Nigeria’s Power Crisis Has A ₦2tn Subsidy Problem
Nigeria’s decision not to increase electricity tariffs in the immediate future could leave the Federal Government with another subsidy bill approaching ₦2 trillion, as the cost of keeping tariffs below the actual cost of supplying power continues to…
UNGA81: Iran’s President Calls Trump A Bully, Says Tehran Ready To Talk
Iranian President Masoud Pezeshkian used a rare wartime address to the United Nations General Assembly to reject US threats. He also said Tehran remains open to negotiations, provided they are not conducted under duress. The speech on Wednesday came a…
Firm Prosecution Of Drug Offenders Key To Curbing Social Vices – Kano JIBWIS Chairman
By Ado Salisu, Kano The Chairman of Jama’atu Izalatil Bidi’a Wa Ikamatus Sunnah (JIBWIS), Kano State, Professor Abdullahi Saleh Pakistan, has called for firm and decisive action against drug offenders, saying effective prosecution of those…
Akwa Ibom Empowers 1,700 Farmers In Three Years – Governor Eno
By Patrick Titus, Uyo Akwa Ibom State Government has, within three years, given grants to 1,700 farmers in the state besides the approval for the acquisition of hundreds of thousands of oil-palm seedlings as part of the tree-crop revolution. The State…
Petrol Costs About N1,959 in Cameroon, N2,070 in Ghana, South Africa, While Nigeria Is N1,430 – Lokpobiri
Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has compared petrol prices across several countries, saying Nigeria’s average pump price remains lower than figures in Cameroon, Ghana and South Africa. In a report by Punch on…
CBN Cuts Interest Rate to 23%: What It Could Mean for Nigerian Businesses and Borrowers
The Central Bank of Nigeria (CBN) has made one of its biggest interest rate moves in recent years, cutting its benchmark Monetary Policy Rate (MPR) from 26.5% to 23%. CBN Governor Olayemi Cardoso announced the 350-basis-point reduction on September 22,…
TotalEnergies, AMNI Take FID On IMA Gas Field Offshore – News
TotalEnergies EP Nigeria and AMNI International Petroleum Development Company Ltd. have taken Final Investment Decision (FID) on the IMA Gas Development Project offshore Nigeria. Both companies are targeting production of 350 million cubic feet of gas…
Meta Shares Jump 11% As Muse AI Demand Adds $25bn To Zuckerberg’s Wealth
Mark Zuckerberg’s estimated fortune rose by about $25 billion in a single trading session after Meta shares surged more than 11 per cent, following strong early demand for the company’s new AI assistant, Muse. Meta shares closed at $741.25 on Monday…
Israel Has Nuclear Weapons But Is Not Subject To Inspection, Iranian President Says
According to a report by Al-Jazeera on Wednesday, September 23, 2026, Iranian President Masoud Pezeshkian has accused Israel and Western powers of applying a double standard to nuclear issues, questioning why Iran faces demands for international…
You can’t use stolen money for Hajj, Jerusalem and expect God’s acceptance — Sultan
The Sultan of Sokoto, Muhammadu Sa’ad Abubakar, has urged religious leaders in Nigeria to join the fight against corruption, warning that money obtained through corrupt means cannot be used to secure divine blessings. The Sultan stated this on Wednesday…