On Friday, August 1, 2025, Vanguard reported that the Dangote Petroleum Refinery has received over 2,000 Compressed Natural Gas (CNG)-powered trucks, with additional deliveries expected to reach a total of 4,000 trucks, as part of a ₦720 billion initiative to revolutionize Nigeria’s fuel distribution starting August 15, 2025. The 650,000 barrels-per-day refinery in Lekki, Lagos, […]
On Friday, August 1, 2025, Canadian Prime Minister Mark Carney expressed disappointment over U.S. President Donald Trump’s executive order increasing tariffs on Canadian goods from 25% to 35%, effective August 7, 2025, following a week-long delay. Announced on July 10, 2025, via Trump’s Truth Social platform, the tariff hike was partly linked to Canada’s plan […]
On Friday, August 1, 2025, the Lagos State Chapter of the All Progressives Congress (APC), through its spokesperson Mr. Seye Oladejo, dismissed a statement by former Presidential Adviser Mr. Babafemi Ojudu titled “Lagos is Playing with Fire and Tinubu Must Put It Out,” calling it sensationalist and misleading. In a response titled “RE: Lagos is […]
On Friday, August 1, 2025, South African President Cyril Ramaphosa announced that his government would leverage a week-long delay in the U.S.’s imposition of 30% tariffs on South African exports, now postponed to August 7, 2025, to negotiate intensely and safeguard jobs. The tariffs, initially set for August 1, were announced by U.S. President Donald […]
In the first seven months of 2025 (7m’25), banks’ deposits with the Central Bank of Nigeria (CBN) through the Standing Deposit Facility (SDF) skyrocketed by 783.7% year-on-year to ₦79.8 trillion from ₦9.03 trillion in 7m’24, signaling significant excess liquidity in Nigeria’s banking system. The CBN’s shift to a single-tier remuneration structure for the SDF in […]
On Thursday, July 31, 2025, the Federal Government approved the National Industrial Relations Policy (NIRP) 2025 to address frequent strikes and foster workplace harmony, as announced by Minister of Information and National Orientation, Mohammed Idris, following a Federal Executive Council (FEC) meeting chaired by President Bola Tinubu in Abuja. The NIRP aims to regulate trade […]
On Friday, August 1, 2025, concerns over the misuse of Nigeria’s Cybercrimes (Prohibition, Prevention, Etc.) Act of 2015, amended in 2024, have intensified, with civil society activists and lawyers like Mr. Kunle Edun, SAN, accusing security agencies of weaponizing the law to silence government critics rather than tackling escalating cyberattacks costing the economy billions. Between […]
On Tuesday, July 29, 2025, the Manufacturers Association of Nigeria (MAN), through its Director-General, Mr. Segun Ajayi-Kadir, expressed deep concern over the declining contribution of the industrial sector to Nigeria’s Gross Domestic Product (GDP), as highlighted in a statement to Vanguard reacting to the National Bureau of Statistics (NBS) report of a 3.13% GDP growth […]
On Wednesday, July 30, 2025, the African Union’s (AU) Peace and Security Council rejected the Rapid Support Forces’ (RSF) declaration of a “parallel government” in Sudan, announced on July 26, 2025, with Mohamed Hassan al-Ta’ayshi as prime minister and a presidential council led by RSF commander Mohamed Hamdan “Hemedti” Dagalo. The AU condemned the move […]
On Wednesday, July 30, 2025, the Nigerian Army’s Operation Hadin Kai (OPHK), led by Theatre Commander Major General Abdulsalam Abubakar, reported the neutralization of nine Boko Haram terrorists in Konduga, Bama, and Gwoza Local Government Areas of Borno State, as part of sustained offensive operations, including ambushes and fighting patrols supported by the Air Component. […]