Written by •More vessels deliver crude oil, load refined products — Consultant •We are seeing favourable trade balance, foreign exchange — MEMAN By Udeme Akpan &Godwin Oritse, Nigeria has recorded a sharp increase in its crude oil imports by 26.5 per cent to 5,665,602 metric tons in the first half of 2025 (H1’25), from 4,478,413 metric tons … Continue reading “Crude oil imports hit record high as Dangote Refinery reshapes trade flow”
Nigeria’s billionaire businessman, Mr Femi Otedola, yesterday waded into the ongoing fuel supply disagreement between the Dangote Refinery and the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), advising the association to innovate or perish. The philanthropist stressed that he had followed the debate around the fuel supply issues between both parties recently, the … Continue reading “Otedola to DAPPMAN: Your business model outdated, Dangote transforming petroleum sector”
By Dickson Omobola & Matilda Ikediobi Air cargo contribution to Nigeria’s exports has suffered a setback, dropping 10 per cent between the fourth quarter of 2024 and second quarter of 2025. Despite the country’s trade potential, checks by Vanguard from the National Bureau of Statistics, NBS, showed that between Q4 ‘24 and Q2 ‘25, air … Continue reading “Air cargo exports fall amid naira devaluation, rising costs”
…Says 3,577 Sqm land rises to 4,050 sq.m By Olasunkanmi Akoni Lagos State Government has lamented that the original landmass of the State which was 3,577 Square metres, sqm has increased to 4,050 sqm due to massive reclamation of wetlands and lagoon water bodies for real estate construction, posing significant environmental and social risks to … Continue reading “Coastline threats: Lagos laments massive reclamation”
The Conference of Nigeria Political Parties, CNPP, and a coalition of 75 civil society organisations, CSOs, have said President Bola Tinubu’s appointment of an incorruptible person to replace Prof. Mahmoud Yakubu as chairman of the Independent National Electoral Commission, INEC, remained the only path of honour for him. They also sought far-reaching electoral reforms before … Continue reading “Appointment of incorruptible INEC chair, only path of honour for Tinubu – CNPP, CSOs”
By John Alechenu Abuja—The Minister of Works, Engr. David Umahi, has said that contrary to the thinking of people in opposition, President Bola Tinubu’s administration was giving Nigerians real value for money, with investments in road infrastructure. He said this while fielding questions from journalists after a tour of ongoing road projects in the North … Continue reading “Infrastructure: Nigerians getting value for money with Tinubu — Umahi”
By Henry Umoru & Johnbosco Agbakwuru ABUJA — THE Vice President, Senator Kashim Shettima, has felicitated with the First Lady, Senator Oluremi Tinubu, as she celebrates her 65th birthday, saying the President’s wife’s empathy and warmth have touched countless lives. This is even as Senate President, Godswill Akpabio, described the First Lady as a pillar … Continue reading “Shettima, Akpabio to First Lady at 65: Your empathy has touched countless lives”
The Yauri Local Government Area has imposed a curfew from 10 p.m. to 7 a.m. following a violent clash between youths involved in gold mining in the Garin Katta community. The violence erupted after a misunderstanding among the miners, resulting in the loss of lives and destruction of property. But the exact number of … Continue reading “Kebbi Council Imposes Curfew As Youths Clash Over Gold Mining”
The fight against oil theft in the Niger Delta continues with troops sustaining pressure on criminal networks operating in the region. Over the past two weeks, security forces have dismantled nine makeshift refineries, arrested 17 suspected vandals, and seized more than 45,000 litres of stolen petroleum products. READ ALSO: Troops Seize Over 32,000 Litres Of … Continue reading “Troops Arrest Suspects, Seize Illegal Petroleum Products In Rivers, Others”
A member of the Rivers Elders Forum, Ann-Kio Briggs, has accused the Peoples Democratic Party (PDP) of betraying the trust of the people of Rivers state and Nigerians. She said the party’s failure to act decisively left residents of the state to suffer the consequences of prolonged political crises. READ ALSO: Rivers People Deserve To … Continue reading “PDP Let Rivers People Down, Says Ann-Kio Briggs”