Yusuf Dantalle has been re-elected as the national chairman of the Inter-Party Advisory Council (IPAC) for another two-year term following an election that took place on Monday in Abuja. Dantalle, who also serves as the national chairperson of the Allied Peoples Movement (APM), reclaimed the IPAC leadership unanimously after his sole contender, Kenneth Udeze of …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has dismissed recent reports alleging that it is deliberately withholding the Frontier Exploration Fund (FEF) from the Nigerian National Petroleum Company Limited (NNPCL). Addressing the allegations, Eniola Akinkuotu, the Head of Media and Strategic Communication, in a statement on Monday, December 8, confirmed that the Commission has approved …
The Federal Government of Nigeria has confirmed it is probing the circumstances surrounding the detention of a Nigerian Air Force C-130 military aircraft in Burkina Faso after the jet made an emergency landing in the commercial city of Bobo-Dioulasso. The aircraft, which was reportedly flying through Burkinabe airspace on Monday, was said to have allegedly …
The controversies around early campaigns have once again gained attention after a recent video surfaced and reports circulated indicating that President Bola Tinubu allegedly presented Toyota Land Cruisers, Hilux trucks, and Hummer buses to coordinators of the Renewed Hope Ambassadors ahead of the 2027 general elections. This move unsettled opposition parties and politicians, including the …
FCMB Group Plc's profit before tax soared 46 per cent to ₦134.5 billion in the third quarter (Q3) of the year on stronger interest margins despite a decline in loans and advances to customers. The bank disclosed this in its unaudited financial statements for the nine months ended September 30, 2025. The results show that FCMB's …
Nigeria must move decisively from rhetoric to action if it hopes to tackle poverty, soaring debt, and weak economic growth. That was the stark warning issued by the Economic Advisory Council (EAC) of the Nigerian Economic Summit Group (NESG) during its third quarterly interactive session with journalists and stakeholders in Abuja. At the high-level meeting, …
No fewer than 11 Nigerian soldiers are in detention in Burkina Faso after their military aircraft allegedly entered restricted airspace and made an emergency landing in Bobo-Dioulasso. Reports say the soldiers travelled in a Nigerian Air Force C-130 aircraft. Burkina Faso’s military said the aircraft entered “AES airspace” without approval. Authorities forced the plane to …
The Central Bank of Nigeria (CBN) said it has granted final licenses to 82 Bureaux De Change (BDCs) to operate with effect from November 27, 2025. CBN disclosed this in a statement on Monday, December 8, by its Acting Director of Corporate Communications, Hakama Sidi Ali. CBN said it acted in line with its powers conferred …
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) said it has commenced an unprecedented audit of 760 federal road projects valued at ₦36 trillion. The nationwide special tracking exercise is in collaboration with the Federal Ministry of Works to ensure transparency and value in public infrastructure spending. In a statement on Monday, December …
The factional Board of Trustees (BoT) aligned with Nyesom Wike in the Peoples Democratic Party, PDP, has announced a major internal restructuring effort aimed at reorganising troubled state chapters and preparing for fresh congresses and a national convention. Chairman of the factional BoT, Senator Mao Ohuabunwa, disclosed the plan at the opening session of the …
