The National Insurance Commission (NAICOM) has concluded Nigeria's insurance industry recapitalisation exercise, clearing an additional seven companies and bringing the total number of compliant firms to 50. This was confirmed in a statement released by NAICOM on Thursday, August 13. The statement contains a list of seven more companies that have met the new minimum …
The 2023 presidential candidate of the Accord Party, Christopher Imumolen, has withdrawn his support for Ademola Adeleke, governor of Osun State, and declared his backing for the All Progressives Congress (APC) governorship candidate, Bola Oyebamiji. Imumolen announced his position on Thursday at the APC campaign rally held in Osogbo, the state capital, ahead of Saturday’s …
Ogun State Governor Dapo Abiodun has welcomed members of the political families of former governor Otunba Gbenga Daniel and the late Senator Buruji Kashamu into the All Progressives Congress (APC). Abiodun described their decision to join the APC as a significant step towards strengthening the party ahead of the 2027 general elections. The governor received …
The Federal Government has reached an agreement with aviation sector unions and airline operators, granting domestic airlines flexible repayment plans for their outstanding debts to aviation agencies. The resolution also affirms that workers are free to join unions without interference by management of airlines. These were the key outcomes of an emergency stakeholders' meeting convened …
The president says "ordinary flame and smoke" is not enough; he commits to a structural reset of the nation's oil assets. President Bola Tinubu has assured Nigerians that the country's refineries will not be allowed to waste away, vowing to undertake a comprehensive restructuring that will reposition them for long-term profitability and value delivery. …
The Nigerian National Petroleum Company Limited (NNPC) has declared that the Federal Government's newly signed Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order 2026 will serve as a catalyst for achieving Nigeria's ambitious production target of 3 million barrels of oil per day by 2030. The landmark reform, officially titled the Deep Offshore …
The Presidential Working Group on the National Policing Bill has extended deadline for the submission of memoranda and position papers on the proposed legislation to 5 pm on Friday, August 21, 2026. The extension was announced on Thursday by Femi Gbajabiamila, Chief of Staff to President Bola Tinubu and Chairman of the Presidential Working Group. …
Energy sector stakeholders have called for stronger financing, regulatory convergence, and active cross-border cooperation to establish a transparent regional petroleum pricing hub in West Africa. The call was made during the second edition of the West Africa Refined Fuel Market Conference hosted by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), in collaboration with …
Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has urged stakeholders in Saturday’s Osun State governorship election to allow voters to freely choose their leaders without intimidation or interference. Obi made the appeal in a statement posted on his X handle on Thursday, calling on the Independent National Electoral Commission (INEC), security agencies, …
CAF president rejects calls for Gianni Infantino to resign, saying FIFA’s 211 member associations should determine his fate at the ballot box Confederation of African Football (CAF) president Patrice Motsepe has backed an electoral process to determine Gianni Infantino’s future as FIFA president, amid mounting criticism of the Swiss football administrator. Motsepe, who …
