Nigerian fuel marketers are increasingly importing refined petroleum products originating from the Dangote Petroleum Refinery through the offshore ship-to-ship trading hub in Lome, Togo, according to an S&P Global Energy official, Matthew Tracey-Cook. Tracey-Cook said the circular trade pattern persists even as the refinery boosts local production and supply, highlighting a possible disparity between local […]
The Directorate of State of the Indigenous People of Biafra (IPOB) has announced the indefinite suspension of the Office of the Leader of IPOB and the position of Director of Radio Biafra, both of which were previously occupied by Nnamdi Kanu. The decision, according to the group, will remain in effect pending further notice. In […]
About N500bn was deducted from the Federation Account Allocation Committee revenue for May 2026 to fund a national security emergency intervention, multiple sources familiar with the development told The PUNCH. The deduction was made before the monthly revenue sharing exercise among the Federal Government, states and local government councils, according to senior officials privy to […]
The United States Mission in Nigeria has announced that its Embassy in Abuja and Consulate General in Lagos will be temporarily closed on Friday, June 19, 2026, in observance of Juneteenth National Independence Day. The Mission made the announcement in a post shared on its official X account on Thursday, informing the public that both […]
A delegation of the federal government has visited the site of the ongoing construction of a $400m rare earth processing plant under construction in the Uke community of Nasarawa state to assess the level of compliance with relevant regulations and standards. The facility aimed to add 12,000 tonnes per annum to the company’s existing capacity, […]
The Nigeria Data Protection Commission (NDPC) has begun steps to strengthen data protection rules for Nigeria’s hospitality and telecommunications sectors. The move is part of broader efforts to develop sector-specific privacy frameworks tailored to industries handling large volumes of personal data. The initiative was presented yesterday in Abuja at a stakeholder engagement on data protection […]
The federal government on Wednesday flatly rejected reports that it was planning to introduce new taxes on telecommunications services or petroleum products, describing the claims as factually incorrect and a misrepresentation of recommendations contained in a recent International Monetary Fund (IMF) report on Nigeria’s economy. In a statement issued by the Federal Ministry of Finance, […]
The Nigeria Democratic Congress (NDC) has exempted its presidential candidate, Peter Obi, and his running mate, Rabiu Musa Kwankwaso, from signing the party’s anti-defection oath, even as the requirement remains mandatory for all other candidates seeking elective offices on its platform. The anti-defection policy, introduced by the party leadership, compels candidates to sign indemnity forms […]
A fresh battle over the control of Nigeria’s electricity sector is brewing, as state electricity regulators have accused the National Assembly of attempting to claw back powers already devolved to states under the Constitution and the Electricity Act 2023. In a strongly worded memorandum submitted to the Senate Committee on Power and obtained by our […]
The Nigeria Customs Service (NCS), Apapa Area Command, has intercepted three 40ft containers of Cannabis Sativa and expired pharmaceutical products illegally imported into the country through the Lagos port complex worth N12.8 billion. In a statement released by the Public Relations Officer of the Command, Isah Sulaiman, the officers of the NCS command in collaboration […]
