NEITI: NNPC didn’t remit $2bn to FG before transitioning to commercial entity
The Nigeria Extractive Industries Transparency Initiative (NEITI) says the defunct Nigeria National Petroleum Corporation (NNPC) did not remit $2 billion to the federation account in 2021 before transitioning to a commercial venture. NEITI disclosed this in its 2021 oil and gas report unveiled on Monday in Abuja, according to a NAN. Orji […]
PHOTOS: Adeyemo, first black US deputy treasury secretary, visits Nigeria
Nigerian-born Adewale “Wally” Adeyemo, the United States deputy treasury secretary, is currently in Nigeria as part of efforts by the US to strengthen economic ties between both countries. Adeyemo became the first African American to hold the position after he was confirmed by the US senate in 2021. The US official’s first […]
Newspaper Headlines: NLC, FG meeting ends in deadlock as workers insist on demands
Reports on President Bola Tinubu appointing 18 aides, including special advisers and senior special assistants, to the office of Vice-President Kashim Shettima, permeate the front pages today. Source: Top Stories
Tribunal to deliver judgement on Kano guber poll Wednesday
The Kano state governorship election petition tribunal has fixed Wednesday, September 20 to deliver judgment in the case filed by the All Progressives Congress (APC) against Abba Yusuf, governor of the state. The tribunal announced the date in a hearing notice issued to parties in the suit on Monday. Yusuf, the candidate […]
Atiku to APC: Don’t silence opposition with security agencies | Democracy ensures liberty
Former Vice-President Atiku Abubakar has cautioned the ruling All Progressives Congress (APC) against using security agencies to muzzle members of the opposition parties. In a statement posted on the platform X on Monday, Abubakar said dissenting voices are crucial for democracy and good governance. “The ruling APC must refrain from any attempts […]
Renovation: Old Lagos airport terminal wing to remain open, says FG
The federal government says the D-wing of the old terminal of the Murtala Muhammed International Airport (MMIA), Lagos, will remain open for use. The federal government made the decision to “ease facilitation of passengers” through the airport, according to a statement on Monday, by Abdullahi Yakubu-Funtua, director of public affairs and consumer protection, […]
Tinubu meets Ramaphosa for first bilateral engagement ahead of 78th UNGA
President Bola Tinubu has met with Cyril Ramaphosa, South African president, as part of his bilateral engagements ahead of the 78th United Nations General Assembly (UNGA) in the United States of America. In a statement on Monday, Ajuri Ngelale, Tinubu’s spokesperson, said the two leaders held a fruitful cross-sectoral discussion. “H.E. President […]
Court admits FBI report claiming Mompha used iPhone for ‘N6bn fraud’
An Ikeja special offences court has admitted more documents in evidence against Ismaila Mustapha, the socialite better known as Mompha. At the court session on Monday, the Economic and Financial Crimes Commission (EFCC) through its counsel, Suleiman Suleiman, presented two documents, including a letter by the commission to the United States of America’s […]
‘Stabilise naira, improve digital infrastructure’ — US advises Nigeria on economic growth
Adewale “Wally” Adeyemo, the United States deputy treasury secretary, says President Joe Biden’s administration is willing to help Nigeria in taking critical steps to sustain the foreign investments of Africa’s biggest economy. Adeyemo spoke on Monday at the Lagos Business School (LBS), where he highlighted some of the steps needed for the type […]