The Federal Government on Wednesday arraigned former Minister of Aviation Senator Stella Oduah before the Federal Capital Territory (FCT) High Court on N5 billion corruption allegations. Oduah was arraigned on Wednesday alongside Gloria Odita on a five-count charge bordering on alleged fraud, obtaining by false pretence, and criminal breach of trust. The Attorney General of …
The Peoples Democratic Party (PDP) has described Governor Siminalayi Fubara’s defection to the All Progressives Congress (APC) as a grave setback for Nigeria’s democracy, warning that the move further tilts the country toward a one-party structure. In a statement issued on Tuesday night by its National Publicity Secretary, Comrade Ini Ememobong, the PDP said the …
A heated session erupted in the House of Representatives on Wednesday as lawmakers clashed over a motion probing the alleged non-remittance of more than ₦16.3 trillion linked to the Central Bank of Nigeria (CBN) between 2016 and 2022. The motion, sponsored by Hon. Bamidele Salam, Chairman of the Public Accounts Committee (PAC), drew from findings …
The Nigeria National Petroleum Company (NNPC) Limited says its flagship upstream subsidiary, NNPC E&P Limited (NEPL), hit 355,000 barrels per day (bpd) of oil production, its highest daily output since 1989. It said the increased production was achieved on December 1, 2025. In a statement released on Tuesday, the national oil firm said the average …
Rivers State Governor, Siminalayi Fubara, on Tuesday announced his defection from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC). He made the declaration during a stakeholders’ meeting held at the Government House in Port Harcourt. Fubara’s move comes four days after the Speaker of the Rivers State House of Assembly, Martin Amaewhule, …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has dismissed recent reports alleging that it is deliberately withholding the Frontier Exploration Fund (FEF) from the Nigerian National Petroleum Company Limited (NNPCL). Addressing the allegations, Eniola Akinkuotu, the Head of Media and Strategic Communication, in a statement on Monday, December 8, confirmed that the Commission has approved …
The Central Bank of Nigeria (CBN) said it has granted final licenses to 82 Bureaux De Change (BDCs) to operate with effect from November 27, 2025. CBN disclosed this in a statement on Monday, December 8, by its Acting Director of Corporate Communications, Hakama Sidi Ali. CBN said it acted in line with its powers conferred …
As registration for the 2025 licensing round continues, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has listed 50 oil blocks covering onshore, shallow water, and deep offshore areas. The Commission, which launched the 2025 licensing round on December 1, announced a slash of signature bonus to between $3 million and $7 million as approved by …
The Labour Party (LP) caucus in the House of Representatives has accused President Bola Tinubu and the All Progressives Congress (APC) of prioritising political manoeuvring ahead of the 2027 elections over the welfare and security of Nigerians. In a statement on Sunday, Afam Ogene, leader of the caucus, said the ruling party has shown “insensitive …
The Senate Committee on Foreign Affairs has cleared Ayodele Oke, Kayode Are, and Aminu Dalhatu for ambassadorial appointments following an intensive screening session at the National Assembly on Wednesday. The three nominees were part of the first batch of ambassadorial candidates submitted to the upper chamber by President Bola Tinubu. During the session, senators focused …
