The World Bank has approved three financing operations totalling $1.08bn to support education, nutrition, and economic resilience in Nigeria. According to a statement on the bank’s website on Wednesday, the concessional loans are aimed at improving the quality of education, building household and community resilience, and enhancing nutrition for underserved groups. The statement read, “The…
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…
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…
The National Identity Management Commission has recorded a total of 117 million registrations for the National Identity Number as of February 28, 2025. According to the latest enrolment statistics from the NIMC dashboard, 66,281,803 (56.5%) of the registered individuals are male, while 51,079,521 (43.5%) are female. The data also reveals that Lagos State has the…
There are indications that the naira-for-crude policy of the Federal Government may continue, as impeccable insider sources familiar with the development insisted on Monday that all parties involved in the deal would reconvene soon. The first phase of the six-month deal involving the Federal Government, Nigerian National Petroleum Company Limited, and Dangote Petroleum Refinery ended…
The Senate has entered a closed session to deliberate on President Bola Tinubu’s declaration of emergency rule in Rivers State and the suspension of Governor Siminalayi Fubara and other elected officials. The closed session was announced after Senate President Godswill Akpabio read a letter from Tinubu at plenary on Thursday. Senate leader Opeyemi Bamidele subsequently…
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…
