Former Nigerian President Olusegun Obasanjo has revealed that he has lived with diabetes for more than four decades, saying the condition remains incurable but can be effectively managed through discipline and healthy living. Obasanjo made the disclosure on Sunday at the launch of the “Lagos to the World” expedition, where he spoke about the importance …
The Alliance for Economic Research and Ethics has criticised the Presidency's 'Nigeria's Energy Sector Reforms: A Three-Year Review (2023–2026)' report, describing the document as a political communication exercise that overstates progress while overlooking major challenges facing the country's energy sector. In a statement titled 'A House Built on Sand: The Illusion of Progress in Nigeria's …
The Nigeria Deposit Insurance Corporation (NDIC) has restated its commitment to talent development and stronger collaboration between academia and industry through a structured leadership exposure programme aimed at preparing future business leaders for real-world corporate challenges. The initiative, known as the Executive Industry Immersion Challenge (EIIC), was organised in partnership with the Nile Business School, …
The Chairman and Chief Executive Officer of the National Drug Law Enforcement Agency (NDLEA), Brig.-Gen. Mohamed Buba Marwa (retd.), has warned that Nigeria risks a deepening social crisis if citizens fail to confront the growing pop culture that glamorises drug abuse among young people. Marwa issued the warning on Thursday in Abuja during the official …
Three governorship aspirants seeking the All Progressives Congress (APC) ticket in Adamawa State have withdrawn from the race and endorsed Ahmed Galadima Aminu ahead of the party’s governorship primary election. The aspirants, Engr. Diaulhaq Abubakar, Comrade Mustapha Salihu and Alhaji Ibrahim Thul, announced their decision on the eve of the primary scheduled for Thursday. The …
President Bola Tinubu has appointed Segun Aina as the new Registrar of the Joint Admissions and Matriculation Board (JAMB), replacing Is-haq Oloyede, whose second and final tenure ends on July 31, 2026. A statement issued by presidential spokesman Bayo Onanuga said Aina, who turns 40 in July, brings extensive experience in examination administration, digital infrastructure …
With Nigeria’s banking recapitalisation exercise now concluded, attention is shifting to whether stronger banks will finally channel more credit to agriculture, manufacturing, and small businesses, sectors widely seen as underserved despite their crucial role in driving economic growth. This position was outlined by Ummie Kabir, a PR consultant with Apex Media Services, who argued that …
The Securities and Exchange Commission (SEC) said it will begin a one-business-day settlement cycle (T+1) for equities and commodities transactions in Nigeria’s capital market from June 1, 2026. The move will replace the current two-day settlement system, the commission announced in a statement on Tuesday, May 19. It noted that the new framework is part …
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued a warning that it will sanction any entity operating in the midstream and downstream oil and gas sectors without the required licences, permits, or authorisations. The regulator’s warning is contained in a public notice issued on Sunday, May 17. The notice said the NMDPRA's …
Dangote Petroleum Refinery has reduced the ex-depot price of its aviation fuel, also known as Jet A1, to ₦1,650, down from ₦1,750 per litre, giving relief to airlines, passengers and Nigeria’s aviation sector generally. Other packages offered by the refinery include a 30-day interest-free credit facility for marketers and airline operators, backed by bank guarantees, and a shift …
