Mali, Burkina Faso and Niger have announced a new 0.5% levy on imported goods from Nigeria and other Economic Community of West African States (ECOWAS) member-nations. The development comes as they seek to fund a new three-state union after leaving the larger regional economic bloc, they said in a statement. According to an official statement by the trio, the levy was agreed on Friday and will take effect immediately. It will affect all goods imported from outside the three countries but will not include humanitarian aid, the statement said. It…
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Naira-For-Crude: FG, Dangote Set For Talks As Refinery Imports 12.6m Barrels
There are indications that the naira-for-crude policy of the Federal Government may continue, as impeccable insider sources familiar with the development insisted on Monday that all parties involved in the deal would reconvene soon. The first phase of the six-month deal involving the Federal Government, Nigerian National Petroleum Company Limited, and Dangote Petroleum Refinery ended March 31, 2025. It has not been renewed, and the Dangote refinery has since stopped selling refined petroleum products in naira due to the non-renewal of the naira-for-crude deal. This came as a report by…
Read MoreLagos, Kano Lead As 117 Million Nigerians Get NIN
The National Identity Management Commission has recorded a total of 117 million registrations for the National Identity Number as of February 28, 2025. According to the latest enrolment statistics from the NIMC dashboard, 66,281,803 (56.5%) of the registered individuals are male, while 51,079,521 (43.5%) are female. The data also reveals that Lagos State has the highest cumulative enrolment figure with over 12.6 million registrants, while Kano State followed with 10.2 million registrants. “NIMC’s enrollment figures as of February 28, 2025, currently stand at over 117 million unique records. The highest…
Read More“I’m Not Joking,” Trump Made Third-Term Presidential Bid Public
“There are methods which you could do, as you know.” Everything the President said in a telephone interview with NBC News on Sunday on how to bypass the US 22nd Amendment that limits presidents to a two-term tenure US President Donald Trump has indicated his interest in seeking a third presidential term, despite the Constitution barring it. In a telephone interview with NBC News on Sunday, the president said he was considering ways to breach the constitutional barrier that impedes his chance for a third bid. “No, I’m…
Read MoreWorld Bank Approves $632 Million Loan For Nigeria
The World Bank is set to approve fresh loans totalling $632m to Nigeria today (Monday) amid mounting concerns over the country’s rising debt profile, The PUNCH reports. The loans are to support critical areas, including nutrition improvement and quality basic education. Information obtained from the World Bank’s website on Sunday showed that the two loans expected to be approved today include $80m for the Accelerating Nutrition Results in Nigeria 2.0 project and $552m for the HOPE for Quality Basic Education for All programme. Both projects are currently in the negotiation…
Read MoreNigerians To Pay More For Petrol Amid Domestic Dispute, Crude Price Hike
The Federal Government’s failure to renew the Crude for Naira agreement between NNPC Limited and Dangote Refinery, along with rising global crude oil prices, is set to push petrol pump prices higher across Nigeria in April and beyond. The six-month agreement, which expired in March, was initially brokered by the government last year. It allowed the national oil company to supply crude oil to the 650,000-barrel-per-day Dangote Refinery, with payments made in Naira. Despite initial challenges, the deal gradually reduced petrol prices from over N1,000 per litre to around N820,…
Read MoreDNA: Should Some Secrets Be kept Forever?, By Funke Egbemode
Are women now more wayward than before or is it science that is blowing modern wind to expose the rump of the hen? Are there really more ‘bastards’ than the ‘children of husbands’ in many homes these days? This DNA problem is steadily becoming a problematic epidemic, isn’t it? It is querying the integrity of our men’s manhood and stripping our women of their belts of chastity. Even good wives are being subjected to bombastic side eye when their husbands think they are not looking. Hitherto regarded great wives are…
Read MoreTanker Explosion Kills 555 Nigerians In 5 Years – FRSC
No fewer than 555 persons lost their lives in different petrol tanker fire explosions across Nigeria between January 2020 and January 2025, a Federal Road Safety Commission data has revealed. Joyce Alexander, Sector Commander, FRSC, Anambra State Command, made the data known in Awka, the state capital on Thursday. She spoke during a town hall meeting on: “Tanker and Trailer Safety Challenges in Nigeria.” Alexander said the crashes, numbering about 80, also resulted in hundreds of persons being injured, as well as buildings, vehicles, and other valuables worth millions being…
Read MoreFubara Ordered Rivers Assembly Bombing – Ex-Hos
. Suspended gov Fubara reacts, dismisses Allegation Former Head of the Rivers State Civil Service, Dr. George Nwaeke, has accused suspended Governor Siminalayi Fubara of ordering the bombing of the state House of Assembly complex in 2023 to prevent his impeachment by lawmakers loyal to the Minister of the Federal Capital Territory, Nyesom Wike. Fubara has, however, denied the allegation, asking Nigerians to disregard it. Nwaeke, who recently resigned as Head of Service, made this revelation during a news briefing on Friday. He claimed to have witnessed…
Read MoreGlobal Outcry As Trump Slams 25% Tariffs On Imported Vehicles
World powers on Thursday blasted US President Donald Trump’s steep tariffs on imports of vehicles and car parts, vowing retaliation as a widening trade war intensifies. Major car exporter Germany called for a firm response from the EU, while Japan said it “will consider all options.” Stock markets across Asia and Europe skidded into the red as auto manufacturers from Toyota to Hyundai and Mercedes led the plunge. The US duties will take effect at 12:01 am (0401 GMT) on April 3 and impact foreign-made cars and light trucks. Key…
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