The Dangote Group has dismissed as false a publication alleging that its President, Aliko Dangote, distanced himself from Tony Elumelu, describing the report as baseless and malicious. In a statement issued by its Group Chief Branding and Communications Officer, Anthony Chiejina, the company said neither Dangote nor the Group made the claims attributed to them, noting that the publication misrepresented both personal and corporate positions. The Group also refuted assertions that the Dangote Petroleum Refinery was financed through personal borrowing from friends, describing the claim as inaccurate and misleading. “As a matter of principle, Aliko Dangote neither finances his projects…
Author: Newsdesk
Some residents of the Federal Capital Territory (FCT) say the sharp increase in food prices has worsened their living conditions. The residents made this known in interviews with reporters on Sunday in Abuja. A survey conducted by reporters across several FCT markets, including Dei-Dei, Kubwa, and Dutse, revealed significant increases in the prices of essential food items. Findings from the survey showed that many households are adjusting their consumption patterns, as rising costs have made it difficult to maintain three meals a day. Residents said the situation has forced them to reduce food portions and switch to cheaper alternatives. Traders…
The Nigerian Air Force (NAF) has carried out a precision air strike on a terrorist enclave in Katsina, destroying a key hideout and neutralising several fighters. This is contained in a statement by the Director of Public Relations and Information, NAF, Air Commodore Ehimen Ejodame, on Sunday in Abuja. Ejodame said the operation was conducted on May 1 under the Air Component of Operation Fansan Yamma, targeting a location in Dan-Aji Forest, Faskari Local Government Area. According to him, the target was a known logistics hub linked to terrorist kingpin Abasu Aiki and his fighters operating across the Faskari, Kankara,…
The Ministry of Petroleum Resources says Nigeria remains committed to the principles and objectives of the Declaration of Cooperation between the Organisation of the Petroleum Exporting Countries (OPEC) and its allies under OPEC+. The UAE officially exited OPEC on Friday to prioritise national interests, aiming to maximise oil production, expand its market share, and escape the production quotas imposed by the cartel. A source from the ministry, reacting to the development on Sunday, said the position highlighted Nigeria’s continued alignment with collective efforts aimed at ensuring stability in the global oil market. The source emphasised that national interest remains a…
The Central Bank of Nigeria (CBN) has announced plans to raise N700 billion through a Nigerian Treasury Bills (NTBs) auction scheduled for May 7, 2026, marking the first issuance for the month in line with its second-quarter (Q2) borrowing calendar. The planned auction was disclosed in an official tender notice issued by the apex bank on behalf of the Debt Management Office (DMO). The move forms part of the Federal Government’s broader domestic borrowing strategy for Q2 2026, which includes multiple NTB issuances aimed at managing liquidity and funding short-term obligations. According to the tender notice, N700 billion will be…
Veterinary experts have raised concerns over the growing public health risks linked to poor veterinary practices in Nigeria’s livestock sector. The experts warned that neglect of animal healthcare is fuelling antimicrobial resistance and threatening food safety. They made the remarks in separate interviews with journalists on Sunday in Lagos. The experts also stressed the urgent need to strengthen veterinary services across the country. Dr. Mobolaji Alao, a poultry industry stakeholder and animal health expert, said veterinary and human healthcare systems are deeply interconnected. Alao noted that between 60 and 65 per cent of disease-causing organisms affecting humans are shared with…
The Board and Management of Premium Times Media Group reaffirmed their commitment to fearless investigative reporting and public accountability. The Editor-in-Chief of Premium Times, Mr. Musikilu Mojeed, made this pledge during the 4th and 5th combined editions of the Premium Times Awards Ceremony held in Abuja on Saturday. Mojeed described the organization as an institution built on trust, ethical discipline, and unwavering dedication to the public good. He noted that since its founding in 2011, the media group’s mission has been to strengthen democracy and hold power to account. “From a modest niche school here in Abuja, Premium Times has…
Gov. Peter Mbah of Enugu State has flagged off the construction of over 70 kilometers of roads in the Enugu North Senatorial Zone to boost economic activities and improve connectivity across the area. The Enugu North Senatorial Zone includes Nsukka, Igbo-Eze South, Igbo-Eze North, Udenu, Uzo-Uwani, and Igbo-Etiti Local Government Areas. Among the projects is the 52-kilometer Lejja–Aku–Ukehe–Egede–Afa–Akpakwume–Eke road, which traverses Nsukka, Igbo-Etiti, and Udi Local Government Areas. During the flag-off ceremony on Saturday in Nsukka, Mbah described the project as a vital step toward economic growth, emphasizing that road infrastructure is a key driver of development. “This is symbolic…
The NNPC Upstream Investment Management Services (NUIMS) and Seplat Energy Joint Venture have rewarded schools and outstanding students with cash and scholarship awards totaling N10.5 million in Imo. Prizes were awarded at the end of the 2026 edition of the Promoting Exceptional and Responsible Leaders (PEARLs) quiz and STEM competition grand finale in Owerri on Saturday. The Seplat PEARLs quiz and STEM competition are annual academic events for secondary school students in the company’s operating areas, aimed at promoting excellence and improving the quality of education. Over 200 schools in Imo participated in the 2026 edition. Mountain Crest High School…
Nigeria’s Ministry of Foreign Affairs has extended an invitation to the Acting High Commissioner of South Africa for a meeting scheduled on Monday, May 4, at the Ministry. The Minister of Foreign Affairs, Amb. Bianca Odumegwu-Ojukwu, disclosed this in a statement issued on Saturday by Kimiebi Ebienfa, the Ministry’s Spokesperson. According to Ebienfa, the meeting aims to formally express Nigeria’s deep concern over recent events that could affect the cordial relations between Nigeria and South Africa. READ ALSO: UN raises alarm over rising attacks on journalists He said the meeting will mainly address ongoing demonstrations by various groups in South…