
Newspaper Headlines: $150m spent on monthly petrol importation, says CBN
Reports on the protest organised by the labour unions over the state of the economy, dominate the cover pages of Nigerian newspapers today. Source: Top Stories

More than money: How Honeywell Group’s investment is future-proofing First Bank’s legacy
On July 6, 2023, Honeywell Group Limited (HGL) bought 4,770,269,843 shares in First Bank Holding (FBNH). It was just one transaction but with multiple effects on the company, the Nigerian stock exchange and the financial history of modern Nigeria. Let us break it down. The transaction is the largest single transaction […]
‘I don’t want to die’ — colleague narrates last moments of doctor killed in elevator accident
A Twitter user with the username @LaseMoye, has described the last moments before the death of Vwaere Diaso, a medical doctor at Lagos Island General Hospital, Odan. Diaso had died on Tuesday after an elevator she was in at the general hospital, fell from the 10th floor. The deceased was said to […]
Garba Shehu: Why Buhari didn’t attend APC caucus meeting
Garba Shehu, ex-spokesperson to former President Muhammadu Buhari, has explained why his principal did not attend the caucus meeting of the All Progressives Congress (APC). TheCable reported that the APC had fixed August 2 and 3 to hold its national caucus and national executive committee (NEC) meetings, respectively. While the national caucus […]
Port Harcourt refinery will commence operations by Dec, says Tinubu
President Bola Tinubu says the Port Harcourt refinery will commence operations by December 2023. Tinubu disclosed this on Wednesday night, according to a statement by Dele Alake, special adviser to the president on special duties, communications and strategy. The president spoke at a meeting with the leadership of the Nigeria Labour Congress […]
Lateef Fagbemi: ICPC, EFCC should be merged… one investigates, the other prosecutes
Lateef Fagbemi, a senior advocate of Nigeria (SAN), says investigation and prosecution of corruption cases should not be the responsibility of one agency. Fagbemi spoke on Wednesday when he was being screened by the senate as a ministerial nominee. The legal luminary, while suggesting ways to effectively fight corruption in the country, […]
Tinubu seeks UK support on project to transport Nigerian gas to Europe
President Bola Tinubu has called on the government of the United Kingdom to deepen its partnership with Nigeria and Africa by investing more across sectors. In a statement on Wednesday, Ajuri Ngelale, media aide to the president, said Tinubu spoke when he received James Cleverly, UK foreign secretary, in his office. While […]
BREAKING: FG sues NLC, TUC over protests
The federal government has filed a contempt proceeding against the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) for allegedly defying an order restraining the unions from embarking on industrial action. The “notice of consequences of disobedience to order of the court” also called “form 48” was filed before the national […]
FG sues NLC, TUC over protests
The federal government has filed a contempt proceeding against the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) for allegedly defying an order restraining the unions from embarking on industrial action. The “notice of consequences of disobedience to order of the court” also called “form 48” was filed before the national […]
With 47 nominees, Tinubu sets new record for highest number of ‘ministers’ since 1999
President Bola Tinubu has set the record for the highest number of ministerial nominees in Nigeria’s Fourth Republic. This is five ministerial nominees more than the 42 appointed by former president Muhammadu Buhari in 2019. A week ago, Tinubu nominated 28 people to be cleared by the senate to be ministers in his […]
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