Oil Production: Nigeria misses target for sixth consecutive month as output drops

Nigeria failed to meet its assigned crude oil production quota for the sixth month in a row, according to the latest report from the Organisation of the Petroleum Exporting Countries (OPEC). The OPEC monthly report, released on Wednesday, showed that Nigeria’s crude oil output fell to 1.478 million barrels per day (bpd) in January 2026,…

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Panic as Arik Air flight makes emergency diversion to Benin after engine anomaly

By Adeyemi David Passengers aboard an Arik Air Boeing 737-7GL flight from Lagos to Port Harcourt experienced a tense moment on Wednesday after the aircraft reported an in-flight engine anomaly and was forced to divert to Benin Airport, according to the Nigerian Safety Investigation Bureau (NSIB). The NSIB, in a statement signed by its Director…

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NAFDAC denies FG directive to halt enforcement on sachet alcohol regulation

By Adeyemi David The National Agency for Food and Drug Administration and Control (NAFDAC) has dismissed reports claiming that the Federal Government directed it to suspend enforcement actions on sachet alcohol and 200ml PET bottle alcoholic products, describing the publication as false and misleading. In a statement signed by its Director General, Prof. Mojisola Adeyeye,…

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Oyetola celebrates Greg Ogbeifun at 75, commends his contributions to Nigeria’s Marine and Blue Economy

The Honourable Minister of Marine and Blue Economy, His Excellency Dr Adegboyega Oyetola, CON, has congratulated Engr. Greg Ogbeifun, pioneer President of the Shipowners Association of Nigeria (SOAN) and Chairman of Starzs Investments Company Limited, on the occasion of his 75th birthday, describing him as a towering figure in Nigeria’s maritime industry. In a press…

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Oyetola laments inadequate funding for Marine and Blue Economy, presents ₦10.5bn 2026 budget

The Minister of Marine and Blue Economy, His Excellency Dr. Adegboyega Oyetola, CON, on Tuesday presented a ₦10,499,984,667.10 budget proposal for the Federal Ministry of Marine and Blue Economy for the 2026 fiscal year, lamenting that the allocation was grossly insufficient to effectively execute the ministry’s wide-ranging mandate critical to Nigeria’s trade, transport efficiency and…

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SAIPEC 2026: NCDMB calls for stronger African collaboration to deepen local content

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has called for stronger collaboration among African nations, governments, and industry stakeholders to advance local content development across the continent’s energy sector. Speaking at the 10th anniversary edition of the Sub-Saharan African International Petroleum Exhibition and Conference (SAIPEC 2026),…

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EBID appoints Baba Malick Ba as regional director for west africa operations

The ECOWAS Bank for Investment and Development (EBID) has appointed Mr. Baba Malick Ba as Regional Director responsible for overseeing operations in Côte d’Ivoire, Senegal, The Gambia, Burkina Faso, Cape Verde, and Guinea, effective February 1, 2026. He will be based at the Bank’s Abidjan office. In his new role, Ba is expected to support…

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NAFDAC debunks viral video claiming ban on Amoxicillin in Nigeria, reassures public of drug’s safety

The National Agency for Food and Drug Administration and Control (NAFDAC) has debunked a viral social media video alleging that the agency secretly banned the sale and use of Amoxicillin in Nigeria, describing the claim as false, misleading, and without any factual basis. In a statement released by its Director-General and Chief Executive Officer, Prof….

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CGC Adeniyi strengthen stakeholders’ engagement with historic visit to Emir of Gwandu

…Charges Kebbi command officers on discipline, transit integrity By Adeyemi David The Comptroller-General of Customs (CGC), Bashir Adewale Adeniyi, on Saturday, 7 February 2026, paid homage to the Emir of Gwandu, His Royal Highness Muhammadu Bashar, as part of ongoing efforts by the Nigeria Customs Service (NCS) to deepen collaboration with traditional institutions in strengthening…

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Customs reaffirms commitment to secure borders as FG approves reopening of Tsamiya corridor

The Nigeria Customs Service (NCS) has reaffirmed its commitment to strengthening border security and facilitating legitimate transit trade following the Federal Government’s approval to reopen the Tsamiya Border Corridor in Kebbi State. The development was announced during a high-level stakeholders’ engagement held at the Government House in Kebbi over the weekend. The meeting brought together…

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