The Coalition of United Political Parties (CUPP) has strongly criticised the endorsement of President Bola Ahmed Tinubu as the sole presidential candidate of the All Progressives Congress (APC) for the …
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Politics
- BusinessBusiness InsightsDevelopmentEconomyLeadershipNigeriaOil & GasPoliticsWestern Africa
Goodluck Jonathan Says Western Oil Firms Failed to Develop Nigeria, Blames Lack of Local Content and Weak Laws
Former President Goodluck Jonathan has said that the Western oil companies that discovered crude oil in Nigeria failed to develop the country because they did not transfer technical knowledge or …
- DevelopmentEconomyGOVERNMENTInfrastructurePoliticsTransportation & Logisitics
FCT Proposes N137 Billion for Satellite Towns in 2025 Budget as Wike Unveils N1.29 Trillion Capital Plan
The Federal Capital Territory (FCT) Administration has proposed a total of N137 billion as capital expenditure for the Satellite Towns Development Department (STDD) in the 2025 statutory budget, reflecting a …
- EconomyEnergyFinance & ServicesLeadershipMarketsPoliticsSouth AfricaTrade and Commerce
Rand Holds Firm as Ramaphosa-Trump Meeting Overshadows South Africa’s 2025 Budget
South Africa’s currency, the rand, remained largely stable on Thursday despite political tension triggered by a controversial encounter between President Cyril Ramaphosa and U.S. President Donald Trump, which took the …
- CorruptionFinance & ServicesMarketsNewsNigeriaPoliticsReal Estate
Abuja Real Estate Market Raises Concerns Over Source of Wealth Amid Surging Prices
Abuja, Nigeria’s capital city, is known mainly as the seat of government, where the country’s major political institutions are located. It is not a commercial or industrial hub like Lagos …
- BusinessDevelopmentEconomyELECTRICITYEnergyFinance & ServicesGOVERNMENTInfrastructurePolitics
Senate Raises Alarm as FG Owes Power Firms N800bn, Sector Faces Major Crisis
The Nigerian Senate Committee on Power has cried out over the growing financial crisis facing the country’s power sector, revealing that the Federal Government currently owes electricity generating companies (GenCos) …
- AgricultureBusinessEconomyFood ProductionGOVERNMENTNigeriaPoliciesPoliticsSecurity
BUA’s Abdul Samad Rabiu Says Rice Prices Will Crash, Warns Hoarders
Chairman of BUA Group, Abdul Samad Rabiu, has declared that rice prices in Nigeria will crash soon, as his company has imported enough to feed the nation until the end …
- DevelopmentEconomyGOVERNMENTNigeriaPolitics
ADC Declares Itself Nigeria’s Coalition Party Ahead of 2027 Elections
The African Democratic Congress (ADC) has announced that it will serve as the coalition platform for opposition parties preparing to challenge the ruling party in the 2027 general elections. The …
- DevelopmentEconomyFinance & ServicesGOVERNMENTNigeriaOil & GasPolitics
FIRS and RMAFC Form Joint Committee to Strengthen Tax Monitoring and Boost Revenue Sharing
The Federal Inland Revenue Service (FIRS) and the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) have come together to set up a joint technical committee that will help improve how …
- BusinessBusiness InsightsDangote IndustriesEconomyEnergyFinance & ServicesGOVERNMENTInfrastructureNigeriaOil & GasPolitics
Modular Refiners Kick Against Exclusion from FG’s Naira-for-Crude Deal Talks
The Crude Oil Refiners Association of Nigeria (CORAN) has raised alarm over what it called the continued exclusion of modular and smaller local refineries from the Federal Government’s ongoing discussions …