By Adeyemi David The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has searched the Abuja residence of former Kaduna State Governor, Nasir El-Rufai, as investigations into alleged financial misconduct continue to unfold. Muyiwa Adekeye, media aide to the former governor, confirmed on Thursday that ICPC officials conducted a search at El-Rufai’s residence on…
By Adeyemi David The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has strongly opposed President Bola Tinubu’s Executive Order directing the Nigerian National Petroleum Company Limited (NNPC) Limited to remit oil and gas revenues directly into the Federation Account. At a press conference in Lagos on Thursday, PENGASSAN President, Festus Osifo, described…
By Seun Ibiyemi Nigeria has agreed to serve as the pilot country for the formal implementation of the Regional Record of Authorised Fishing Vessels in West Africa, a move the government says reflects its belief that credible leadership must be matched by practical action to combat illegal fishing and strengthen marine governance across the Gulf…
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has urged developing economies to pursue coordinated reforms in digital cross-border payments to drive inclusive growth, enhance financial stability, and deepen global financial integration. Speaking at the 2026 G-24 Technical Group Meetings (TGM) in Abuja, Cardoso stressed that efficient and modern payment systems…
The Federal Airports Authority of Nigeria (FAAN) has announced the cessation of all cash transactions across its operations nationwide, effective February 29, 2026, in compliance with the Federal Government’s cashless policy directive. The decision, which received approval from the Federal Executive Council, mandates that all financial and business transactions conducted by the agency be processed…
By Adeyemi David President Bola Tinubu has defended the sweeping executive order he signed on February 13, 2026, restructuring the financial architecture of Nigeria’s oil and gas sector, declaring that the move was aimed at ending decades of structural leakages that have deprived Nigerians of the full benefits of the nation’s hydrocarbon wealth. In a…
… Strips NNPC of right to withhold oil revenues President Bola Tinubu has issued an Executive Order directing direct remittance of oil and gas revenues to the Federation Account. The order is to safeguard and enhance revenues, curb wasteful spending and eliminate duplicative structures in the sector. This is contained in a statement issued by Presidential…
The Nigeria Customs Service (NCS) has officially reopened the Seme Border in Lagos, seven years after its closure against the Benin Republic over alleged smuggling activities, in a move aimed at strengthening regional trade and boosting national revenue. Comptroller-General of Customs, Dr Bashir Adewale Adeniyi, confirmed the reopening in an interview with Shipping Position, describing…
President Bola Ahmed Tinubu has formally signed the Electoral Act Amendment Bill 2026 into law, setting the legal framework for the 2027 general elections and igniting fresh debates over electoral reform in the country. The brief ceremony took place at the State House in Abuja on Wednesday, 18 February 2026, with principal officers of the National Assembly…
Former Minister of Transportation and chieftain of the African Democratic Congress (ADC), Hon. Chibuike Rotimi Amaechi, on Tuesday announced his intention to contest the 2027 presidential election under the ADC banner. Speaking on his confidence to secure the party’s ticket, Hon. Amaechi said, “If I lose, I will remain in ADC. But I believe I…
