United States Republican lawmakers have introduced a high-stakes legislative bill aimed at imposing targeted sanctions on prominent Nigerian political and social figures, including former Governor Rabiu Kwankwaso and the leadership of the Miyetti Allah Kautal Hore. The bill, which cites alleged “human rights violations” and “asymmetric threats” to regional stability, signals a potential shift in […]
Nigeria has failed to meet its crude oil production quota for the sixth straight month, underscoring the deep-seated “logistics bottlenecks” and “asymmetric threats” that continue to plague the nation’s upstream sector. Despite the Federal Government’s ambitious push toward a $1 trillion GDP, the persistent inability to hit OPEC-mandated targets highlights a critical “liquidity gap” in […]
Nigeria’s roadmap toward fully digitized and transparent electoral processes is now heavily anchored on the “Fiber-774” initiative and advanced satellite integration. This strategic infrastructure project is designed to eliminate the “digital divide” and provide the high-speed connectivity required for real-time election result transmission across all 774 Local Government Areas (LGAs). For a nation pursuing a […]
In a landmark move to modernize the nation’s supply chain, the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) has signed a Memorandum of Understanding (MoU) with Fortune Global Shipping and Logistics Limited. This partnership is specifically designed to enhance professional standards and build a more resilient infrastructure of distribution within the Nigerian […]
The Nigeria Revenue Service (NRS) has officially announced a bold revenue collection target of N40.71 trillion for the 2026 fiscal year. This target represents a significant increase from previous years and is designed to provide the necessary fiscal cushion to support Nigeria’s transition toward its ambitious $1 trillion GDP objective. This milestone projection is part […]
The House of Representatives has established a high-level, seven-man investigative panel to conduct a comprehensive audit of gas supplies to Power Generation Companies (GenCos) across the federation. This legislative intervention is designed to address the persistent “logistics bottlenecks” in the energy value chain and ensure the security of supply for Nigeria’s national grid. The move […]
The Nigerian Senate has initiated a legislative push for the complete removal of electricity subsidies as a strategic measure to shore up the 2026 budget. This move is part of a broader fiscal recalibration aimed at eliminating “asymmetric threats” to the nation’s economy and redirecting scarce resources toward critical “infrastructure of distribution” and social welfare […]
In a definitive move to protect its corporate reputation, the management of Dangote Refinery has announced that it has identified specific individuals and groups allegedly spreading “false and malicious” claims that the facility is importing refined petroleum products. The refinery, a cornerstone of Nigeria’s drive toward “energy sovereignty,” has threatened rigorous legal action against these […]
The Nigerian Exchange (NGX) has witnessed a significant bullish surge in early trading as a strategic shift in pension fund allocations triggered a massive influx of capital. Market analysts are describing the movement as a “liquidity tsunami,” directly linked to new directives from the National Pension Commission (PenCom) that encourage Pension Fund Administrators (PFAs) to […]
Access Bank has failed in its attempt to acquire Bidvest Bank, after the transaction collapsed due to unmet conditions by the agreed deadline, stalling the Nigerian lender’s expansion plans in South Africa. Access Bank ambitious attempt to scale its footprint in South Africa has suffered a major setback following the collapse of its R2.8 billion […]
The continued imposition of a 7% import surcharge is reportedly threatening cargo throughput and revenue stability at the Onne Port in Rivers State. Licensed customs agents and freight forwarders have voiced concerns that the port is losing its competitive edge to regional alternatives due to what they describe as a “suffocating” regime of multiple taxation. […]
Dr. Ainojie ‘Alex’ Irune, Executive Director at Oando PLC and Managing Director of Oando Energy, has called for a fundamental “financing rethink” to bridge the gap between Nigeria’s oil production reality and its 2 million barrels per day (mbpd) ambition. Speaking on the sidelines of a 2026 energy forum, Dr. Irune emphasized that as the […]
Senate President Godswill Akpabio has mounted a firm defense of the National Assembly’s decision to excise the mandatory “real-time” election result transmission clause from the latest amendments to the Electoral Act. Speaking during a high-stakes legislative session, Akpabio argued that the removal was a move toward “operational realism,” citing Nigeria’s current “digital divide” and the […]
President Bola Tinubu recently held a high-level security meeting at the State House with General Michael Langley, the Commander of the United States Africa Command (AFRICOM), alongside Nigeria’s Service Chiefs and top diplomatic officials. The strategic dialogue focused on strengthening the “security of the person” and protecting critical national infrastructure through enhanced counter-terrorism cooperation and […]
In a major push for regional digital sovereignty, the Nigerian government is leading a high-level diplomatic initiative to integrate telecommunications frameworks across West Africa. As negotiations for a unified cross-border roaming agreement intensify, the Nigerian Communications Commission (NCC) is working alongside ECOWAS regulators to eliminate the “roaming barriers” that have historically inflated the cost of […]
In a major step toward revitalizing regional trade, the Federal Government has officially reopened the Tsamiya-Anguwar Lalle land border with the Republic of Benin. This development ends a seven-year closure that began in 2019, signaling a significant shift in Nigeria’s trade policy and its commitment to the “security of transit” within the West African sub-region. […]
A comprehensive audit report has uncovered significant financial irregularities within the six Area Councils of the Federal Capital Territory (FCT), totaling over N100 billion. The report, which scrutinizes the fiscal management of the councils, points to systemic failures in accounting, unauthorized expenditures, and a widespread lack of supporting documentation for high-value transactions. This indictment comes […]
The Nigeria Labour Congress (NLC) has issued a stern warning to the Federal Government and the Independent National Electoral Commission (INEC), threatening a nationwide boycott of the 2027 general elections if the electronic transmission of results is not legally mandated. In a statement released following its National Executive Council (NEC) meeting in early February 2026, […]
In a major development for the stability of Nigeria’s Southeast, Mazi Nnamdi Kanu, the leader of the Indigenous People of Biafra (IPOB), has issued a definitive directive to his followers to immediately end the mandatory Monday “sit-at-home” protest. This order, communicated through his legal counsel, marks a significant shift in the region’s civil disobedience strategy, […]
The Central Bank of Nigeria (CBN) has granted “no-objection” approval to the Bank of Industry (BOI) to establish a non-interest banking window, marking a strategic shift in the nation’s development finance landscape. This regulatory milestone, announced on February 8, 2026, allows Nigeria’s oldest and largest development finance institution to offer Sharia-compliant financing products to MSMEs […]