Search Results for “Nigerians” – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Fri, 29 May 2026 01:38:36 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Search Results for “Nigerians” – InfoStride News https://www.theinfostride.com 32 32 Nigerians Import Fewer Cars Amid High Inflation, FX Crisis https://www.theinfostride.com/nigerians-import-fewer-cars-amid-high-inflation-fx-crisis/ https://www.theinfostride.com/nigerians-import-fewer-cars-amid-high-inflation-fx-crisis/#respond Fri, 29 May 2026 01:35:57 +0000 https://www.theinfostride.com/?p=404949 The importation of cars into Nigeria has declined significantly as rising inflation, foreign exchange volatility, and high import duties continue to put pressure on vehicle prices. The combination of economic challenges has made it increasingly difficult for individuals and businesses to afford imported automobiles, leading to a sharp drop in demand. Car dealers and importers [...]

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]]> https://www.theinfostride.com/nigerians-import-fewer-cars-amid-high-inflation-fx-crisis/feed/ 0 Shettima, Sanusi Attend EFInA Rebranding Event https://www.theinfostride.com/shettima-sanusi-attend-efina-rebranding-event/ https://www.theinfostride.com/shettima-sanusi-attend-efina-rebranding-event/#respond Fri, 29 May 2026 01:30:40 +0000 https://www.theinfostride.com/?p=403893 Vice President Kashim Shettima and former Emir of Kano, Sanusi Lamido Sanusi, were among the key dignitaries present at the rebranding event of Enhancing Financial Innovation and Access (EFInA). The event marked a new phase for the organization as it continues its mission to drive financial inclusion and innovation in Nigeria. During the event, Shettima [...]

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]]> https://www.theinfostride.com/shettima-sanusi-attend-efina-rebranding-event/feed/ 0 Northern Nigeria Enjoying 52% of Ongoing Road Construction – Umahi https://www.theinfostride.com/northern-nigeria-enjoying-52-of-ongoing-road-construction-umahi/ https://www.theinfostride.com/northern-nigeria-enjoying-52-of-ongoing-road-construction-umahi/#respond Fri, 29 May 2026 01:27:06 +0000 https://www.theinfostride.com/?p=405340 The Minister of Works, David Umahi, has revealed that Northern Nigeria is benefiting from 52% of the ongoing road construction projects across the country. He made this known while addressing concerns about regional infrastructure development, emphasizing that the federal government is committed to ensuring balanced road projects nationwide. According to Umahi, the large share of [...]

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]]> https://www.theinfostride.com/northern-nigeria-enjoying-52-of-ongoing-road-construction-umahi/feed/ 0 Reps Demand Suspension of DStv Subscription Rate Hike https://www.theinfostride.com/reps-demand-suspension-of-dstv-subscription-rate-hike/ https://www.theinfostride.com/reps-demand-suspension-of-dstv-subscription-rate-hike/#respond Fri, 29 May 2026 01:25:33 +0000 https://www.theinfostride.com/?p=404571 The House of Representatives has called for the suspension of the recent subscription rate hike by DStv, citing concerns over affordability and consumer protection. Lawmakers argued that the increase places an additional financial burden on Nigerians already struggling with economic challenges. During a plenary session, members of the House expressed dissatisfaction with MultiChoice, the parent [...]

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]]> https://www.theinfostride.com/reps-demand-suspension-of-dstv-subscription-rate-hike/feed/ 0 Stop Pressuring Celebrities To Speak Against Insecurity – Nasboi https://www.theinfostride.com/stop-pressuring-celebrities-to-speak-against-insecurity-nasboi/ https://www.theinfostride.com/stop-pressuring-celebrities-to-speak-against-insecurity-nasboi/#respond Fri, 29 May 2026 00:30:09 +0000 https://www.theinfostride.com/?p=484797 Popular comedian and singer Nasboi has reacted to the constant pressure on celebrities to comment on Nigeria’s political issues. He recently had his say via his X page, and fans have been reacting. Referencing Mr Macaroni‘s experience as an activist, Nasboi stated that not every public figure is willing or mentally prepared to engage in [...]

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]]> https://www.theinfostride.com/stop-pressuring-celebrities-to-speak-against-insecurity-nasboi/feed/ 0 MOFI launches N100bn real estate fund to tackle housing deficit https://www.theinfostride.com/mofi-launches-n100bn-real-estate-fund-to-tackle-housing-deficit/ https://www.theinfostride.com/mofi-launches-n100bn-real-estate-fund-to-tackle-housing-deficit/#respond Fri, 29 May 2026 00:14:44 +0000 https://www.theinfostride.com/?p=403000 The Ministry of Finance Incorporated (MOFI) has unveiled a N100 billion real estate fund aimed at addressing Nigeria’s housing deficit and boosting infrastructure development. The initiative seeks to provide affordable housing solutions while attracting private sector investment into the real estate market. According to MOFI, the fund will be used to finance large-scale housing projects, [...]

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]]> https://www.theinfostride.com/mofi-launches-n100bn-real-estate-fund-to-tackle-housing-deficit/feed/ 0 SEC Cautions Investors Against GVEST Global Amid Fraud Concerns https://www.theinfostride.com/sec-cautions-investors-against-gvest-global-amid-fraud-concerns/ https://www.theinfostride.com/sec-cautions-investors-against-gvest-global-amid-fraud-concerns/#respond Fri, 29 May 2026 00:05:32 +0000 https://www.theinfostride.com/?p=465905 The Securities and Exchange Commission (SEC) has issued a strong warning to the investing public against engaging with GVEST Global, citing that the entity is not registered or regulated by the Commission to operate in Nigeria’s capital market. The regulator emphasized that the company’s investment offerings pose significant risks to unsuspecting members of the public [...]

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]]> https://www.theinfostride.com/sec-cautions-investors-against-gvest-global-amid-fraud-concerns/feed/ 0 Nigeria’s Debt to World Bank IDA Rises to $18.2 Billion – Report https://www.theinfostride.com/nigerias-debt-to-world-bank-ida-rises-to-18-2-billion-report/ https://www.theinfostride.com/nigerias-debt-to-world-bank-ida-rises-to-18-2-billion-report/#respond Fri, 29 May 2026 00:05:28 +0000 https://www.theinfostride.com/?p=465209 Nigeria’s debt obligations to the International Development Association (IDA), a subsidiary of the World Bank Group that provides concessional loans and grants to the world’s poorest countries, have climbed to $18.2 billion, according to the latest financial report. The figure underscores the country’s growing reliance on external borrowing to finance its development agenda amid pressing [...]

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]]> https://www.theinfostride.com/nigerias-debt-to-world-bank-ida-rises-to-18-2-billion-report/feed/ 0 CBN Bolsters Consumer Protection with Enhanced Banking Bill of Rights Initiative https://www.theinfostride.com/cbn-bolsters-consumer-protection-with-enhanced-banking-bill-of-rights-initiative/ https://www.theinfostride.com/cbn-bolsters-consumer-protection-with-enhanced-banking-bill-of-rights-initiative/#respond Thu, 28 May 2026 23:57:46 +0000 https://www.theinfostride.com/?p=465903 The Central Bank of Nigeria (CBN) has intensified its efforts to protect bank customers and ensure fair treatment in the financial sector through a renewed focus on the Customers’ Bill of Rights. The apex bank is taking decisive steps to address issues of transparency, accountability, and consumer redress as part of its wider mandate to [...]

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]]> https://www.theinfostride.com/cbn-bolsters-consumer-protection-with-enhanced-banking-bill-of-rights-initiative/feed/ 0 Rotary Club of Lagos Calls on Nigerians and Global Leaders to Embrace Service https://www.theinfostride.com/rotary-club-of-lagos-calls-on-nigerians-and-global-leaders-to-embrace-service/ https://www.theinfostride.com/rotary-club-of-lagos-calls-on-nigerians-and-global-leaders-to-embrace-service/#respond Thu, 28 May 2026 23:55:50 +0000 https://www.theinfostride.com/?p=465998 The Rotary Club of Lagos has issued a powerful call to action, urging both Nigerians and global stakeholders to embrace a culture of service and generosity. As the organization marks its latest efforts to uplift communities and foster social impact, its leaders highlighted the transformative power of selfless action in driving sustainable change. At a [...]

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]]> https://www.theinfostride.com/rotary-club-of-lagos-calls-on-nigerians-and-global-leaders-to-embrace-service/feed/ 0 Customs Hands Over Expired Drugs Worth N3.7bn to NAFDAC https://www.theinfostride.com/customs-hands-over-expired-drugs-worth-n3-7bn-to-nafdac/ https://www.theinfostride.com/customs-hands-over-expired-drugs-worth-n3-7bn-to-nafdac/#respond Thu, 28 May 2026 23:55:43 +0000 https://www.theinfostride.com/?p=465990 The Nigeria Customs Service (NCS), Federal Operations Unit Zone A, Ikeja, has handed over three truckloads of expired pharmaceutical products valued at N3.7 billion to the National Agency for Food and Drug Administration and Control (NAFDAC) for proper disposal. The event, which took place at the NCS office in Ikeja, Lagos, underscores the growing collaboration [...]

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]]> https://www.theinfostride.com/customs-hands-over-expired-drugs-worth-n3-7bn-to-nafdac/feed/ 0 Dangote Cement Celebrates International Youth Day with Initiatives to Empower Young Nigerians https://www.theinfostride.com/dangote-cement-celebrates-international-youth-day-with-initiatives-to-empower-young-nigerians/ https://www.theinfostride.com/dangote-cement-celebrates-international-youth-day-with-initiatives-to-empower-young-nigerians/#respond Thu, 28 May 2026 23:55:24 +0000 https://www.theinfostride.com/?p=466009 Dangote Cement Plc, Africa’s largest cement producer, has reaffirmed its commitment to youth development by rolling out a series of empowerment initiatives to mark the 2025 International Youth Day. The company’s leadership emphasized that young people remain central to Nigeria’s economic future, and Dangote Cement is positioning itself as a key partner in harnessing their [...]

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]]> https://www.theinfostride.com/dangote-cement-celebrates-international-youth-day-with-initiatives-to-empower-young-nigerians/feed/ 0 UNDP, REA Collaborate to Drive Nigeria’s Clean Energy Transition https://www.theinfostride.com/undp-rea-collaborate-to-drive-nigerias-clean-energy-transition/ https://www.theinfostride.com/undp-rea-collaborate-to-drive-nigerias-clean-energy-transition/#respond Thu, 28 May 2026 23:55:12 +0000 https://www.theinfostride.com/?p=465157 The United Nations Development Programme (UNDP) has partnered with the Rural Electrification Agency (REA) to accelerate Nigeria’s shift toward clean energy, a move aimed at boosting sustainable development, reducing energy poverty, and strengthening the country’s climate resilience. The partnership, formally announced in Abuja, represents a major step in aligning global development support with Nigeria’s ambitious [...]

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]]> https://www.theinfostride.com/undp-rea-collaborate-to-drive-nigerias-clean-energy-transition/feed/ 0 NCC Moves to Safeguard Telecom Infrastructure Nationwide https://www.theinfostride.com/ncc-moves-to-safeguard-telecom-infrastructure-nationwide/ https://www.theinfostride.com/ncc-moves-to-safeguard-telecom-infrastructure-nationwide/#respond Thu, 28 May 2026 23:50:17 +0000 https://www.theinfostride.com/?p=465217 The Nigerian Communications Commission (NCC) has disclosed plans to roll out fresh measures aimed at protecting telecommunications infrastructure across the country, as part of efforts to strengthen service quality, ensure network resilience, and safeguard billions of naira worth of investments in the sector. The development comes against a backdrop of recurring vandalism, theft, and community [...]

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]]> https://www.theinfostride.com/ncc-moves-to-safeguard-telecom-infrastructure-nationwide/feed/ 0 World Bank to Approve $750m Loan for Nigeria on Tuesday https://www.theinfostride.com/world-bank-to-approve-750m-loan-for-nigeria-on-tuesday/ https://www.theinfostride.com/world-bank-to-approve-750m-loan-for-nigeria-on-tuesday/#respond Thu, 28 May 2026 22:59:27 +0000 https://www.theinfostride.com/?p=467613 Nigeria is set to secure a significant financial boost as the World Bank prepares to approve a $750 million loan on Tuesday, marking one of the largest recent interventions by the global lender in support of the country’s economic reforms. The facility, expected to be approved by the World Bank’s Board of Directors, is designed [...]

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]]> https://www.theinfostride.com/world-bank-to-approve-750m-loan-for-nigeria-on-tuesday/feed/ 0 NSDC Signs Agreement with Four New Operators to Boost Annual Sugar Production by 400,000 Metric Tonnes https://www.theinfostride.com/nsdc-signs-agreement-with-four-new-operators-to-boost-annual-sugar-production-by-400000-metric-tonnes/ https://www.theinfostride.com/nsdc-signs-agreement-with-four-new-operators-to-boost-annual-sugar-production-by-400000-metric-tonnes/#respond Thu, 28 May 2026 22:58:03 +0000 https://www.theinfostride.com/?p=464886 The National Sugar Development Council (NSDC) has taken another major step toward strengthening Nigeria’s sugar industry by signing agreements with four new operators to collectively produce 400,000 metric tonnes of sugar annually. The initiative is part of the Federal Government’s broader strategy to achieve self-sufficiency in sugar production, reduce import dependence, and stimulate economic growth [...]

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]]> https://www.theinfostride.com/nsdc-signs-agreement-with-four-new-operators-to-boost-annual-sugar-production-by-400000-metric-tonnes/feed/ 0 Financial Inclusion: CBN Fair Showcases Alternative Payment Channels and Expands Awareness https://www.theinfostride.com/financial-inclusion-cbn-fair-showcases-alternative-payment-channels-and-expands-awareness/ https://www.theinfostride.com/financial-inclusion-cbn-fair-showcases-alternative-payment-channels-and-expands-awareness/#respond Thu, 28 May 2026 22:57:39 +0000 https://www.theinfostride.com/?p=464884 The Central Bank of Nigeria (CBN) has intensified its drive to deepen financial inclusion in the country by organising a financial literacy fair aimed at promoting alternative payment channels and other innovative banking solutions. The event, which attracted stakeholders from the banking sector, fintech companies, small business owners, and members of the public, was designed [...]

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]]> https://www.theinfostride.com/financial-inclusion-cbn-fair-showcases-alternative-payment-channels-and-expands-awareness/feed/ 0 FG Commences Review of Revenue Allocation Formula https://www.theinfostride.com/fg-commences-review-of-revenue-allocation-formula/ https://www.theinfostride.com/fg-commences-review-of-revenue-allocation-formula/#respond Thu, 28 May 2026 22:57:29 +0000 https://www.theinfostride.com/?p=465319 The Federal Government has announced the commencement of a comprehensive review of the country’s revenue allocation formula, a process aimed at addressing long-standing concerns over fiscal imbalance and improving equitable distribution of resources across the three tiers of government. The exercise, according to officials, is expected to take into account current economic realities, the revenue [...]

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]]> https://www.theinfostride.com/fg-commences-review-of-revenue-allocation-formula/feed/ 0 Shipping Delays Stall Dangote’s CNG Truck Deployment, 450 Units Delivered https://www.theinfostride.com/shipping-delays-stall-dangotes-cng-truck-deployment-450-units-delivered/ https://www.theinfostride.com/shipping-delays-stall-dangotes-cng-truck-deployment-450-units-delivered/#respond Thu, 28 May 2026 22:55:22 +0000 https://www.theinfostride.com/?p=465315 The Dangote Group has announced that global shipping disruptions have delayed the arrival of its compressed natural gas (CNG) trucks, slowing down its ambitious plan to roll out 3,550 vehicles to support Nigeria’s energy transition and reduce reliance on petrol and diesel. Out of the total order, only 450 trucks have so far arrived in [...]

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]]> https://www.theinfostride.com/shipping-delays-stall-dangotes-cng-truck-deployment-450-units-delivered/feed/ 0 Surveyor-General Flags Illegal Shoreline Structures for Demolition https://www.theinfostride.com/surveyor-general-flags-illegal-shoreline-structures-for-demolition/ https://www.theinfostride.com/surveyor-general-flags-illegal-shoreline-structures-for-demolition/#respond Thu, 28 May 2026 22:55:01 +0000 https://www.theinfostride.com/?p=465312 The Office of the Surveyor-General of the Federation (OSGoF) has raised concerns over the growing number of illegal structures springing up along Nigeria’s shorelines, warning that such developments not only contravene existing laws but also threaten the environment, public safety, and national infrastructure. Surveyor-General of the Federation, Abuduganiyu Adeyemi Adebomehin, said his office has completed [...]

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]]> https://www.theinfostride.com/surveyor-general-flags-illegal-shoreline-structures-for-demolition/feed/ 0 CPPE Warns Food Price Surge Threatens Nigeria’s Inflation Gains https://www.theinfostride.com/cppe-warns-food-price-surge-threatens-nigerias-inflation-gains/ https://www.theinfostride.com/cppe-warns-food-price-surge-threatens-nigerias-inflation-gains/#respond Thu, 28 May 2026 22:50:21 +0000 https://www.theinfostride.com/?p=465317 The Centre for the Promotion of Private Enterprise (CPPE) has cautioned that the recent moderation in Nigeria’s headline inflation could be undermined by persistent hikes in food prices, which continue to exert pressure on household incomes and worsen poverty levels. Director of CPPE, Dr. Muda Yusuf, made this known in a statement on Friday, noting [...]

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]]> https://www.theinfostride.com/cppe-warns-food-price-surge-threatens-nigerias-inflation-gains/feed/ 0 UBA Customers Set to Win N150m in Super Savers Promo https://www.theinfostride.com/uba-customers-set-to-win-n150m-in-super-savers-promo/ https://www.theinfostride.com/uba-customers-set-to-win-n150m-in-super-savers-promo/#respond Thu, 28 May 2026 22:50:02 +0000 https://www.theinfostride.com/?p=465946 The United Bank for Africa (UBA) has announced the launch of its latest Super Savers Promo, which will reward customers with a total of N150 million in cash prizes. The initiative is aimed at encouraging a savings culture among Nigerians while giving loyal customers an opportunity to win life-changing rewards. According to the bank, the [...]

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]]> https://www.theinfostride.com/uba-customers-set-to-win-n150m-in-super-savers-promo/feed/ 0 “Prove Your Humanity By Rescuing Abducted Kids” – Lateef Adedimeji To FG https://www.theinfostride.com/prove-your-humanity-by-rescuing-abducted-kids-lateef-adedimeji-to-fg/ https://www.theinfostride.com/prove-your-humanity-by-rescuing-abducted-kids-lateef-adedimeji-to-fg/#respond Thu, 28 May 2026 13:00:12 +0000 https://www.theinfostride.com/?p=484714 Nollywood actor Lateef Adedimeji has spoken out over the abduction of Oyo children. He recently had his say via his X page, and fans have been reacting. Lamenting that innocent kids are being held up by kidnappers in unknown places, Lateef urged Nigerians to think about the pain their families must be going through before [...]

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]]> https://www.theinfostride.com/prove-your-humanity-by-rescuing-abducted-kids-lateef-adedimeji-to-fg/feed/ 0 DisCos’ Revenue Drops to N182.11bn Amid Sector Challenges https://www.theinfostride.com/discos-revenue-drops-to-n182-11bn-amid-sector-challenges/ https://www.theinfostride.com/discos-revenue-drops-to-n182-11bn-amid-sector-challenges/#respond Thu, 28 May 2026 00:10:33 +0000 https://www.theinfostride.com/?p=465959 Nigeria’s electricity distribution companies (DisCos) recorded a 4.9 percent decline in monthly revenue, sliding to N182.11 billion, as the power sector continues to grapple with operational inefficiencies, liquidity constraints, and customer dissatisfaction. This development underscores the persistent challenges in Nigeria’s electricity value chain, despite ongoing reforms aimed at boosting power supply and financial viability. Industry [...]

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]]> https://www.theinfostride.com/discos-revenue-drops-to-n182-11bn-amid-sector-challenges/feed/ 0 My Daughter And I Will Prosper Against All Odds – May Edochie https://www.theinfostride.com/my-daughter-and-i-will-prosper-against-all-odds-may-edochie/ https://www.theinfostride.com/my-daughter-and-i-will-prosper-against-all-odds-may-edochie/#respond Wed, 27 May 2026 09:30:41 +0000 https://www.theinfostride.com/?p=484632 May Edochie has announced the opening of her cosmetics store in Lekki. She recently made the announcement via her social media page, and fans have been reacting. Sharing a video of her daughter showcasing the store and products, she appreciated her baby girl for standing in for her and prayed that they would both prosper [...]

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]]> https://www.theinfostride.com/my-daughter-and-i-will-prosper-against-all-odds-may-edochie/feed/ 0 Nigerians Have Gotten Used To Insecurity – ID Cabasa https://www.theinfostride.com/nigerians-have-gotten-used-to-insecurity-id-cabasa/ https://www.theinfostride.com/nigerians-have-gotten-used-to-insecurity-id-cabasa/#respond Wed, 27 May 2026 00:30:07 +0000 https://www.theinfostride.com/?p=484618 Popular music producer ID Cabasa has strongly condemned the Federal Government over the alarming rate of violence and terrorism spreading across the country. He recently shared an emotional video via his social media page, and Nigerians have been reacting. Lamenting that citizens have adjusted to the continuous bloodshed, the beatmaker urged Nigerians to stop politicising [...]

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]]> https://www.theinfostride.com/nigerians-have-gotten-used-to-insecurity-id-cabasa/feed/ 0 Our Pastors Should Speak Up Against Worsening National Insecurity – Spyro https://www.theinfostride.com/our-pastors-should-speak-up-against-worsening-national-insecurity-spyro/ https://www.theinfostride.com/our-pastors-should-speak-up-against-worsening-national-insecurity-spyro/#respond Tue, 26 May 2026 23:30:02 +0000 https://www.theinfostride.com/?p=484606 Popular Afrobeats musician Spyro has criticised top religious leaders over their silence amid the worsening national insecurity. He recently shared an emotional video via his social media page, and Nigerians have been reacting. Calling out Pastor Adeboye and Bishop David Oyedepo, Spyro questioned why many churches and mosques continue to preach regular messages while violence [...]

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]]> https://www.theinfostride.com/our-pastors-should-speak-up-against-worsening-national-insecurity-spyro/feed/ 0 CBN Unveils Plans to Revamp eNaira for Greater Adoption https://www.theinfostride.com/cbn-unveils-plans-to-revamp-enaira-for-greater-adoption/ https://www.theinfostride.com/cbn-unveils-plans-to-revamp-enaira-for-greater-adoption/#respond Tue, 26 May 2026 13:45:55 +0000 https://www.theinfostride.com/?p=464903 The Central Bank of Nigeria (CBN) has unveiled an ambitious plan to revitalise its central bank digital currency (CBDC), the eNaira, with the goal of driving mass adoption, strengthening the country’s digital payment ecosystem, and accelerating the shift toward a cash-lite economy. The initiative, according to the apex bank, will involve a complete overhaul of [...]

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]]> https://www.theinfostride.com/cbn-unveils-plans-to-revamp-enaira-for-greater-adoption/feed/ 0 FG Vows to Revive Nigeria’s Moribund Steel Industry to Boost Industrialisation https://www.theinfostride.com/fg-vows-to-revive-nigerias-moribund-steel-industry-to-boost-industrialisation/ https://www.theinfostride.com/fg-vows-to-revive-nigerias-moribund-steel-industry-to-boost-industrialisation/#respond Tue, 26 May 2026 13:45:51 +0000 https://www.theinfostride.com/?p=464992 President Bola Ahmed Tinubu has reaffirmed the Federal Government’s commitment to reviving Nigeria’s moribund steel industry, pledging to bring dormant steel companies back to life as part of his administration’s broader agenda to accelerate industrialisation and drive sustainable economic growth. Speaking on Tuesday in Abuja, Tinubu described the steel sector as the “backbone of industrialisation” [...]

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]]> https://www.theinfostride.com/fg-vows-to-revive-nigerias-moribund-steel-industry-to-boost-industrialisation/feed/ 0 NUPRC Sets Focus on Frontier Basin Exploration and Transparent Licensing Rounds https://www.theinfostride.com/nuprc-sets-focus-on-frontier-basin-exploration-and-transparent-licensing-rounds/ https://www.theinfostride.com/nuprc-sets-focus-on-frontier-basin-exploration-and-transparent-licensing-rounds/#respond Tue, 26 May 2026 13:45:50 +0000 https://www.theinfostride.com/?p=465272 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed its commitment to prioritising frontier basin exploration and strengthening the competitive licensing process as part of efforts to drive sustainable growth in the nation’s oil and gas sector. The move comes as Nigeria intensifies strategies to unlock new hydrocarbon reserves and attract foreign and local investments [...]

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]]> https://www.theinfostride.com/nuprc-sets-focus-on-frontier-basin-exploration-and-transparent-licensing-rounds/feed/ 0 NDLEA Nabs Delta Drug Kingpin, Seizes ₦7.8bn Opioids at Onne Port https://www.theinfostride.com/ndlea-nabs-delta-drug-kingpin-seizes-%e2%82%a67-8bn-opioids-at-onne-port/ https://www.theinfostride.com/ndlea-nabs-delta-drug-kingpin-seizes-%e2%82%a67-8bn-opioids-at-onne-port/#respond Tue, 26 May 2026 13:45:46 +0000 https://www.theinfostride.com/?p=465268 The National Drug Law Enforcement Agency (NDLEA) has recorded another major breakthrough in its ongoing war against narcotics trafficking with the arrest of a notorious drug kingpin from Delta State and the seizure of opioids valued at ₦7.8 billion at the Onne Port in Rivers State. According to NDLEA authorities, the suspect, identified as a [...]

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]]> https://www.theinfostride.com/ndlea-nabs-delta-drug-kingpin-seizes-%e2%82%a67-8bn-opioids-at-onne-port/feed/ 0 FG Clears Over ₦2 Trillion Capital Budget Arrears, Raises States’ Surplus to ₦7.1 Trillion – Edun https://www.theinfostride.com/fg-clears-over-%e2%82%a62-trillion-capital-budget-arrears-raises-states-surplus-to-%e2%82%a67-1-trillion-edun/ https://www.theinfostride.com/fg-clears-over-%e2%82%a62-trillion-capital-budget-arrears-raises-states-surplus-to-%e2%82%a67-1-trillion-edun/#respond Tue, 26 May 2026 13:45:39 +0000 https://www.theinfostride.com/?p=464984 The Federal Government has successfully settled over ₦2 trillion in outstanding capital budget arrears, significantly boosting the financial standing of states and raising their combined surplus to ₦7.1 trillion, according to the Minister of Finance and Coordinating Minister of the Economy, Wale Edun. Edun disclosed this on Tuesday while briefing journalists in Abuja, explaining that [...]

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]]> https://www.theinfostride.com/fg-clears-over-%e2%82%a62-trillion-capital-budget-arrears-raises-states-surplus-to-%e2%82%a67-1-trillion-edun/feed/ 0 Nigeria Customs Seizes ₦3.1 Billion Contraband, Arrests 13 in Three Weeks https://www.theinfostride.com/nigeria-customs-seizes-%e2%82%a63-1-billion-contraband-arrests-13-in-three-weeks/ https://www.theinfostride.com/nigeria-customs-seizes-%e2%82%a63-1-billion-contraband-arrests-13-in-three-weeks/#respond Tue, 26 May 2026 13:45:30 +0000 https://www.theinfostride.com/?p=464981 The Nigeria Customs Service (NCS) has announced the interception of contraband goods valued at ₦3.1 billion and the arrest of 13 suspected smugglers in a sweeping anti-smuggling operation carried out over the last three weeks. The operation, which spanned several border points, highways, and storage facilities, was part of the NCS’s intensified enforcement drive to [...]

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]]> https://www.theinfostride.com/nigeria-customs-seizes-%e2%82%a63-1-billion-contraband-arrests-13-in-three-weeks/feed/ 0 Reps Launch Probe into N1.06 Trillion NG-CARES Programme over Alleged Limited Impact on Citizens https://www.theinfostride.com/reps-launch-probe-into-n1-06-trillion-ng-cares-programme-over-alleged-limited-impact-on-citizens/ https://www.theinfostride.com/reps-launch-probe-into-n1-06-trillion-ng-cares-programme-over-alleged-limited-impact-on-citizens/#respond Tue, 26 May 2026 13:45:17 +0000 https://www.theinfostride.com/?p=464976 The House of Representatives has commenced an investigation into the N1.06 trillion Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) programme, following growing concerns that the initiative has failed to deliver significant benefits to ordinary Nigerians despite its vast funding. The programme, launched in 2021, was designed to mitigate the socioeconomic impacts of the COVID-19 [...]

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]]> https://www.theinfostride.com/reps-launch-probe-into-n1-06-trillion-ng-cares-programme-over-alleged-limited-impact-on-citizens/feed/ 0 Edun Advocates Public-Private Partnerships to Boost Non-Interest Finance in Nigeria https://www.theinfostride.com/edun-advocates-public-private-partnerships-to-boost-non-interest-finance-in-nigeria/ https://www.theinfostride.com/edun-advocates-public-private-partnerships-to-boost-non-interest-finance-in-nigeria/#respond Tue, 26 May 2026 13:45:14 +0000 https://www.theinfostride.com/?p=464896 Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has emphasised the need for stronger collaboration between the public and private sectors to accelerate the growth of non-interest financial services across the country. Speaking during a stakeholders’ engagement forum in Abuja, Edun explained that Public-Private Partnerships (PPPs) could play a transformative role [...]

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]]> https://www.theinfostride.com/edun-advocates-public-private-partnerships-to-boost-non-interest-finance-in-nigeria/feed/ 0 Dangote Refinery Reduces Petrol Price by N30 https://www.theinfostride.com/dangote-refinery-reduces-petrol-price-by-n30/ https://www.theinfostride.com/dangote-refinery-reduces-petrol-price-by-n30/#respond Tue, 26 May 2026 13:45:14 +0000 https://www.theinfostride.com/?p=464900 The Dangote Petroleum Refinery has announced a reduction in the pump price of Premium Motor Spirit (PMS), cutting it by N30 per litre in a move aimed at easing the financial burden on Nigerians and supporting economic stability. The new price adjustment, which took effect immediately after the announcement, has been widely welcomed by fuel [...]

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]]> https://www.theinfostride.com/dangote-refinery-reduces-petrol-price-by-n30/feed/ 0 CNG Investments Reach $980 Million, Presidency Reports https://www.theinfostride.com/cng-investments-reach-980-million-presidency-reports/ https://www.theinfostride.com/cng-investments-reach-980-million-presidency-reports/#respond Tue, 26 May 2026 13:45:13 +0000 https://www.theinfostride.com/?p=464988 The Presidency has announced that investments in Nigeria’s Compressed Natural Gas (CNG) sector have reached $980 million, marking a significant milestone in the Federal Government’s efforts to promote cleaner and more affordable energy alternatives. This achievement is part of a broader strategy to reduce the country’s dependence on petrol and diesel, while simultaneously addressing environmental [...]

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]]> https://www.theinfostride.com/cng-investments-reach-980-million-presidency-reports/feed/ 0 EFCC Probes Dubai-Bound Passenger Caught with Undeclared $49,000 at Lagos Airport https://www.theinfostride.com/efcc-probes-dubai-bound-passenger-caught-with-undeclared-49000-at-lagos-airport/ https://www.theinfostride.com/efcc-probes-dubai-bound-passenger-caught-with-undeclared-49000-at-lagos-airport/#respond Tue, 26 May 2026 13:45:10 +0000 https://www.theinfostride.com/?p=464978 The Economic and Financial Crimes Commission (EFCC) has launched a full-scale investigation into a Dubai-bound passenger apprehended at the Murtala Muhammed International Airport, Lagos, for failing to declare a cash sum of $49,000 in his possession. The arrest was made in collaboration with the Nigeria Customs Service (NCS) during routine checks on outbound passengers on [...]

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]]> https://www.theinfostride.com/efcc-probes-dubai-bound-passenger-caught-with-undeclared-49000-at-lagos-airport/feed/ 0 NESG Stresses Industrialisation as Cornerstone of Nigeria’s Economic Prosperity https://www.theinfostride.com/nesg-stresses-industrialisation-as-cornerstone-of-nigerias-economic-prosperity/ https://www.theinfostride.com/nesg-stresses-industrialisation-as-cornerstone-of-nigerias-economic-prosperity/#respond Tue, 26 May 2026 13:45:02 +0000 https://www.theinfostride.com/?p=464905 The Nigerian Economic Summit Group (NESG) has reaffirmed that industrialisation remains the most viable path to unlocking the country’s full economic potential, creating jobs, and lifting millions out of poverty. Speaking at a recent policy dialogue in Abuja, the group emphasised that without a deliberate, sustained push toward manufacturing and value addition, Nigeria’s growth prospects [...]

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]]> https://www.theinfostride.com/nesg-stresses-industrialisation-as-cornerstone-of-nigerias-economic-prosperity/feed/ 0 NIPOST Denies Drug Trafficking Allegation, Says It Never Linked Courier Abuse to Tinubu’s Administration https://www.theinfostride.com/nipost-denies-drug-trafficking-allegation-says-it-never-linked-courier-abuse-to-tinubus-administration/ https://www.theinfostride.com/nipost-denies-drug-trafficking-allegation-says-it-never-linked-courier-abuse-to-tinubus-administration/#respond Tue, 26 May 2026 13:30:49 +0000 https://www.theinfostride.com/?p=461373   The Nigerian Postal Service (NIPOST) has denied reports suggesting it confirmed that courier services have been used to traffic drugs since President Bola Ahmed Tinubu took office, describing the claim as misleading and unfounded. The agency, through its management, clarified that it never linked any illegal courier activities to the current administration and warned [...]

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]]> https://www.theinfostride.com/nipost-denies-drug-trafficking-allegation-says-it-never-linked-courier-abuse-to-tinubus-administration/feed/ 0 ARCON Cautions Nigerians Against Fake AI Images Used to Promote Ponzi Schemes https://www.theinfostride.com/arcon-cautions-nigerians-against-fake-ai-images-used-to-promote-ponzi-schemes/ https://www.theinfostride.com/arcon-cautions-nigerians-against-fake-ai-images-used-to-promote-ponzi-schemes/#respond Tue, 26 May 2026 13:20:58 +0000 https://www.theinfostride.com/?p=467623 The Advertising Regulatory Council of Nigeria (ARCON) has issued a stern warning to the public regarding the rising use of artificial intelligence (AI) images to promote fraudulent Ponzi schemes across the country. The regulatory body expressed concern over the sophistication of these scams, which now employ AI-generated visuals and manipulated media to mislead unsuspecting Nigerians [...]

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]]> https://www.theinfostride.com/arcon-cautions-nigerians-against-fake-ai-images-used-to-promote-ponzi-schemes/feed/ 0 House Committee Moves to Resolve Dangote–NUPENG Dispute https://www.theinfostride.com/house-committee-moves-to-resolve-dangote-nupeng-dispute/ https://www.theinfostride.com/house-committee-moves-to-resolve-dangote-nupeng-dispute/#respond Tue, 26 May 2026 13:20:46 +0000 https://www.theinfostride.com/?p=467634 The House of Representatives Committee on Petroleum Resources (Downstream) has stepped into the ongoing conflict between the Dangote Petroleum Refinery and the National Union of Petroleum and Natural Gas Workers (NUPENG), urging both parties to embrace dialogue and find a peaceful resolution in the interest of national stability. The intervention follows weeks of rising tension [...]

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]]> https://www.theinfostride.com/house-committee-moves-to-resolve-dangote-nupeng-dispute/feed/ 0 Nigeria Rules Out Nuclear Weapons, Pledges Focus on Poverty Reduction and Climate Action https://www.theinfostride.com/nigeria-rules-out-nuclear-weapons-pledges-focus-on-poverty-reduction-and-climate-action/ https://www.theinfostride.com/nigeria-rules-out-nuclear-weapons-pledges-focus-on-poverty-reduction-and-climate-action/#respond Tue, 26 May 2026 13:20:24 +0000 https://www.theinfostride.com/?p=461371   Nigeria has reiterated its commitment to global peace and nuclear disarmament, ruling out any ambitions to develop or acquire nuclear weapons as it prioritises the urgent task of lifting millions of its citizens out of poverty and tackling the mounting challenges of climate change. This assurance came during a recent meeting in Abuja between [...]

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]]> https://www.theinfostride.com/nigeria-rules-out-nuclear-weapons-pledges-focus-on-poverty-reduction-and-climate-action/feed/ 0 N4tn Subsidy Savings Channeled to Infrastructure – Tinubu https://www.theinfostride.com/n4tn-subsidy-savings-channeled-to-infrastructure-tinubu/ https://www.theinfostride.com/n4tn-subsidy-savings-channeled-to-infrastructure-tinubu/#respond Tue, 26 May 2026 13:20:17 +0000 https://www.theinfostride.com/?p=461375   President Bola Ahmed Tinubu has said that the Nigerian government has redirected about N4 trillion saved from the removal of fuel subsidies to critical infrastructure and social welfare programmes aimed at easing the burden on ordinary Nigerians and stimulating the economy. Speaking at the opening of the National Conference on Public Accounts and Fiscal [...]

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]]> https://www.theinfostride.com/n4tn-subsidy-savings-channeled-to-infrastructure-tinubu/feed/ 0 Dangote Refinery Resumes Petrol Sale in Naira Following Committee’s Intervention https://www.theinfostride.com/dangote-refinery-resumes-petrol-sale-in-naira-following-committees-intervention/ https://www.theinfostride.com/dangote-refinery-resumes-petrol-sale-in-naira-following-committees-intervention/#respond Tue, 26 May 2026 13:20:11 +0000 https://www.theinfostride.com/?p=467632 The Dangote Petroleum Refinery has officially resumed the sale of petrol in naira, reversing its earlier decision to suspend transactions in the local currency. This development comes after the intervention of a special committee set up by the federal government to resolve the pricing and operational disagreements that had sparked concerns across the downstream oil [...]

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]]> https://www.theinfostride.com/dangote-refinery-resumes-petrol-sale-in-naira-following-committees-intervention/feed/ 0 FG Tackles Energy Poverty with Mission 300 Initiative https://www.theinfostride.com/fg-tackles-energy-poverty-with-mission-300-initiative/ https://www.theinfostride.com/fg-tackles-energy-poverty-with-mission-300-initiative/#respond Tue, 26 May 2026 13:20:04 +0000 https://www.theinfostride.com/?p=461377   The Federal Government has unveiled an ambitious new plan, Mission 300, aimed at tackling Nigeria’s long-standing problem of energy poverty and expanding electricity access to millions of citizens who still live without reliable power. The initiative, which was announced at a stakeholders’ forum in Abuja, is part of a broader African strategy to connect [...]

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]]> https://www.theinfostride.com/fg-tackles-energy-poverty-with-mission-300-initiative/feed/ 0 Federal Government Secures $791.49 Million CNG Investments in Just Two Months https://www.theinfostride.com/federal-government-secures-791-49-million-cng-investments-in-just-two-months/ https://www.theinfostride.com/federal-government-secures-791-49-million-cng-investments-in-just-two-months/#respond Tue, 26 May 2026 12:35:49 +0000 https://www.theinfostride.com/?p=463594 The Federal Government of Nigeria has attracted an impressive $791.49 million in investments aimed at boosting the country’s Compressed Natural Gas (CNG) industry within just two months. This influx of capital reflects a significant level of investor confidence in Nigeria’s alternative fuel programme and its transition toward cleaner, more affordable energy sources. The CNG investment [...]

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]]> https://www.theinfostride.com/federal-government-secures-791-49-million-cng-investments-in-just-two-months/feed/ 0 Union Bank Customers Win Cash Prizes and Gifts in Ongoing Promo https://www.theinfostride.com/union-bank-customers-win-cash-prizes-and-gifts-in-ongoing-promo/ https://www.theinfostride.com/union-bank-customers-win-cash-prizes-and-gifts-in-ongoing-promo/#respond Tue, 26 May 2026 12:35:29 +0000 https://www.theinfostride.com/?p=463056 Union Bank of Nigeria has rewarded hundreds of its loyal customers with cash prizes and other exciting gifts as part of its ongoing “Save and Win Palli Promo 4.” The initiative, which began in December 2024, is aimed at encouraging savings culture among Nigerians while offering them the chance to win life-changing rewards. In the [...]

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]]> https://www.theinfostride.com/union-bank-customers-win-cash-prizes-and-gifts-in-ongoing-promo/feed/ 0 Government Cautions Project Accountants Against Financial Misconduct https://www.theinfostride.com/government-cautions-project-accountants-against-financial-misconduct/ https://www.theinfostride.com/government-cautions-project-accountants-against-financial-misconduct/#respond Tue, 26 May 2026 12:35:11 +0000 https://www.theinfostride.com/?p=463050 The Federal Government has issued a stern warning to all project accountants involved in managing public funds, urging them to uphold transparency, accountability, and integrity in the discharge of their duties. This directive comes as part of renewed efforts to tackle financial mismanagement and ensure that public resources are utilized strictly for their intended purposes. [...]

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]]> https://www.theinfostride.com/government-cautions-project-accountants-against-financial-misconduct/feed/ 0 FG Eyes $2bn Fibre Network Rollout in Q4 https://www.theinfostride.com/fg-eyes-2bn-fibre-network-rollout-in-q4/ https://www.theinfostride.com/fg-eyes-2bn-fibre-network-rollout-in-q4/#respond Tue, 26 May 2026 12:30:00 +0000 https://www.theinfostride.com/?p=414171 The Federal Government of Nigeria has announced plans to invest $2 billion in deploying 90,000 kilometers of fibre optic infrastructure nationwide, starting in the fourth quarter of 2025. This initiative, known as Project Bridge, aims to enhance broadband access and digital connectivity, particularly in underserved and rural communities. Minister of Communications, Innovation, and Digital Economy, [...]

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