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Daily Archives: May 9, 2025

Nigerians React to Pope Leo XIV Election

The election of Robert Francis Prevost as Pope Leo XIV has sparked intense reactions from Nigerians, with some viewing it as a historic moment...

New Presidential Jet Flown to South Africa for Refitting and Repainting

A newly acquired Airbus A330 aircraft meant for the Nigerian Presidential Air Fleet has been flown to South Africa for refitting and repainting, following...

NGX Gains N240bn as Market Closes Strong

The Nigerian Exchange (NGX) rounded off Thursday’s trading session on a strong note, with a notable N240 billion surge in market capitalisation. This positive...

Marketers Urge Caution on Fuel Import Ban

Petroleum marketers have cautioned the Federal Government against implementing a hasty ban on the importation of petroleum products, warning that such a move could...

Assembly Crisis: Reps Isuue 7-day Ultimatum to Benue, Zamfara Govs

The House of Representatives Panel has scheduled a hearing for May 14, 2025, to consider a petition against the Governors of Benue and Zamfara...

Nigeria Clears $3.4bn IMF Debt

In a significant development that reflects Nigeria’s efforts toward fiscal responsibility and economic recovery, the International Monetary Fund (IMF) has officially confirmed that Nigeria...

N-BA Reaffirms Commitment to Enhancing Nigeria-UK Ties

The Nigeria-Britain Association (N-BA) has renewed its commitment to enhancing bilateral relations between Nigeria and the United Kingdom, with a focus on mutual growth...

Wigwe: US Helicopter Firm Faces Possible Criminal Charges

In a tragic turn of events, the operators of the helicopter involved in the crash that claimed the lives of former Group CEO of...

FG Hails Progress in Naira-for-Crude Deal

The Federal Government has hailed the recent milestones recorded under the revived naira-for-crude oil initiative, a bold economic strategy aimed at strengthening the Nigerian...

Nigeria Secures Additional $215m World Bank Loan for Palliatives

In a strategic push to cushion economic hardship triggered by subsidy removal and inflation, Nigeria has secured an additional $215 million from the World...

Dangote, NNPC Partner to Boost Nigeria’s Economic Growth

In a significant step toward enhancing Nigeria’s energy security and boosting economic development, the President/CEO of Dangote Group, Aliko Dangote, on Thursday, May 8,...

Crackdown: EFCC Nabs 98 in Internet Fraud Operation

Both arrests followed credible intelligence that linked the suspects to fraudulent internet activities. Operatives of the Enugu Zonal Directorate of the Economic and Financial Crimes...

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