President Bola Tinubu’s decision to sack Mele Kyari and other board members of the Nigerian National Petroleum Company Limited stems from mounting concern over performance and a failure to meet key production targets, Presidency officials have disclosed. In an abrupt move on Wednesday, Tinubu removed Kyari, who had been at the helm of the national…
The Nigerian Association of Petroleum Explorationists has lauded President Tinubu for the new Nigerian National Petroleum Company board appointment, noting that the appointment is a bold step towards repositioning the oil and gas industry for greater efficiency, transparency, and profitability. In a statement signed by NAPE president, Johnbosco Uche made available on Wednesday, the association…
Sterling Bank has announced the removal of transfer fees on all local online transactions, becoming the first major Nigerian bank to eliminate the contentious charges for digital banking. The move was confirmed by the bank on Tuesday in a press release. The statement noted that the bank reaffirmed its commitment to customer-centric banking, declaring that…
Real Madrid coach Carlo Ancelotti denied in court that he intentionally committed tax fraud on the opening day of his trial for allegedly failing to declare income to Spain’s tax office. This is the latest in a string of such cases targeting sports figures in the country. Prosecutors are seeking a jail term of four…
President Bola Tinubu on Wednesday removed Mele Kyari as the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited and appointed Bashir Bayo Ojulari as his replacement, effective April 2, 2025. The President also dissolved the company’s board, including its chairman, Pius Akinyelure, and reconstituted an 11-member board. The announcement was made in…
Former Australian prime minister Malcolm Turnbull drew chuckles Tuesday as he impersonated Donald Trump, urging the nation’s political leaders to contest a general election next month to “stand up” to the US president. Turnbull, who was Australian prime minister when Trump first took office in 2017, briefly adopted a nasal American accent as he mimicked…
Telecom subscribers are sending emails and direct messages to the Nigerian Communications Commission and the Federal Competition and Consumer Protection Commission, demanding an investigation into what they describe as unexplained data consumption. Operators insist that there is no mechanism for reducing customers’ data, arguing instead that rising consumption is due to user behaviour, particularly the…
Air Peace has said travelers will enjoy up to N600,000 reduction in airfares when they connect from cities across Nigeria to London with one additional luggage. The airline said this in a statement on Wednesday, adding that the promo runs until March 31, 2025, with an extended travel period until April 15, 2025. Air Peace…
President Donald Trump’s administration on Sunday began mass layoffs at Voice of America and other US-funded media, making clear its intent to gut outlets long seen as critical for US influence. Just a day after all employees were put on leave, staff working on a contractual basis received an email notifying them that they were…
The Court of Appeal in Abuja has halted the reinstatement of Alhaji Muhammadu Sanusi II as the Emir of Kano. A three-member panel of justices led by Justice Okon Abang, on Friday, unanimously halted the implementation of the January 10 judgment, which vacated the nullification of Sanusi II’s appointment by a Kano State High Court,…
