By Seun Ibiyemi Nigeria’s real Gross Domestic Product (GDP) grew by 4.07 per cent in the fourth quarter of 2025, driven largely by increased crude oil production, according to the latest report released on Friday by the National Bureau of Statistics (NBS). The growth rate represents an improvement over the 3.76 per cent recorded in…
By Adeyemi David The Independent National Electoral Commission (INEC) has released a revised timetable for the 2027 General Election, bringing forward the dates for the presidential and National Assembly polls in line with the new Electoral Act, 2026. Under the updated schedule issued on Thursday in Abuja, Presidential and National Assembly elections will now hold…
By Seun Ibiyemi Tension is mounting between the Federal Competition and Consumer Protection Commission (FCCPC) and airline operators in Nigeria following allegations of price-fixing in the country’s aviation sector. The regulatory standoff began after the Federal Competition and Consumer Protection Commission (FCCPC) disclosed that it had received complaints alleging coordinated airfare increases among domestic carriers,…
By Seun Ibiyemi The Federal Competition and Consumer Protection Commission (FCCPC) has uncovered patterns of alleged price manipulation by some domestic airlines during the December 2025 festive season. The Chief Executive Officer of the commission, Mr. Tunji Bello, disclosed this in an interim report released on Thursday by the agency’s Department of Surveillance and Investigations….
By Seun Ibiyemi The Federal Ministry of Health and Social Welfare has told the Federal High Court that the National Agency for Food and Drug Administration and Control (NAFDAC) is legally empowered to enforce the ban on alcoholic beverages packaged in sachets, PET bottles, and glass containers below 200 millilitres. In a counter-affidavit filed on…
By Seun Ibiyemi The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued a final reminder to prospective investors, announcing that the window for pre-qualification applications for the Nigeria 2025 Licensing Round will close on Friday, February 27, 2026. In a public notice released on Wednesday, the Commission stated that the registration and submission portal would…
By Femi Akinwami An Ikeja Special Offences Court on Wednesday admitted a petition and 39 annexures as evidence in the ongoing trial of former Ahmed Kuru amcon md”], former Managing Director of the Asset Management Corporation of Nigeria (AMCON), over an alleged fraud involving N76 billion and $31.5 million.Alleged $25.5m debt: Court freezes account of Green…
By Seun Ibiyemi The Nigeria Customs Service (NCS) Federal Operations Unit (FOU) Zone ‘A’ has organised a reputation management workshop aimed at strengthening professionalism, enhancing stakeholder relations and building public confidence among its officers. The Comptroller in charge of the unit, Gambo Aliyu, made this known during the workshop held on Tuesday, February 24, 2026,…
By Seun Ibiyemi The leadership of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has paid a strategic courtesy visit to the Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Saidu Mohammed in a move aimed at reinforcing collaboration within the nation’s downstream petroleum sector. The delegation,…
By Seun Ibiyemi The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs Oritsemeyiwa Eyesan, has pledged to enhance transparency and fully digitise the Commission’s internal communications and operations within 60 days. Eyesan made the commitment when the Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Dr Musa Adar, paid a…
