By Seun Ibiyemi The House of Representatives Committee investigating the controversial Presidential Foreign Investment Promotion Council (PFIPC) has directed the Inspector-General of Police (IGP), Olatunji Disu, to produce the self-acclaimed Director-General of the organisation, Adeyemi Adeniyi, within 48 hours as lawmakers deepen their probe into the alleged activities of the agency. The directive was issued…
By Seun Ibiyemi A former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has urged shipping companies and maritime stakeholders to embrace decarbonisation and green maritime practices, describing them as critical drivers of competitiveness, profitability and long-term sustainability rather than mere regulatory obligations. Peterside, a maritime regulation and compliance expert,…
As Nigerian businesses grapple with high borrowing costs, inflation and limited access to finance, FirstBank Nigeria has said healthy cash flow has become the most important factor in determining whether small businesses qualify for loans, with collateral now playing a secondary role. Business Manager, Retail Banking Group (RBG), Ejigbo Branch, Idris Olalekan Garuba, said many…
By Seun Ibiyemi The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, the Technical Adviser to the Vice President on Transportation, Logistics and Innovation, Dr. Segun Obayendo, and the Managing Director of the Nigerian Railway Corporation (NRC), Dr. Kayode Opeifa, have confirmed their participation in the 2026 Transportation Summit organised by the Transportation Correspondents…
By Seun Ibiyemi The National Drug Law Enforcement Agency (NDLEA) has arrested a 55-year-old Lagos trader, Onuigbo Ndubisi Chinedu, for allegedly attempting to smuggle 3.30 kilograms of cocaine concealed in cartons of food items destined for the United Kingdom, as the agency intensified its crackdown on drug trafficking across the country. The suspect, a clothing…
The Minister of State for Defence, Bello Matawalle, has directed the military to intensify efforts to rescue the Chairman of Bungudu Local Government Area of Zamfara State, Nura Abdullahi, and members of his family abducted by terrorists. Matawalle gave the directive in a statement on Sunday while condoling with the people of the Bungudu Emirate…
The Buhari Media Organisation (BMO) has dismissed claims linking the late former President Muhammadu Buhari to the creation of the controversial Presidential Foreign Intervention Promotion Council (PFIPC), insisting that the former leader only established the Presidential Economic Advisory Council (PEAC). In a statement issued on Sunday by its Director-General, Tanimu Yakubu, the group described reports…
…As Aide defends Obi-Kwankwaso role Fresh controversy has erupted over the political stance of former President Olusegun Obasanjo ahead of the 2027 general election, following conflicting claims over whether he is quietly backing President Bola Tinubu’s re-election or actively supporting an opposition alliance. The dispute comes amid intensified coalition talks and political realignments among opposition…
By Seun Ibiyemi Former Vice President and African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has questioned the Federal Government’s continued borrowing despite what he described as an estimated ₦7.98 trillion windfall from higher-than-budgeted international crude oil prices. In a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku accused the…
By Seun Ibiyemi The Socio-Economic Rights and Accountability Project (SERAP) has instituted a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL) at the Federal High Court in Abuja, seeking an order compelling the state-owned oil firm to account for more than ₦211 trillion recorded in its 2023 audited financial statements. In the suit, marked…
