NewsReports

•Petroleum products account for N8.54tn of N10.35tn exports  •Spain is major trading partner Nigeria’s total external merchandise trade increased to N18.80 trillion in the third quarter of the year (Q3 2023), with exports accounting for N10.35 trillion, the National Bureau of Statistics (NBS) disclosed yesterday. Total imports stood at N8.46 trillion, creating a trade surplus of N1.88 trillion. According to …

It is an honour and a pleasure to join you today to celebrate the 40th anniversary of what I consider to be one of Nigeria’s, and indeed Africa’s, finest newspapers. This milestone not only marks four decades of journalistic excellence. It also symbolises the enduring power of the press in shaping societies and fostering an informed citizenry. The Guardian has …

President Bola Tinubu has ordered a swift and thorough investigation into the military bombing of Tundun Biri village, Igabi council area of Kaduna State on Sunday night during a routine air raid of suspected terrorists. The military was reported to have accidentally fired at a group of villagers celebrating an Islamic anniversary in the village. The Army has claimed responsibility for …

The Kaduna State Government says the Nigerian Army has claimed responsibility for dropping a bomb on Tudun Biri in Igabi Local Government Area of Kaduna State which left no fewer than 30 villagers dead on Sunday. The PUNCH reports that scores of villagers in Tudun Biri in Igabi LGA of Kaduna State were killed after a bomb was allegedly dropped …

With the lack of good governance and political will, aloofness and official corruption being the real vectors of insecurity, the frustration of the Service Chiefs was discernible from their delivery. In their full complement, Service Chiefs spoke truth to power in response to a parliamentary inquest into the festering insecurity in the country. Led by the Chief of Defence Staff, …

A Senior Advocate of Nigeria, Kayode Ajulo, on Monday, alleged that some officials in the administration of the Ondo State Governor Rotimi Akeredolu were signing documents on behalf of the ailing governor. Ajulo, who is the Principal Partner of Kayode Ajulo & Co. Castle of Law, said this on Arise Television’s Morning Show programme. According to him, the deputy governor, …

Nigeria’s large delegation to the ongoing climate change conference in Dubai has continued to elicit condemnation by citizens who had been asked by President Bola Tinubu to endure the rise in the price of goods and services caused by government policies. Many Nigerians, on Saturday and Sunday, took to social media, particularly X (formerly Twitter) to vent their outrage after …

*Says private firm waived $193m debt  *Discloses huge revenue lost to NPA’s handling of pilotage  *Praises Oyetola for ‘putting Nigeria first’  *Atiku insists divestment in company not reversed *Declares new directive won’t benefit him Nigerian Ports Authority (NPA) has disclosed that the country would save a whopping $326.8 million, roughly N227.86 billion, from the agreement it reached with INTELS Nigeria …

Nigeria’s 1,411 delegates at the ongoing COP28 in Dubai are not all government-funded and include civil society actors, business persons and others who have different roles to play at the conference, a presidential aide has said. The Senior Special Assistant to the President on Media & Publicity, Temitope Ajayi, disclosed this in an article shared with PREMIUM TIMES on Sunday morning. In …

* Baker Hughes to invest in Nigeria’s refineries after meeting with Lokpobiri The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, said at the weekend that Nigeria remains on track to surpass the crude oil production quota handed down to the country by the Organisation of Petroleum Exporting Countries (OPEC).Last week, at the 36th OPEC and non-OPEC ministerial meeting, …