Nigerian

Despite a strong appeal from authorities urging them to reconsider, the organizers of the Take-It-Back Movement are resolute in their plans for a nationwide protest. Scheduled for April 7, this action is not merely a display of dissent; it is a reaction against what they perceive as an overreach by the Bola Tinubu administration. The Nigeria Police Force has denounced the timing of the protest, describing it as “ill-conceived and mischievous,” highlighting its coinciding date with the inaugural National Police Day…

Navigating the Undulating Terrain of Nigeria's Oil Market Last week marked a significant shift in global oil prices, as crude oil saw its value tumble to depths not seen since 2021. Was it former President Trump's imposing import tariffs that sparked this? Perhaps it was the unexpected increase in oil supply by OPEC+ that sent ripples through the market, slicing a hefty $10 from global benchmarks per barrel. And suddenly, by Friday, the crude oil prices had plummeted to $65 a barrel. For many, this…

On the morning of April 2, Judge Irma Schoeman delivered a pivotal ruling that reverberated through the South African judicial system. She articulated a stark reality: prosecutors had not met the burden of providing evidence that could withstand rigorous scrutiny. This verdict has left many questioning the integrity of the prosecution's strategy and the implications of such a decision. The Timothy Omotoso trial, a case that has captured national attention, delves into the troubling underbelly of religious manipulation and…

In a decisive move, President Bola Tinubu has announced the dissolution of the board of the Nigerian National Petroleum Company (NNPC). This sweeping change includes the removal of Group Chief Executive Officer Mele Kyari and board chairperson Pius Akinyelure, signaling a significant shift in Nigeria's approach to its vital petroleum sector. According to presidential spokesperson Bayo Onanuga, Tinubu’s actions affect all board members appointed alongside Akinyelure and Kyari back in November 2023. This board overhaul can be…

Nigerian health officials have issued alarming reports of thousands of suspected Lassa fever cases emerging across 33 states from January to March 2025. The gravity of the situation is underscored by the somber reality that over a hundred individuals have lost their lives to this virulent disease. As this outbreak unfolds, one cannot help but ponder, how many more lives hang in the balance? In response to this escalating crisis, the Nigerian Center for Disease Control and Prevention (NCDC) has swiftly activated the Lassa…

Elumelu Joins Prestigious IMF Advisory Council The International Monetary Fund (IMF) has recently welcomed Tony Elumelu, a prominent figure in the African business landscape, to its Advisory Council on Entrepreneurship and Growth. By joining this council, Elumelu is not only expanding his influence but is also seated amongst a group of global luminaries. Alongside him are distinguished professionals like Professor Ufuk Akcigit from the University of Chicago, HRH Ambassador Reema Bandar Al-Saud…

Nigeria's Polypropylene Revolution: A New Dawn in Industrial Resilience An intriguing transformation is brewing within Nigeria's industrial landscape. With strategic investments from leading industrial conglomerates such as the Dangote Group, the country is poised to significantly diminish its dependency on imported raw materials, especially within the textile sector. But what does this shift truly signify for the nation at large? Imagine being able to save a staggering $267 million in…

In a recent development in Nigerian politics, the Senate ethics committee has dismissed a poignant petition brought forth by Senator Natasha Akpoti-Uduaghan. The petition accused Senate President Godswill Akpabio of severe allegations, including sexual harassment, abuse of office, and impediments to legislative duties. The committee's ruling hinged on a critical point: the case is currently under judicial consideration. The atmosphere during the hearing was far from serene. Representing the suspended Senator…

In a world where oil is king, a document from the Nigerian Port Authority brings to light intriguing developments reported by Punch Newspaper. Between the dates of March 17 and March 23, no less than seven vessels teeming with imported petrol are anticipated to make their way to Nigeria's seaports. These seaports dot the country's coastlines, serving as gateways to millions of Nigeria’s inhabitants dependent on petrol imports. Delving deeper into the numbers, these vessels are not just mere…

Niger Delta: A Complex Paradox of Wealth and Poverty The Niger Delta, a vibrant oil-producing region in Nigeria, is both a source of immense national wealth and a ground of profound challenges. Here, in this lush expanse, lie contradictions as deep as the oil reserves below: prosperity marked by neglect, opportunity shadowed by environmental decay. How did such a resource-rich area become embroiled in a saga of struggle? The oil sector, undeniably, is the lifeline of Nigeria's economy. It has catalyzed economic growth,…