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Rhoda Onuzulike

Sanwo-Olu Budgets N2.246trn for 2024 Fiscal Year

Lagos State Governor, Babajide Sanwo-Olu on Wednesday presented a budget proposal of N2.246 trillion to the State House of Assembly for approval for the...

Crude Oil Production, Price Benchmark, Possible–NNPC

The Nigerian National Petroleum Company Ltd. (NNPCL) has assured that projections on crude oil production and price benchmark for the 2024 Budget were realistic...

Scarcity: CBN Assures of Adequate Cash Supply

The Central Bank of Nigeria (CBN) has reassured Nigerians of enough Naira notes in circulation to cater for their cash needs. CBN’s Acting Director, Corporate...

NNPCL Generates N4.5trn Revenue in 10 Months

The Nigerian National Petroleum Company Limited (NNPCL) has generated N4.5 trillion as revenue for the federation for 2023 as at October, its Group Chief...

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BVN: Key Things You Should Know About the New Rule

The Central Bank of Nigeria has introduced a stricter compliance directive on the use of the Bank Verification Number (BVN), reinforcing its earlier regulations on identity verification across Nigeria’s banking system. The updated rule, which began phased enforcement in 2024 and is being intensified through 2025 into 2026,...

Fact Check: Did Dangote Increase Petrol Price?

Dangote Petroleum Refinery & Petrochemicals has clarified that the price of Premium Motor Spirit (PMS) remains unchanged, addressing concerns about possible instability in the downstream petroleum market. A source within the company confirmed that its pricing structure is still in place, with the gantry price at N1,200 per...

2027: Youths Storm Jonathan’s Abuja Residence, Urge Him To Contest

Hundreds of youths under the banner of the Coalition for Goodluck Jonathan on Wednesday gathered at the Abuja residence of former President Goodluck Jonathan, calling on him to contest the 2027 presidential election. The rally, which took place at Taraba Close in Maitama, disrupted traffic as demonstrators chanted slogans,...