Oil output target requires peace, Tantita’s pipelines protection to succeed – Stakeholders

By Emeka Anaeto, Business Editor Nigeria has opened a new chapter in its upstream petroleum development with the last licensing round conducted by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). It targets 500 million barrels in new reserves and 300,000 barrels per day within three years. For many stakeholders, the continued protection of oil pipelines […]
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Customs agents threaten protest over alleged manifest manipulation by shipping firms

By Godwin Oritse Members of the Association of Nigerian Licensed Customs Agents (ANLCA) have threatened to stage a protest over the alleged manipulation of ship manifests by some shipping companies, warning that they will expose those responsible if urgent action is not taken.  The agents said the practice could disrupt port operations and further weaken the […]

Nigeria risks losing Africa’s tech investment edge, LCCI warns

•Urges more predictable regulatory environment By Yinka Kolawole  The Lagos Chamber of  Commerce and Industry, LCCI, has warned that Nigeria risks losing its position as Africa’s leading technology hub unless the government accelerates policy reforms, expands digital infrastructure and creates a more predictable regulatory environment to attract investment. Speaking at the opening of the 12th […]

Stakeholders call for stronger investment in parenting support in Akwa Ibom

By Japhet Davidson Government leaders, researchers, media professionals, child protection experts, academics, civil society organisations and community stakeholders have called for greater investment in evidence-based parenting programmes as a critical strategy for protecting children, strengthening families and improving child wellbeing in Akwa Ibom State. The call was made during a stakeholder dissemination workshop titled “From […]

Nigeria loses 62,400GWh electricity as gas flaring rises 18.6% 

•Expert blames weak power market, poor gas monetisation incentives  By Ediri Ejoh Despite the Federal Government’s gas flaring penalties and efforts to curb the practice, Nigeria lost an estimated 62,400 gigawatt-hours (GWh) of potential electricity generation from flared gas between 2024 and 2025, representing an 18.6 per cent increase from 50,800 GWh recorded during 2022 and […]

NASS commends SEC on fiscal sustainability, revenue growth

By Peter Egwuatu The National Assembly has commended the Securities and Exchange Commission (SEC) for strengthening its fiscal sustainability through improved revenue generation and prudent cost management. Deputy Chairman of the House of Representatives Committee on Finance, Hon. Saeed Musa Abdullahi, gave the commendation during the 2026 Revenue Monitoring Exercise with the Commission in Abuja. Addressing […]

S&P Global buys majority stake in Nigeria’s  Agusto & Co

•Move to deepen Africa’s debt markets, boost credit transparency By Babajide Komolafe S&P Global has agreed to acquire a majority stake in Agusto & Company Limited, a leading Pan-African credit rating agency, in a move aimed at strengthening its presence in Africa’s domestic debt markets and enhancing credit transparency across the continent. The transaction, which is […]

Petrol depot prices drop as marketers slash rates by up to N23/litre 

By Udeme Akpan Petrol depot prices declined across major supply centres  yesterday  as marketers implemented fresh price cuts, signalling increased competition in the downstream petroleum market. An analysis of the mid-day depot price report showed that most major depots in Lagos, Warri, Calabar and Port Harcourt either reduced their prices or maintained existing rates, with no […]

Nigeria loses 47% of dollar millionaires, retains 4th position in Africa

By Babajide Komolafe Nigeria has lost nearly half of its dollar millionaires over the past decade, with the population of high-net-worth individuals falling by 47 per cent between 2015 and 2025, according to the 2025 Africa Wealth Report by Henley & Partners in collaboration with New World Wealth. Despite the sharp erosion in private wealth, Nigeria […]

Gunmen kill Army Colonel in Abuja, shot wife

…as mob kills Unijos graduate over alleged phone theft By Kingsley Omonobi & Golok Nanmwa Gunmen have killed a serving Nigerian military officer of the Nigerian Army Intelligence Corp, Colonel Abdussalam Ude at his residence in the Kurudu area of Abuja. This came as the Plateau State Police Command has arrested three suspects over the alleged […]

Ambassador Nwaobiala congratulates Joseph Onah on National Diaspora Merit Award

Nigeria Ambassador to Côte d’Ivoire, Ezenwa Chukwuemeka Nwaobiala has congratulated High Chief Joseph Ajah Onah on his conferment of the 2026 National Diaspora Merit Award by the Nigerians in Diaspora Commission (NiDCOM). Onah, President of the Benue State Union in Côte d’Ivoire, international businessman and philanthropist, received the prestigious award on Saturday, July 25, during […]

So, who killed Abacha and Abiola? By Ochereome Nnanna

So much is touted about the “inviolability” of the sovereignty of nations under the United Nations Charter. It simply means that a nation’s entitlement to full control of its territory and affairs cannot be forcefully intruded upon by external powers. In practice, however, the amount of power a state projects determines its ability to defend its […]

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