The Nigerian National Petroleum Company Limited recorded a sharp decline in its statutory remittances to the Federal Government in January 2026, falling by 42.83% to 726 billion naira. This was disclosed in the company’s monthly report summary for January 2026, released on Monday. Statutory payments are mandatory financial obligations that the national oil company remits to the federal government on …
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$11.44 million debt: China threatens to shut down Nigeria’s communications satellite NigComSat-1R – THISAGE
By Ayo Kehinde The China Great Wall Industry Corporation (CGWIC) has threatened to suspend operations of Nigeria’s communications satellite, NigComSat-1R, over an outstanding debt of $11.44 million accumulated over the past seven years. The company gave Nigerian Communications Satellite Limited (NigComSat) 30 days to settle the debt or provide a legally binding guarantee, failing which it warned it would shut …
Read More »PETROAN warns US-Iran war could push petrol price to N2,000/litre
PETROAN warns US-Iran war could push petrol price to N2,000/litre The Petroleum Retail Outlet Owners Association of Nigeria (PETROAN) says the price of petrol in Nigeria could rise up to N2,000 per liter if the war in the Middle East persists. A statement signed on Monday, March 9 by Billy Gillis-Harry, national president of PETROAN, says the price of diesel …
Read More »Breaking News: Lamurde placed under 24-hour curfew as violence erupts again in Adamawa
The Adamawa State Government has introduced a 24-hour curfew in Lamurde Local Government Area following fresh outbreaks of violence reported in several communities. The directive was announced by Ahmadu Fintiri, governor of the state, through a statement released in Yola by his head of press office, Humwashi Wonosikou. According to the statement, the measure became necessary after new clashes disrupted …
Read More »Erikan wins Imo SWAN Heartland Player of the Month Award
Post views: 16 By Silvernews Heartland FC midfielder Francis Erikan has been named Imo SWAN Heartland FC Player of the Month for February 2026 after an outstanding start to his second spell with the club. The award, organized by the Sports Writers Association of Nigeria (SWAN), Imo State Chapter, was decided through a survey conducted among members of the …
Read More »OPINION: Do the right thing while waiting for the right time
By Maryam Ogunremi On Thursday, while I was doing the laundry, I took off the bedspread for a change and to clean it. I do this often to make sure my skin doesn’t come in contact with residual germs on a dirty bedspread. I mean, the economy is already tough enough to survive and adding medical bills or extra skin …
Read More »PDP: Court of Appeal upholds ruling against Ibadan Convention – THIS UPDATE
By Victor Osula, Abuja The Abuja Court of Appeal on Monday dealt a blow to the Aminu Turaki-led faction of the Peoples Democratic Party (PDP) by dismissing its appeal against the October 31, 2025 ruling of Justice James Omotosho of the Federal High Court, Abuja, which had restrained the Independent National Electoral Commission (INEC) from recognizing the outcome of the …
Read More »Vice President denies allegations of wrongdoing at NYSC and law school, insists on unproven allegations
Vice President denies allegations of wrongdoing at NYSC and law school, insists on unproven allegations The Office of the Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Okezie Kalu, has dismissed allegations regarding his participation in the National Youth Service Corps (NYSC) and attendance at the Nigerian Law School, describing the claims as unproven and politically colored narratives. …
Read More »Nigerian social media influencer ‘KSI’ wins first match after buying English club
England-based Nigerian social media influencer, Olajide Olayinka Williams Olatunji (aka KSI), celebrated his recent purchase of lower division team, Dagenham & Redbridge, with victory in his first match in charge. Sports247 gathered that Olatunji, who is also affectionately called ‘JJ’ by his fans, was live in the stands and ended up full of joy, as the east London side beat …
Read More »NLO progressives celebrate Ogunnowo’s birthday
Post views: 31 By SilverNews Members of the progressive Nationwide League One (NLO) club have congratulated the Chief Operating Officer of Nationwide League One, Dr. Olushola Ogunnowo, on the occasion of his birthday, commending his leadership and commitment to the growth of the league. In a message made available to journalists, the group, on behalf of its presidents and …
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