SLIDE

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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FG Advances Talks With World Bank Over Fresh $1.25bn Loan 0

The Federal Government of Nigeria has intensified discussions with the World Bank over a proposed $1.25bn loan aimed at supporting economic reforms, job creation, and investment competitiveness. According to findings obtained from a World Bank Programme Information Document, the proposed facility, known as the Nigeria Actions for Investment and Jobs Acceleration, has progressed to a

Cleric Tells Court Alleged Coup Organisers Requested Spiritual Backing 0

NEWS, SLIDE

May 12, 2026

An Islamic cleric based in Kaduna, Abdulkadir Sani, has told investigators that individuals allegedly involved in a planned coup against the administration of Bola Tinubu approached him for spiritual assistance and prayers. The disclosure emerged during proceedings at the Federal High Court in Abuja on Monday, where six defendants are currently facing trial over an

INEC Promises Strong Partnership With OOPA of Osun Governorship Poll 0

By Henry Ojo The Independent National Electoral Commission has assured media practitioners in Osun State of full cooperation ahead of the August 15 governorship election in the state. The Resident Electoral Commissioner for Osun State, Oluwatoyin Babalola, gave the assurance during a courtesy visit by the Osun Online Publishers Association to the commission’s state office