By Seun Ibiyemi The Nigerian National Petroleum Company Limited (NNPC Limited) has said reforms in Nigeria’s oil and gas sector have increased the country’s crude oil production by 600,000 barrels per day (bpd), from about 1.2 million bpd to 1.8 million bpd. The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, disclosed…
By Seun Ibiyemi The Ogun State Police Command has recovered a Mercedes-Benz GLK, an AK-47 rifle and two rounds of 7.62mm ammunition during an operation in Ota, as investigations into recent robbery incidents in the area continue. The recovery followed a search of an unregistered Mercedes-Benz GLK, which led police operatives to discover the assault…
By David Oluwatosin Vice President Kashim Shettima has acknowledged the economic hardship Nigerians are experiencing following the Federal Government’s economic reforms but urged voters to re-elect President Bola Tinubu in the 2027 general elections. Shettima made the appeal at the All Progressives Congress (APC) presidential campaign rally held at the U.J. Esuene Stadium, Calabar, Cross…
By Seun Ibiyemi The Debt Management Office (DMO) has increased the interest rate on its three-year Federal Government of Nigeria (FGN) Savings Bond to 14.25 per cent per annum in its November 2026 offer, providing retail investors with higher returns on government-backed securities. The new rate represents an increase from the 14.071 per cent offered…
By Seun Ibiyemi The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has taken a swipe at politicians criticising the Rainbow Coalition, declaring that those opposing the political alliance lack the capacity to unite even their families and communities. Wike also intensified efforts to mobilise political support for President Bola Tinubu’s re-election in 2027,…
Currency held outside the banking system by Nigerians rose by 103.8 per cent to N4.923 trillion in September 2026 from N2.416 trillion recorded in September 2023, highlighting the sustained demand for physical cash despite the growing adoption of electronic payment channels. Data from the Central Bank of Nigeria (CBN) Money and Credit Statistics showed that…
…vows to continue campaign The Peoples Democratic Party (PDP) governorship candidate in Ogun State, Oladipupo Adebutu, has dismissed his exclusion from the Independent National Electoral Commission’s (INEC) final list of candidates for the February 6, 2027 governorship election as a temporary distraction, insisting that it would not derail his political activities. Adebutu spoke on Monday…
The Osun State chapter of the All Progressives Congress (APC) has unveiled a 110-member Presidential and Parliamentary Campaign Council ahead of the 2027 general elections. The party announced the composition of the council on Monday, following the inauguration of the APC Presidential Campaign Council by President Bola Ahmed Tinubu in Abuja and the subsequent inauguration…
By Seun Ibiyemi The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) will open its bidding portal for the 2026 oil and gas licensing round on November 20, as Nigeria steps up efforts to attract fresh investment into its upstream petroleum sector. The Commission Chief Executive, Oritsemeyiwa Eyesan, announced the date on Monday while engaging investors at…
By David Oluwatosin The Director-General of the Nigeria Centre for Disease Control and Prevention (NCDC), Dr Jide Idris, has clarified that the controversial N10bn emergency intervention fund approved by President Bola Tinubu was not exclusively meant to tackle Ebola Virus Disease but to strengthen Nigeria’s preparedness against multiple epidemic-prone diseases. Idris said the funding was…
