Crimes Commission (EFCC) on Thursday advanced its case against former Minister of Power, Saleh Mamman, in a trial-within-trial before Justice James Omotosho of the Federal High Court, Abuja, over the admissibility of the defendant’s extra-judicial statements. Mamman, who is being prosecuted in connection with alleged corruption in the Mambilla Power Project, is facing a 12-count charge bordering on conspiracy and money laundering amounting to N33.8 billion.…

The Labour Party (LP) has raised the alarm over what it described as an illegal governorship primary being conducted in Anambra State by some ‘disgruntled members’ of the party. Obiora Ifoh, the party’s National Publicity Secretary warned the Independent National Electoral Commission (INEC) and the public to disregard the exercise. The party reaffirmed that it already concluded its governorship primary in line with electoral guidelines and had submitted the name…

Akinwumi Adesina, President of the African Development Bank (AfDB), has emphasised that young Africans require meaningful financial support to realise their potential—not tokenistic handouts masquerading as empowerment. Speaking in an interview aired on Channels Television’s ‘Sunrise Daily’, Adesina described Africa’s youthful population as a valuable demographic dividend that must be converted into tangible economic growth through strategic investment in education, skills, and enterprise. Touching on the growing trend of emigration,…

The Labour Party (LP) leadership has condemned a meeting convened by former presidential candidate Peter Obi and Abia State Governor Alex Otti. The party, in a statement by its National Secretary, Farouk Ibrahim, described the meeting as an ‘illegal’ National Executive Council (NEC) gathering aimed at hijacking the party’s structure. LP alleged that Obi and Otti led a group of ‘party outlaws’ to the Independent National Electoral Commission (INEC) headquarters…

The Dangote Refinery has notified marketers and its customers of a downward revision in its ex-gantry petrol loading price, reducing the rate to ₦865 per litre. This represents a ₦15 reduction from the ₦880 per litre at which the facility was selling as of Wednesday. The refinery communicated the revised price in a customer notice issued on Thursday, April 10, morning. A Pro forma invoice sighted by our correspondent, along…

The Chairman of Transcorp Group, Mr Tony Elumelu, has said that Nigeria’s ambition to grow a $1 trillion economy cannot be realised without urgent and sustained intervention in the country’s electricity sector. Speaking at the company’s Annual General Meeting held in Abuja on Wednesday, Mr Elumelu stated that access to reliable electricity remains the most critical factor in transforming Nigeria’s economy, particularly in bolstering contributions from the non-oil sector. “I…

The President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has stated that young people in Nigeria and across 51 other African nations do not require handouts in the name of empowerment programmes, but rather access to capital to transform their ideas into sustainable wealth. Speaking during an exclusive interview aired on Sunrise Daily, a morning programme on Channels Television, on Thursday, April 10, Dr Adesina described the ongoing…

Lagos State Governor, Babajide Olusola Sanwo-Olu, has reaffirmed his administration’s steadfast support for the growing bilateral relationship between Belgium and Nigeria. He highlighted Lagos’ pivotal role in advancing international partnerships. The governor made the commitment during a reception hosted by the Belgian Ambassador to Nigeria, H.E. Pieter Leenknegt, in collaboration with the CBL-ACP Chamber of Commerce. The event was held at the Lagos Continental Hotel, Victoria Island, Lagos. Governor Sanwo-Olu,…

A 19-year-old boy was killed by stray bullets while two others were injured as a group of suspected cultists stormed a football viewing centre at Coca-Cola Road in Ilorin West Local Government Area of Kwara State. Reports said the incident occurred around 9:05 p.m. on Wednesday while fans were watching a European Champions League (UCL) football match. A source described the terrifying scene, noting that the attackers opened fire indiscriminately,…

Nigerian billionaire businessman, Femi Otedola, has extended warm birthday wishes to fellow industrialist, Aliko Dangote, describing him as “the greatest entrepreneur to have come out of Africa.” Otedola shared the tribute via his social media platform on Thursday, commemorating Dangote’s birthday with a message filled with admiration and respect for the renowned business magnate. “Happy Birthday to my dear brother, the greatest entrepreneur to have come out of Africa …”…