In the 2026 budget, the federal government put faith firmly above nuclear energy and climate concerns, despite global environmental pressures intensifying and energy security becoming highly vital. N11.5 billion has been earmarked to power Nigeria’s two major pilgrimage agencies, while N4.6bn Read more…
President Bola Tinubu and Vice President Kashim Shettima will spend a combined N6.1 billion on foreign travels in 2026, according to details of the 2026 Appropriation Bill currently before the National Assembly. Budget documents showed that the allocation for international Read more…
Fresh facts have emerged as to why Business mogul Aliko Dangote withdrew the petition he sent to the Independent and Corrupt Practices Commission (ICPC) against Engineer Farouk Ahmed, the immediate past ACE/CEO of the Nigerian Midstream Downstream Petroleum Regulatory Authority Read more…
The fuel supply arrangement between the Dangote Petroleum Refinery and 20 major petroleum marketers, under which the parties agreed to offtake 600 million litres of petrol monthly, has collapsed over pricing disagreements, The PUNCH has exclusively learnt. It was also Read more…
From Ijeoma John, Nnewi The Convener of the Good Governance Initiative, Amb. Ikebunwa Lotanna, has emerged winner of the 2025 Young Icon in Real Estate of the Year at the prestigious Nnewi Heroes Award Ceremony, held on Tuesday, January 6, Read more…
The Independent Corrupt Practices and Other Related Offences Commission, ICPC, has vowed to continue its probe of the immediate past Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, Farouk Ahmed, despite the withdrawal of the Read more…
Togo, Niger, and Benin owe Nigeria $17.8m, an equivalent of over N25bn at the current exchange rate, for electricity supplied under bilateral arrangements, the Nigerian Electricity Regulatory Commission has said. In its Third Quarter 2025 report, NERC disclosed that the Read more…
(Bloomberg) — President Donald Trump said Venezuela would relinquish as much as 50 million barrels of oil to the US, worth roughly $2.8 billion at the current market price, announcing the cargoes would be sold with proceeds benefiting both countries. The Read more…
DAILY POST correspondent, who went round Abuja on Monday morning, gathered that NNPCL retail outlets have reduced their fuel price to N815 per liter, down from N835. This means that the NNPCL filling stations cut their price by N20. The Read more…
The Labour Party’s presidential candidate in the 2023 general election, Peter Obi, has told the Federal Government that prosperity cannot be achieved by taxing the poor. Obi, in a statement posted on X on Friday, said sustainable economic and social Read more…
•Myths versus facts: Things you need to know about Nigeria Tax Act 2025 With the January 1, 2026 rollout of the new Nigeria Tax Act 2025, many Nigerians, particularly ordinary citizens, are battling uncertainty and confusion. To worsen the narrative, social media Read more…
From Ifeoma Ejiofor Civil Rights Concern (CRC) and partners last week held a meeting to review the assessment report of Anambra State Board of Internal Revenue (BIR) Grievance Redress Mechanism (GRM). The meeting aimed at strengthening the grievance redress mechanism Read more…