The National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Chinedu Ukadike, has criticised the Nigerian National Petroleum Company Limited (NNPC) for attempting to expand its stake in the Dangote Petroleum Refinery while government-owned refineries remain dormant. Ukadike reacted after the President of the Dangote Group, Aliko Dangote, revealed that the refinery…
In a strategic move to fortify Nigeria’s financial integrity, the Africa Network for Environment and Economic Justice, ANEEJ has launched a €111,000 project aimed at empowering journalists and civil society organizations (CSOs) to lead the offensive against Illicit Financial Flows ,IFFs. The initiative is a critical component of the broader €46.5 million SecFin Africa project,…
A coalition of civil society organizations (CSOs), government agencies, and international development partners has committed to a unified “whole-of-society” approach to dismantle the networks of Illicit Financial Flows (IFFs) draining Nigeria’s economy. The commitment follows the public presentation and validation of the “Research Report on the Assessment of Nigeria’s Legal and Institutional Framework for Addressing…
The Nigeria Deposit Insurance Corporation (NDIC), acting as liquidator of the defunct Gulf Bank Plc, has instituted two separate suits against Wema Bank Plc at the Federal High Court in Lagos over disputed Banana Island properties valued at more than N125.3 billion and an alleged unauthorized N401 million transaction. According to court filings, the disputed…
Several communities in Ogun State will experience a six-hour power outage on Thursday, May 14, 2026, following a planned maintenance exercise by the Transmission Company of Nigeria (TCN). The outage, scheduled between 10:00 a.m. and 4:00 p.m., is due to preventive maintenance on the 40MVA 132/33kV transformer at the McPherson Transmission Substation. According to TCN,…
Nigeria’s sprint hurdles queen Tobi Amusan has secured the country’s first gold medal at the ongoing African Athletics Championships in Ghana after winning the women’s 100m hurdles final in dominant fashion. The former world champion and world record holder delivered another commanding performance on Wednesday, having already posted the fastest times in both the heats and semi-finals…
The Peoples Democratic Party has commenced the screening of aspirants ahead of the 2027 general elections, with Natasha Akpoti-Uduaghan successfully completing the process for the Kogi Central Senatorial District. The screening exercise, held in Lokoja, Kogi State, marks the beginning of internal party activities leading to the PDP primaries for the 2027 elections. Speaking after the exercise, Senator Akpoti-Uduaghan…
The Federal High Court in Abuja has ordered the final forfeiture of multi-billion naira assets and investments linked to former Acting Accountant-General of the Federation, Chukwunyere Nnabuoku, following his conviction over financial crimes. Delivering the ruling, Justice James Omotosho held that the application filed by the Economic and Financial Crimes Commission (EFCC) was valid and supported by law. The court…
President Bola Ahmed Tinubu and President Paul Kagame have agreed to deepen diplomatic and economic relations between Nigeria and Rwanda following a high-level meeting at the Urugwiro Presidential Villa in Kigali ahead of the Africa CEO Forum. The two African leaders reaffirmed their commitment to revitalising the Joint Permanent Ministerial Commission (JPMC), first signed in…
Bola Ahmed Tinubu has arrived in Rwanda ahead of the 13th edition of the Africa CEO Forum 2026 scheduled to begin on Thursday in Kigali. The Nigerian President was received at the Presidential Wing of Kigali International Airport by top officials, including Nigeria’s Minister of State for Foreign Affairs, Bianca Odumegwu-Ojukwu, alongside other dignitaries. President Tinubu later met with Paul Kagame at the…
