The signal this week is unmistakable: fuel subsidy declared dead in 2023, is returning as a defining issue of the 2027 presidential election. Petrol now sells for about ₦1,400 per litre in Lagos and Abuja and as much as ₦1,500 in parts of northern Nigeria. Diesel has crossed ₦2,000. This is happe...
business
The investigation examined how wealth linked to Nigerian political and economic elites moved into the US real estate market and identified recurring risk factors in the acquisition of the properties. The post 61 Nigerian officials linked to $271 million US property holdings -Repo...
government
Niger State Governor, Umaru Bago, has inaugurated a nine-member Judicial Commission of Inquiry to investigate the deaths of 37 persons who died in the custody of the Nigeria Security and Civil Defence Corps, NSCDC, Niger State Command. Bago inaugurated the commission at the Gover...
government
The delegation from DR Congo arrived in Nigeria on Monday to understudy the Nigerian Content Development and Monitoring Board’s acclaimed local content framework for the oil and gas industry. The post DR Congo delegation begins study tour of NCDMB’s local content model appeared f...
News
A 35-year-old Nigerian, Olamide Shanu, has pleaded guilty in the US to a $2.5m sextortion and romance fraud scheme that defrauded about 150 Americans. Read More: https://punchng.com/nigerian-pleads-guilty-to-defrauding-150-americans-in-2-5m-sextortion-scam/...
Local
Bendel Insurance technical adviser, Kennedy Boboye, has urged his players to aim for the maximum points in the Matchday 5 encounter against Ikorodu City. The Benin Arsenals will square up with Ikorodu City at the Samuel Ogbemudia Stadium, Benin City, on Wednesday. Boboye said tha...
News
Niger State Governor, Mohammed Umaru Bago, has urged religious leaders in the state to use their sermons to discourage parents from allowing teenagers to engage in artisanal mining. Bago made the call on Tuesday when the leadership of the Christian Association of Nigeria (CAN), N...
government
Nigerian singer Davido joined Aliko Dangote in New York’s Times Square as the Dangote Petroleum Refinery’s IPO was advertised on a Nasdaq billboard. Read More: https://punchng.com/video-davido-joins-dangote-at-times-square-new-york-as-refinery-ipo-hits-nasdaq-billboard/...
News
The naira extended its appreciation against the dollar across the foreign exchange market on Tuesday. Central Bank of Nigeria data showed that the naira further strengthened to N1,327.78 against the dollar on Tuesday, from N1,329.80 exchanged on Monday. Dollar to Naira exchange r...
News
Senate President Godswill Akpabio has dismissed concerns over President Tinubu’s absence, insisting there is no vacancy as he is still running Nigeria. Read More: https://punchng.com/akpabio-defends-tinubus-absence-says-president-still-running-nigeria/...
business
You’ve heard all about it. It’s been all over the news these past couple of weeks: the “Dangote IPO.” The Dangote Petroleum Refinery and Petrochemicals FZE IPO is now open, offering eligible Nigerians, both at home and abroad, an opportunity to apply for shares in the company. Th...
Local
Singer Peter Okoye has told a Federal High Court in Lagos that he received more than $800,000 in royalties from France-based music rights organisation SACEM for songs recorded by the former music group, P-Square. Peter made the disclosure while testifying virtually before Justice...
government
Dr Obafemi Hamzat, Lagos State Deputy Governor and All Progressives Congress (APC) Governorship Candidate, has called on residents of the state to turn out en masse and vote for APC candidates in the 2027 general elections. Hamzat made the call on Tuesday during a visit by member...
