The Devastating Legacy of Tinubu’s Fuel Subsidy Removal: A Year of Economic Woe (Part 1), By Erasmus Ikhide

EXACTLY one year ago, on May 29, 2023, President Bola Ahmed Tinubu made a fateful decision that would plunge Nigeria’s economy into absolute chaos. With the removal of fuel subsidies, the price of petroleum products skyrocketed, leaving citizens reeling in pains and untold agony. When Tinubu took office, fuel was sold at N197 per litre;…

More

Five Soldiers Killed by IPOB/ESN Terrorists in Abia – Military

The attack took place at the Obikabia Junction Checkpoint in the Obingwa Local Government Areas, which adjourns the Aba metropolis, according to a statement from Major General Edward Buba, the Director of Defence Media Operations. Operation Udoka troops were stationed there to maintain peace in the area and safeguard the public. He said the terrorists…

More

Abia Killing: Gov. Otti, Security Chiefs In Closed-Door Meeting

According to information obtained by Trust News Africa, the meeting is taking place at his home in Umuehim, Nvosi, in the state’s Isialangwa South Local Government Area. The Indigenous People of Biafra (IPOB) issued a sit-at-home order throughout the southeast to mourn “our heroes and heroines” who lost their lives in the civil war between…

More

Zenith Bank CEO admitted as CIS associate member

Ebenezer Onyeagwu, CEO of Zenith Bank, has been made an associate member of the Chartered Institute of Stockbrokers. Trust News Africa gathered that the President of CIS, Oluropo Dada, encouraged Onyeagwu to join some committees within the institute to leverage his extensive experience to advance the stockbroking profession in Nigeria. Dada commended Onyeagwu for passing…

More

Nigeria targets 480,000 bpd as NNPC, ExxonMobil sign partnership

The Nigerian National Petroleum Company Limited and ExxonMobil made a move toward settling their differences regarding the latter’s asset sale to Seplat Energy, which could result in an increase of 480,000 barrels in Nigeria’s daily crude oil production. On Thursday, the NNPCL confirmed it had signed a settlement agreement with ExxonMobil companies in Nigeria over…

More