Skip to content
CBN’s MPR: Separating optics from impacts
Sopuruchi Onwuka The recent decision by the Central Bank of Nigeria (CBN) to cut interest rates by 50 basis points to 26.5 percent raises harder questions about how the official economic indicators connect with the palpable situation on ground. According…
Russia exploits Africa’s poverty crisis to recruit frontline soldiers
African casualties in Ukraine war largely unreported Sopuruchi Onwuka African youths trying to escape poverty and political persecution at home are increasingly falling victim to deceptive recruitment schemes linked to Russia, as the country seeks to replenish its depleted frontline…
Dual citizens face tighter UK entry rules without British passport
Sopuruchi Onwuka, with agency reports Nigerians and other nationals who also hold British citizenship will no longer be able to enter the United Kingdom using only their foreign passports, following new rules that took effect on February 25. Under the…
Top DIGs, including Frank Mba, may exit as Disu becomes Ag IGP
“Following IGP Egbetokun’s resignation, leadership shake-up at Nigeria Police Force sparks speculation over retirements of senior officers amid new appointments“ Sopuruchi Onwuka Several senior officers of the Nigeria Police Force, including Deputy Inspector-General (DIG) Frank Mba, may leave the service…
Nigeria’s external reserves hit 13-year high as CBN cuts rate amid falling inflation
“Gross external reserves surpass $50 billion, providing nearly 10 months of import cover, while year-on-year inflation eases for the eleventh consecutive month, prompting a 50bps reduction in the Monetary Policy Rate to 26.5%.” Sopuruchi Onwuka Nigeria’s gross external reserves rose…
NUPRC’s digital shift improves royalty tracking, compliance
Sopuruchi Onwuka Digitization of regulatory processes at the Nigerian Upstream Petroleum Regulatory Commission has significantly improved the tracking and enforcement of royalty payments, according to the Commission’s Chief Executive, Mrs. Oritsemeyiwa Eyesan. Eyesan said default rates on royalty payments were…
Nigeria to position as Africa’s investment hub at AOW:Energy 2026
Sopuruchi Onwuka Africa’s upstream oil and gas sector is entering a new phase of investment and regulatory reform, with Nigeria positioning itself at the center of that shift. Organizers of AOW:Energy say the 2026 edition will place a strong spotlight…
Dangote flaunts fuel supply capacity, but price creates real gaps
Disproves government’s supply figures Sopuruchi Onwuka Private refinery behemoth, Dangote Industries Limited, has declared that it has optimized its plant processing operations, increasing fuel production capacity beyond perceived national peak daily demand. The company also stated that it now has…
From ballroom to battlefield: How Ukrainian mother transformed to deadly sniper
Sopuruchi Onwuka A professional dancer who once spent her days traveling to international competitions is now serving on Ukraine’s front lines as a sniper, one of many civilians whose lives have been reshaped by nearly four years of war. Oracle…
Executive Order No. 9 prioritizes immediate cash over oil industry sustainability
The controversial Executive Order No. 9 of 2026 which essentially pulls back investment and operating capitals reserved for strategic growth programs of the Nigerian National Petroleum Company (NNPC) Limited does not just nullify provisions of the Petroleum Industry Act (PIA),…
