News

Energy expert outlines urgent fixes Multidimensional energy expert and Executive Director of the Foundation for Peace Professionals (PeacePro), Abdulrazaq Hamzat, has warned that Nigeria risks missing a historic global energy opportunity due to policy failures, regulatory friction, and inconsistent crude supply, which have constrained the 650,000 barrel per day Dangote Petroleum Refinery. Hamzat made the comments in a press statement …

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A 30-year-old Brazilian lady, Ms. Ingrid Rosa Benevides has been arrested by operatives of the National Drug Law Enforcement Agency (NDLEA) at the Nnamdi Azikiwe International Airport, Abuja.

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Royal Exchange Plc has announced the appointment of Mr. Ikeme Osakwe as its new chairman.

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In commemoration of this year’s International Day of Education, Promasidor Nigeria, a leading food and beverage company, has reinstated its commitment to promoting education and child nutrition in the country through various initiatives.

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The National Tax Policy Implementation Committee (NTPIC), chaired by Mr. Joseph Tegbe, has commenced structured stakeholder engagements to ensure a humane, inclusive, and well-coordinated implementation of the new Tax Acts, as the country undertakes significant fiscal reforms.

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The Chief of Army Staff (COAS), Lieutenant General Waidi Shaibu, has charged officers and soldiers graduating from Exercise Restore Hope IX to translate their intensive training into operational victories as they deploy across various theatres of operation to address Nigeria’s security challenges.

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By Dayo Emmanuel A coalition of civil society organisations in Lagos has strongly condemned the ongoing demolition exercise in Makoko, accusing the Lagos State Government of carrying out what it described as “systemic, illegal, cruel and deceitful forced evictions” deliberately targeted at the urban poor. The coalition, which converged at the International Press Centre (IPC), Lagos, on yesterday, said the …

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Panic spread in two Secondary Schools on Thursday as threats of bomb were reported following whatsapp messages received by staff of the schools.

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The latest in the Nigerian banking sector, as banks grapple with the recapitalization compliance deadline, is confronted with a familiar yet unsettling problem that stems from rising loan defaults amid expanding credit. Data from the Central Bank of Nigeria’s (CBN’s) latest macroeconomic outlook of 2025 showed that the banking industry’s Non-Performing Loans ratio climbed to an estimated 7 percent, pushing the sector above the prudential ceiling of 5 percent.

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‎Following the Company’s prior announcement regarding the sale of Etablissements Maurel et Prom SA (“M&P”) 20.07% shareholding in Seplat to a combination of Heirs Holdings Limited and Heirs Energies Limited, the Board of Seplat Energy Thursday announces the resignation of Mr. Olivier Cleret De Langavant as a Non-Executive Director effective 22 January 2026.

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