Business

NNPC Remits Profits Following Tinubu’s Full Revenue Directive The Nigerian National Petroleum Company (NNPC) has remitted ₦121.3 billion in Profit Sharing Contract (PSC) profits to the Federal Government for February 2026, in compliance…
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ADC Accused Of Misleading Nigerians The All Progressives Congress has accused the African Democratic Congress of misleading Nigerians by blaming the country’s rising poverty rate on the economic policies of President Bola Tinubu. The…
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Otti Seals $200m Investment Deal Abia State Governor Alex Otti has announced plans for a $200 million investment in large scale palm oil production and processing through a partnership with Presco Plc. The project is expected to…
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Ex Eagles Captain Demands For NFF Resignation Former John Obi Mikel has called for the resignation of officials of the Nigeria Football Federation after Nigeria failed to qualify for the 2026 FIFA World Cup. Speaking as a pundit on…
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Global Oil Move Shocks Market The International Energy Agency has announced that its 32 member countries will release 400 million barrels of oil from strategic reserves in a coordinated effort to stabilise global energy markets after…
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Court Stalls Ajudua’s $1.04m Fraud Case A Lagos court has postponed indefinitely the long-running fraud trial of alleged internet scam figure Fred Ajudua over a $1.043 million case. The decision was taken by Justice Mojisola Dada of…
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Fuel Hike Sparks Transport Increase The recent rise in petrol prices has pushed transportation costs higher for Nigerians across the country. Commuters in many cities are now paying more to travel as transport operators adjust fares…
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Fire Breaks Out At Secretariat In Abuja A fire incident was reported on Monday morning at the Federal Secretariat in Abuja, causing concern among workers and residents in Nigeria’s capital. The outbreak was seen in a video shared…
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Dangote Refinery Pauses Operations The Dangote Petroleum Refinery has suspended the loading of petrol at its facility until further notice, bringing operations at the loading gantry to a temporary halt. The development forced tanker…
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SERAP Drags FG To ECOWAS Court The Socio Economic Rights and Accountability Project has filed a lawsuit against the Federal Government at the ECOWAS Court of Justice over regulations allowing the interception of phone communications. …
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