By Seun Ibiyemi The Nigerian National Petroleum Company Limited (NNPC Ltd.) has denied ownership of a truck reportedly intercepted with 2,145 kilogrammes of cannabis concealed in a compartment in Ondo State. In a statement issued on Monday, the company commended the National Drug Law Enforcement Agency (NDLEA) for its vigilance and professionalism in intercepting the…
By Seun ibiyemi Dr Taiwo Afolabi has called for increased investment, collaboration and professionalisation of Nigeria’s creative industry, urging stakeholders to transform African indigenous knowledge into a sustainable source of innovation, economic value and opportunities for future generations. Afolabi made the call at the 39th International Conference and 40th Annual General Meeting of the Society…
A United States-based political advisory and lobbying firm, Von Batten-Montague-York, has indicated plans to present video evidence in an ongoing US court dispute involving Federal Bureau of Investigation (FBI) and Drug Enforcement Administration (DEA) records linked to allegations concerning President Bola Tinubu. The firm disclosed this in a post on its verified X account on…
By Seun Ibiyemi The Federal Competition and Consumer Protection Commission (FCCPC) has launched an investigation into Uber’s abrupt withdrawal from the Nigerian market, focusing on how the ride-hailing company handled its outstanding obligations to customers. The FCCPC Chief Executive Officer, Tunji Bello, disclosed this in an interview with Bloomberg on Sunday, saying the commission was…
Twenty-six of the 34 Nigerian states reviewed by BudgIT relied heavily on allocations from the Federation Account in 2025, as their internally generated revenue (IGR) was insufficient to cover personnel costs. The finding was contained in BudgIT’s report titled Nigeria’s Economic Reforms: What Has Changed Across Nigeria’s States? An Analysis of State Finances in the…
By Seun Ibiyemi Electricity consumers across Nigeria failed to pay N48.85 billion in electricity bills in June 2026, according to commercial performance data released by the Nigerian Electricity Regulatory Commission (NERC). The 11 distribution companies (DisCos) billed customers N240.71 billion for electricity consumed during the month but collected only N191.86 billion, leaving a substantial gap…
Former Vice President and African Democratic Congress (ADC) chieftain, Atiku Abubakar, has cited United States President Donald Trump’s support for domestic energy production and refining as backing for his proposal to reintroduce a targeted production subsidy in Nigeria. Atiku made the remarks in a statement issued by his Senior Special Assistant on Public Communication, Phrank…
By Seun Ibiyemi The Nigeria Customs Service Board (NCSB) has confirmed the appointment of one Deputy Comptroller-General of Customs and five Assistant Comptroller-Generals of Customs, while reviewing the Service’s N4.30 trillion revenue collection as of June 2026. The decisions were taken at the Board’s 65th Regular Meeting held on September 2, 2026, and chaired by…
By Seun Ibiyemi The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Ahmed Tinubu to order an immediate investigation into more than ₦78.8 billion in public funds linked to Nigeria’s national cash-transfer programme and other social protection activities. SERAP made the demand in a letter dated September 5, 2026, signed by its…
By Seun Ibiyemi The Managing Director of Parts Central Limited, Henry Olaoluwa Onifade, has called for the conversion of plastic waste, water hyacinth and other marine litter into economic wealth through recycling, biofuels and other value-added processes. Onifade made the call in Lagos while interacting with maritime journalists during activities marking his birthday, where he…
