By Seun Ibiyemi The Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola, on Monday received State Directors of the City Boy Movement (CBM) from the Southwest in his office in Abuja, reaffirming the importance of youth engagement and grassroots mobilisation in national development. The delegation, led by the Oyo State Director of the City…
By Seun Ibiyemi President Bola Ahmed Tinubu has assured state governors of his administration’s plan to establish state police, describing it as a crucial step toward curbing insecurity and ensuring the safety of Nigerians. Tinubu made the announcement on Monday night during an interfaith breaking of the fast ceremony, attended by governors from across the…
By Adeyemi David President Bola Ahmed Tinubu on Monday evening hosted an interfaith breaking of the fast with Nigeria’s State Governors, bringing together Muslim and Christian leaders as the country observes Ramadan and Lent. In his remarks, President Tinubu emphasized that beyond politics and policy, Nigerians are “first a people of conscience,” urging leaders to…
The Director-General of the Budget Office of the Federation, Tanimu Yakubu, has defended Executive Order 9 (EO9), stating that it does not amount to the President making new laws but rather enforces constitutional provisions on the custody of Federation revenues. Yakubu, who also serves as Secretary of the Implementation Committee on Executive Order 9, said…
By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE) has cautioned that Nigeria’s strong rebound in capital importation may prove fragile if structural weaknesses in the economy are not urgently addressed. In a statement issued on Sunday by Chief Executive Officer of the CPPE, Dr Muda Yusuf, read that total capital inflows into…
By Seun Ibiyemi The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, has led a high-powered management delegation to the Dangote Refinery and Petrochemical Complex in Ibeju-Lekki, Lagos State, for talks aimed at strengthening collaboration between both energy giants. The visit, which featured a guided tour of the facility, culminated in a…
By Seun Ibiyemi The Nigerian naira showed a mixed performance in foreign exchange markets over the weekend ending Friday, February 20, 2026, as differing dynamics in the official and parallel segments shaped its trajectory. Data from market sources on Friday showed that the naira appreciated in the parallel (informal) market, strengthening to about ₦1,340 per U.S….
By Seun Ibiyemi The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN)Executive order: Tinubu direct oil, gas revenue remittance to federation account has described the Federal Government’s Executive Order No. 9 as a reform-driven measure that will strengthen accountability and enhance investor confidence in Nigeria’s energy sector. National President of PETROAN, Dr Billy Gillis-Harry,…
By Seun Ibiyemi The Comptroller-General of Customs, Adewale Bashir Adeniyi, on Friday handed over 1,650 jerrycans of Premium Motor Spirit (PMS) valued at N40.7 million to the Nigerian Midstream and Downstream Petroleum Regulatory Authority for investigations. Speaking at the handover ceremony in Lagos, Adeniyi said the seized contraband was intercepted at various locations, including Badagry,…
By Seun Ibiyemi The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has endorsed the recent Executive Order signed by Bola Ahmed Tinubu directing that oilExecutive order: Tinubu direct oil, gas revenue remittance to federation account and gas revenues be paid directly into the Federation Account. The Commission described the directive as a landmark decision that…
