By Abiola Olawale The Nigerian National Petroleum Company Limited (NNPCL) has announced what it called a significant financial remittance of N6.96 trillion to the Federation Account from January to June 2025, according to its latest monthly report. The June 2025 Monthly Report Summary, released in Abuja, revealed that the national oil company recorded a Profit…
By Hamilton Nwosa The Central Bank of Nigeria (CBN) has maintained its benchmark interest rate, the Monetary Policy Rate (MPR), at 27.5% for the third consecutive time in 2025. The announcement was made by CBN Governor Olayemi Cardoso at the end of the apex bank's 301st Monetary Policy Committee (MPC) meeting in Abuja on Tuesday.…
By Hamilton Nwosu In a move to mend the ongoing leadership crisis within the Labour Party (LP), Dr. Yusuf Datti Baba-Ahmed, the party’s 2023 vice-presidential candidate, attended the National Executive Committee (NEC) meeting led by factional National Chairman Barrister Julius Abure in Abuja on Monday. During the meeting, Baba-Ahmed pledged to spearhead reconciliation efforts to…
By Hamilton Nwosu Nigeria’s economy has demonstrated resilience in the first quarter of 2025, achieving a year-on-year GDP growth of 3.13%, according to the latest report from the National Bureau of Statistics (NBS). This marks a significant improvement from the 2.27% growth recorded in Q1 2024. The NBS attributed this growth to the services sector,…
• Says its Unlawful By Abiola Olawale The ongoing leadership crisis within the Labour Party (LP) escalated further as the faction led by Julius Abure has declared thatv the recent appointment of Senator Nenadi Usman as interim national chairman and Senator Darlington Nwokocha as interim national secretary, are illegal and unconstitutional. The Abure-led National Executive…
By Abiola Olawale Dumebi Kachikwu, the 2023 presidential candidate of the African Democratic Congress (ADC), has alleged that Peter Obi, the 2023 presidential candidate of the Labour Party (LP), is already planning to leave the ADC-led coalition barely weeks after joining. Speaking during an interview with Channels Television, Kachikwu claimed that Obi, who joined the…
By Abiola Olawale Prominent human rights activist and a Senior Advocate of Nigeria (SAN), former Senator Shehu Sani, among other Nigerians, have criticised Kemi Badenoch, the leader of the United Kingdom’s Conservative Party, over her claim that she cannot pass Nigerian citizenship to her children due to her gender. The statement, made during an interview…
By Abiola Olawale The Nigerian Senate has issued a s warning to suspended Senator Natasha Akpoti-Uduaghan, representing Kogi Central senatorial district of Kogi state to refrain from attempting to resume legislative duties at the National Assembly until her six-month suspension expires. The directive, conveyed to her by Senator Yemi Adaramodu, Chairman of the Senate Committee…
By Abiola Olawale Prominent human rights lawyer and Senior Advocate of Nigeria (SAN), Femi Falana, has lashed Edo State Governor, Monday Okpebholo, asking the latter to immediately retract what he called a threatening statement made against the 2023 Labour Party presidential candidate, Peter Obi, and issue a public apology. The call follows Okpebholo’s remarks at…