Economists, industry experts and public finance analysts have hailed President Bola Tinubu’s latest executive order stripping the Nigerian National Petroleum Company Limited (NNPC) of the power to retain portions of oil and gas revenues before they reach the Federation Account. They said the order would help to strengthen revenue remittance compliance and enhance transparency, adding …
Niger State has taken a major step toward Nigeria’s sugar self-sufficiency drive. Following a high-level meeting at the Government House in Minna, the National Sugar Development Council (NSDC) and the Lee Group announced plans to establish a large-scale sugar production project in the state. During the meeting, Governor Umar Bago assured the delegation of full …
With just two days remaining before the local council elections in Abuja, two Peoples Democratic Party (PDP) chairmanship candidates will be absent from the ballot in two of the six area councils. Both have withdrawn from the race to support the ruling All Progressives Congress (APC). Candidates from Bwari and Abuja Municipal Area Council (AMAC) …
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has warned that slow, costly, and fragmented cross-border payment systems are limiting economic opportunities for millions, especially in developing countries. Speaking on Thursday at the G-24 Technical Group Meetings held in Abuja, Cardoso said these inefficiencies block individuals and small businesses from fully participating in …
The former Vice President, Atiku Abubakar, has stated that the upcoming February 21 Federal Capital Territory (FCT) Council elections will reveal how prepared Nigerians are to remove the All Progressives Congress (APC) from power. Speaking on Thursday in Gwarinpa, Atiku, alongside leaders of the African Democratic Congress (ADC), including former presidential candidate Peter Obi, urged …
The Federal Ministry of Women Affairs and Social Development has congratulated Nigeria’s First Lady, Oluremi Tinubu, on her recognition as Leadership Person of the Year 2026, describing her tenure as one defined by impact, inspiration and a lasting legacy in advancing the welfare of women, children and vulnerable groups. In a statement signed by the …
The Rivers State House of Assembly has suspended impeachment proceedings against Governor Siminalayi Fubara and his deputy, Ngozi Odu, following the intervention of President Bola Tinubu earlier in the month. According to a TVC News report, the House adopted a motion to halt the impeachment process on Thursday during its resumed sitting in Port Harcourt. …
The Association of Power Generation Companies (APGC) CEO, Dr. Joy Ogaji, says the debt owed to GenCos is now over ₦6 trillion due to a persistent shortfall in payment for electricity generated and supplied to the national grid. Ogaji, who appeared on Arise News Morning Show on Thursday, said power generation companies currently invoice approximately …
President Bola Tinubu has signed the Electoral Act 2026 (Amendment) into law, triggering widespread condemnation from opposition parties and civil society organisations, who warn that the changes could undermine Nigeria’s democratic process ahead of the 2027 general elections. The President assented to the bill at about 5pm on Wednesday at the Presidential Villa, Abuja, less …
Abia State Governor Alex Otti has inaugurated the Nchedo Sexual Assault Referral Centre (SARC) in Aba, expressing optimism that sustained advocacy and institutional response would significantly reduce gender-based violence in the state. The centre, located at the General Hospital, Aba, was established by the Abia State Government in collaboration with the European Union-funded Rule of …
