Gold reserves play a key role in financial stability, protecting national economies from inflation, currency depreciation, and financial instability. African read more Top 10 African countries with the most gold reserves in 2025

Politics

In January 2025, the wealth of the world’s billionaires surged by $314 billion, an increase of approximately $10 billion per read more Inequality worsens as billionaires add $10bn a day to fortunes in January

Politics

NNPC Shipping, Stena Bulk, and Caverton Marine Limited have announced a groundbreaking partnership to revolutionise Nigeria’s maritime transportation sector. This strategic collaboration, formalised and signed in London last week, aims to establish a robust tanker operation catering to the region’s crude oil, refined products, and LNG shipping requirements, bolstering Nigeria and West Africa’s energy supply […]

Politics

Tribune Online NNPC leading charge towards Africa’s gas infrastructure expansion — Kyari Group Chief Executive Officer of NNPC Ltd, Mele Kyari has said that the world recognises Africa as the next destination of providing greater support to the global energy market, recognising Nigeria’s position as the largest producer of oil and gas in the continent. Kyari disclosed this while delivering an address on the theme “Africa’s Energy […] NNPC leading charge towards Africa’s gas infrastructure expansion — Kyari Tribune Online

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The Independent Petroleum Group (IPPG) has applauded the federal government on the conclusion of the divestment deals by International Oil read more We control 50% of Nigeria’s oil production, say local oil producers

Politics

Tribune Online Study, work permits at risk: What travelers need to know about new Canada visa rules Canada has introduced significant immigration policy changes, granting border officials expanded powers to cancel study permits, work permits, and visitor visas. The new regulations, which took effect on January 31, 2025, are raising concerns among international travellers, particularly Indian students and workers. Under the revised Immigration and Refugee Protection Regulations, Canadian border officials now have […] Study, work permits at risk: What travelers need to know about new Canada visa rules Tribune Online

Politics

The Ijaw Youth Consultative Forum has commended President Bola Tinubu for the increased oil and gas production and improved security in the Niger Delta. The youths also praised the President for the economic growth in the Niger Delta and the increased investment in infrastructure and human capital development. In a statement on Monday, the President Read More

Politics

From Tony John, Port Harcourt Troops of 6 Division, Nigerian Army, working closely with other security agencies have continued to dominate the operational landscape, with the arrest of 17 suspected oil thieves across the Niger Delta region (NDR). Acting Deputy Director, 6 Division Army Public Relations, Lieutenant Colonel Danjuma Jonah Danjuma, said in several operations […] The post Troops arrest 17 oil thieves, recover 25,000 stolen products appeared first on The Sun Nigeria.

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Tribune Online Primate Ayodele releases fresh prophecies on seven African countries The leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has released fresh prophecies regarding several African countries, including Congo, Togo, Benin Republic, Kenya, South Africa, Botswana, Gambia, and the alliance of Sahel states. In a statement signed by his media aide, Osho Oluwatosin, Primate Ayodele warned these countries and their presidents about what they […] Primate Ayodele releases fresh prophecies on seven African countries Tribune Online

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The Federal Government has allocated N1.99bn to procure diesel for the electric power generators for the State House in 2025. This comes amid delays in the FG’s solar power project initially slated to come on stream between December 2024 and January 2025. Sunday PUNCH gathered that the FG disbursed N88.75m for diesel within the first Read More

Politics

Founder of Heirs Energies, Tony Elumelu, has said Nigeria must ramp up oil production to generate revenue for economic diversification. “We want to take it to over 2 million. We know that we need oil money to diversify Nigeria away from oil. And we need to have the money to help develop our country at […]

Politics

A report released in January 2025 has revealed that nearly 50,000 international students failed to register at their designated schools after arriving in Canada in March and April of 2023. Data from Immigration, Refugees and Citizenship Canada showed that these non-enrolled students accounted for 6.9 per cent of the 717,539 international students being monitored as Read More

Politics

The chairman of Heirs Holdings, Mr Tony Elumelu, has stated that Nigeria needed increased oil production to fund the country’s economic diversification and development. Elumelu stated this on Thursday at the Nigeria Petroleum Industry Leadership Discourse in Abuja, highlighting the crucial role of oil revenues in driving industrialisation, energy security, and infrastructural growth. The discourse, […]

Politics

The chairman of Heirs Holdings, Tony Elumelu, has underscored the urgent need to boost Nigeria’s oil production to finance economic read more Higher oil output key to Nigeria’s economic growth – Elumelu

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Nigeria’s target of 2.06million bpd crude oil production target in 2025, is achievable, the Minister of State for Petroleum, Heineken Lokpobori has said. Lokpobori said this on Thursday in Abuja at the Nigeria Petroleum Industry Leadership Discourse, with the theme: “Nigeria’s Oil Production Growth Roadmap Acceleration Imperatives’’ organised by Heirs Energies Limited. ”The 2025 budget Read More

Politics

The Chairman of Heirs Holdings, Mr Tony Elumelu, has stressed the need for increased oil production to fund Nigeria’s economic diversification and development. Speaking on Thursday in Abuja at the Nigeria Petroleum Industry Leadership Discourse, he emphasised the importance of oil revenues in driving industrialisation, energy security, and infrastructural growth. The meeting, convened by Heirs Read More

Economics

The Nigerian National Petroleum Company Limited has withheld a staggering N13.763tn in revenue from the Federal Government, exacerbating struggles to fund the national budget. This is according to documents obtained from the Federal Accounts Allocation Committee following its January 2025 meeting on Wednesday. This amount covering a period between 2012 and 2024 has significantly impacted Read More

Politics

By Chinelo Obogo     talktonelo@yahoo.com   In January 2018, Nigeria took a bold step towards regional aviation integration by becoming one of the first 11 countries to sign the Single African Air Transport Market (SAATM), a flagship initiative under the African Union’s Agenda 2063. The historic move was seen as a catalyst for transforming air […] The post Africa’s aviation single market: Mission sabotaged from within appeared first on The Sun Nigeria.

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Seplat Energy Plc, an indigenous oil and gas producer, is settling down to business in Akwa Ibom State with its read more Oil politics and community development: A note to Seplat Energy

Politics

A new ranking has identified African countries where obtaining foreign exchange is relatively easier. The ranking, based on financial infrastructure, read more Top 10 African countries with the easiest foreign currency access

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