NEITI Audit: Senate Queries $3bn Loan, $722.6m NLNG Funds

The Federal Ministry of Finance has come under scrutiny over unresolved financial issues contained in the Nigeria Extractive Industries Transparency Initiative’s audit of the oil and gas sector, with officials pointing to difficulties in obtaining records from key petroleum agencies, particularly the Nigerian National Petroleum Company Limited. The disclosure was made on Thursday, August 13, … Read more

Osinbajo, Fashola Attend Kemi Adeosun’s Husband’s Burial

Former Vice President, Yemi Osinbajo, former Lagos State Governor, Babatunde Fashola and other prominent Nigerians gathered in Lagos on Thursday to honour the late Anthony Adeosun, husband of former Minister of Finance, Kemi Adeosun. The funeral service attracted political leaders, public officials, business figures, friends and associates of the Adeosun family, who came together to … Read more

Baze VC Laments Incessant Financial Requests

The Vice-Chancellor of Baze University, Abuja, Professor Abiodun Adeniyi, has spoken about the financial pressure he has encountered since assuming leadership of the private university, saying individuals have continued to approach him with requests for personal assistance. Adeniyi, who became Vice-Chancellor of the institution in May 2026, disclosed the experiences in a Facebook post on … Read more

Tinubu Assures NUPENG: Nigeria’s Refineries Will Work

President Bola Ahmed Tinubu has assured petroleum workers that Nigeria’s Government-owned refineries will return to sustainable operations, insisting that the facilities must not only restart but also become commercially viable and beneficial to the Nigerian economy. Tinubu gave the assurance on Thursday, August 13, 2026, when he received the newly elected leadership of the Nigeria … Read more

Fubara Denies Fresh Rift With Rivers Lawmakers

The Rivers State Government has dismissed reports of a fresh disagreement between Governor Siminalayi Fubara and members of the Rivers State House of Assembly over the delay in passing the State’s 2026 Appropriation Bill. The Government described the reports as misleading, saying the budget proposal remains before the legislature and is progressing through the required … Read more

Toyota Ex-Chief, Hiroshi Okuda, Dies At 93

Former Toyota Motor Corporation President and Chairman, Hiroshi Okuda, one of the executives credited with transforming the Japanese automaker into a global powerhouse, has died at the age of 93. Toyota confirmed his death on Wednesday, August 12, 2026, although the company did not immediately disclose the date or cause of death. Okuda remains closely … Read more

NCAA Urges Aviation Unions To Suspend Strike

The Nigeria Civil Aviation Authority (NCAA) has appealed to aviation unions to suspend their ongoing industrial action and return to dialogue, following disruptions to flight operations across the country. The appeal was contained in a statement issued on Tuesday, August 11, 2026, by the Director-General of Civil Aviation, Capt. Chris Ona Najomo. The aviation regulator … Read more

Oil Prices Rise As Hormuz Deal Hopes Fade

Oil prices extended their recent gains on Tuesday as uncertainty surrounding the reopening of the Strait of Hormuz continued to unsettle global energy markets and revive concerns about inflation. The latest movement came as hopes of a quick agreement between the United States and Iran appeared to weaken, with both sides maintaining positions that could … Read more

Jonathan Hails Bala Mohammed, Commissions ₦58bn Bauchi Roads

Former President Goodluck Jonathan has praised Bauchi State Governor, Bala Mohammed, for what he described as tangible achievements in infrastructure development, particularly the Governor’s urban renewal programme and expansion of road networks across the State. Jonathan made the remarks on Monday, August 10, 2026, while commissioning 18 township road projects completed by the Bauchi State … Read more

Heirs Life Appoints Jerry Eze Director

Heirs Life Assurance has appointed Pastor Jerry Eze, founder and lead pastor of Streams of Joy International Ministry, as an Independent Non-Executive Director of the company. The appointment took effect on Monday, August 10, 2026, marking a new corporate responsibility for the prominent Nigerian cleric and founder of the New Season Prophetic Prayers and Declarations … Read more