The Nigerian National Petroleum Company Limited (NNPC) has imported and taken delivery of 300 million litres of Premium Motor Spirit to close the supply gap created in the country by the withdrawal of the wrong petrol grade.   Farouk Ahmed, the chief executive officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, said this on Wednesday in Lagos. Ahmed ...

The Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), has confirmed that there is an ongoing discussion between the United States and the Nigerian governments on the possible extradition of the suspended head of the Intelligence Response Team, DCP Abba Kyari, for his links to serial Internet fraudster Ramon Abbas, aka, Hushpuppi and five others, in the ...

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (The Authority) wishes to inform the general public that limited quantity of Premium Motor Spirit (PMS), commonly known as Petrol, with methanol quantities above Nigeria’s specification was discovered in the supply chain.   Methanol is a regular additive in Petrol and usually blended in an acceptable quantity. To ensure vehicular and equipment ...

Abubakar Malami, attorney-general of the federation, says the federal government is working with the US on the “possible extradition” of Abba Kyari, suspended deputy commissioner of police (DCP).   In July 2019, the Federal Bureau of Investigation (FBI) had revealed how Kyari allegedly collaborated with Hushpuppi, a self-confessed international fraudster, to jail one of the latter’s associates, “after a dispute ...

It has just been confirmed that a top aspirant of the Peoples Democratic Party (PDP) for the Osun 2022 gubernatorial election, Senator Ademola Adeleke has stormed out of the peace and reconciliation meeting convened by a former governor of the state, Prince Olagunsoye Oyinlola in his Okuku home.   Our sources revealed that Adeleke who has five other aspirants on ...

It has been more than 6 months since the appointment of Mariam Olusanya as the substantive Managing Director of the Guaranty Trust Bank Limited (GTBank), and she has not been active in the visibility aspect of her job.   This has been raising so many questions, while some are of the belief it because she’s not competent some are of ...

Pan African Women Empowerment Network (PAWEN), a tech-driven not-for-profit organization with a focus on leadership and economic empowerment of African women has called for applications to its 2022 cohort of the Aspiring Entrepreneurs Program (AEP).   The Aspiring Entrepreneurs Program is a FREE and INTENSIVE virtual program that equips aspiring female entrepreneurs with the Competence, Confidence, and Connections to start ...

A Former Head of Interim National Government, Chief Ernest Adegunle Shonekan, has finally laid to rest. Top personalities across the federation including Vice-President Yemi Osinbajo; former President Goodluck Ebele Jonathan; former Military Head of state, Yakubu Gowon, his wife, Victoria; Lagos State Governor, Babajide Sanwo-Olu gathered around 11am of yesterday – Friday, February 4, 2022, at the Cathedral Church of ...

Following the party National Convention, information reaching us says that APC Informs INEC   The All Progressives Congress has finally informed the Independent National Electoral Commission (INEC) of the February 26 National Convention after months of contemplating.   The ruling party directed the letter dated February 2, 2022, with reference number APC/NHDQ/INEC/19/022/14, to the Chairman of INEC, Prof. Mahmoud Yakubu. ...

Wema Bank, one of Nigeria’s troubled lenders is battling heavy liquidity crisis despite distraction with the Davido ambassadorship curve. Wema Bank may have a serious challenge withstanding the shocks Nigeria’s fragile economy might throw up as it is currently struggling with a liquidity squeeze.   Exclusively reports that the third-quarter financial result of the bank showed that Wema Bank’s liquidity ...