News

World Bank Advice Risks Dragging Nigeria Back into Fuel Import Trap, Violates Petroleum Law — Energy Experts Warn

  Energy experts have criticised recent recommendations by the World Bank urging Nigeria to deepen fuel importation and fully liberalise its downstream petroleum sector, warning that the advice is ill‑timed, economically regressive and in direct violation of the Petroleum Industry Act (PIA). An energy economist and professor, Ken Ife, faulted …

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CIBN Elects Alabi President, Jaiz Bank MD Treasurer

The Chartered Institute of Bankers of Nigeria (CIBN) has elected Dr Dele Alabi the institute’s immediate past first vice president, as its new president. Alabi was elected during the hybrid Annual General Meeting (AGM) and election of the CIBN in Lagos. The institute also elected the managing director of Jaiz …

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10 killed, 20 injured as truck crashes in Niger state

The Federal Road Safety Corps (FRSC) says 10 persons lost their lives while 20 others sustained injuries on Monday after a truck crashed along the Tafa-Gujeni route in Malam Tanko, Niger State. In a statement on Monday, Felicia Kalu said the accident occurred around 8:20am within the Tafa axis and …

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