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The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, said Dangote Refinery would buy Nigeria’s crude oil in Naira and also sell petrol to Nigeria in naira when it commences production.

Dangote refinery to buy Nigerian crude in Naira, sell petrol in Naira

The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, said Dangote Refinery would buy Nigeria’s crude oil in Naira and also sell petrol to Nigeria in naira when it commences production.
The Minister of Mines and Steel Development, Olamilekan Adegbite, on Tuesday said the Federal Government had been able to recover 25 sites from 2007 that the programme started.

Minister urges mining companies to prioritize host communities’ welfare

The Minister of Mines and Steel Development, Arc Olamilekan Adegbite, Saturday, urged mining companies to prioritize the welfare of host communities for smooth operations.

CBN governor: Dangote refinery to sell refined crude to Nigerian government in Naira

The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, says arrangement is being made to enable the Dangote Refinery sell refined crude to Nigeria in naira when it commences production.

CBN boss pledges accommodative monetary policy to boost economic growth

Emefiele, said this on Friday, while speaking at a CBN/Bankers’ Committee’s initiative for economic growth, which is a one-day special summit on the economy by bank chief executive officers.
Emmanuel Nwude, a businessman, who was convicted of defrauding a Brazilian bank of $242 million, has denied knowing the source of the funds while testifying on Thursday before an Ikeja Special Offences Court in Lagos State.

Emmanuel Nwude: Olisa Agbakoba dumped me after collecting N27 million

Emmanuel Nwude, a businessman, who was convicted of defrauding a Brazilian bank of $242 million, has denied knowing the source of the funds while testifying on Thursday before an Ikeja Special Offences Court in Lagos State.

Deadlock in SEC case as Oando appeals court ruling

On Thursday, February 25, 2021 in a ruling presided over by Justice Giwa Ogunbanjo at the Federal High Court, Abuja, the judge declined jurisdiction to hear suits brought by Oando PLC and its directors against the Securities and Exchange Commission (SEC). The judge stated that the Investment and Securities Tribunal (IST) would be the appropriate forum to hear the matter.
The Stockfish Dealers Association has called on the federal government to grant importers of stockfish access to the foreign exchange.

Nigerian stockfish dealers seek access to forex

The Stockfish Dealers Association has called on the federal government to grant importers of stockfish access to the foreign exchange.
Prosecutors in Malta charged two men on Wednesday with supplying the bomb used to kill journalist Daphne Caruana Galizia.

Two men charged with supplying bomb that killed Maltese journalist

Prosecutors in Malta charged two men on Wednesday with supplying the bomb used to kill journalist Daphne Caruana Galizia.
Gabriel Jesus scored Man City's second goal of the game. GETTY

Manchester City equal Manchester United’s Champions League record in win vs Monchengladbach

Manchester City equalled the Champions League record of rivals Manchester United, following their 2-0 win at Monchengladbach in Wednesday’s first-leg tie in Germany.

Niger Delta militants threaten to bomb Lagos, Abuja

The last has not been heard of the face-off between the federal government and Niger Delta militants over the continual marginalization of the people of the Niger Delta region.
Vince Muscat, one of three men accused of murdering Maltese investigative journalist Daphne Caruana Galizia in 2017, was sentenced to 15 years in prison on Tuesday after changing his plea to guilty.

Man handed 15-year prison sentence for murder of Maltese journalist

Vince Muscat, one of three men accused of murdering Maltese investigative journalist Daphne Caruana Galizia in 2017, was sentenced to 15 years in prison on Tuesday after changing his plea to guilty.
President Goodluck Jonathan

Ex-President Jonathan hosts Gambian political class in Abuja

In his quest to facilitate a common front in the build up to the making of a new constitution for The Gambia; Nigeria’s immediate past President, Dr. Goodluck Jonathan is playing host to the country’s top political leaders in Abuja.

Oando: Court stops SEC from infringing on shareholders rights

The disgruntled shareholder, filed that the directive of the SEC suspending Oando's Annual General Meeting is in breach of his right to freedom of association as guaranteed under Section 40 of the Nigerian Constitution and Articles 9, 10 & 11 of the African Charter on Human and Peoples Rights.

ICPC boss says virtual assets, cryptocurrencies risky for Nigeria

The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye, SAN, on Tuesday said virtual assets and cryptocurrencies are risky for implementation in Nigeria.
Babajide Olusola Sanwo-Olu (born June 25, 1965) is a Nigerian politician and the current Governor of Lagos State.

Lagos government to take 24 % equity in TBS, Trade Fair complex

The Lagos State government has offered to take up 24 per cent of the Tafawa Balewa Square and Lagos International Trade Fair Complex.

Arms deal corruption trial against South African ex-president to start in May

A corruption case against former South African President Jacob Zuma and French company Thales related to a $2 billion arms deal will begin on May 17, a court said on Tuesday.
Luca Attanasio had been Italy’s head of mission in Kinshasa since 2017 and was made ambassador in 2019. Italian foreign ministry-AFP-Getty Images

DR Congo identifies rebels responsible for Italian ambassador’s death

Authorities of the Democratic Republic of the Congo (DRC) on Monday evening identified rebels of the Democratic Forces for the Liberation of Rwanda (FDLR) movement as being responsible for an ambush that killed Italian Ambassador to the country Luca Attanasio.
FILE PHOTO - Iran's Supreme Leader Ayatollah Ali Khamenei delivers a televised speech, in Tehran, Iran January 8, 2021. Official Khamenei Website-Handout via REUTERS

Ali Khamenei: Iran may enrich uranium to 60% purity if needed

Supreme Leader Ayatollah Ali Khamenei said on Monday Iran might enrich uranium up to 60% purity if the country needed it and would never yield to U.S. pressure over its nuclear activity, state television reported.

Nigerian government approves N35.4 billion for provision of electricity in Kano, Calabar free trade...

The Federal Government has approved the sum of N35.4 billion for the improvement of electricity infrastructure in both Kano and Calabar Free Trade Zones.

Industrialist: How to end unemployment

An industrialist, Chief Fatai Soewu has said that for unemployment to end in the country, the federal and state governments should invest into the agriculture sector.
Around 2am on Wednesday, armed men broke into Government Science College, Kagara, Rafi Local Government Area of Niger State.

Nigerian government may swap kidnaped Kagara schoolchildren for arrested bandits

In a bid to secure the release of 27 pupils and 15 workers of Government Science College, Kagara, abducted by bandits during the week, there are indications that the Federal Government may consider releasing arrested bandits in exchange for the schoolchildren.

General Abdulsalami: Nigeria may be heading for disintegration

A former Head of State, Abdulsalami Abubakar, has warned that Nigeria could disintegrate if the violence and other security challenges currently witnessed in many parts of the country are not curtailed.

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Ex-VP Namadi Sambo advocates shift in Nigerian educational system

Former Vice President Namadi Sambo has advocated for a dynamic approach of the Nigerian educational system to produce employees with skills and ability to handle complex jobs and create opportunities for others.
The National Agency for Food and Drug Administration and Control (NAFDAC) says it has not approved any drug or vaccine for the treatment of COVID-19.

NAFDAC busts alleged illegal maize flour production facility in Yobe

The National Agency for Food and Drug Administration and Control (NAFDAC) says it has busted an alleged illegal maize flour production outfit in Potiskum town of Yobe.
Osun Governor Adegboyega Oyetola

Osun governor condemns ethnic colouration in fight against terrorism

Governor Gboyega Oyetola of Osun State has condemned the ethnic coloration in which the fight against terrorism and insurgency is taking in Nigeria.
Nobel laureate, Prof. Wọlé Soyinka, has warned that the conflict between Fulani herdsmen and farmers in different states of the federation can degenerate into civil war if the federal government fails to properly handle it.

Wole Soyinka to Nigerians: Don’t accept child hostage taking as a way of life

Following the Friday abduction of over 300 school children in Jangebe in Zamfara State, Nobel laureate, Prof. Wole Soyinka, on Saturday warned Nigerians against accepting kidnapping of school children in parts of the north as a way of life.
A former Chief of the Air Staff (CAS), Air Chief Marshall Nsikak Eduok, is dead.

Former NAF chief Nsikak Eduok laid to rest in Akwa Ibom

It was a harvest of tributes for a former Chief of Air Staff, late Air Marshall Nsikak Eduok as his remains were laid to rest in his hometown in Ibesikpo Asutan, Akwa Ibom state on Saturday.

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Seventy-five members of the Boko Haram and Islamic State West Africa Province (ISWAP) terrorist groups have been killed by the military across the North East in the last six weeks.

Troops foil Boko Haram attack, rescue passengers in Borno

Nigerian troops have foiled an attack from Boko Haram and ISWAP and rescued passengers along the Maiduguri-Damaturu highway in the Auno axis of Borno State.
The Lagos State Government on Sunday noon announced the reopening of Third Mainland Bridge earlier than 7 pm scheduled time.

Minister: Third Mainland Bridge will be totally reopened ‘this weekend’

Minister of Works and Housing, Mr Babatunde Fashola, said on Thursday that the Third Mainland Bridge in Lagos undergoing repairs, would be totally reopened to traffic ‘’this weekend’’.
RB Leipzig swept past Hertha Berlin with a 3-0 away win on Sunday to cut Bayern Munich's lead at the top of the Bundesliga table to just two points.

RB Leipzig move to within two of Bayern Munich after beating Hertha Berlin

Leipzig capitalised on Bayern's 2-1 defeat at Eintracht Frankfurt 24 hours earlier. A long-range goal by captain Marcel Sabitzer gave second-placed Leipzig a first-half lead in Berlin. A superb second-half strike by defender Nordi Mukiele and a header from centre-back Willi Orban sealed the victory.
Sheffield Wednesday are set to take legal action against Leicester City over the transfer of forward George Hirst.

Championship club ‘set to take legal action’ against Leicester City

Sheffield Wednesday are set to take legal action against Leicester City over the transfer of forward George Hirst.
NDLEA

NDLEA: Nigerian kidnappers now ask for ransom payment in drugs

Chairman/Chief Executive Officer of the National Drugs Law Enforcement Agency, NDLEA, Brigadier-General Buba Marwa (rtd) has expressed regret that the drugs abuse situation in the country is so bad that criminal elements especially kidnappers and armed bandits now ask for payment of ransoms in drugs.