The United States imported Nigerian crude oil worth $1.34 billion between January and May 2025, reinforcing Nigeria’s position as America’s top African crude supplier despite growing pressures on broader trade flows.
The Central Bank of Nigeria’s (CBN) survey has revealed that 65.8 percent of respondents want the monetary authority to cut interest rates. The finding comes just days before the Monetary Policy Committee (MPC) convenes for its July meeting to decide on the future direction of interest rates.
FAAC Disburses N1.818 Trillion Allocation for June 2025
The Federation Account Allocation Committee (FAAC) has disbursed a total of N1.818 trillion to the Federal, State, and Local Governments as revenue generated in June 2025, marking the highest monthly allocation so far this year.
The record allocation...
Tinubu Appoints Muhammad Babangida, Sanusi Musa to Head Key Federal Institutions
President Bola Ahmed Tinubu has approved the appointment of Muhammad Babangida, son of former military President Ibrahim Babangida, and Sunusi Musa, a prominent lawyer and Senior Advocate of Nigeria (SAN), as chairmen of two...
ADG Celebrates 50th Anniversaries of Northern Universities
The Arewa Discussion Group (ADG) is celebrating the golden jubilee of four major universities in Northern Nigeria, praising them as key drivers of regional development and national unity.
In a statement released today, the Chairman of the group, Alhaji...
Dangote Fuel Discount Scheme Halted Over Fraud Claims
The Dangote Petroleum Refinery and Petrochemicals has uncovered a fresh racket involving some of its affiliate marketers and strategic partners who have been diverting subsidised refined petroleum products for profit, prompting the suspension of the refinery’s discounted...
