US public records obtained by West Africa Weekly have revealed that Nigeria’s Federal Capital Territory (FCT) Minister, Nyesom Wike, secretly acquired a $2 million Florida mansion in March, registering it under the names of his children, Joaquin, Jazmyne, and Jordan, and his wife, Justice Eberechi Wike. Records further showed that Justice Wike is a registered member of …
The Central Bank of Nigeria (CBN) and the Nigerian Deposit Insurance Corporation (NDIC) have pledged commitment to enhancing collaboration for the stability of Nigeria’s financial system. The commitment was made when newly appointed management of the NDIC, led by Managing Director/Chief Executive Mr Thompson O. Sunday, recently paid a courtesy visit to the CBN Governor, …
By our reporters There is growing concern over the health of President Bola Tinubu, with credible sources confirming to The ICIR that preparations are underway by his medical team to potentially fly him abroad for urgent medical attention. However, the presidency has dismissed these concerns, describing them as mere “rumours”. According to information gathered by The …
President Bola Ahmed Tinubu has announced a substantial reward for Nigeria’s senior women’s basketball team, D’Tigress, following their historic win at the 2025 FIBA Women’s Afrobasket Championship. Each player will receive $100,000, while members of the coaching and technical staff will receive $50,000 each. Additionally, the entire team and coaching staff have been awarded the …
Nigeria’s literary community was abuzz with excitement this weekend as the Committee for Relevant Art (CORA), in collaboration with The Nigeria Prize for Literature, hosted a memorable book party in Lagos to honour the 11 authors longlisted for the prestigious 2025 edition of the literature prize. The event, which marked the first public appearance of …
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has refuted recent allegations claiming that a company was improperly awarded oil blocks just days after its incorporation during the 2024 Oil Block Licensing Round. Komolafe in response to a report suggesting that the NUPRC had violated its guidelines by …
The Centre for the Promotion of Private Enterprise (CPPE) has expressed its support for Nigeria’s recently re-based Gross Domestic Product (GDP) figures released by the National Bureau of Statistics (NBS). The re-basing, which now anchors the country’s GDP to a new base year of 2019, represents a key milestone in Nigeria’s economic management and statistical …
Seplat Energy Plc, Nigeria’s leading independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announced its unaudited results for the first half of 2025, posting impressive growth across revenue, production, and profitability. The company recorded revenue of ₦2.167 trillion for the six months ended June 30, 2025, a significant …
The Securities and Exchange Commission (SEC) has declared invalid the purported Annual General Meeting (AGM) of The Tourist Company of Nigeria (TCN) Plc, reportedly held on July 25, 2025, stating that all resolutions passed during the meeting are null and void. In a public notice, the Commission criticised actions taken by certain majority shareholders who …
The Nigerian National Petroleum Company Limited (NNPC) Ltd has officially ruled out the sale of the Port Harcourt Refining Company, reaffirming its commitment to completing high-graded rehabilitation and retention of the plant. The Group Chief Executive Officer (GCEO) of NNPC Limited, Bashir Bayo Ojulari, announced this at a company-wide town hall meeting on Tuesday at …
