By NINI NDUONOFIT-AKOH DANGOTE Petroleum Refinery will suspend petrol sales in naira starting Sunday 28 September 2025, after exceeding its crude allocations for local currency transactions. In a statement, the company said it could no longer sustain naira-denominated sales of PMS. Customers who already paid in naira have been advised to apply for refunds. The […]
By DAVID JOHN-FLUKE An Economy of Desperation WHEN Temitope Afolabi’s husband faced imprisonment over a ₦48 million debt, she turned to surrogacy to save her family. Paid just over ₦2.2 million for carrying another couple’s child, she was promised transportation, accommodation, and medical support. But in reality, she was underpaid, overworked, and left with serious […]
By TOSI ORE FILM curator Don Pedro Aganbi says Nigeria can curb rising online piracy by combining technology with stronger laws and enforcement. He noted that tools like AI, digital watermarking, content fingerprinting, and blockchain tracking can monitor and flag pirated works across websites, social media, and file-sharing platforms. He also urged telecoms and ISPs […]
By HALIMA TAKWAS THE National Hajj Commission of Nigeria (NAHCON) has announced a reduction in the cost of the 2026 pilgrimage to Mecca, with fares set between ₦8.1 million and ₦8.5 million depending on departure zones. NAHCON Chairman, Prof. Abdullahi Saleh Usman, said the new structure—approved by the Federal Government—offers pilgrims an average saving of […]
By OBIOMA TORI THE Federal Government has launched a scheme to provide free business name registration for 250,000 micro and small enterprises nationwide. The initiative, driven by a partnership between the Corporate Affairs Commission (CAC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), aims to formalise businesses, expand access to finance, and […]
By ESTHER McWILLIS-IKHIDE DANGOTE Petroleum Refinery has dismissed claims by PENGASSAN that it sacked workers for joining the union, describing the allegation as “unfounded and misleading.” In a statement, management said the ongoing reorganisation was to strengthen operations and address sabotage risks, not union activity. The refinery noted that over 3,000 Nigerians remain employed, with […]
By FIDELUS ZWANSON AT least 20 state governments borrowed a combined ₦458 billon in the first half of 2025, despite receiving record allocations from the Federation Account, an investigation has revealed. Data reviewed from budget reports and FAAC disbursements show states collected ₦3.43 trillion between January and June 2025, a 43% jump from the ₦2.40 […]
By TAYO TAIWO (T.T.) OLUWOLE The Eselu of Iselu Kingdom, Oba Ebenezer Akinyemi, has urged Lagos State Governor Babajide Sanwo-Olu to order the arrest of social media influencer Mandy Kiss over her plan to stage a “sex marathon” with 100 men in a single day. Mandy Kiss, who set 30 September in Ikorodu for the […]
By TINA TOLUTOPE The Case for ADR NIGERIA’S insolvency regime has strong statutory foundations but weak procedures that leave businesses and creditors trapped in endless litigation. Justice Onyekachi Otisi of the Court of Appeal underscored that the system’s reliance on already overstretched courts undermines the speed and efficiency corporate rescues demand. She argued that Alternative […]
By FRED LONGJOHN OBEH AS part of the Nigeria@65 Independence Golf Tournament, two enthusiasts have donated new facilities to the Tukur Yusuf Buratai International Golf Resort and Country Club (TYB-IGRCC), Abuja. The donations include a Back Nine Starter shed by Brig.-Gen. Mustapha Onoyiveta (rtd.) and a Halfway House by businessman Chief Samuel Ayanmele. The club […]