By Ayomide Otitoju Former Kaduna State Governor Nasir El-Rufai arrived at the Federal High Court in Kaduna on Tuesday for his arraignment by the Independent Corrupt Practices and Other Related Offences Commission. El-Rufai is set to face charges of alleged corruption and abuse of office, with the ICPC accusing him of financial misconduct during his…
By Ayomide Otitoju Aliko Dangote, President of Dangote Group, has raised concerns over mounting volatility in the global oil market, warning that the ongoing Middle East conflict could exacerbate economic challenges across Africa if not resolved promptly. Speaking after a visit to Bola Tinubu in Lagos on Monday, Dangote noted that while Nigeria is not…
By Ayomide Otitoju Seyi Makinde has approved a ₦10,000 monthly transportation allowance for civil servants in Oyo State, in response to the recent increase in petrol prices nationwide. The governor announced the three-month intervention during the supervision of the YEAP-SAFER support disbursement and stakeholder engagement programme, held in collaboration with the Fashola Agribusiness Hub in…
By Ayomide Otitoju Bashir Bayo Ojulari, Group Chief Executive Officer of Nigerian National Petroleum Company Limited, has said Nigeria could raise oil production by about 100,000 barrels per day in the coming months. Ojulari disclosed this in an interview with Reuters on the sidelines of the CERAWeek by S&P Global in Houston, noting that while…
By Ayomide Otitoju The organisers of the DRC Mining Week Expo and Conference have welcomed the recent memorandum of understanding (MoU) signed between South Africa’s Industrial Development Corporation (IDC) and the Democratic Republic of Congo’s Fonds de Promotion de l’Industrie (FIP) in Cape Town. VUKA Group, organisers of the annual mining event held in Lubumbashi…
By Ayomide Otitoju Real Madrid maintained pressure on La Liga leaders Barcelona with a 3-2 win over Atletico Madrid at the Santiago Bernabeu on Sunday, courtesy of a brace from Vinícius Júnior. After Barcelona edged Rayo Vallecano 1-0 earlier in the day, Madrid kept the gap to the champions at four points. The victory marked…
By Ayomide Otitoju The Court of Appeal, Abuja Division, has overturned a National Industrial Court judgment and ordered the National Pension Commission (PenCom) to pay ₦10 million in costs for unlawful labour practices affecting 20 former employees. In a unanimous ruling, a three-member panel led by Justice Bilkisu Aliyu, with Justices Donatus Okorowa and Oyebisi…
Israel launched a fresh wave of airstrikes against Iran on Monday, as Tehran threatened retaliation against vital infrastructure across the Middle East, intensifying a conflict that has triggered the worst energy crisis in decades. Explosions were reported in Tehran, while Saudi Arabia and the United Arab Emirates intercepted missiles and drones. At least 40 energy…
By Ayomide Otitoju Rabiu Musa Kwankwaso, leader of the New Nigeria Peoples Party (NNPP), hosted prominent opposition figures at his residence in Kano on Sunday as part of the Eid-el-Fitr festivities. The gathering at Kwankwaso’s Miller Road residence included former Labour Party presidential candidate Peter Obi, Seyi Makinde, and former Bayelsa State Governor Seriake Dickson,…
