Highlights

The House of Representatives Public Accounts Committee (PAC) has issued a final warning to 13 oil companies over alleged non-remittance of $456.95 million (₦731.12 billion) owed to the Federal Government. Despite repeated summons and public notices, the companies reportedly failed to appear before the committee probing unremitted oil revenues. The committee is now threatening sanctions under Nigeria’s legislative and constitutional frameworks. Defaulters Include: Neconde Energy Ltd – $326m Continental Oil

President Bola Ahmed Tinubu on Wednesday began a high-profile visit to Benue State to address the escalating violence in the region, following the deadly Yelewata attack that claimed over 100 lives on June 13. The President’s visit began with a trip to Yelewata in Guma Local Government Area, the epicenter of the recent violence, where he met with survivors, bereaved families, and displaced persons. The attack, carried out by unidentified

As tensions between Iran and Israel escalate to alarming levels, Israeli Prime Minister Benjamin Netanyahu has issued a stark warning to residents of Tehran, urging them to evacuate the city immediately. Speaking during a visit to an Israeli airbase on Monday, Netanyahu stated that Israel was actively pursuing its mission to neutralize threats posed by Iran, focusing on two key objectives: dismantling Iran’s nuclear capabilities and its missile infrastructure. “We

Amid worsening power grid failures and deep-rooted energy sector challenges, Nigeria is accelerating its transition to renewable energy — with a renewed focus on decentralized systems and regulatory reforms led by the Nigerian Electricity Regulatory Commission (NERC). Persistent collapses of the national grid — including seven in 2024 alone and over 140 since the sector’s privatization in 2013 — have left millions of Nigerians underserved. Experts attribute these failures to

Lagos, Nigeria – June 10, 2025 As fears of fuel scarcity grow across Lagos and other parts of Nigeria, the Dangote Petroleum Refinery has announced that it will begin the nationwide distribution of Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO) starting August 15, 2025. This announcement comes amid escalating tensions between tanker drivers, fuel marketers, and the Lagos State Government over the controversial implementation of a new E-Call

Lagos, Nigeria – Ports & Cargo Handling Services Limited, a subsidiary of SIFAX Group, has marked a historic milestone with the successful docking of IPSARION — the largest general cargo vessel ever handled at its terminal on Tincan Island Port, Lagos. In a statement issued on Sunday, the Group Head of Corporate Communications at SIFAX Group, Olumuyiwa Akande, confirmed the development, describing it as a major achievement for the company

A 56-year-old Nigerian-Australian woman, Binta Abubakar, has been arrested by the Australian Federal Police (AFP) for allegedly trafficking at least 15 students from Papua New Guinea (PNG) and forcing them into unpaid labour under the pretext of offering educational scholarships. Abubakar, who was primarily based in PNG, was taken into custody on Wednesday at Brisbane Airport upon arrival from Port Moresby. Her arrest follows a two-year investigation launched by the

President Bola Ahmed Tinubu, during the 2025 Democracy Day address, announced the conferment of national honours on 68 notable Nigerians, including posthumous recognitions to individuals who played pivotal roles in Nigeria’s democratic journey. Among them was Kudirat Abiola, posthumously awarded the Commander of the Federal Republic (CFR), in recognition of her pivotal role in the June 12 pro-democracy struggle. Others who received posthumous honours include Shehu Musa Yar’Adua (GCFR), Prof

The Nigerian Army has completed the training of 604 Special Forces under the eighth phase of its flagship initiative, Exercise Restore Hope, aimed at reinforcing the country’s security architecture. The rigorous six-month training was conducted at the Nigerian Army Military Training Centre in Kachia, Kaduna State, and focused on both kinetic and non-kinetic dimensions of modern military engagement. Designed to equip soldiers with the expertise required to tackle present-day security