The Nigerian National Petroleum Company (NNPC) Limited has reported a revenue of N5.078 trillion and a profit after tax of N447 billion in October 2025. This was revealed in NNPC Limited’s Monthly Report Summary for October 2025, released on Saturday. The total revenue for October reveals an 18.92 per cent increase from 4.27 trillion recorded …
Nigeria’s daily petrol consumption rose to an average of 56.74 million litres in October 2025, according to a report released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). This reflects a 19.4 per cent year-on-year increase compared with the average daily consumption of 47.5 million litres in October 2024. The NMDPRA Fact Sheet, …
President Bola Tinubu has submitted the names of 32 ambassadorial nominees to the Senate for confirmation, following the submission of the first batch of three names. Among them are the former chairman of the Independent National Electoral Commission, Mahmud Yakubu, an aide to former President Goodluck Jonathan, Reno Omokri (Delta), and former Enugu State Governor, …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has identified 50 oil blocks that will be offered to interested investors during the 2025 petroleum licensing round. The Commission had earlier announced that the 2025 petroleum licensing round would take effect from December 1, 2025. It also clarified that the exercise, which is being conducted …
Resurrection Praise Ministries International (RPM), popularly known as Jehovah Sharp Sharp, is set to hold a five-day spiritually charged convention at its global headquarters in Satellite Town, Lagos. The event, led by the ministry’s founder, His Eminence, Archbishop Samson Mustapha Benjamin, also known as The African Major Prophet, will run from 3rd to 7th December …
The Economic and Financial Crimes Commission (EFCC) has alleged that there was a mismanagement of Air Arik loan and stripping of critical assets while under the management of the Asset Management Corporation of Nigeria (AMCON), then led by its former Managing Director, Ahmed Kuru. This was stated by an EFCC investigator, Mr Bawa Usman Kaltungo, …
As discussions about Nigeria hitting a $1 trillion economy target by 2030 continue, experts have hinted at the indispensable role of Small and Medium-sized Enterprises (SMEs), in realizing that goal. SMEs, which form the backbone of the economy (contributing nearly 50 per cent to GDP and over 80 per cent to employment), must be at …
The Federal Capital Territory Administration (FCTA) has begun enforcement actions on 1,095 property titles revoked in Asokoro, Maitama, Garki, and Wuse for non-payment of Ground Rent, Certificate of Occupancy (C of O) bills, penalty/violation fees, and land use conversion fees. Mr. Lere Olayinka, Senior Special Assistant to the FCT Minister on Public Communications and Social …
Somalia, one of the world’s poorest nations, faces a deepening health care crisis after the Trump administration suspended U.S. Agency for International Development (USAID) support earlier this year. The loss of funding has hit communities already struggling with conflict, poverty, and fragile public services. Doctors Without Borders (DWB) warned in August that widening funding gaps …
The United States government has ordered a comprehensive review of all Green Cards issued to nationals from 19 countries following Wednesday’s attack on National Guard troops in Washington, D.C. Authorities identified the suspect as a 29-year-old Afghan national who had previously worked with American forces in Afghanistan. AfghanEvac, an organization assisting Afghans resettled after the …
