General

Mele Kyari, group chief executive officer (GCEO), Nigerian National Petroleum Company (NNPC) Limited, says the country will stop importing petroleum products by mid-2023.  Kyari spoke on Tuesday during a press briefing at the state house in Abuja. He said the combination of output from the Dangote refinery (scheduled to begin next year) […]

Fidelity Bank Plc says it has entered a binding agreement to acquire a 100 percent equity stake in Union Bank UK Plc. The bank said this in a corporate filing on the Nigerian Exchange Limited (NGX) signed by Ezinwa Unuigboje, the company secretary. Fidelity Bank said the Central Bank of Nigeria (CBN) […]

The Academic Staff Union of Universities (ASUU) says its national executive council (NEC) has resolved to convert the roll-over strike into a “comprehensive, total and indefinite” strike.  Emmanuel Osodeke, the president of the union, said this in a statement on Monday.  Osodeke said the indefinite strike takes effect from 12:01am on Tuesday. […]

The presidency says the Startup Bill recently passed by the national assembly will be the legacy of President Muhammadu Buhari when he signs it into law. The presidency said this in reaction to a tweet by Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP). In July, both chambers of the […]

A house of representatives committee says the office of the accountant-general operates an analogue system.  James Faleke, chairman of the committee on finance, said this on Monday at an interactive session on the 2023-2025 medium-term expenditure framework (MTEF). The Federal Road Safety Corps (FRSC), which was among the government agencies that appeared […]

The federal government has proposed to borrow over N11 trillion to finance the proposed 2023 budget deficit, a development far above the stipulated threshold in the Fiscal Responsibility Act. Zainab Ahmed, minister of finance, budget and national planning, said this on Monday while appearing before the house of representatives committee on finance to […]

Usman Baba, the inspector-general of police (IGP), has warned against repeated assault on police officers across the country. Recently, videos showing police officers on duty having squabbles with citizens have surfaced on the internet. Speaking on the development, Baba warned that the police force would no longer tolerate attacks on officers in […]

Bola Tinubu, presidential candidate of the All Progressives Congress (APC), says he is in the 2023 presidential race to do what is right for Nigerians. In a tweet on Monday, the former Lagos governor said he is in the race to answer “a higher calling” which is his love for Nigeria. “We […]

The federal high court in Lagos has restrained President Muhammadu Buhari and the National Broadcasting Commission (NBC) from revoking the licences of 53 broadcast stations in the country. Akintayo Aluko, the presiding judge, granted an order of interim injunction on Monday while ruling on an ex parte application filed by the Socio-Economic Rights […]