The Nigerian National Petroleum Company Limited (NNPCL) has pledged 272,500 barrels per day of crude oil through a series of crude-for-loan deals totalling $8.86bn. By pledging 272,500 barrels daily, it means that about 8.17 million barrels of crude will be used for different loan deals by the national oil firm on a monthly basis. This…
A devastating tanker explosion has claimed the lives of 30 people, leaving about 40 others injured in Essan and Badeggi communities along the Bida–Agaie road in Katcha Local Government Area of Niger State. The tragic tanker explosion incident, which occurred around 11 a.m. on Tuesday, erupted after a tanker laden with petroleum products toppled…
Hadi Sirika, the former minister of aviation, has denied reports that he has joined the African Democratic Congress (ADC), the platform for opposition politicians seeking to unseat President Bola Tinubu in 2027. Sirika is reacting to comments by Nyesom Wike, minister of the federal capital territory (FCT), during an interview on Arise TV and a…
Troops of Operation SAFE HAVEN (OPSH) have arrested two suspected members of the Islamic State’s West Africa Province (ISWAP) posing as tailors in Plateau State, as part of a series of coordinated operations between April 11 and 12. The operations also led to the recovery of firearms and the neutralisation of a suspected bandit. In…
Minister of Finance and Coordinating Minister of the Economy, Wale Edun has disclosed a new government policy that would permit Nigerians who are keeping dollars outside the banking system to bring those funds into the financial system. Edun, said such individuals have a nine-month grace period to comply with the directive without attracting legal liability…
The Peoples Democratic Party (PDP) says the 2027 elections will be a contest against hunger, insecurity and hardship — pervasive on the watch of the All Progressives Congress (APC). Speaking at a press conference on Tuesday in Abuja, Debo Ologunagba, PDP spokesperson, said Nigerians have become “wiser” and would not re-elect the APC. Ologunagba claimed…
The Delta Police Command, has reported significant breakthroughs in its ongoing efforts to combat crime, announcing the arrest of suspected kidnappers and the neutralisation of an armed robbery gang in separate operations. According to a statement by the Command’s Public Relations Officer, Bright Edafe, operatives of the Command’s Special Anti-Kidnapping and Cyber Crime Squad, led…
The Federal High Court in Lagos has fixed Monday, January 20, 2025, for the Economic and Financial Crimes Commission (EFCC) to arraign the Chairman of Honeywell Group, Chief Oba Otudeko and a former First Bank Managing Director, Stephen Olabisi Onasanya, for allegedly looting N12.3billion from First Bank. Otudeko – former Chairman of First Bank of…
Operatives of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) have arrested a former Commissioner of Finance and Accountant General in Kaduna State, under Nasir el-Rufai’s administration, Shizzer Joy Nasara Bada, at the Lagos Airport. Bada was reportedly travelling out of the country on Sunday when ICPC operatives apprehended her at the Murtala…
Facebook user, Vincent Udo has raised the alarm over a theft he claims took place on Monday at a shopping complex in Abuja. Udo’s Facebook post, which has quickly gone viral, includes a CCTV footage that shows three women dressed in hijabs stealing three laptops from a store. In the video, a man who is…