The Federal Government has announced plans to secure a total investment of $122.2bn to diversify the country’s energy sources, reduce dependence on the national grid, and enhance the overall stability and sustainability of the nation’s energy infrastructure. The amount to be raised between 2024 and 2045, representing 21 years, is to ensure energy diversification from […]
Refineries in India have turned to Nigeria for the supply of crude oil following a drop in imports from Russia. This came as the Dangote Petroleum Refinery in Lekki, Lagos, has successfully purchased its first shipment of one million barrels of Algeria’s high-quality light sweet Saharan Blend crude Bloomberg reports that India’s crude oil imports […]
Naira closed February 2025 with an 8.5 per cent gain month-on-month on the parallel market to settle at 1,490/$, while it closed at 1,500/$ on the official market, indicating a 1.7 per cent m/m decline. According to the Afrinvest Monthly Market Report, the foreign reserve dipped by 3.2 per cent month-on-month. As of Thursday, it […]
Nigeria goalkeeper Stanley Nwabali delivered a commanding performance for Chippa United, earning the Man of The Match award in their goalless draw against Richards Bay in the South Africa Premier League on Saturday. Nwabali’s excellent display is a timely return to form ahead of the Super Eagles‘ upcoming World Cup qualifiers against Rwanda and Zimbabwe. The […]
According to Italian outlet Tuttojuve, Arsenal are plotting to sign on-loan Napoli forward Victor Osimhen in the summer transfer window with an offer around £65m being prepared by the Gunners. The report adds that the North London club are ready to trigger his release clause by placing a €75m (£61m) bid to sign the forward […]
There is a palpable fear of escalation of violence after six people were killed in the state on Monday. One of the casualties reportedly had a gaping hole in the head as he lay in a pool of blood. This bestiality has no place in a democracy. It must stop.The violence dated back to the […]
Finalists have emerged for the national playoffs of the 2025 President Federation Cup. Two teams qualified from each state of the federation. Heartland and OISA FC qualified from Imo State, Enyimba and Ahudiyannem FC made it from Abia, while Kwara United and Abubakar Bukola Saraki FC picked the slots from Kwara State. Other qualified teams […]
The United States Agency for International Development, on Sunday, at 11:59 p.m. placed no fewer than 1,600 employees worldwide on administrative leave. The administrative leave was announced in a statement titled “Notification of Administrative Leave”, on the agency’s website. “As of 11:59 p.m. EST on Sunday, February 23, 2025, all USAID direct hire personnel, with […]
Pope Francis, in a critical condition with pneumonia since he was hospitalised on February 14, had a good night and was resting, the Vatican said Monday. “The night passed well, the pope slept and is resting”, it said in a brief statement as Francis, 88, entered his 11th day at the Gemelli hospital in Rome, […]
French President Emmanuel Macron will meet with his US counterpart Donald Trump in Washington on Monday, saying he will present “proposals for action” to counter the “Russian threat” in Europe and ensure peace in Ukraine. Macron is hoping to persuade Trump when the two leaders meet on the third anniversary of the war in Ukraine to […]
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