The House of Representatives Public Accounts Committee (PAC) has issued a stern ultimatum to 13 oil firms, demanding their appearance before the committee over allegations of not remitting approximately $456.95 million (₦731.1 billion) in revenues owed to the federal treasury. The PAC’s spokesman, Akin Rotimi, confirmed that despite repeated invitations and public notices, the companies
The camp of former Vice President Atiku Abubakar has stated that the rising strength of Nigeria’s opposition coalition is causing significant concern within the ruling All Progressives Congress (APC) and among its allies, including the Minister of the Federal Capital Territory and former Rivers State Governor, Nyesom Wike. According to Atiku’s spokesperson, Paul Ibe, the
The All Progressives Congress (APC) in Lagos State on Tuesday, June 17, 2025, officially handed party flags to its slate of 433 local government candidates, 57 for chairmanship positions and 376 for councillorships, in readiness for the upcoming July 12 elections. The event, which also served as a campaign launch, took place at the party secretariat in Ogba,
Former Vice President Yemi Osinbajo has urged Nigerians, especially young people and Christian leaders, to actively engage in the country’s political and governance processes. He made this call at the second edition of the Daniel Taiwo Odukoya Memorial Lecture held at the Fountain of Life Church in Ilupeju, Lagos. In his keynote speech titled “The
Nigeria’s major crude oil grades have recorded a sharp price increase amid rising geopolitical tensions in the Middle East, as fears of a full-blown conflict between Israel and Iran push global energy markets into turmoil. As of Sunday, Bonny Light crude climbed to $78.62 per barrel, while Brass River and Qua Iboe were priced at
Fresh violence in Benue State has left thousands displaced, as coordinated attacks by unidentified gunmen continue to unsettle communities in the region. The National Emergency Management Agency (NEMA) confirmed that at least 6,527 individuals have been forced to flee their homes, including vulnerable groups such as children, pregnant women, and the elderly. According to a
Several prominent human rights organizations have rejected President Bola Tinubu’s recent posthumous pardon and national honours awarded to Ken Saro-Wiwa and eight other Ogoni activists executed in 1995, insisting that what is needed is full exoneration, not a pardon. Amnesty International, in a statement released shortly after the announcement on June 12, criticised the move
Olatunbosun Oyintiloye has called on President Bola Tinubu to urgently intervene in a developing crisis surrounding the recent Court of Appeal decision related to the 2022 local government elections in the state. In a press briefing held in Osogbo on Sunday, Oyintiloye warned that rising tensions over the ruling could escalate into a full-blown conflict
The Bank of Industry (BOI) is set to roll out two major initiatives: a Youth Bank and an Impact Fund, aimed at advancing youth-led innovation and supporting enterprise development across Nigeria. BOI’s Managing Director, Olasupo Olusi, made this known while speaking at the maiden edition of the Innovation and Entrepreneurship Development Lecture held at Obafemi
Lekan Abiola, son of the late Chief Moshood Kashimawo Abiola, has revealed that former military president Ibrahim Babangida privately apologised to the Abiola family for annulling the June 12, 1993, presidential election, widely regarded as the freest and fairest in Nigeria’s history. Speaking at a symposium held in Lagos on Thursday in honour of MKO
