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  President Bola Tinubu on Thursday said he takes pleasure in seeing opposition parties in disarray and has no plans to help them organise themselves. “Political parties fearful of members leaving may be better served by examining their internal processes and affairs rather than fearfully conjuring up demons that do not exist. “For me, I would say try your best to put your house in order. I will not help you do so. It is, indeed, a pleasure to witness you in such disarray,” Tinubu said during his State of the Nation address at a joint session of the National Assembly in Abuja on Thursday, held to commemorate Democracy Day. Amid recent defections into the ruling All Progressives Congress, Tinubu also dismissed claims that his administration is pushing Nigeria towards becoming a one-party state. Tinubu said, “ A one-party state is not in the offing. Nor should it ever be. That said, we would be guilty of political malpractice if we closed the door on those from other ...

  Nigeria’s petrol import bill fell sharply in the first quarter of 2025, dropping to N1.76 trillion from N3.81 trillion recorded in the corresponding period of 2024. This represents a 54% year-on-year decline, according to the latest foreign trade statistics report from the National Bureau of Statistics (NBS). The drop also marks a 47% reduction from Q4 2024, when the country spent N3.3 trillion on petrol imports. The decline is largely attributed to increased domestic supply from the Dangote Refinery, which has continued to scale up operations. Import trend reverses after years of steady growth A five-year review of first-quarter petrol import figures shows that Nigeria had been on a steady upward trajectory until 2024. The country imported N732 billion worth of petrol in Q1 2020, rising to N1.29 trillion in Q1 2021, and doubling again to N2.69 trillion in Q1 2022. There was a moderate decline to N2.03 trillion in Q1 2023 before the value surged to an all-time high of ...

  An ex-Moniepoint staff, claims that the fintech unicorn engaged in malicious actions to deny him of stock options estimated to be worth $889,600 in the secondary market. A former executive at Moniepoint, a Nigerian fintech unicorn, has filed a lawsuit at the Nigerian Industrial Court, alleging that he was denied stock options in violation of terms promised to him during his five-year tenure at the company . Damilola Ajiboye , once a prominent software engineer and enterprise architect at Moniepoint, claims in court documents seen by Condia that Moniepoint engaged in malicious actions to wrongfully deny him of his Executive Stock Option Scheme (ESOS) of 27,800 share options estimated to be worth $889,600 in the secondary market. The allegations raise serious questions about the gap between Moniepoint’s public image and its internal realities. In 2023, the Visa-backed company actively promoted itself as an employer of choice, highlighting generous compensation and a ...

  Nigerian national oil company, NNPC Limited on Thursday reported that it raked in N5.89 trillion in revenues in the month of April, 2025 The company in a document titled: ‘NNPC Limited Monthly Report Summary — April 2025,’ posted on its website also declared a profit after tax (PAT) of N748 billion for April 2025. NNPC said it made statutory transfers of N4.225 trillion in the first three months of the year (January to March, 2025). In terms of production volumes, NNPC reported that crude oil and condensate production averaged 1.61 million barrels per day in April, while production figures for January, February and March were 1.67mbpd, 1.62mbpd, and 1.56mbpd respectively. The report stated that natural gas production for April was 7.47 million standard cubic feet daily while figures for the first three months of the year were January (7,120mmscf/d), February (6,615mmscf/d), and March (6,928mmscf/d). The company however, pointed out that “All financial figures are pro...

  10 Key Facts About Nigeria’s Ogoni Nine You Should Know 1. Who Were They? The Ogoni Nine—Ken Saro -Wiwa, Saturday Dobee, Nordu Eawo, Daniel Gbooko, Paul Levera, Felix Nuate, Baribor Bera, Barinem Kiobel, and John Kpuine—were activists from Ogoniland, Nigeria, fighting for environmental and social justice. 2. 📷Their Cause : They led the Movement for the Survival of the Ogoni People (MOSOP), demanding accountability from oil companies like Shell for devastating Ogoniland’s environment through oil spills. 3. Non-Violent Protests : Their protests were peaceful, using global campaigns and local rallies to highlight the pollution that ruined farmland, rivers, and livelihoods in the Niger Delta. 📷 4. 📷Framed for Murder : In 1994, the Nine were falsely accused of killing four Ogoni chiefs during a riot. Evidence suggests the the military regime orchestrated the charges to silence them. ⚖️ 5. Sham Trial : 📷 Under Gen. Sani Abacha’s dictatorship, they faced a biased mili...

  In a bold move to improve connectivity across Nigeria’s capital, the Maitama-Gishiri Bridge and the Katampe–Jahi–Mabushi Link Roads have officially been commissioned in June 2025. The infrastructure project, which commenced in October 2024, was executed under a renewed vision for the Federal Capital Territory, a testament to efficient urban planning and delivery. Designed to decongest key traffic corridors and boost inter-district mobility, the network of roads and the strategic bridge now seamlessly connect some of Abuja’s fastest-growing residential and commercial zones. From inception to delivery in under a year, this is infrastructure with intent, that’s capacity in action. #RenewedFCTProjects2025 Re: President Tinubu Commissions New Link Roads In Abuja Expanding Urban Network