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BLAISE UDUNZE At the 304th policy meeting held on Wednesday, the 25th February, the Central Bank of Nigeria’s (CBN) Monetary Policy Committee cut the rate by 50 basis points to 26.5 percent from 27 percent, which has been widely described as a cautious transition from prolonged tightening to calibrated easing. …

… Exports 20m Litres Surplus   In a landmark shift for Nigeria’s downstream petroleum sector, Dangote Petroleum Refinery & Petrochemicals will supply between 60 and 65 million litres of Premium Motor Spirit (PMS) daily to meet national demand, effectively positioning the country for sustained fuel self sufficiency while exporting up …

The Gamaliel & Susan Onosode Foundation (GAMSU) has officially launched the 2026 edition of its Ideal School Campaign, an initiative designed to identify and renovate one public school in Nigeria that requires critical infrastructural support. Founded in 2013, GAMSU remains committed to improving the lives of children and young people through …

Wema Bank, Nigeria’s oldest indigenous, most innovative and pioneer of Africa’s first fully digital bank, ALAT, has announced the Top 10 nominees for its women-focused award initiative, SARA Gives to Empower Her Awards; the second edition of its She Empowers Her Award. The Top 10 nominees are: Social Entrepreneur, Bosede …

The Caretaker Chairman of a group known as “Justice Forum” comprising of leaders of Petroleum Tanker Drivers (PTD) Branch of NUPENG, South South Zone, Comrade Praise Ogidi-King on behalf of his group has accused the parent Union of being “economical with facts” amid the ongoing crisis within the Oil and …

Dangote Cement Plc (DCP), a subsidiary of Dangote Industries Limited, at the weekend in Lagos signed a landmark agreement with Sinoma International Engineering for the construction of 12 new projects and expansion of others across Africa. The landmark agreement, with an estimated investment of over $1 billion, reinforces the Company’s …

A civil society group, the Civic Alliance for Security Accountability (CASA), has described the Deputy Inspector-General of Police, Frank Mba, as a disciplined and reform-minded officer who served Nigeria with integrity, professionalism and uncommon commitment to duty for 34 years. The civil society organisation said this against the backdrop of …

Nigerian singer Peter Okoye has told a Lagos High Court that he was a co-signatory to a bank account now under investigation for fraud, revising an earlier claim that he had no involvement. The revelation emerged during the trial of his elder brother and former manager, Jude Okoye, who is …

The Economic and Financial Crimes Commission on Tuesday arraigned a former Managing Director of the Nigerian Railway Corporation, Fidet Edetanle Okhiria, before the Lagos State Special Offences Court sitting in Ikeja over an alleged fraud involving $385,000 and N165,438,000. Okhiria was arraigned before Justice Rahman Oshodi on a seven-count charge …

In this season of Ramadan, where kindness and unity take center stage, MILO is sharing in that spirit through a 30-day Ramadan gifting campaign across Northern Nigeria, reaching families and honoring the values that define the holy month. The initiative includes the donation of over 1 million sampled cups, more …