Author: Ogochukwu Ndubuisi

We’re Rebuilding Abuja, Building Trust, Restoring Hope in Governance – Tinubu President Bola Tinubu says his administration is rebuilding the Federal Capital Territory (FCT) to build trust and restore citizens’ hope and confidence in government. Tinubu made the remarks in Abuja on Thursday, while inaugurating the newly constructed Interchange at the intersection between Arterial Road N16 with the Ring Road II, linking Jahi District to Gwarinpa District. Represented by the Senate President, Sen. Godswill Akpabio, Tinubu noted that Abuja is changing. He said: “One interchange at a time, one road at a time, we are rebuilding trust and restoring hope.…

FG Signs 2026 Performance Pact to Promote Investment, Trade Expansion The Ministry of Industry, Trade and Investment has signed a 2026 performance contract and adopted a communiqué to accelerate industrial growth, trade expansion, and promote investment. This is according to a communique issued by Mrs Augustina Obilor-Duru, Head, Press and Public Relations of the ministry, at the end of the ministry’s 2026 two-day Management Retreat, on Thursday in Abuja. The communique reaffirmed the ministry’s commitment to accountability and economic transformation through a strategic performance contract and implementation roadmap for 2026. It said that the contract involved all the agencies and…

The Central Bank of Nigeria (CBN) on Thursday directed banks and all financial institutions

The Senate on Wednesday expeditiously passed the State Police Bill, which sought to move Nigeria

Nigeria Targets $750 Billion in Untapped Minerals With New EMERGE Programme Nigeria has launched a new plan to dig deeper literally into one of its most overlooked sources of wealth. The Early-Stage Mineral Exploration and Research Grant Endowment Programme, known as EMERGE, kicked off this week with one clear goal: unlock an estimated 750 billion dollars in mineral deposits still sitting untouched beneath Nigerian soil. The programme is built around three main pillars. The first focuses on science-driven exploration, using proper geological research to find out exactly what minerals are where and how much of them exist. The second zeroes…

Oil prices are rapidly declining towards the pre-Middle East war range as markets anticipate

Tincan Customs Command Generates N111.2bn May Revenue Tincan Island Port Command of the Nigeria Customs Service (NCS) generated N111.2 billion revenue in May 2026. The Customs Area Controller, Mr Joseph Anani, disclosed this on Wednesday in Lagos during his maiden engagement with maritime journalists. Anani said the meeting was designed to strengthen understanding and cooperation between the command and the media community. “Since assuming office on May 22, 2026, engaging critical stakeholders in the maritime sector has remained a priority,” he said. He described the media as a vital component of customs operations and a strategic partner in achieving institutional…

Kerosene Price Stood at N2,971.94 in May – NBS The National Bureau of Statistics (NBS) says the average retail price of a litre of kerosene decreased from N2,976.94 recorded in April 2026 to N2,971.94 in May 2026. The Bureau said this in its Kerosene Price Watch for May 2026, released in Abuja on Wednesday. It said the May price of N2,971.94 represented a 0.17 per cent decrease compared to what was obtained in April at N2,976.94. The report said the average price per litre of kerosene increased on a year-on-year basis by 36.62 per cent from N2,175.29 recorded in May…

Minister of Steel Development, Prince Shuaibu Audu, has called for collaboration with industry stakeholder

The Nigerian Content Development and Monitoring Board (NCDMB) is set to commence issuing