The Nigerian National Petroleum Company Limited (NNPCL) is grappling with rising internal financial pressures as outstanding obligations owed to the company by its subsidiaries and related entities surged to ₦30.30 trillion in 2024, highlighting persistent liquidity challenges despite improved profitability. Details from NNPCL’s 2024 audited financial statements show that inter-company receivables increased by ₦12.52 trillion,
Nigeria will resume their push for a fourth Africa Cup of Nations title on Monday when they face Mozambique in the round of 16 at the Fez Stadium, with a place in the quarter-finals at stake. A win would send the Super Eagles into the last eight for the 12th time in tournament history, extending
The Supreme Court on Monday struck out a suit filed by 11 states of the federation challenging President Bola Tinubu’s declaration of emergency rule in Rivers State and the subsequent suspension of Governor Siminalayi Fubara, his deputy and members of the Rivers State House of Assembly. The states, all controlled by the opposition Peoples Democratic
The intensifying battle over petrol pricing and regulation in Nigeria took a sharper turn on Sunday as President of the Dangote Group, Alhaji Aliko Dangote, accused the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, of corruption and regulatory misconduct. Dangote alleged that Ahmed spent about $5 million on
NEUCHÂTEL – December 05th, 2025 – Sbarter, the protocol that enables players and creators to launch their own competitive events within the games they already play, today announced a strategic partnership with Vivid Games, the Polish developer and publisher behind the acclaimed Real Boxing franchise. Vivid Games will be the first studio to join Sbarter,
A swift intervention by the Nigerian armed forces on Sunday helped foil an attempted military takeover in the Republic of Benin, restoring constitutional order in the West African nation and preventing the collapse of its 35-year-old democracy. The operation followed urgent requests from the Beninese government after a group of soldiers, led by Lieutenant-Colonel Pascal
President Bola Ahmed Tinubu has broadened his diplomatic shake-up with a new set of ambassadorial nominations submitted to the Senate, featuring several notable former government officials and technocrats. The latest list, read on the Senate floor by President of the Senate Godswill Akpabio during Thursday’s plenary, includes former Chief of Naval Staff and ex–Sole Administrator
President Bola Ahmed Tinubu has nominated retired General Christopher Gwabin Musa, the immediate past Chief of Defence Staff, as Nigeria’s new Minister of Defence. The nomination follows the sudden resignation of Mohammed Badaru Abubakar on Monday, a development that comes at a time when the nation is grappling with heightened security concerns across several regions.
Osun State Governor, Ademola Adeleke, has formally resigned from the Peoples Democratic Party, citing the unresolved leadership crisis at the party’s national level. In a resignation letter dated November 4, 2025, and submitted to party leaders in Sagba Abogunde, Ward 2 of Ede North Local Government Area, Adeleke said the deepening turmoil within the PDP
Nigeria’s Minister of Defence, Mohammed Badaru Abubakar, has officially resigned from his position, with the Presidency announcing the development on Monday evening. According to a statement released by Presidential Adviser Bayo Onanuga, Badaru tendered his resignation in a letter dated December 1, citing health challenges as the reason for stepping down. President Bola Tinubu has
