The Commission charges new PPL licence winners to drive Nigeria's 3 million bpd production target The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has charged the latest recipients of Petroleum Prospecting Licences (PPLs) to develop the assets quickly or face the risk of forfeiture under the "drill or drop" provisions of the Petroleum Industry Act …
Nigeria's economic managers are expected to keep interest rates high and tighten liquidity in the coming months as they focus on reducing inflation and stabilising the naira. This development will keep borrowing costs elevated for businesses and households, according to economic policy analyst Dr Felix Ijeh. He said the Federal Government and the Central Bank …
The Independent National Electoral Commission (INEC) is considering conducting a mock presidential election and a comprehensive audit of its electoral technology as part of preparations for the 2027 general elections. INEC Chairman, Prof. Joash Amupitan (SAN), disclosed this on Thursday while receiving the British High Commissioner to Nigeria, Dr Richard Montgomery, during a courtesy visit …
Chief of Staff to the President, Femi Gbajabiamila, has filed a N15 billion defamation suit against Prince Adeniyi Adeyemi, the self-acclaimed Director-General of the Presidential Foreign Investment Promotion Council (PFIPC), over allegations that he demanded a 48 per cent kickback from a purported N27.3 billion take-off grant for the agency. The suit, filed before the …
The Federal Government has arraigned three men before the Federal High Court in Abuja over the abduction of schoolchildren and teachers in Oriire Local Government Area of Oyo State. The defendants, identified as Abdulrazak Umar, also known as Abu Khalifa or Abu Khalid; Yunusa Musa, also known as Yunusa bin Musa; and Shamsu Adamu Sani, …
The last hymn had barely faded from her mind as Miss Chinwe Okorie stepped out of the commercial tricycle that Sunday evening of June 28, 2026. The young graduate, who works with an insurance company in Lagos, had spent the day worshipping at church, grateful for the refreshing rainfall that had cooled the city's sweltering …
The Kogi State High Court has dismissed as false a social media report claiming it ordered the deregistration of the National Democratic Congress (NDC), insisting it never heard or determined any case relating to the registration or deregistration of the party or any other political party. In a statement issued on Thursday in Lokoja, the …
Residents flee as suspected armed herders attack Ankpechi community along the Otukpo-Oweto-Abuja Road Suspected armed herders have again attacked a community in Benue State, leaving one person injured and looting several shops in the latest wave of violence to hit the state. The attackers reportedly stormed Ankpechi community in Oglewu Ward, along the Otukpo-Oweto-Abuja …
Nigeria's headline inflation may have stabilised in June, but rising food prices remain a major threat to households and the economy, the Centre for the Promotion of Private Enterprise (CPPE) has warned. In a policy brief issued on Thursday, the Chief Executive Officer of CPPE, Dr Muda Yusuf, said the latest inflation figures showed that …
Child rights advocates and parents have called on the National Assembly to fast-track the passage of the Online Child Protection Bill, warning that millions of Nigerian children remain exposed to online abuse in the absence of adequate legal safeguards. The call was made during a media roundtable organised in Abuja by public strategy, advocacy and …
