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Bayelsa Oil, Gas Park Progresses Steadil... Banks Earn N225bn From Atm, E-banking Ch... Us, Iran Reach Deal To End War, Reopen S... MISSING: Missing Person WANTED: Sunday Peter Adu MEMORY: Mr. Martins Joe HOT: Bayelsa Oil, Gas Park Progresses Steadil... HOT: Banks Earn N225bn From Atm, E-banking Ch... HOT: Us, Iran Reach Deal To End War, Reopen S... HOT: Shettima, Governors For Apc Mega Rally F... HOT: Living Beside Death: Ogun Residents Batt... HOT: Domestic Gas Sales Rise 30% On Reforms —... HOT: Nigerians, Others Buy $3.1bn Airtime On... HOT: Teacher’s Detention Sparks Uproar Among... HOT: 68 Promises Still Unfulfilled As 10th Na... HOT: Police Report: Bandits Launch Over 50 At... HOT: Oyo Abduction: Nans, Csos Clash Over Pro... NOTICE: Public Notice To All Esteemed Clien... WORLD: Us, Iran Reach Deal To End War, Reo... Bayelsa Oil, Gas Park Progresses Steadil... Banks Earn N225bn From Atm, E-banking Ch... Us, Iran Reach Deal To End War, Reopen S... MISSING: Missing Person WANTED: Sunday Peter Adu MEMORY: Mr. Martins Joe HOT: Bayelsa Oil, Gas Park Progresses Steadil... HOT: Banks Earn N225bn From Atm, E-banking Ch... HOT: Us, Iran Reach Deal To End War, Reopen S... HOT: Shettima, Governors For Apc Mega Rally F... HOT: Living Beside Death: Ogun Residents Batt... HOT: Domestic Gas Sales Rise 30% On Reforms —... HOT: Nigerians, Others Buy $3.1bn Airtime On... HOT: Teacher’s Detention Sparks Uproar Among... HOT: 68 Promises Still Unfulfilled As 10th Na... HOT: Police Report: Bandits Launch Over 50 At... HOT: Oyo Abduction: Nans, Csos Clash Over Pro... NOTICE: Public Notice To All Esteemed Clien... WORLD: Us, Iran Reach Deal To End War, Reo...

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Bayelsa Oil, Gas Park Progresses Steadily
News Xtra
6 min read

Bayelsa Oil, Gas Park Progresses Steadily

The Bayelsa State oil and gas industrial park project is reportedly progressing steadily as construction and development activities continue at the site. State officials say the project is part of broader efforts to diversify the economy, create jobs, and strengthen local participation in Nigeria’s oil and gas value chain. The industrial park is expected to serve as a hub for manufacturing, servicing, and logistics operations linked to the energy sector, reducing dependence on external facilities. According to updates from project handlers, work has advanced on key infrastructure components, with emphasis on accessibility, utility installation, and facility layout. Government representatives say the initiative is designed to attract private sector investment and encourage local content development within the Niger Delta region. The project is also expected to provide employment opportunities for residents, particularly young people, as construction and operational phases progress. Stakeholders in the oil and gas sector have described the development as a strategic step toward boosting industrial capacity in Bayelsa State and improving regional economic stability. Officials have reaffirmed commitment to completing the project within schedule, while ensuring compliance with environmental and safety standards. Once completed, the park is expected to become a key centre for energy-related business activities in the state and beyond. 

A

Arun

Jun 15, 2026

11 hours ago
Views 6 Shares 0 Likes 0
Banks Earn N225bn From Atm, E-banking Charges
Business
3 min read

Banks Earn N225bn from ATM, e-Banking Charges

Nigerian banks have earned about N225 billion from Automated Teller Machine (ATM) withdrawals and other electronic banking charges, according to a new industry report. The figure reflects growing revenue generated from digital financial transactions, including ATM withdrawals, transfer fees, mobile banking, and online payment services. The report noted that the increase is largely driven by the rising adoption of cashless banking platforms, as more customers rely on electronic channels for everyday financial activities. ATM withdrawal charges remain one of the most common fees affecting customers, especially those who exceed their monthly free transaction limits. Industry analysts say banks are benefiting from the rapid expansion of digital banking services, even as customers continue to express concerns about the rising cost of transactions. Consumer advocates have urged greater transparency in fee structures, calling on financial institutions to ensure charges remain fair and clearly communicated to users. Banks, however, argue that the fees help cover infrastructure costs, including network maintenance, cybersecurity, and service upgrades required to support growing digital transactions. The report also highlighted that the Central Bank’s cashless policy continues to push more Nigerians toward electronic banking channels, further boosting transaction volumes. Despite the revenue growth, experts say balancing profitability with customer affordability remains a key challenge for the banking sector. The development underscores the growing importance of digital finance in Nigeria’s economy and the increasing reliance on electronic payment systems. 

A

Arun

Jun 15, 2026

11 hours ago
Views 5 Shares 0 Likes 0
Us, Iran Reach Deal To End War, Reopen Strait Of Hormuz
International
6 min read

US, Iran Reach Deal to End War, Reopen Strait of Hormuz

The United States and Iran have reportedly reached a landmark agreement aimed at ending hostilities between both countries and reopening the strategic Strait of Hormuz to international shipping. The deal, involving United States and Iran, is said to include provisions for de-escalation of military tensions, restoration of diplomatic communication channels, and guarantees for safe passage through key maritime routes. A central part of the agreement focuses on the Strait of Hormuz, one of the world’s most critical oil transit routes, which has previously been affected by security threats and military standoffs. According to early reports, both sides agreed to halt offensive operations and work through mediated channels to resolve outstanding disputes, particularly those related to regional influence and maritime security. The reopening of the strait is expected to ease global energy market concerns, as the waterway handles a significant share of the world’s oil shipments. International reactions have begun to pour in, with several countries welcoming the development as a positive step toward reducing tensions in the Middle East. Security and diplomatic analysts say the agreement, if fully implemented, could mark one of the most significant de-escalations in years between both nations. However, observers also caution that sustaining the deal will require strong monitoring mechanisms and continued political commitment from both sides. Further details are expected as officials from both countries finalize the implementation framework in the coming days. 

A

Arun

Jun 15, 2026

11 hours ago
Views 6 Shares 0 Likes 0
Shettima, Governors For Apc Mega Rally For Oyebanji’s Re-election — Council
News Xtra
5 min read

Shettima, Governors for APC Mega Rally for Oyebanji’s Re-election — Council

The All Progressives Congress (APC) is set to hold a mega rally in support of the re-election bid of Ekiti State Governor, Biodun Oyebanji, with Vice President Kashim Shettima and several state governors expected to attend. According to the party’s organising council, the rally is part of intensified mobilisation efforts ahead of the forthcoming governorship election, aimed at consolidating support for the incumbent governor. Party officials said the event will feature top APC leaders, political stakeholders, and supporters from across the state and beyond, showcasing unity within the ruling party. The council noted that the rally is also intended to highlight the achievements of the Oyebanji administration and reinforce confidence in its development agenda. Vice President Shettima’s expected presence, alongside other governors, is seen as a strong political signal of backing from the APC national leadership. Supporters of the governor have continued to point to ongoing projects in infrastructure, education, and economic development as key reasons for his re-election campaign. Political observers say the rally could play a significant role in shaping voter sentiment as campaigns intensify across the state. Security arrangements are reportedly being put in place to ensure a peaceful and orderly event. The APC says it remains confident of victory, citing growing grassroots support and party cohesion ahead of the polls. 

A

Arun

Jun 15, 2026

11 hours ago
Views 6 Shares 0 Likes 0
Living Beside Death: Ogun Residents Battle Toxic Dumpsite, Killer Road
Metro
7 min read

Living Beside Death: Ogun Residents Battle Toxic Dumpsite, Killer Road

Residents of several communities in Ogun State are living under harsh and hazardous conditions as they contend with a toxic dumpsite and a deteriorating road that locals describe as life-threatening. The dumpsite, located close to residential areas, is reportedly emitting foul odours and exposing residents to health risks, with fears of possible disease outbreaks due to poor waste management practices. Community members say the situation worsens during rainy periods when runoff from the site spreads into nearby homes and water sources, raising concerns about environmental contamination. In addition to the dumpsite, residents also lament the condition of the connecting road, which has reportedly become nearly impassable due to deep potholes, erosion, and lack of maintenance. Locals describe the route as a “killer road,” saying it has led to accidents, delays in emergency response, and economic hardship for traders and commuters who depend on it daily. Many residents have called on the Ogun State Government and relevant agencies to urgently intervene by relocating the dumpsite and rehabilitating the road to prevent further loss of lives and livelihoods. Environmental activists have also raised concerns, warning that prolonged exposure to waste pollution could have long-term health implications for surrounding communities. They urged authorities to adopt sustainable waste management systems and invest in infrastructure upgrades to protect public health and safety. While officials are yet to issue a detailed response, residents say they are hopeful that renewed attention will lead to swift action. For now, affected communities continue to endure what they describe as a daily struggle for survival in an unsafe environment. 

A

Arun

Jun 15, 2026

11 hours ago
Views 6 Shares 0 Likes 0
Domestic Gas Sales Rise 30% On Reforms — Report
Business
6 min read

Domestic Gas Sales Rise 30% on Reforms — Report

Domestic gas sales have increased by about 30 percent following recent policy reforms aimed at improving supply, distribution, and pricing efficiency in the sector, according to a new industry report. The report attributed the growth to government-backed reforms that have encouraged greater local consumption of liquefied petroleum gas (LPG), alongside improved investment in storage and distribution infrastructure. It noted that increased awareness of cleaner energy alternatives, particularly for household cooking, has also contributed to rising demand for domestic gas across urban and semi-urban areas. Industry operators say the reforms have helped reduce bottlenecks in the supply chain, making gas more accessible to consumers and encouraging wider adoption as an alternative to kerosene and firewood. The report also highlighted growing private sector participation, with more distributors entering the market and expanding retail access points in several states. However, stakeholders warned that price volatility and infrastructure gaps in rural areas still pose challenges to sustained growth in domestic gas consumption. Energy experts say the 30 percent rise reflects positive momentum in Nigeria’s transition toward cleaner energy, but stress the need for consistent policy implementation and investment. They also called for stronger regulatory oversight to ensure that the benefits of reforms are passed on to end users in terms of affordability and availability. The report concludes that while progress has been recorded, long-term growth in domestic gas usage will depend on continued reforms and improved energy infrastructure nationwide. 

A

Arun

Jun 15, 2026

11 hours ago
Views 6 Shares 0 Likes 0
Nigerians, Others Buy $3.1bn Airtime On Credit
News Xtra
6 min read

Nigerians, Others Buy $3.1bn Airtime on Credit

A new industry report has revealed that Nigerians and other telecom users have collectively purchased about $3.1 billion worth of airtime on credit, reflecting the growing dependence on borrowed airtime services. The data shows that many subscribers increasingly rely on “airtime loan” or “credit top-up” services provided by mobile network operators, especially during periods of low cash flow or urgent communication needs. Telecommunications companies offer these services to allow users borrow airtime and repay automatically on their next recharge, making it one of the most widely used value-added services in the sector. Industry analysts say the rising figure reflects broader economic pressures, as more users turn to credit-based services to stay connected amid rising cost of living challenges. The report also noted that airtime credit services have become a major revenue stream for telecom operators, while also helping to maintain network engagement among low-income subscribers. However, experts have raised concerns about repayment deductions and the impact of repeated borrowing on users’ available airtime balance. Consumer advocates have called for greater transparency in charges and repayment terms, urging telecom companies to ensure fair usage policies. Despite concerns, demand for airtime-on-credit services continues to grow, driven by the need for constant communication in both personal and business activities. Analysts believe the trend underscores the intersection of digital services and economic hardship, as more Nigerians rely on flexible payment options to meet basic communication needs. The report highlights how telecom innovation is adapting to user realities, even as financial pressures shape consumer behaviour across the sector. 

A

Arun

Jun 15, 2026

11 hours ago
Views 8 Shares 0 Likes 0
Teacher’s Detention Sparks Uproar Among Lagos Colleagues
The Metrosection
7 min read

Teacher’s Detention Sparks Uproar Among Lagos Colleagues

There was tension in Lagos following the detention of a teacher, an incident that has triggered strong reactions and protests among colleagues within the education sector. The teacher was reportedly taken into custody under circumstances that have not been fully disclosed, prompting concern among staff and education stakeholders who are demanding transparency from authorities. Fellow teachers expressed anger over the development, describing the detention as troubling and calling for an immediate explanation of the reasons behind the arrest. The situation has also raised wider concerns within the teaching community, with unions and professional bodies urging relevant authorities to ensure due process is followed. Some colleagues argued that the detention could have a chilling effect on morale within schools if not properly addressed, especially if educators feel vulnerable in the course of their duties. Education stakeholders have called for calm while urging law enforcement agencies to clarify the circumstances surrounding the incident to prevent misinformation and escalation of tensions. Authorities are yet to issue a detailed public statement, though sources suggest investigations are ongoing into the matter that led to the teacher’s detention. Meanwhile, education unions have reportedly begun consultations to determine possible next steps, including engagement with government officials and security agencies. The incident has added to ongoing conversations about workplace rights, professional conduct, and the treatment of educators within the public service system. As the situation develops, stakeholders are calling for a resolution that balances accountability with respect for due process. 

A

Arun

Jun 15, 2026

12 hours ago
Views 6 Shares 0 Likes 0
68 Promises Still Unfulfilled As 10th National Assembly Nears End — Report
News Xtra
2 min read

68 Promises Still Unfulfilled as 10th National Assembly Nears End — Report

A new report has revealed that 68 key promises made by members of Nigeria’s 10th National Assembly remain unfulfilled as the current legislative term approaches its final phase. The assessment examined commitments made by lawmakers at the beginning of their tenure, including pledges related to governance reforms, economic development, security, education, healthcare, and public welfare. According to the report, while some progress has been recorded in certain areas, a significant number of promises are yet to be fully implemented or translated into tangible outcomes. Analysts say the findings highlight the growing gap between campaign commitments and actual legislative achievements, raising concerns among citizens and accountability advocates. The report noted that several proposed reforms and bills remain at various stages of the legislative process, while others have seen little or no movement since they were announced. Civil society groups have urged lawmakers to prioritize outstanding commitments before the end of the Assembly’s tenure, stressing the importance of delivering on promises made to the electorate. Political observers argue that legislative performance should be measured not only by the number of bills introduced but also by the impact of enacted policies on the lives of ordinary Nigerians. The findings have reignited conversations about transparency, accountability, and the need for regular performance tracking within democratic institutions. As the National Assembly moves closer to the end of its current term, citizens and stakeholders are expected to closely monitor efforts to address the outstanding pledges. The report serves as a reminder of the expectations placed on elected representatives and the importance of fulfilling commitments made to the public. 

A

Arun

Jun 15, 2026

12 hours ago
Views 6 Shares 0 Likes 0

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Agreement With Iran Has Been Largely Negotiated – Trump

US President Donald Trump has said that a comprehensive agreement with Iran has been “largely negoti...

Fortinet Enhances FortiAIGate With NVIDIA To Secure AI Agents And Cloud Workloads

Fortinet Enhances FortiAIGate With NVIDIA To Secure AI Agents And Cloud Workloads

Cybersecurity company Fortinet has expanded its FortiAIGate platform in collaboration with NVIDIA to...

Nokia Launches AI Networking Innovation Lab To Advance Next-Generation Data Center Tech

Nokia Launches AI Networking Innovation Lab To Advance Next-Generation Data Center Tech

Telecommunications giant Nokia has announced the launch of a new AI Networking Innovation Lab aimed...

stc Bahrain, Ithmaar Bank Partner To Simplify AWS Cost Management In Banking Operations

Stc Bahrain, Ithmaar Bank Partner To Simplify AWS Cost Management In Banking Operations

Telecommunications company stc Bahrain has entered into a partnership with Ithmaar Bank to streamlin...

Core42 Secures $550 Million HSBC Facilities To Expand Global AI Cloud Infrastructure

Core42 Secures $550 Million HSBC Facilities To Expand Global AI Cloud Infrastructure

Artificial intelligence and cloud computing company Core42 has secured $550 million in financing fac...

UAE Launches Sovereign AI Platform To Strengthen National Digital Infrastructure

UAE Launches Sovereign AI Platform To Strengthen National Digital Infrastructure

The government of the United Arab Emirates has unveiled a new sovereign artificial intelligence plat...

Ecentric Launches POSPay To Boost Branded Payment Services For Till Vendors In South Africa

Ecentric Launches POSPay To Boost Branded Payment Services For Till Vendors In South Africa

Payment technology company Ecentric Payment Systems has launched a new solution called POSPay, desig...

Togo Secures €24m Support For Drone Technology Project In Partnership With Poland

Togo Secures €24m Support For Drone Technology Project In Partnership With Poland

The government of Togo has secured €24 million in backing for a new drone technology initiative in c...

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PRIDE OF NIGERIA

Celebrating the achievements, culture, and excellence that make Nigeria proud

Genevieve Nnaji Returns to Screen in BBC Thriller Series ‘Wahala’
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Genevieve Nnaji Returns to Screen in BBC Thriller Series ‘Wahala’

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THE MAN WHO FED THE FUTURE: By Samuel Ogunremi
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Billboard faces backlash over ‘one-hit wonder’ tag on Rema
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EU extends carbon tax to washing machines, car parts

EU extends carbon tax to washing machines, car parts

An EU environmental levy on imports will be extended to cover scores of products made with steel and aluminium like washing machines and car parts

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In Case You Missed It

Catch up on important reads, updates, and highlights you may have overlooked

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Bayelsa Oil, Gas Park Progresses Steadily

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Last Updated Jun 15

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