A faction of the African Democratic Congress (ADC), led by National Chairman Nafiu Bala Gombe, has dismissed claims that former Vice President Atiku Abubakar is the party's presidential candidate for the 2027 general election, insisting that Professor Chris Uba is the duly nominated flag bearer. In a statement issued on Tuesday, Gombe said the party …
The Department of State Services (DSS) has arraigned five men accused of concealing the whereabouts of former Bayelsa State Governor Timipre Sylva, who is wanted over his alleged involvement in a plot to overthrow the administration of President Bola Tinubu. The defendants: Reuben Ayuba, Musa Mohammed, Friday Paul, Paganengigha Anagaha and Ayebaifie Suobite were brought …
Nigeria's 2026 budget has allocated N1.3 billion to the Presidential Foreign Intervention Promotion Council (PFIPC), despite the Presidency insisting that the council does not exist under President Bola Tinubu's administration. The discrepancy emerged on Wednesday after the Presidency, through a statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, maintained …
The Transmission Company of Nigeria (TCN) has restored power supply to parts of Lagos following a major outage caused by severe flooding that submerged critical equipment at two key transmission substations. The company had declared force majeure on Oworoshoki 132/33kV and Lekki 330/132kV Transmission Substations after persistent rainfall triggered widespread blackouts in several communities served by the …
Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has pledged to prioritise technical and vocational education, establish industrial parks and reform education to drive industrialisation, create jobs and move Nigeria from a consumption-driven economy to a production-based one. Obi made the pledge in a statement issued on Wednesday, outlining what he described as …
Dangote Petroleum Refinery and the Republic of the Congo's national oil company, Société Nationale des Pétroles du Congo (SNPC), have begun discussions on a strategic partnership to strengthen the supply of refined petroleum products and deepen energy cooperation across Africa. The talks took place during a visit by an SNPC delegation to the Dangote Petroleum …
The Nigerian government has evacuated the third batch of Nigerians stranded in South Africa following the ongoing xenophobic attacks on African nationals. 269 Nigerians arrived at the Murtala Muhammed International Airport, Lagos, on Tuesday, June 30, in an evacuation flight operated by Air Peace airline from Johannesburg. According to a statement by the Ministry …
The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has called for stronger collaboration between regulators and academics to strengthen the capital market. He made the call on Tuesday at the Second Biennial Conference of the Capital Market Academics of Nigeria (CMAN) in Abuja with the theme, 'The Nigerian Capital Market as a …
Nigeria on Tuesday assumed the chairmanship of the Bureau of the African Continental Free Trade Area (AfCFTA) Council of Ministers Responsible for Trade, declaring that Africa must move beyond policy commitments to measurable economic outcomes that create jobs, strengthen industries and expand opportunities for over 1.4 billion people across the continent. Taking over the leadership …
While the current administration rolls out ambitious tax reforms aimed at widening the net for revenue generation and boosting a historically low tax-to-GDP ratio, there are concerns about an invisible barrier—a deeply entrenched trust deficit. For decades, taxation has remained one of Nigeria's most contentious public policy issues. This, according to analysts, stems from the …
