Bayelsa State Governor, Senator Douye Diri, has renewed calls for an increase in the 13 per cent derivation allocation to oil-producing states, arguing that the current arrangement does not give the Niger Delta adequate benefits from its natural resources. Diri spoke on Monday at the inauguration of the Crude Distillation Unit of the $1bn Azikel […]
Saudi Arabia, the world’s top oil exporter, faces a major economic contraction this year, the IMF said Tuesday, as deadly attacks by Yemen’s Houthis squeeze a country already suffering from the Middle East war. Saudi Arabia’s GDP is expected to shrink by 3.3 per cent, the International Monetary Fund said in its latest World Economic […]
The All Progressives Grand Alliance has congratulated the Anambra State Governor, Prof. Chukwuma Soludo, for his inclusion in President Bola Tinubu’s Presidential Campaign Council list for the 2027 general election. The revised All Progressives Congress Presidential Campaign Council list for the 2027 general election has named the Minister of the Federal Capital Territory, Nyesom Wike; […]
A French shipping line, CMA CGM, has imposed new peak season surcharges (PSS) on shipments originating from China and Special Administrative Regions (SARs) to Nigeria and other destinations across West Africa. The carrier, in a notice dated October 5, 2026, said the surcharge would apply to dry and reefer cargoes under short-term contracts. The adjustment […]
The All Progressives Congress (APC) has named Nyesom Wike, minister of the Federal Capital Territory (FCT); Ademola Adeleke, Osun governor; and Chukwuma Soludo, Anambra governor, as state campaign coordinators in its expanded presidential campaign council for the 2027 general election, despite their affiliations with other political parties. Wike belongs to the Peoples Democratic Party (PDP), […]
The presidential candidate of the African Action Congress (AAC), Omoyele Sowore, has questioned the achievements of President Bola Tinubu’s son, Seyi Tinubu, that warranted the recent colloquium in his honour. Sowore described the colloquium as an expression of sycophancy and condemned its extensive publicity at a time when Nigerians are grappling with economic hardship, insecurity […]
US President Donald Trump said on Monday that he does not believe that China and Russia are helping Iran, adding that they have “too much to lose.” Trump has faced pressure over reports that Chinese and Russian entities have supplied Iran with intelligence for attacks on US troops. Responding to comments that China and Russia […]
Scores of retired military veterans on Tuesday blocked the entrance to the Military Pensions Board office in Dutse Alhaji, Abuja, over concerns about the formula adopted for adjusting the increment in their pensions. The veterans, as early as 8 a.m., barricaded the entrance with canopies and chairs, while armed soldiers prevented them from entering the […]
The Nigerian Air Force has said that one of its helicopters that landed on a farmland in Makurdi, the Benue State capital was returning from an operation against suspected kidnappers along the Enugu-Benue boundary. It weas gathered that the aircraft, on Wednesday, landed on a farmland in Utur Tse-Igboji community, Bar Council Ward along Welfare […]
The Nigeria Democratic Congress (NDC) and the Social Democratic Party (SDP) have taken different approaches to the omission of some of their governorship candidates from the Independent National Electoral Commission (INEC)’s final list ahead of the 2027 general elections, with the NDC opting for negotiations while the SDP has activated legal proceedings. The NDC said […]
