By Seun Ibiyemi President Bola Ahmed Tinubu has approved a new investment framework aimed at unlocking up to $50 billion in deep offshore investments and reviving major capital-intensive oil and gas projects that have remained stalled for years. The reform replaces project-by-project negotiations with a transparent, rules-based framework designed to provide greater certainty for investors…
By Seun Ibiyemi The Nigeria Customs Service (NCS), Seme Area Command, has intercepted prohibited and smuggled goods with a combined Duty Paid Value (DPV) of N365.16 million, including expired noodles, explosives, illicit drugs, foreign rice and other restricted items. The Customs Area Controller of the command, Comptroller Abdullahi Shuaibu Kaila, disclosed this on Tuesday, August…
Osun State Governor, Ademola Adeleke, has defended his public dancing, saying the hobby has not distracted him from his responsibilities or prevented his administration from delivering projects across the state. Adeleke spoke on Tuesday at a town hall meeting organised by Arise TV for candidates contesting the August 15 Osun State governorship election. Responding to…
By Seun Ibiyemi Troops of the Nigerian Army, in collaboration with the Nigerian Navy, Nigeria Police Force and local security groups, have rescued all 16 persons abducted by suspected kidnappers in Kogi State. The victims were kidnapped on Sunday, August 9, 2026, when armed criminals attacked commuters along the Ojuwo–Ajengo–Memarebo and Ojiwo–Itobe roads in Ofu…
By Seun Ibiyemi President Bola Ahmed Tinubu has congratulated Senator Adeola Solomon Olamilekan, popularly known as Yayi, on his birthday, commending his years of public service and contributions to the development of Ogun and Lagos states as well as Nigeria. In a statement issued on Monday by his Special Adviser on Information and Strategy, Bayo…
United Bank for Africa (UBA) Plc has partnered with Mikano Motors to introduce a vehicle financing scheme aimed at expanding access to new cars for Nigerians, with customers required to provide only 30 per cent of the vehicle cost upfront. Under the initiative, tagged “Drive Your Dream Today,” UBA will finance the remaining 70 per…
The Dangote Petroleum Refinery rejected about 15.5 million barrels of crude oil offered by producers in the second quarter of 2026, according to data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). However, the refinery has disputed the claim, challenging the regulator to provide detailed statistics showing the crude volumes allegedly offered and rejected…
Oyo State Governor, Seyi Makinde, has ruled out playing the role of a political godfather after leaving office in 2027, saying his successor must be allowed to govern independently without undue interference. Makinde made the declaration on Monday amid growing political attention over the succession struggle in Oyo State ahead of the 2027 general elections….
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has dismissed reports that he is lobbying to become the Director-General (DG) of the All Progressives Congress (APC) Presidential Campaign Council ahead of the 2027 general elections. Wike, however, reaffirmed his commitment to supporting President Bola Tinubu’s re-election bid, saying he does not require a…
By Seun Ibiyemi President Bola Ahmed Tinubu has set an ambitious target to more than double the contribution of Nigeria’s livestock sector to the national economy, potentially lifting its annual economic value from over $32 billion to more than $64 billion. The President disclosed this on Monday in Abuja at the opening of the 9th…
