Business

SERAP tells UN chief to report Nigeria to Security Council over kidnappings – THIS UPDATE

The Socio-Economic Rights and Accountability Project (SERAP) urged the United Nations Secretary-General, António Guterres, “to urgently invoke Article 99 of the United Nations Charter and bring to the attention of the United Nations Security Council Nigeria’s growing insecurity, marked by mass abductions, killings, attacks against civilians, mass displacement and other serious human rights violations.” The pressure group said the deteriorating …

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NNPC Ltd. records a profit of N481 billion

The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has recorded a profit after tax (PAT) of N481 billion for April 2026.The development represented a sharp jump from the $276 billion recorded in March, the company said in the summary of its April monthly report, published on its X handle.The company said its crude oil and condensate production rose …

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Economic reform shows promise, but the business world has not yet experienced its full benefits

The Nigerian Employers’ Consultative Association (NECA) says that despite signs of progress emerging from the Federal Government’s economic reforms, many businesses in the country are yet to experience the full benefits expected from the policy changes. Speaking in Abuja on Sunday, the Director-General of NECA, Mr Adewale-Smatt Oyerinde, acknowledged that recent reforms, particularly the removal of fuel subsidies and the …

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House probe charges at Freeport

By Bridgett Milton Capitol Hill, May 29, 2026: The House of Representatives has constituted a specialized committee to probe allegations of unlawful charges levied against businesses and ordinary citizens at the Freeport of Monrovia. The decision, reached Thursday, May 28, followed concerns by Grand Bassa County District #2 Representative J. Clarence T. Banks over persistent bottlenecks and exorbitant port fees …

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NDLEA discovers illicit drugs hidden in water purifiers imported from Europe

Officers from the National Drug Law Enforcement Agency have intercepted consignments of high-potency illicit drugs ingeniously hidden in water purifiers imported from Europe, as part of a series of coordinated operations across the country. The agency revealed that the discovery was made on May 26, 2026, at a courier facility in Lagos, where officers discovered no less than three kilograms …

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First Lady: “We cannot give up on Nigeria” – THIS UPDATE

‎…Reassures that the nations’ challenges will be overcome The First Lady of Nigeria, Senator Oluremi Tinubu, in her position as the wife of President Bola Tinubu, has reassured that with the continued efforts of the Federal Government and its various security agencies and the collaboration of other nations, the challenge of insecurity will be overcome. He stated this on his …

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Wase supports Tinubu’s reforms and praises Mutfwang for the projects

Member representing Wase Federal Constituency in the House of Representatives, Hon. Ahmed Idris Wase, expressed support for the ongoing economic reforms implemented by President Bola Ahmed Tinubu, saying that despite the suffering, these are “necessary steps” to ensure a secure future for Nigeria. Wase, who served as Deputy Speaker of the House of Representatives in the 9th National Assembly (2019-2023), …

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USGEAAN Enugu, RiFC Foundation and Enugu Window on America host fifth Social-Emotional Learning Mentoring Series

Post views: 104 by Silvernews Enugu State Chapter of the United States Government Exchange Alumni Association Nigeria (USGEAAN), in partnership with Rangers InternationalThe Football Club Foundation and Enugu Window on America today successfully hosted the fifth edition of their mentorship series at the Moot Court, Faculty of Law, Enugu Campus (UNEC) of the University of Nigeria. The commitment was …

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Makinde confirms APM presidential ticket, promises economic recovery and oil sector reform ahead of 2027 poll

Oyo State Governor Seyi Makinde has formally emerged as the presidential candidate of the Allied People’s Movement (APM) ahead of the 2027 general elections, promising radical economic reforms, transparent governance and a citizen-centric leadership model if elected president of Nigeria.. Makinde, who accepted the party’s nomination on Friday in Ibadan, said his decision to run was anchored on what he …

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