Henryrich

Former Power Minister Saleh Mamman Sentenced To 75 Years Over ₦33.8bn Fraud 1
- CRIME, NEWS
- May 13, 2026
A Federal High Court sitting in Abuja has sentenced former Minister of Power, Saleh Mamman, to a total of 75 years imprisonment after finding him guilty of fraud and money laundering involving about ₦33.8 billion. Justice James Omotosho convicted Mamman on all 12 counts filed against him by the Economic and Financial Crimes Commission. The
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NNPC And NUPRC Remit N322bn, $116.9m After Tinubu’s Executive Order 9 Takes Effect 0
- BUSINESS, SLIDE
- May 12, 2026
Revenue inflows into Nigeria’s Federation Account have recorded a significant boost as the Nigerian National Petroleum Company Limited and the Nigerian Upstream Petroleum Regulatory Commission jointly remitted over N322bn and $116.9m within two months of the implementation of Executive Order 9 signed in February 2026. The figures were contained in documents presented at recent Federation
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Oil hits $104 as US-Iran peace deal fails 0
- BUSINESS, SLIDE
- May 12, 2026
Global crude oil prices surged to around $104 per barrel on Monday following escalating tensions between the United States and Iran, after both sides failed to reach an agreement aimed at ending the ongoing conflict in the Middle East. The market reaction comes amid renewed uncertainty over a potential ceasefire, with U.S. President Donald Trump
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ISIS moves operations to W’Africa, US warns 0
- NEWS, SLIDE
- May 12, 2026
The United States has issued a fresh security warning indicating that extremist networks linked to the Islamic State (ISIS) are increasingly shifting their operations to Africa, with Nigeria and the wider Lake Chad Basin identified as major focal points in its 2026 counterterrorism outlook. The warning is contained in a new U.S. counterterrorism strategy document
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