•NLC President Joe Ajaero Nigerian workers, under the aegis of the Nigeria Labour Congress (NLC), have given the federal government a two-week ultimatum to commence negotiations for a new national minimum wage and take immediate steps to reduce the price of petrol, warning that failure to meet its demands could trigger fresh industrial action....
Tinubu and a fuel pump nozzle …Being a Channels TV Editorial The federal government’s decision to offer Nigerians a 30-day discount on petrol has reopened a familiar debate: how can a government committed to ending fuel subsidies provide relief without undermining its own economic reforms? The answer may lie less in the discount itself t...
•Tinubu and Amaechi The African Democratic Congress (ADC) vice presidential candidate, Rotimi Amaechi, has claimed that he built the Lekki Deep Seaport from scratch to completion, accusing President Bola Tinubu and Lagos State Governor Babajide Sanwo-Olu of taking credit for the project. Amaechi made the claim today at an ADC stakeholders’ mee...
The federal government through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the commencement of bidding for the 2026 oil licensing round. The Commission’s Chief Executive Officer, Oritsemeyiwa Eyesan, who announced the licensing round during her closing remarks at the fifth anniversary celebration of the NUPRC ye...
The Dangote Petroleum Refinery has finally stopped the sale of Premium Motor Spirit (petrol) to major marketers importing petroleum products into Nigeria. An official of the refinery confirmed this to our correspondent, saying the refinery would no longer sell petrol to those blending Dangote fuel with imported grades, reports The PUNCH. “We a...
•Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo The federal government has warned that companies awarded access to Nigeria’s flare gas resources must demonstrate tangible progress in commercialising the gas or risk losing their awards, as it steps up efforts to eliminate routine gas flaring and attract billions of dollars in f...
Indigenous oil and gas companies now account for more than 50 per cent of Nigeria’s crude oil production, the federal government has said, describing the development as a major shift in ownership and participation in the upstream sector. The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, disclosed this during the ...
•Mayor of Housing, My-ACE China Nigeria’s worsening challenges could become major sources of wealth and development if citizens learn to turn problems into profitable solutions, the Mayor of Housing, My-ACE China, has said. China, a real estate strategist and entrepreneur, warned that failure to harness the economic opportunities in the countr...
•Tinubu Nigeria’s public debt stock rose further to N166.8 trillion in the second quarter of 2026, driven largely by increased domestic borrowing as the Federal Government continued to finance its sizeable fiscal deficit, latest data from the Debt Management Office (DMO) has shown. The debt stock, which covers obliÂgations of the federal gover...
Airbus SE announces key changes to its Board of Directors following its meeting held yesterday, Thursday, October 1, 2026. Following the announcement in April 2026 of his decision to step down, René Obermann will leave the Airbus Board of Directors effective October 1, 2026 to concentrate on his recent mandate as Non-Executive Director and inc...
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