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Rhoda Onuzulike

Business

Minister, Ex NCDMB Boss, Disagrees Over $500m Funds

The Minister of State for Petroleum Resources, Heineken Lokpobiri, has reiterated claims that the Nigerian Content Development and Monitoring Board (NCDMB), under the leadership...

Rhoda Onuzulike -

Business

Nigerian Govt. Recovers N57bn Debt From 10 MDAs

The Federal Government of Nigeria has announced the recovery of N57 billion from the N5.2 trillion liabilities owed the Federal Inland Revenue Service (FIRS)...

Rhoda Onuzulike -

Business

Poor Financing Reason for Poor Power Supply-Minister

The Minister of Power, Adebayo Adelabu, has blamed inadequate financing and insufficient gas supply as some of the factors responsible for the energy deficit...

Rhoda Onuzulike -

Business

CBN Resumes Forex Sale to BDCs at N1,021/$

The Central Bank of Nigeria has resumed the sales of dollars to Bureau De Change operators. It disclosed this in a circular referenced TEM/FEM/PUB/001/013 uploaded...

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Court Rules Lucky Aiyedatiwa Ineligible To Seek Re-Election In 2028

The Federal High Court sitting in Akure has ruled that Lucky Aiyedatiwa is not eligible to contest the 2028 governorship election. In a judgment delivered on Thursday, Justice Toyin Adegoke held that the Nigerian Constitution does not allow an elected president, vice president, governor, or deputy governor to remain in office for more than eight years. Aiyedatiwa...

Global Crude Prices Rise: What It Means As Dangote Refinery Slashes Petrol Prices In Nigeria

Global crude oil prices climbed again on the international market, rising by about 9.2 percent, reversing part of the earlier decline that had triggered a reduction in petrol prices in Nigeria. As of the latest market updates, Brent Crude was trading around $92 per barrel, while the U.S....

Ondo Government Restricts Motorcycle Operations Across 18 LGAs

The Ondo State Government has introduced new security measures restricting the operations of commercial motorcycles across all 18 local government areas of the state. The directive, which took effect on Wednesday, limits motorcycle operations between 6 a.m. and 7 p.m., as part of efforts to strengthen security and maintain public order. The announcement was...