Senate grills SEDC over ₦3.6bn expenditure, demands full financial records

By Seun Ibiyemi The Senate Committee on the South East Development Commission (SEDC) on Tuesday questioned the commission’s management over the utilisation of its ₦16.6 billion budgetary allocation, demanding comprehensive documentation to justify several expenditure items flagged during an oversight session in Abuja. The hearing, chaired by Senator Orji Kalu, representing Abia North Senatorial District,…

Read More

Petroleum Ministry backs LEICA 2026 to drive energy law reforms, net-zero transition

By Seun Ibiyemi The Federal Ministry of Petroleum Resources has been announced as the Anchor Partner for the Lawyers in Energy International Conference Africa (LEICA) 2026, reinforcing efforts to advance policy innovation, regulatory reforms and sustainable development within Nigeria’s energy sector. Organisers of the conference said the strategic partnership reflects a shared commitment to fostering…

Read More

Seafarers documentation, digitization takes center stage at Nigeria, Gambia forum

…We will sustain regional collaboration– NIMASA By Seun Ibiyemi The Federal Government of Nigeria through NIMASA has reaffirmed its commitment to strengthening seafarers’ documentation and maritime digitalization, a focus that was highlighted during a four-day study visit by officials of the Gambia Maritime Administration (GMA) to the Nigerian Maritime Administration and Safety Agency (NIMASA). The…

Read More

Contractors protest at Finance Ministry, dispute FG’s ₦700bn debt payment claim

…Says only N40bn has been disbursed By Seun Ibiyemi Members of the All Indigenous Contractors Association of Nigeria (AICAN) on Tuesday staged a protest at the Federal Ministry of Finance headquarters in Abuja, alleging that only ₦40 billion has been paid to local contractors despite government claims of a ₦700 billion debt clearance programme. The…

Read More

Shake-up: Seplat Energy appoints Tony Elumelu as Chairman, names Effiong Okon as CEO

Seplat Energy Plc has announced the appointment of renowned investor and business leader, Tony Elumelu, as Chairman of its Board of Directors, effective January 2027, as part of a significant leadership transition designed to position the company for its next phase of growth and expansion. The company also announced the appointment of Engr. Effiong Okon…

Read More

Invest Lagos summit confirms Lagos as Africa’s business gateway – Sanwo-Olu

Lagos State Governor, Babajide Sanwo-Olu, has declared that the successful conclusion of the Invest Lagos Summit 3.0 has provided concrete evidence that Lagos remains Africa’s foremost business gateway, attracting global investors, development partners and strategic institutions. Speaking at the closing ceremony of the two-day summit held at Eko Hotel and Suites, Victoria Island, Lagos, on…

Read More

FG unveils $1bn AfCFTA credit facility to boost exports, Intra-African trade

The Federal Government has announced access to a $1 billion African Continental Free Trade Area (AfCFTA) Adjustment Fund Credit Facility aimed at supporting Nigerian businesses, boosting production, enhancing competitiveness, and expanding intra-African trade. The Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, disclosed this on Tuesday during the second quarter 2026 meeting of the…

Read More

Flush out bandits, terrorists from Nigeria, Reps tell Tinubu

The House of Representatives has called on President Bola Tinubu to immediately implement a comprehensive and aggressive security strategy to dismantle bandit, terrorist and kidnapping networks operating across the country. The resolution followed the adoption of a motion of urgent public importance sponsored by Rep. Ibe Osonwa, representing Arochukwu/Ohafia Federal Constituency of Abia State, during…

Read More

Senate Gives BOA, NSPMC, REA One Week ultimatum over audit queries

..Senate Public Accounts Committee not out to witch-hunt officialls – Bamidele By Seun Ibiyemi The Senate Committee on Public Accounts has issued a one-week ultimatum to the Bank of Agriculture (BOA), the Nigerian Security Printing and Minting Company (NSPMC), and the Rural Electrification Agency (REA) to appear before it and respond to outstanding audit queries….

Read More