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NUPRC Denies Withholding Exploration Fund, Says $185m, N14.9bn Released To NNPCL

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has dismissed reports that it is withholding the Frontier Exploration Fund (FEF) from the Nigerian National Petroleum Company (NNPC Ltd.). The commission’s Head of Media and Strategic Communication, Eniola Akinkuotu, who dismissed the reports in a statement on Monday said that 185.123 million dollars had been approved along...
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Heirs Insurance Travel Festival Draws Thousands, Signalling A New Era For An Inclusive Travel Ecosystem for Africans

The inaugural Heirs Insurance Travel Festival delivered an unforgettable experience on Saturday, November 29, at Harbour Point, Victoria Island, Lagos, bringing together travel enthusiasts, diplomats, creatives, business owners, and young Nigerians to celebrate cultural diversity and make a bold call for equity in travel policies and processes. More than a cultural celebration, the festival served...
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Wike Sacks FCT-IRS Acting Chairman

Minister of the Federal Capital Territory (FCT), Nyesom Wike, has sacked the acting Executive Chairman of the FCT Internal Revenue Service (FCT-IRS), Mr Michael Ango. Mr Lere Olayinka, Senior Special Assistant to the minister on Public Communication and Social Media, announced the sack in a statement in Abuja on Friday. Although no season was provided...
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I’m Still In PDP – Wike

The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, says he is still a member of the Peoples Democratic Party (PDP). Wike gave the clarification in Abuja on Friday, while reacting to the defection of 16 lawmakers of the Rivers Assembly from the PDP to the ruling All Progressives’ Congress (APC). The News...
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FEC Approves 2026–2028 MTEF, Targets N34.3trn Revenue

The Federal Executive Council (FEC) on Wednesday approved the 2026–2028 Medium-Term Expenditure Framework (MTEF), outlining revenue projections, fiscal assumptions and spending priorities for the next three years. The Minister of Budget and Economic Planning, Sen. Atiku Bagudu, briefed State House Correspondents after the meeting presided over by President Bola Tinubu. He said the Federal Government...
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Gov Fubara Dumps PDP, Defects to APC

Rivers State Governor, Sir Siminalayi Fubara has announced his defection from the Peoples Democratic Party (PDP) to the ruling All Progressives Congress (APC). He made the announcement on Tuesday during a stakeholders’ meeting at the Government House, Port Harcourt. At the meeting, Fubara confirmed to political leaders and selected groups that he had joined the...

NUPRC Denies Withholding Exploration Fund, Says $185m, N14.9bn Released To NNPCL

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has dismissed reports that it is withholding the Frontier Exploration Fund (FEF) from the Nigerian National Petroleum Company (NNPC Ltd.). The commission’s Head of Media and Strategic Communication, Eniola Akinkuotu, who dismissed the reports in a statement on Monday said that 185.123 million dollars had been approved along...

Ladoja Urges FG To Reopen All Land Borders

The Olubadan of Ibadanland, Oba Rashidi Ladoja, has appealed to the Federal Government to open all land borders in Nigeria to ease the movement of persons and goods across the sub-region as provided under the ECOWAS trade liberation scheme. Ladoja made the appeal when the outgoing Controller of Customs, Oyo/Osun Area Command, Compt. Gambo Aliyu,...

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