Nigerian National Petroleum Company Limited (NNPCL) spent about N53.21 trillion on operational expenses, taxes and other obligations over the last 18 months. The expenditure, recorded between January 2025 and June 2026, highlights the enormous cost of running Africa’s largest national oil company despite record earnings from crude oil and gas operations. An analysis of the […]
The Nigeria Democratic Congress has called on the Benue State Government and security agencies to investigate the alleged blockade of its presidential candidate, Peter Obi, and bring those responsible to justice. The party, in a statement issued on Tuesday by its National Publicity Secretary, Osa Director, condemned the incident, which it said prevented Obi from […]
France Football has announced the 30 nominees for the 2026 Ballon d’Or, one of the most prestigious individual awards in men’s football, with Paris Saint-Germain leading the club race on the shortlist. The nominees were announced on Tuesday, with the ceremony scheduled to take place in London on October 26. The shortlist features leading players […]
The National Drug Law Enforcement Agency has arrested and brought back to Nigeria the suspected kingpin behind the 49.70kg heroin shipment intercepted at the Murtala Muhammed International Airport, Lagos, in 2024. The NDLEA disclosed this in a statement signed by its Director, Media and Advocacy, Femi Babafemi, in Abuja on Wednesday. The suspect, 52-year-old Festus […]
The Court of Appeal in Abuja on Tuesday affirmed the conviction and 490-year imprisonment handed down to a former Managing Director of the Nigeria Export-Import Bank, Robert Orya, over a N2.4bn fraud. A three-member panel of the appellate court, led by Justice Muhammed Danjuma, unanimously dismissed Orya’s appeal challenging the judgment of the Federal Capital […]
Former Vice President, Atiku Abubakar, yesterday took a further dig at the economic policies of President Bola Tinubu when he described the massive flight of foreign portfolio investment from Nigeria as yet another damning vote of no confidence in the economic management of the current administration. In a statement issued by his Senior Special Assistant […]
A top EU court on Wednesday rejected Russian billionaire Roman Abramovich’s third attempt to overturn sanctions against him over the war in Ukraine. The former owner of Chelsea football club, who has close ties to the Kremlin, was added to bloc’s asset freeze and visa ban blacklist in 2022 after Moscow’s invasion of its neighbour. […]
Taiwan has called on the international community to strengthen the rules-based international order and support its meaningful participation in the United Nations, warning that the continued exclusion of the island could undermine global efforts to promote peace, security and democratic values. Taiwan’s Minister of Foreign Affairs, Dr Lin Chia-lung, made the appeal against the backdrop […]
