News

Aradel, Seplat Assets Hit ₦19.11trn As Acquisitions, Oil Prices Lift Earnings

Aradel Holdings and Seplat Energy ended the first half of 2026 with combined assets of ₦19.11tn, reflecting the growing scale of Nigeria’s indigenous upstream oil companies. Aradel accounted for ₦10.87trn of the combined asset base after consolidating major...

Fubara Hosts Magnus Abe-Led Rainbow Coalition Committee As Rivers Reconciliation Deepens

Fubara receives Senator Magnus Abe and members of the Rainbow Coalition Reconciliation Committee in Port Harcourt as efforts to consolidate political peace in Rivers gather momentum. Visit comes weeks after the governor formally embraced the Rainbow Coalition, endorsed...

NRS: We’re Taxing Prosperity, Not Poverty — Adedeji

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Nigeria Revenue Service Chairman Zacch Adedeji says the government’s tax reforms are designed to increase economic prosperity rather than extract more money from households and businesses. Adedeji said the NRS has a direct interest in businesses succeeding because...

Nigeria’s Tax Revenue More Than Doubles to N27.1tn as Reforms Reshape Economy

Nigeria’s tax revenue surged 113% to N27.1tn by July 2026 from N12.3tn in 2023. The Nigeria Revenue Service linked the increase to tax digitisation, new tax laws and tighter revenue administration. Oil production, foreign reserves, capital inflows and...

Presidency, Atiku Clash Over 5,091 Deaths as Security Record Comes Under Scrutiny

Atiku Abubakar says 5,091 Nigerians were killed in violent incidents over three months, calling the figure an indictment of President Bola Tinubu’s government. The Presidency rejects the assessment, citing the killing of between 13,000 and 20,000 terrorists and...

Osun Election: Adeleke Raises Rigging Alarm After Oyetola’s ‘We’ll Take It’ Remark

Osun Governor Ademola Adeleke has accused Minister Adegboyega Oyetola of threatening the credibility of the August 15 governorship election. The allegation followed Oyetola’s warning that the APC would reclaim the governorship seat from Adeleke. Adeleke interpreted Oyetola’s remarks...

FG Takes Passport Services To Nigerians In UK, Deploys Special Immigration Team

Federal Government dispatches a dedicated Nigeria Immigration Service Passport Intervention Team to the United Kingdom to bring passport enrolment and processing closer to Nigerians in the diaspora. Special exercise will handle pending passport applications, fresh enrolments and renewals...

Italy-Based Businessman Excretes 98 Cocaine Wraps As NDLEA Intercepts Saudi Arabia, Europe-Bound Drug Shipments Hidden In Phone Chargers, Backpack

NDLEA arrests a 30-year-old Italy-based businessman at Enugu International Airport after he excretes 98 wraps of cocaine weighing 1.510kg allegedly swallowed for delivery in Europe. Operatives foil fresh international drug trafficking attempts by intercepting cocaine concealed in phone...

I’m Bigger Than Peter Obi — Deji Adeyanju Sparks Fresh Political Storm, Questions NDC Candidate’s Democratic Credentials

Deji Adeyanju declares his decades-long human rights activism and sacrifices for democracy place him above Peter Obi, questioning the NDC presidential candidate's contribution to Nigeria's democratic struggle. The activist accuses Obi's aides of repeatedly attacking and defaming him,...

SERAP Dares Tinubu, Atiku, Obi, 16 Others To Declare Assets, Reject Vote-Buying Before 2027 Polls

SERAP challenges all 19 presidential candidates to publicly declare their assets and liabilities before the 2027 presidential election, saying Nigerians deserve to know the financial standing of those seeking the nation's highest office. The rights group urged candidates...