NNPC Board, Staff Costs Soar to N749.7bn in 2024

By Ayomide Otitoju The cost of running the Nigerian National Petroleum Company Limited (NNPC) rose sharply in 2024, with directors’ fees and expenses climbing to N4.096 billion, while total spending on employee benefits surged to N749.7 billion, according to the company’s audited 2024 annual report. An analysis of the report by The PUNCH on Thursday…

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NNPC, 12 MDAs Score Zero in ICPC Ethics Report

By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC) and 12 other federal ministries, departments, and agencies (MDAs) recorded zero in the Ethics and Integrity Compliance Scorecard (EICS) released by the Independent Corrupt Practices and Other Related Offences Commission (ICPC). According to the ICPC’s publication on Wednesday, the NNPC ranked last among 357 MDAs…

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Tinubu: Four US Attack Helicopters to Arrive Soon

By Ayomide Otitoju President Bola Tinubu has announced that four attack helicopters ordered from the United States will arrive in Nigeria soon, as the country continues to battle rising insecurity and insurgency. The President made the disclosure on Friday while receiving a delegation from the Christian Association of Nigeria (CAN), led by Archbishop Daniel Okoh,…

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Olofa Urges Calm After Offa Explosion Injures Five

By Ayomide Otitoju The Olofa of Offa, Oba Muftahu Gbadamosi, has appealed to residents to remain calm and continue their end-of-year celebrations following an explosion that destroyed parts of three buildings in the town. The incident occurred late Thursday night along the Offa-Ijagbo road, injuring about five people, including a couple and their young daughter….

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Tinubu Assures Nigerians of Improved Security Outcomes

By Ayomide Otitoju President Bola Tinubu has assured Nigerians that the ongoing recalibration of the country’s security architecture will begin to yield positive results in the near future. The President gave the assurance on Friday during a meeting with a delegation of the Christian Association of Nigeria (CAN), led by its President, Archbishop Daniel Okoh,…

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Explosions Rock Kyiv as Authorities Warn of Missile Attack

Several powerful explosions struck Kyiv early on Saturday as Ukrainian authorities warned that the capital was under a missile attack. Kyiv Mayor Vitali Klitschko said air defence systems had been activated and urged residents to remain in shelters. “Explosions in the capital. Air defence forces are operating. Stay in shelters!” he wrote on Telegram. Ukraine’s…

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Oyedele: January 1, 2026 Tax Reform Date Is Fixed

By Ayomide Otitoju The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has reaffirmed that the January 1, 2026, commencement date for the Nigerian Tax Act and the Nigerian Tax Administration Act remains sacrosanct. Oyedele made the assertion on Friday in Lagos while briefing journalists after a meeting with President…

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Sanwo- Olu Commissions Eyo Monument to Preserve Lagos Culture

By Ayomide Otitoju The Governor of Lagos State, Mr. Babajide Sanwo-Olu, on Friday commissioned the Eyo Monument at the John Randle Centre for Yoruba Culture and History in Onikan, Lagos Island, reaffirming his administration’s commitment to preserving the state’s cultural identity. Standing nearly 40 feet tall, the Eyo Monument was described by Governor Sanwo-Olu as…

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