The Transmission Company of Nigeria (TCN) has announced that it is close to fully restoring the national grid after a partial disturbance occurred on Monday evening. According to Mrs. Ndidi Mbah, TCN’s General Manager of Public Affairs, the disturbance, which happened around 6:48 p.m., triggered immediate recovery efforts. In a […]
Economy
The Nigerian national petroleum company limited (NNPC) has agreed to sell premium motor spirit (petrol) to members of independent petroleum marketers association of Nigeria ( IPMAN) at N995 per litre, this new pricing comes after the department of state services (DSS) intervened in the dispute between NNPC and IPMAN, aiming […]
The Nigeria Labour Congress (NLC) has demanded an immediate reversal of the recent fuel price hike, criticizing the Nigerian National Petroleum Company Limited (NNPCL) for setting prices in a supposedly deregulated market. The NLC, led by President Joe Ajaero, has called on President Bola Tinubu’s administration to roll back the […]
The Nigerian National Petroleum Company Limited (NNPCL) has announced another significant hike in the price of Premium Motor Spirit (PMS), commonly known as petrol, increasing the cost to N998 per litre. This new rate, which came into effect on Wednesday, reflects a 12.7% rise, equivalent to an additional N113 per […]
As Nigeria commemorates its 64th Independence Day on October 1, 2024, citizens are confronted with the stark reality of ongoing economic challenges. While the day symbolizes freedom and self-governance—marking the lowering of the British flag and the rising of the Nigerian flag on October 1, 1960—the current state of the […]
Nigerian police fired teargas at hundreds of protesters on Tuesday during the #FearlessInOctober demonstration in Abuja, a protest against poverty, hardship, and poor governance. The crackdown, which took place in the Jabi and Utako areas of the Federal Capital Territory, caused panic as demonstrators fled, and residents sought cover. The […]
Enugu State Governor, Dr. Peter Mbah, has commended Nigerians for their resilience amid ongoing national challenges, urging them to remain hopeful as the country continues its efforts toward positive change. He also stressed the importance of national unity as a critical factor for moving the nation forward. In a goodwill […]
Nigeria has secured vital financial support from the Bill and Melinda Gates Foundation, with $600,000 earmarked for flood relief efforts in Borno State and an additional $5 million allocated to boost the country’s industrial cassava sector. The announcement followed a meeting between Vice President Kashim Shettima and a Gates Foundation […]
Severe flooding in northern Nigeria has killed over 80% of the animals at a major zoo in Borno State, home to species ranging from lions and crocodiles to buffalo and ostriches. The devastating impact on Sanda Kyarimi Park Zoo, located in Maiduguri, has left the facility grappling with significant losses. […]
The Nigerian stock market has recently been affected by the global stock market turmoil that began last Friday and has now reached the Nigerian Exchange (NGX). Midday trading on the NGX showed a 0.27% decline in the All-Share Index, with telecommunications giant MTN Nigeria experiencing a significant drop. MTN’s shares […]