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Enyosa Favour

Rivers State Revokes N134bn Secretariat Contract, Orders N20bn Refund

The Rivers State Executive Council has revoked the ₦134 billion contract awarded to the China Civil Engineering Construction Corporation (CCECC) for the renovation and...

Nigeria’s Rising Debt And The Urgent Need For Revenue Reform

Nigeria’s public debt has risen to ₦152.40 trillion as of June 30, 2025, an increase of ₦3.01 trillion in just three months, according to...

US Revokes Six Visas Over Charlie Kirk’s Assassination Comments

The United States Department of State has revoked the visas of at least six foreign nationals after they posted messages on social media celebrating...

TCN Begins 10-Day Maintenance On Gombe Transmission Substation

The Transmission Company of Nigeria (TCN) has announced the commencement of a 10-day maintenance exerciseon its major transmission substation in Gombe State, a move...

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CBN Withdraws Operating Licences Of Two Mortgage Banks

The Central Bank of Nigeria (CBN) has withdrawn the operating licences of two mortgage banks. The apex bank explained that the move is part of renewed efforts to clean up the mortgage sub-sector and ensure strict adherence to banking laws and regulatory standards. The two banks affected are Aso...

Dangote Refinery Slashes Petrol Price as MRS Sells At ₦739/Litre

Barring any last-minute changes, MRS Oil and other partners of the Dangote Petroleum Refinery are set to begin selling petrol at ₦739 per litre from Tuesday, following a major reduction in the refinery’s ex-depot price. The Dangote Petroleum Refinery recently slashed its gantry price for Premium Motor Spirit...

Australian Police Say Bondi Beach Attackers Inspired By ISIL

Australian police say the deadly shooting at a Hanukkah gathering in Sydney’s Bondi Beach was carried out by two men who were influenced by the extremist group ISIL. Authorities confirmed that the attack, which claimed the lives of 15 people, is being treated as an act of terrorism....