By Ayomide Otitoju At the Society of Petroleum Engineers Oloibiri Lecture and Energy Forum 2026, the Chief Financial Officer of NNPC Limited, Adedapo Segun, has emphasised the importance of data-driven decision-making in guiding investment strategies. Speaking at a panel session themed “Capital Allocation beyond Brownfield vs. Greenfield: Data-driven investment decisions” in Abuja, Segun—represented by the…
By Ayomide Otitoju The Kaduna State Government has signed into law the Kaduna State Tax (Consolidation) Law, 2025, in a major reform aimed at overhauling and simplifying the state’s tax system. Governor Uba Sani signed the legislation after its passage by the State House of Assembly, describing it as a step toward improving fiscal efficiency…
By Ayomide Otitoju The Minister of Interior, Olubunmi Tunji-Ojo, has directed the Nigeria Immigration Service to immediately withdraw and deactivate passports belonging to Nigerians who have formally renounced their citizenship. The minister clarified that the directive applies only to individuals whose renunciation requests have been duly approved by President Bola Ahmed Tinubu. Tunji-Ojo said the…
The United Kingdom has shelved plans to return the Chagos Islands to Mauritius, following strong opposition from US President Donald Trump, a government spokesperson said on Saturday. “We have always said we would only proceed with the deal if it has US support,” the spokesperson stated, amid reports that legislation to transfer sovereignty of the…
By Ayomide Otitoju Oando Plc has announced plans to raise $750 million in 2026 to fund an extensive drilling campaign aimed at boosting its oil output by as much as 300 percent, amid renewed investor interest in West African energy assets. The company’s Chief Executive Officer, Wale Tinubu, disclosed the plan in an interview with…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC Ltd) has disclosed that it remitted a total of N1.804 trillion to the Federation Account in February 2026, marking a significant increase from the N726 billion recorded in January. The sharp rise reflects improved revenue performance and stricter remittance practices by the state-owned oil firm….
By Ayomide Otitoju Access Holdings Plc has raised an alert over a fraudulent scheme involving individuals impersonating its Chairman, Aigboje Aig-Imoukhuede, in an attempt to lure unsuspecting members of the public into fake investment opportunities. According to the notice, the scammers created a WhatsApp group titled “Value Focus Club 60” using a Nigerian phone number…
By Ayomide Otitoju Applications have opened for the fifth edition of the MTN Media Innovation Programme (MIP), a fully funded certificate initiative sponsored by MTN Nigeria in partnership with the School of Media and Communication, Pan-Atlantic University. The programme, launched in 2022, is designed to strengthen capacity within Nigeria’s media landscape by equipping professionals with…
Inflation in the United States rose sharply in March as higher energy prices driven by the Middle East conflict pushed up costs for consumers, according to government data released Wednesday. The US Bureau of Labor Statistics (BLS) said the Consumer Price Index (CPI) increased 3.3% year-on-year in March, up from 2.4% in the previous month….
