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House Probes NNPCL Over $3bn Refinery Funds, Fuel Imports

The House of Representatives Committee on Petroleum Resources (Downstream) has launched a full-scale investigation into Nigeria’s refinery rehabilitation efforts, citing allegations of fraud and mismanagement. This follows public outcry and petitions over the failure of refineries to commence operations despite billions spent on turnaround maintenance. The Port Harcourt refinery, which had briefly resumed operations, is […]

“We’ll Support Whoever Emerges”: Amaechi Speaks on ADC Flagbearer, Nigeria’s Hunger Crisis

Former Minister of Transportation, Rotimi Amaechi, has pledged that leaders of the opposition coalition will support whoever emerges as the presidential candidate of the African Democratic Congress (ADC) for the 2027 general elections. Amaechi made this statement on Wednesday in Port Harcourt, Rivers State, during a media briefing. He expressed confidence in the transparency of […]

CBN Keeps Interest Rates Unchanged to Tame Inflation

The Central Bank of Nigeria (CBN) has left all key monetary policy parameters unchanged, citing the need to consolidate recent gains in reducing inflation. Following a two-day meeting, the Monetary Policy Committee (MPC) retained the Monetary Policy Rate (MPR) at 27.5 per cent, with the asymmetric corridor at +500/-100 basis points. The Cash Reserve Ratio […]

Debt or Development? Lawmakers Back Massive Borrowing to Fund Infrastructure, Pensions

The Senate on Tuesday approved President Bola Tinubu’s comprehensive borrowing plan for the 2025–2026 fiscal period, including $21.5 billion in external loans, €2.2 billion, 15 billion Japanese Yen, and a €65 million grant. Also endorsed was a N757.98 billion domestic bond issuance aimed at clearing outstanding liabilities under the Contributory Pension Scheme (CPS), some dating […]

Trump Calls for Obama’s Prosecution Over Alleged 2016 Election Plot

Former U.S. President Donald Trump on Tuesday accused his predecessor, Barack Obama, of “treason” and called for his prosecution following a controversial report claiming officials in Obama’s administration manipulated intelligence on Russian interference in the 2016 election. Director of National Intelligence, Tulsi Gabbard, issued criminal referrals to the Justice Department after releasing the report on […]

PDP Governor Backs APC President: Adeleke Rallies Osun Behind Tinubu

Osun State Governor, Ademola Adeleke, and the People’s Democratic Party (PDP) in the state have declared their support for President Bola Tinubu’s bid for a second term in 2027. Adeleke made the announcement on Tuesday via his official X handle following a strategic meeting with the PDP leadership caucus in Osogbo. “Yesterday, I met with […]

Aisha Yesufu Vows to Escort Senator Natasha Back to Senate

Prominent activist Aisha Yesufu has declared her support for Senator Natasha Akpoti-Uduaghan as the embattled Kogi Central lawmaker insists on resuming her legislative duties on Tuesday despite Senate opposition. Speaking on Channels Television, Yesufu said she and other supporters would accompany the senator to the National Assembly, citing a Federal High Court ruling that declared […]

Surprise Peace Mission: Datti Baba-Ahmed Joins Labour Factional Talks

Datti Baba-Ahmed, the Labour Party’s 2023 vice-presidential candidate, made a surprise appearance at the National Executive Council (NEC) meeting of the Julius Abure-led faction in Abuja on Monday, offering to serve as a peacemaker. The Labour Party has been in crisis, split between factions led by Julius Abure and Nenadi Usman. Most elected officials, including […]

Unsigned Medical Report Dooms Yahaya Bello’s Passport Plea

Justice Emeka Nwite of the Federal High Court, Abuja, has rejected an application by former Kogi State Governor Yahaya Bello seeking the release of his international passport to enable him to travel abroad for medical treatment. While ruling on the application, Justice Nwite stated that although the request did not constitute an abuse of court […]

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