Author: thepublisherngr

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has revealed that Nigeria’s state-owned refineries were operating at what he described as a “monumental loss”, forcing his management team to halt operations to stop further financial damage to the country. Ojulari made the disclosure on Wednesday in Abuja during a fireside chat titled “Securing Nigeria’s Energy Future” at the Nigeria International Energy Summit 2026, where he offered a rare and blunt assessment of the operational and commercial realities of the nation’s refining assets. The NNPC boss acknowledged widespread public frustration over the refineries, noting…

Mustapha Rabiu Kwankwaso, son of former Kano Governor and NNPP national leader Senator Rabiu Musa Kwankwaso, has resigned as Honourable Commissioner for Youth and Sports Development and member of the Kano State Executive Council under Governor Abba Kabir Yusuf. In a statement released today, Mustapha Rabiu Kwankwaso announced his resignation with the following words:“It is with a heavy heart that I announce my resignation as Honorable Commissioner, Ministry of Youth and Sports Development and Member of the Kano State Executive Council.“I want to express my deepest gratitude to Governor Abba Kabir Yusuf for the opportunity to serve the great people…

The International Monetary Fund (IMF) has identified the Dangote Petroleum Refinery as a primary driver of Nigeria’s economic diversification, projecting that the facility will boost the country’s non-oil GDP by approximately 1.5% in 2026. This “refinery dividend” is expected to be a key factor in helping Nigeria reclaim its position as Africa’s third-largest economy, with total GDP projected to hit $334 billion. Beyond simple fuel production, the IMF’s outlook emphasizes the “multiplier effect” of the $20 billion project, which acts as an industrial anchor for the broader economy. The Multiplier Effect: Employment and LinkagesThe refinery’s contribution to non-oil growth is…

U.S. President Donald Trump said that terrorists “know what is coming” if they attack Christians, portraying his robust stance against groups accused of targeting Christian communities in Nigeria and suggesting the United States could respond forcefully if such violence continues. He stated this at the National Prayer Breakfast in Washington, DC on Thursday. “When Christians come under attack, terrorists know they are going to be attacked violently and viciously by President Trump. I know it is not a nice thing to say, but that is the way it is,” he added. Trump’s remarks came amid continued international attention on Nigeria’s…

The First Lady of Nigeria, Senator Oluremi Tinubu, has said many Nigerian leaders enjoy deep respect and honour internationally but are often criticised, abused and undervalued by citizens at home, blaming the trend on hate-driven narratives and political manipulation. ]b]Mrs Tinubu made the remarks in a post on her Facebook page on Friday, days after United States President Donald Trump publicly described her as a “very respected woman” during the National Prayer Breakfast held in Washington, DC[/b]. The annual event, which was attended by members of the US Congress, religious leaders and international guests, saw Trump single out the Nigerian…

The board of the Nigeria Premier Football League has imposed a fine of N5 million on Shooting Stars Sports Club over fans’ attack on the Ikorodu City entourage at the Lekan Salami stadium.On Sunday, players and officials of Ikorodu City needed the intervention of the Nigerian Army operatives before they could exit the stadium in Ibadan after a goalless draw against 3SC.PUNCH Online reports that players and officials of Ikorodu City Football Club were held hostage by irate Shooting Stars fans on Sunday following their goalless draw in the Southwest derby at the Lekan Salami Stadium in Ibadan, Oyo State…

The Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, has been admitted to the prestigious Freedom of the City of London in a distinguished ceremony which held at the Mansion House, City of London on Monday, April 7, 2025. This prestigious accolade is a testament to Mr. Ovia’s exceptional contributions to the global financial landscape, unwavering commitment to fostering economic development, and dedication to philanthropic endeavours that have positively impacted countless lives.The Freedom of the City of London, a time-honoured tradition dating back to the 13th century, is one of the oldest surviving ceremonies in the United Kingdom.…

In a bold move to bolster Nigeria’s creative sector, Senator Solomon Olamilekan Adeola, popularly known as Yayi, has donated a brand-new 18-seater Toyota bus and millions of naira to the Theatre Arts and Motion Pictures Practitioners Association of Nigeria (TAMPAN).The donation was made during the Ogun Annual Theatre Fiesta, Lecture, and Award Presentation held in Ilaro, Ogun State, where Senator Yayi was also decorated as the Grand Patron of TAMPAN in the state.Otunba Bolaji Amusan, TAMPAN’s Global President, popularly known as Mr. Latin, praised the senator for his consistent philanthropic acts and commitment to grassroots development, describing him as a…

By Adeyemi Obadimu In a powerful call to action, the Ogun State lawmaker representing Abeokuta South Constituency II, Hon. Wasiu Sunday Ayodele, popularly known as IWA, has urged Egba sons and daughters, particularly the youth, to actively engage in the cultural practices that define the rich heritage of Egba land. His remarks followed the successful conclusion of the 2025 Lisabi Day Festival, a significant cultural event that celebrated the traditions and history of the Egba people. Hon. IWA, who is the Balogun Woro Of Ijeja Land at the just concluded festival is an advocate for preserving and promoting cultural…

In a bid to recover a debt ofN1,380,000,000 Motorcycle dealer company EVAME MULTI-NATIONAL COMPANY, has filed a winding up petition against a bureau de change operator GRAVITY BUREAU DE CHANGE LIMITED COMPANY In an affidavit in support of the petition sworn to buy the Manager of EVAME MULTI-NATIONAL COMPANY Godwin Joshua and filed before the court by a Lagos Attorney Fayemi Bolarinwa Joshua, the deponent alleged thus- On May 6, 2021, the Petitioner EVAME MULTI-NATIONAL COMPANY entered into an agreement with the Respondent to exchange the sum of N1,660,000,000.00, which was paid to the Respondent’s Bank account of which…