Army Nabs 12 Suspected Mahmuda Terrorists in Kwara
The Nigerian Army has arrested 12 suspected members of a Boko Haram breakaway group known as Mahmuda, during ongoing security operations in Kwara and Niger States. The suspects were captured…
Dangote Refinery Cuts Petrol Price to ₦825 Per Litre in Major Market Shift
Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, to ₦825 per litre. This is a ₦10 drop from the previous price…
OPEC Oil Output Drops in April Amid Supply Cuts – Report
Oil production by the Organisation of the Petroleum Exporting Countries (OPEC) slightly declined in April, despite plans to boost supply, according to a Reuters survey released on Thursday. OPEC’s total…
EFCC Arrests 47 Suspected Internet Scammers in Kwara Raid
The Economic and Financial Crimes Commission (EFCC) has arrested 47 individuals suspected of internet fraud in Kwara State. According to EFCC spokesperson Dele Oyewale, the arrests were made during coordinated…
Meta’s Exit Could Threaten 20 Million MSMEs in Nigeria – Tech Experts Warn
Meta Platforms’ threat to shut down Facebook and Instagram in Nigeria may severely affect millions of small businesses and jobs, according to tech industry experts. Over 56% of Nigeria’s 39.6…
SEC to Convene Market Stakeholders Over Boosting Investment Confidence
The Securities and Exchange Commission (SEC) has announced the upcoming First Quarter Capital Market Committee meeting, set for May 19 in Victoria Island, Lagos. The meeting will focus on the…
Dangote Accuses Major Marketers, Not NNPC Board, of Delaying Refinery Operations
Aliko Dangote, President of Dangote Group, has accused major oil marketers and traders of undermining the success of his $20 billion refinery in Lekki, Lagos. He clarified that his statements…
Tinubu Approves $122bn Investment Drive to Revamp Nigeria’s Power Sector
President Bola Tinubu has officially approved the National Integrated Electricity Policy, a key plan aimed at attracting $122.2 billion in investments to reform Nigeria’s power sector. At a Federal Executive…
SERAP, Editors Slam Crackdown on Journalists and Activists
The Socio-Economic Rights and Accountability Project (SERAP) and the Nigerian Guild of Editors (NGE) have called on President Bola Tinubu to stop the misuse of Nigeria’s Cybercrime Act, which they…
EFCC Speaks on VDM’s Arrest as HURIWA Criticizes Agency
The Economic and Financial Crimes Commission (EFCC) has arrested popular social media influencer Martins Vincent Otse, widely known as VeryDarkMan, over allegations of cyberstalking. An EFCC official, who spoke anonymously,…