opeolumartin

NNPC Secures Presidential Approval for $20 Billion Final Investment Decision on Bonga Deepwater Project

Nigerian National Petroleum Company Limited (NNPC Ltd.) Abuja, Nigeria, March 11, 2026 The Nigerian National Petroleum Company Limited (NNPC Ltd.) has secured presidential approval for a targeted fiscal incentive aimed at unlocking the long-awaited Final Investment Decision (FID) on the Bonga Southwest Aparo Project. The development marks a significant milestone in Nigeria’s efforts to attract…

Read More

Access to CNG: President Bola Tinubu Directs PiCNG to Deploy About 100,000 Conversion Kits

State House, Abuja, Nigeria March 11, 2026 President Bola Tinubu has directed the Presidential Initiative on Compressed Natural Gas (PiCNG) to immediately deploy about 100,000 conversion kits nationwide to expand Nigerians’ access to Compressed Natural Gas (CNG). The directive was issued when the President received the Chairman of PiCNG, Ismaeel Ahmed, during an audience at…

Read More

EFCC Arrests 15 Suspects with Radioactive Solid Minerals in Kaduna

Economic and Financial Crimes Commission (EFCC), Kaduna, Nigeria,March 11, 2026 Operatives of the Kaduna Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have arrested 15 male suspects for their alleged involvement in the illegal handling and transportation of radioactive solid minerals. The suspects were intercepted and apprehended on Sunday, March 8, 2026, along…

Read More

Federal Government Monitoring Middle East Developments to Safeguard Nigeria’s Economic Stability

Federal Ministry of Finance, Abuja, Nigeria,March 11, 2026 The Federal Government of Nigeria has reaffirmed its commitment to protecting the nation’s economic stability amid escalating geopolitical tensions in the Middle East involving the United States, Israel, and Iran. Authorities say the government is closely monitoring the evolving situation and evaluating its potential implications for Nigeria’s…

Read More

 Alleged N91.7m & N3.4m Fraud: EFCC Arraigns Four for Theft in Lagos

 Lagos, March 10, 2026 The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 1, has arraigned four suspects — Adetunji Mathew, Victor Damilare Olaomo, Douglas Agorom Ikwugwu, and Arowolo Adeniyi Abiodun — before different judges at the Lagos State High Court, Ikeja, over alleged fraud and theft. Mathew and Olaomo were arraigned before Justice…

Read More

Nigeria Resolves Over Two Decades of Dispute Over OPL 245; Attorney-General Hails President Tinubu’s Leadership

 Abuja, March 10, 2026 The longstanding dispute over OPL 245 has finally been resolved, a development that the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, says will strengthen Nigeria’s fiscal capacity and reposition the national economy. A statement by Bayo Onanuga, Special Adviser to the President on Information and Strategy, noted that…

Read More

N1.65bn & $2.09m Fraud: Appeal Court Upholds Conviction of Ex-Army General Umar Mohammed

 Lagos, March 10, 2026 A three-member panel of Justices of the Court of Appeal, comprising Justice Abba Mohammed, Okon Abang, and Eberechi Nyesom, has affirmed the conviction and sentence of former Group Managing Director of Nigerian Army Properties Limited (NAPL), Major-General Umar Mohammed, for offences related to theft and misappropriation of company funds. In a…

Read More

President Tinubu Hosts Iftar for Traditional and Religious Leaders at State House

Presidential Villa, Abuja, March 10, 2026 His Excellency, President Bola Ahmed Tinubu, GCFR, alongside Vice President Kashim Shettima, hosted an Iftar for traditional and religious leaders at the State House Banquet Hall in the Presidential Villa, Abuja today. The gathering brought together prominent leaders from across Nigeria’s diverse religious and traditional communities. It was a…

Read More
Back To Top