By Emmanuella Anokam Abuja, March 31, 2025 (NAN) The Nigeria Extractive Industries Transparency Initiative (NEITI) has announced a review of divestments involving 26 oil blocks worth $6.03 billion by five International Oil Companies (IOCs). The Executive Director, NEITI, Dr Orji Ogbonnaya Orji, made this known during its first quarter media briefing in Abuja. The transactions include notable […]
Author: umunna
Sallah: 2 children killed, 20 injured in Gombe stampede – Police
By Peter Uwumarogie The Police Force Gombe State Command has confirmed the death of two children following a stampede at the Gombe main Eid Ground. The Command’s spokesperson, DSP Buhari Abdullahi, disclosed this in a statement issued on Sunday in Gombe. According to Abdullahi, the incident occurred at about 10:45 a.m. at the exit gate […]
We removed FCT from TSA to speed up development – Tinubu
By Salif Atojoko Abuja, March 30, 2025 (NAN) President Bola Tinubu says his administration removed the Federal Capital Territory (FCT) from the Treasury Single Account (TSA) to expedite development and enhance participation of residents in governance. The President said this when he received FCT residents led by Mr Nyesom Wike, the FCT Minister, who paid […]
Nigeria gets final nod to host 2026 Commonwealth Fencing Championships
By Vivian Ahanmisi The Commonwealth Fencing Federation (CFF) has formally awarded the hosting right for the 2026 Commonwealth Fencing Championships to the Nigeria Fencing Federation (NFF) ahead of Australia. The award followed the provisional hosting right granted to Nigeria a few months ago making her the first sub-Saharan nation to stage the tournament. This […]
Tinubu signs Investments, Securities Act 2025 into law
By Taiye Olayemi President Bola Tinubu has assented to the Investments and Securities Act (ISA) 2025, which repeals the Investments and Securities Act No. 29 of 2007. This landmark legislation strengthens the legal framework of the Nigerian capital market, enhances investor protection and introduces critical reforms to promote market integrity, transparency and sustainable growth. This […]
NESG advises FG on 2.2m bpd oil output for budget success
By Nana Musa The Nigeria Economic Summit Group (NESG) has advised the Federal Government to sustain the crude oil production level of 2.2 million barrels per day (bpd) to ensure the feasibility of the 2025 budget. Dr Tayo Aduloju, the Chief Executive Officer of NESG, gave the advice at the group’s media interaction on presentation […]
Why NBA faults state of emergency in Rivers – Wike
By Philip Yatai Minister of the Federal Capital Territory (FCT) Nyesom Wike has faulted the Nigeria Bar Association’s (NBA) stand that the declaration of state of emergency in Rivers by President Bola Tinubu was unconstitutional and illegal. Wike alleged that the NBA discredited Tinubu’s decision because the Rivers Government had promised to host their annual […]
EFCC: Achimugu’s investigations no connection to Atiku, Sanwo-Olu
By Isaac Aregbesola The Economic and Financial Crimes Commission (EFCC) has stated that its investigation into Ms. Aisha Achimugu is not politically motivated and has no connection to former Vice President Atiku Abubakar or Lagos State Governor Babajide Sanwo-Olu. EFCC Spokesperson Dele Oyewale made this clarification in a statement on Friday in Abuja. The commission […]
Seat reservation bill will address under-representation of women – Deputy Speaker
By Ikenna Osuoha The Deputy Speaker, House of Representatives, Rep. Benjamin Kalu has called for support for the Seat Reservation In Parliament Bill. This is contained in a statement issued by the Deputy Speaker’s Chief Press Secretary Chief Levinus Nwabughiogu, in Abuja on Friday. Kalu said that the legislation is designed to alter the […]
No leakage of Presidential communications to senate under Lado- Akpabio
By Naomi Sharang Sen. Godswill Akpabio has commended the Special Adviser to President Bola Tinubu on Senate matters, Sen. Basheer Lado, on ensuring that there are no leakages of private communication between the presidency and the senate. Akpabio, who is President of the senate, stated this on Thursday in the office of the special adviser, […]