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News
Tinubu, Atiku???s $10.2m US Lobbying Bills Stir Fresh Debate Over Opportunity Cost
4+ hour, 51+ min ago (1045+ words) Fresh questions have emerged over the scale and value of lobbying expenditure associated with President Bola Ahmed Tinubu’s administration and former Vice President Atiku Abubakar in the United States. Documents filed under the United States Foreign Agents Registration Act, FARA,…...
Dangote Refinery IPO: 32 Approved Channels Nigerians Can Use To Buy Shares
2+ day, 21+ hour ago (219+ words) Dangote Petroleum Refinery and Petrochemicals FZE has released a list of 32 approved channels through which investors can subscribe for shares in its upcoming Initial Public Offering (IPO). The company has warned prospective investors to use only the channels listed on…...
Obi Rejects Buhari-style Naira Defence, Backs Tinubu Forex Reform
2+ day, 17+ hour ago (351+ words) Presidential candidate of the Nigeria Democratic Congress, Peter Obi, has ruled out returning to the approach of defending the naira adopted under the administration of former President Muhammadu Buhari. Obi said he would allow the currency to operate under a…...
Court Delays Hearing On Rights Suit Filed By Detained Adeyemi
2+ day, 22+ hour ago (347+ words) The Federal High Court in Abuja has delayed hearing a fundamental rights suit filed by Adeniyi Adeyemi, the detained self-styled Director-General of the Presidential Foreign Investment Promotion Council (PFIPC). The case came before Justice Obiora Egwuatu on Thursday, but the…...
NAFDAC Uncovers New Network Behind Counterfeit Goods As Nigeria Faces Fake Products Surge
5+ day, 6+ hour ago (724+ words) The National Agency for Food and Drug Administration and Control has raised fresh concerns over the growing sophistication of counterfeit goods operations in Nigeria, saying some foreign counterfeiters have established local networks to manufacture, distribute and sell fake products. The…...
FG Targets Foreign Dominance In Maritime Sector With $25m Ship Financing
5+ day, 22+ hour ago (412+ words) The Federal Government is seeking to reduce the dominance of foreign operators in Nigeria’s maritime industry by giving indigenous shipowners access to up to $25 million each under the long-delayed Cabotage Vessel Financing Fund (CVFF). Minister of Marine and Blue Economy,…...
Eleven Feared Dead After Terrorists Attack Adamawa Community | Daily Report Nigeria
5+ day, 19+ hour ago (246+ words) At least 11 people are feared dead following an attack on Zaranga village in Gombi Local Government Area of Adamawa State on Monday. Residents said suspected Boko Haram fighters invaded the community in the early hours of the morning, opening fire…...
NAFDAC: Counterfeiters Face 64 Convictions As Fake Products Worth N1.54tn Destroyed | Daily Report Nigeria
5+ day, 20+ hour ago (469+ words) The National Agency for Food and Drug Administration and Control (NAFDAC) has intensified its crackdown on counterfeit products, revealing that goods worth more than ₦1.54tn have been seized or destroyed across Nigeria since 2023. The Director-General of the agency, Prof. Mojisola Adeyeye,…...
Presidency: Tinubu Never Promised Nigerians An Eldorado
6+ day, 49+ min ago (268+ words) The presidency has defended President Bola Tinubu’s administration, saying Nigerians were never promised an “Eldorado” within a few years of his tenure. The President’s Special Adviser on Media and Public Communication, Sunday Dare, made the statement on Monday in a…...
NELFUND Debunks Viral Claim Of Life Jail For Student Loan Defaulters
6+ day, 22+ hour ago (553+ words) The Nigerian Education Loan Fund has dismissed a viral claim that Nigerian students who fail to repay their education loans after graduation will be sentenced to life imprisonment. The claim, which circulated in the form of a newspaper front page,…...