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
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
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
Former Ekiti State Governor, Ayodele Fayose, has officially assumed the position of Chairman of the Governing Board of the Rural Electrification Agency (REA), pledging to deploy his political influence and experience to strengthen the Agency and expand electricity access to underserved communities across Nigeria. Fayose was formally inaugurated on Friday, August 7, 2026, in Abuja … Read more
The race for the FIFA presidency has taken a dramatic turn after the Football Association of Wales (FAW) became the first national football federation to publicly withdraw its backing for Gianni Infantino’s bid for another term as President of world football’s governing body. The decision marks a significant escalation in the growing opposition to Infantino’s … Read more
Nigeria’s Senate has handed a fresh 72-hour ultimatum to several key federal agencies, including the Nigerian National Petroleum Company Limited (NNPCL), the Central Bank of Nigeria (CBN), the Niger Delta Development Commission (NDDC), and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), ordering them to appear before its Committee on Public Accounts to address pending audit … Read more
Nigerian oil billionaire, Muhammadu Indimi, has taken a fresh legal step in the high-profile dispute over dividend payments involving his twin daughters, Ameena and Zara Indimi, by seeking to join the appeal against a Federal High Court judgment that awarded them $43.51 million. The latest development adds another chapter to one of Nigeria’s most closely … Read more
The Presidency has firmly rejected claims by former Vice-President Atiku Abubakar that the Federal Government generated an unaccounted oil windfall of about ₦7.98 trillion under President Bola Ahmed Tinubu’s administration, insisting that the allegation lacks factual basis and challenging the presidential candidate to provide credible evidence. The latest exchange is the newest chapter in the … Read more
The Niger State Government has renewed its determination to eliminate illegal mining across the State, warning that individuals, groups and companies operating outside the law will be arrested and prosecuted if they fail to stop their activities immediately. The fresh directive comes as the State Government steps up efforts to restore order in the mining … Read more