With a capacity of 650,000 barrels per day, the Dangote Refinery is the largest single-train refinery globally. The Dangote Refinery has slashed the price of petrol. The Dangote Refinery has slashed the price of petrol. In a move set to provide significant relief to Nigerians, Dangote Petroleum Refinery has reduced the price of Premium Motor […]
Premier League winners and losers: Dyche, Guardiola, Amorim, Liverpool and the two manager sackings
A Pep Guardiola resignation is more likely than a revival after Ruben Amorim’s masterclass. It would follow the two most justified sackings in recent memory.upcoming fixtures we absolutely were completely guilty of overlooking how Arsenal (a), Chelsea (h), Manchester City (a), Nottingham Forest (h), Bournemouth (a), Aston Villa (h), Tottenham (h) and Brighton (a) actually […]
NNPC Reduces Petrol Price Nationwide Amid Global Economic ShiftsNNPC Reduces Petrol Price Nationwide Amid Global Economic Shifts
The Nigerian National Petroleum Company (NNPC) Limited has reduced the price of Premium Motor Spirit (PMS), commonly known as petrol, by ₦20 per litre at its retail outlets in Abuja. The new price, effective from Saturday morning, is now ₦1,040 per litre, down from ₦1,060 per litre, providing slight relief to consumers amid ongoing high […]
NIGERIA ECONOMY IN SHAMBLES
Nigeria’s economy is facing a complex situation with several key developments: Recent Economic Trends: * GDP Growth: Nigeria’s economy grew by 3.46% in the fourth quarter of 2023, slightly lower than the previous year. * Inflation: Inflation remains a significant challenge, rising to 24.5% in 2023 due to factors like fuel price hikes and currency […]
CAF… BEST AFRICAN FOOTBALLER OF THE YEAR
Recent news on Ademola Lookman primarily revolves around his recent award as the 2024 African Footballer of the Year. This prestigious honor recognizes his exceptional performance for both his club, Atalanta, and the Nigerian national team, the Super Eagles. Here are some key highlights from the news: * 2024 African Footballer of the Year: Lookman […]
Old, new naira notes remain legal tender – CBN
The Central Bank of Nigeria (CBN) says all denominations of Naira banknotes currently in circulation remain indefinitely valid as legal tender and cannot expire or be phased out. A statement on Friday by CBN’s Acting Director, Corporate Communications, Mrs Sidi Ali Hakama, said all banknotes, including the old and new designs of N1,000, N500, and […]
Tax Reforms: BDAN meets Presidential committee, urges inclusive implementation
Bank Directors Association of Nigeria, BDAN has called on the Presidential Fiscal Policy and Tax Reforms Committee to ensure inclusive implementation of the proposed tax reforms bills. BDAN Chairman, Mr. Mustafa Chike-Obi made this call during a meeting with Mr. Taiwo Oyedele, Chairman of the Presidential Fiscal Policy & Tax Reforms Committee. Search for:SearchHomeNewsPoliticsMetroBusinessSportsEditorialColumnsAllureE-EditionsBusinessDecember 11, […]
Poverty in Nigeria: Some Dimensions and Contributing Factors
Abstract Unemployment, corruption, non-diversification of the economy, income inequality, laziness, and a poor education system can be considered to be some of the key factors contributing to poverty in Nigeria. This article analyzes these factors after reviewing some of the most recent contributions to the literature and summarizing some of the key dimensions of poverty in Nigeria. It also […]
The Federal Government deducted ₦700 billion from the Federation Account for the free distribution of electricity meters across the country to improve power access.
The Federal Government of Nigeria has allocated ₦700 billion from the Federation Account for the nationwide free distribution of electricity meters. This initiative aims to address the persistent issue of estimated billing and improve power access for Nigerian households and businesses. The funds are part of efforts to enhance transparency in billing, reduce electricity theft, […]
Islamic lecturer Sheikh Muyideen Ajani Bello passes away at 84
Popular Nigerian Islamic lecturer Sheikh Alhaji Muyideen Ajani Bello has died at the age of 84, leaving an inedible mark on the Muslim community and his fans across the country. His death was confirmed by his son, Katibi Abdul Basit Olanrewaju, popularly known as Aponle Anobi, today, December 6th, 2024. He took to his Instagram […]
BREAKING: Bitcoin soars past $100,000 amid Trump’s pro-crypto revolution
Bitcoin has shattered the $100,000 milestone, riding a wave of investor confidence sparked by U.S. president-elect Donald Trump’s pro-crypto pivot. The world’s largest cryptocurrency surged as high as $103,800 on Thursday, marking a 50 per cent rise since Trump’s November election win. The rally intensified after Trump nominated crypto advocate, Paul Atkins, to lead the […]
Asake, Ayra Starr, Odumodublvck, others nominated for 2025 MOBO Awards
Nigerian music act, Ahmed Ololade, aka Asake, alongside fellow artiste, Oyinkansola Aderibigbe, popularly known as Ayra Starr, have been nominated for the 2025 Music of Black Origin Awards. The duo was nominated in the Best International Act category, with United States-based artistes, Nicki Minaj, Beyonce and Kendrick Lamar, according to the 2025 shortlist which […]
Minimum wage strike: Nwifuru fumes as three states, FCT grounde
The industrial action by the Nigeria Labour Congress over the non-implementation of the new national minimum wage grounded the civil service in three states and the Federal Capital Territory, with Governor Francis Nwifuru of Ebonyi threatening to replace workers in the state should they fail to return to work. Nwifuru made the threat during a […]
Nigeria economy and security
Here are the latest developments in Nigerian politics as of December 2024
Fuel issues
Nigeria has been experiencing a fuel scarcity crisis that has led to: Rising prices The Nigerian National Petroleum Company Limited (NNPC) has increased prices, causing petrol to cost as much as N897 per liter. Long lines Filling stations in major cities like Lagos and Abuja have long lines, and many stations are out of fuel. […]
Animals and Pets in Nigeria
Animals, particularly pets, play a significant role in the lives of many Nigerians, whether for companionship, economic benefits, or cultural practices. While they bring numerous advantages, there are also challenges associated with keeping them. This article examines the benefits and drawbacks of animals and pets in Nigeria. Advantages of Animals and Pets in Nigeria 1. […]
Problems facing Nigeria agricultural sector as at today
The Nigerian agricultural sector faces numerous challenges that hinder its potential as a key driver of the economy and food security. Some of the critical problems include:
series of challenges and developments facing Nigeria agricultural sector
Nigeria’s agricultural sector is currently navigating a series of challenges and developments: Flooding and Food Insecurity Recent severe flooding has devastated 29 of Nigeria’s 36 states, destroying over 1.5 million hectares of cropland and affecting more than nine million people. This disaster has exacerbated food insecurity, with projections indicating that over 33 million Nigerians could […]
Nigeria’s spiritual and philosophical traditions
Nigeria’s spiritual and philosophical traditions are deeply rooted in its diverse cultures and ethnic groups, reflecting the country’s rich history and cultural complexity. Below are key topics on Nigerian spirituality and philosophy: — • Nigerian Spirituality 1. Traditional Religions Yoruba Spirituality (Ifá/Orisha Worship): Central to the Yoruba belief system is the worship of Olodumare (Supreme […]
As of November 24, 2024, Nigeria’s academic landscape is experiencing several significant developments:
1. University Convocations and Academic Achievements: The University of Ibadan recently held its convocation ceremony, awarding degrees to 6,664 graduates, including 418 First Class honors. The Federal University of Technology, Akure (FUTA) celebrated its convocation, with 519 graduates achieving First Class honors. 2. Institutional Collaborations and Developments: The African School of Economics (ASE) has expanded […]
Increase in Nigerian Students Enrolling in U.S. Institution
Mastering Life: Steps to Achieve Personal and Professional Success
Success, both personal and professional, is a journey of continuous learning, growth, and self-discipline. It’s not about perfection but about mastering the art of progress. By following practical steps and maintaining a focused mindset, you can cultivate the habits and strategies needed to thrive in all areas of life. 1. Define Your Vision and Goals […]
Unlocking Potential: How to Build a Life of Success”
Turning Dreams into Reality: A Blueprint for Success
Dreams are the seeds of innovation and progress. They inspire us to aim higher and envision a better future. However, transforming dreams into reality requires more than mere imagination; it demands determination, strategic planning, and consistent action. This article provides a comprehensive blueprint for turning aspirations into achievements. — 1. Clarify Your Vision […]
The ultimate productivity hack is saying no.
Not doing something will always be faster than doing it. This statement reminds me of the old computer programming saying, “Remember that there is no code faster than no code.” The same philosophy applies in other areas of life. For example, there is no meeting that goes faster than not having a meeting […]