Nigeria National Petroleum Company Limited (NNPC) has announced the completion of the River Niger crossing of the Obiafu-Obirikom-Oben (OB3) gas pipeline, a project that will unlock a transport capacity of 2 billion standard cubic feet per day (2bcf/d) of gas. NNPC GCEO, Bayo Ojulari, made this known in a statement posted on his X handle on Thursday, …
The financial toll of the United States’ ongoing military campaign against Iran has surged to an estimated $25 billion, marking the first official cost assessment of the conflict and intensifying scrutiny in Washington over the scale and sustainability of the operation. The figure was disclosed by Jules Hurst, a senior Pentagon official currently performing the …
Ralph Nwosu, former national chairman of the African Democratic Congress (ADC), says the Independent National Electoral Commission (INEC) cannot conduct the 2027 general election without including the party on the ballot. Nwosu spoke on Wednesday in Abuja during the ADC Youths Champion and Prospective Legislative Summit. He said the party has recorded significant growth since …
A member of the House of Representatives, Isah Ambarura, has dumped the All Progressives Congress (APC) and moved to the African Democratic Congress (ADC). Ambarura, who represents Illela/Gwadabawa Federal Constituency of Sokoto State, currently serves as deputy chairman of the House Committee on Rules and Business. Also during plenary on Wednesday, Jakduwa Kaikuku, the lawmaker …
Shareholders of Guarantee Trust Holding Company Plc (GTCO) have approved a total cash dividend of ₦466.38 billion for the 2025 financial year, marking one of the highest payouts in Nigeria’s banking sector. At the company’s Annual General Meeting, shareholders endorsed a final dividend of ₦11.76 per share, in addition to an interim dividend of ₦1 …
The Centre for the Promotion of Private Enterprise (CPPE) has warned that increasing salaries alone will not improve the welfare of Nigerian workers, urging the government to focus on reducing the cost of living and fixing basic services. In a policy brief issued Thursday, CPPE Chief Executive Officer, Dr Muda Yusuf, said the current focus …
The federal government has declared Friday, May 1, 2026, a public holiday in commemoration of this year’s International Workers’ Day. The announcement was made by the Minister of Interior, Olubunmi Tunji-Ojo, in a statement issued on Wednesday and signed by the Permanent Secretary in the ministry, Magdalene Ajani. According to the statement, the minister extended …
President Bola Ahmed Tinubu has removed Mr. Saidu Mohammed from his position as Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The President has also nominated Mr. Rabiu Abdullahi Umar to take over as the new Chief Executive of the agency. The appointment, however, is subject to confirmation by the …
The Nigerian Senate has taken steps to reduce the country's stimated $2 billion annual rice import bill as it pushed forward new legislation aimed at strengthening domestic food production and boosting agricultural self-sufficiency. At plenary, lawmakers considered and adopted committee reports on three agriculture-focused bills designed to increase local output, stabilise food supply, and cut …
The Nigerian Bar Association (NBA) has strongly condemned the extrajudicial killing of a suspect by police officers in Delta State, declaring that no law enforcement officer has the authority to act as “prosecutor, judge, and executioner.” In a statement issued on Wednesday, the NBA expressed deep concern over a viral video showing the summary execution …
