News

In the mangrove-lined streams and bustling markets of the Niger Delta, the scent of crude oil has long defined daily life. For decades, the region’s nine states – Akwa Ibom, Bayelsa, Cross River, Delta, Edo, Imo, Ondo, Rivers and Abia – have fueled Nigeria’s economy through vast hydrocarbon reserves. Yet for many residents, that black gold has brought more curses …

ALIKO DANGOTE Prominent African industrialist and philanthropist, Aliko Dangote, has been named among TIME magazine’s 100 most influential people in the world for 2026, reaffirming his position as one of the iconic and most successful business leaders of his generation. Dangote joins globally influential figures from multiple sectors, including political leaders such as US President Donald Trump, Chinese President Xi …

The Senate Committee on Public Accounts on Wednesday gave the management of the Nigerian National Petroleum Company Limited (NNPCL) until April 29 to account for the N210 trillion flagged in the audit report from 2017 to 2023. The committee directed the Group Chief Executive Officer of NNPCL, Bayo Ojulari, to always be present with the previous GCEO, Mr. Melee Kyari, …

The Federal High Court, Ibadan, on Wednesday ordered the readmission of three students of the University of Ibadan. The students were suspended for protesting against the increase in school fees on May 13, 2024. The applicants – Aduwo Ayodele, Gbadegesin Iyanuoluwa and Linus Adaoma – filed a lawsuit against the University of Ibadan and its Vice Chancellor, Prof. Kayode Adebowale, …

Owners of domestic airlines under the aegis of Air Operators of Nigeria (AON) on Wednesday threatened to seize operations if the price of aviation fuel otherwise known as Jet A1 is not reduced from the current N3,300 per litre. Air Peace, United Nigeria Air, ValueJet, Aero Contractors and other airlines are among the national airline operators. The traders, in a …

Former Vice President Atiku Abubakar said on Wednesday that the 2027 presidential election would be his last attempt to rule Nigeria Atiku, who spoke on Arise Television, said he would not take part in the upcoming elections because of his age. The former Vice President will be 80 years old in 2027. He is vying to become the presidential candidate …

Former African Democratic Congress (ADC) presidential candidate, Dumebi Kachikwu, has urged party actors to respect the rule of law. Kachikwu, who made the call at a press conference on Wednesday in Abuja, warned that violations of the rule of law would deepen the internal crisis and undermine Nigeria’s democratic stability. He said: “The real ADC” is making preparations for its …

A former national chairman of the All Progressives Congress, John Odigie-Oyegun, on Tuesday drew laughter from delegates at the national convention of the African Democratic Congress in Abuja after he mistakenly referred to his former party while addressing attendees. Oyegun, who defected from the APC to the ADC in 2025, had just started his speech when he exclaimed “APC” before …

The International Monetary Fund (IMF) has thrown its weight behind Nigeria’s ongoing bank recapitalization programme, saying stronger capital buffers are helping to protect the financial system from external shocks and growing global uncertainty. How legal advisers instruct migrants to fake gay identity to gain asylum in the UK Speaking during the presentation of the Global Financial Stability Report at the …

Investors in the Nigerian equity market earned N2.28 trillion at the close of trading on Wednesday. This follows a surge in the prices of shares such as Airtel Africa, Aradel and ETI, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 209,317.41 points from 205,913.93 points the previous day. After five hours of trading …