NewsReports

Edo State Governor-elect, Senator Monday Okpebholo, has denied ever signing any deal with the Chinese government to the tune of $45.21m for flyover bridges. He, therefore assured the people of the state that he would not be another memorandum of understanding (MoU) governor like Godwin Obaseki. Okpebholo gave the assurance weekend while reacting to allegation by the People’s Democratic Party …

Nigeria’s Dangote refinery, larger than any other in Africa or Europe, has shipped its first seaborne petrol cargo as a vital fuel-producing unit continues to ramp up, Bloomberg reported yesterday. The Sabaek sailed with about 500,000 barrels of the petroleum product from Dangote to the nearby commercial hub of Lagos in recent days, according to a port report and ship-tracking …

•Modular refineries don’t refine petrol — Analyst•Nigerians should consider CNG, others — 11Plc Despite efforts to expand domestic capacity, there were indications, yesterday, that Nigeria would continue to import Premium Motor Spirit, PMS, also known as petrol, in the short and medium term because of the government deregulation policy, the inability of modular refineries to refine petrol, lack of funds …

Justice Joyce Abdulmalik of a Federal High Court in Abuja, yesterday, reserved her judgement in a suit seeking to stop the release of federal monthly allocations to Rivers State. Justice Abdulmalik, who said that the date for her judgement would be communicated to parties, took the decision after all parties had argued for and against the originating summons filed by …

It is no longer news that President Bola Tinubu has sacked six ministers in a major cabinet reshuffle. The reasons he rejigged his team for the third time, technically, since he was sworn in on May 29, 2023, are raising dust in the polity. Fresh insights on why the ministers were relieved of their duties emerged last night. Although, the …

The Federal High Court in Abuja has summoned the Director-General of the State Security Service (SSS), Adeola Ajayi, to defend himself over the secret police’s alleged continued refusal to allow lawyers access to Nnamdi Kanu. Mr Kanu, who is facing terrorism charges, is the leader of the Indigenous People of Biafra (IPOB). The IPOB leader has been in detention since he was …

Nigeria’s Aviation Minister, Festus Keyamo, on Friday, said divers deployed to recover the remaining bodies and wreckage from the Port Harcourt helicopter crash that occurred on Thursday are yet to find any. PREMIUM TIMES reported the accident involving a Sikorsky SK76c helicopter with registration number 5N-BQG, operated by East Wind Aviation in Rivers State. The Nigerian National Petroleum Company Limited (NNPC Ltd) said the …

The Central Bank of Nigeria (CBN) has dismissed reports suggesting that the old N200, N500, and N1,000 banknotes will cease to be legal tender on December 31, 2024. In an official statement issued on October 24, 2024, and signed by Sidi Ali Hakama, the Acting Director of Corporate Communications, the CBN clarified that these claims are false and aimed at …

The Senate will start the screening of the seven Nigerians who were nominated for appointment as ministers by President Bola Tinubu next Wednesday. Senate President Godswill Akpabio, yesterday read Tinubu’s letter which requested the Red Chamber to consider the nominees for necessary screening and confirmation. The ministerial nominees for Senate’s consideration and approval are: Dr Nentawe Yilwatda (Humanitarian Affairs and …

He said the meeting was convene to bring all the organs together and chart a new course for the party first to win the upcoming governorship election in Ondo State as well as rescuing Nigeria from APC’s misrule in 2027. “We would resist, with all our strength and capacity, any attempt to convert Nigeria into one-party state. “We’ll make sure …