The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reported a Profit After Tax of ₦5.4 trillion for 2024, on revenue of ₦45.1 trillion, representing a 64% increase from 2023. Group Chief Executive Officer Bayo Ojulari announced the result at a media briefing in Abuja, attributing the strong performance to enhanced operational efficiency, downstream market reforms and strict cost discipline. Ojulari said the company is advancing major gas infrastructure projects i

The Minister of Regional Development, Abubakar Momoh, has described the economic reforms of President Bola Tinubu as bold measures aimed at preparing Nigeria for a future of shared prosperity. Momoh spoke on Monday in Benin, Edo State, while delivering the 55th Founder’s Day Lecture of the University of Benin, addressing an audience of students, faculty, and stakeholders on the topic “Reforms for a Shared Prosperity.” The minister noted that many Nigerians experiencing the sh

The Presidency says the United States Government has expressed a renewed commitment to strengthening security cooperation with Nigeria, including enhanced intelligence sharing and the provision of military equipment to support counter-terrorism and counter-extremism operations. The development follows a series of high-level meetings in Washington last week between senior Nigerian officials and key arms of the US Government, aimed at deepening defence ties and expanding strate

The Kaduna State Government has dismissed as false and politically motivated the allegation by former Governor Nasir El-Rufai that the Uba Sani administration paid ₦1 billion to bandits as part of security engagements. In a statement issued on Sunday, the Commissioner for Internal Security and Home Affairs, Sule Shu’aibu (SAN), said the former governor must provide proof within one week or retract the allegation, warning that failure to do so would result in legal action. El-

President Bola Tinubu has ordered the immediate withdrawal of police officers attached to Very Important Persons across the country, directing that the personnel be reassigned to core policing duties to boost national security coverage. The directive was issued during a high-level security meeting held on Sunday in Abuja, attended by service chiefs and the Director-General of the Department of State Services, where the president emphasized the urgent need to strengthen polici

The Federal Government has assured that the 25-kilometre access road linking Lekki Deep Seaport to Epe and Ijebu-Ode will be completed within a 21-month schedule, describing the project as fully on course and strategically viable. Minister of Works, Senator Dave Umahi, gave the assurance during an inspection of the road project in Lagos on Sunday, expressing confidence in the contractor’s capacity to deliver on time. Umahi noted that China Harbour Engineering Company (CHEC) w

The United States has issued a firm warning to Nigeria over the escalating wave of school abductions in the northern region, urging authorities to respond decisively and prevent the country from sliding deeper into insecurity that disproportionately affects children and vulnerable communities. In a statement released on Monday through the US State Department’s Bureau of African Affairs, Washington condemned the back-to-back kidnappings in Niger and Kebbi states, describing th

The Federal Government has announced that the first 47-kilometre section of the Lagos–Calabar Coastal Highway will be opened to motorists between December 12 and 17, 2025, marking a significant milestone in the nation’s coastal infrastructure drive. The announcement was made by the Minister of Works, David Umahi, during an inspection tour on Sunday. He affirmed that both the government and the contractor are committed to delivering the initial stretch of the 750-kilometre hig

The Alaafin of Oyo, Oba Abimbola Akeem Owoade, has called on Yorubas across the world to unite in restoring key values, traditions, and cultural heritage, noting that cultural tourism remains a major pathway to Nigeria’s economic diversification. Speaking at the 2025 Iyake International Festival in Ado-Awaye, Oyo State, the monarch said Nigeria must reduce overreliance on oil and refocus national development through tourism-driven cultural revival. He stressed that nations th

Vice President Kashim Shettima departed Abuja on Friday to represent President Bola Tinubu at the G20 Leaders’ Summit in Johannesburg, South Africa. President Tinubu had initially planned to travel for the summit but postponed his trip to await further security briefings following recent incidents in Kebbi and Kwara states. The invitation was extended by South African President Cyril Ramaphosa, who also serves as the current President of the G20 group. The summit is one of th

The Renewed Hope Initiative, in collaboration with the National Information Technology Development Agency (NITDA), on Thursday held the closing ceremony of the 2025 Women ICT Training Empowerment Programme at the Presidential Villa in Abuja. The First Lady, Senator Oluremi Tinubu, CON, who chaired the event, congratulated the trainees and encouraged them to embrace small beginnings while applying their new digital skills to contribute to Nigeria’s technological growth. She al

The European Union (EU), in partnership with BMZ Germany and the Kingdom of Denmark and implemented by GIZ Nigeria, has launched a €820 million digital expansion drive in Nigeria to strengthen ICT infrastructure, digital skills, and innovation across the country. The programme reached Kano State this week, where stakeholders convened for the fifth Project Steering Committee meeting of the Digital Transformation Centre Nigeria and marked the launch of the Women Venture Studio

The effort to expand women’s participation in global trade received a major boost as the International Trade Centre (ITC) and the Nigerian Export Promotion Council (NEPC) convened a UK-funded trade mission in Abuja, connecting 30 Nigerian women-led businesses with 12 UK importers. The mission, supported by the UK government under the SheTrades Commonwealth+ Programme, is aimed at unlocking an estimated $32 million in untapped export potential  between Nigeria and the United K

The Federal Government has commissioned a 1.5-megawatt solar hybrid mini-grid at the National Orthopaedic Hospital, Dala, Kano, to improve reliable and affordable electricity supply for critical medical services. The project was announced by the Managing Director of the Rural Electrification Agency (REA), Abba Abubakar-Aliyu, during the groundbreaking ceremony, which also featured the presentation of a 1.5-Tesla MRI machine donated by the Nigerian National Petroleum Company L

No fewer than 23,000 residents across the 20 local government areas of Ogun State have benefitted from the ongoing distribution of the Federal Government’s Renewed Hope Conditional Cash Transfer cards, designed to support vulnerable households and reduce poverty nationwide. The Ogun State Commissioner for Special Duties and Inter-Governmental Affairs, Hon. Olufunmilayo Efuwape, disclosed this during a monitoring exercise in Ikenne Local Government, noting that the initiative

The Federal Government has announced the release of N68bn for vaccine financing and an additional N50bn to settle outstanding arrears owed to health workers across the country. The disclosure was made by the Coordinating Minister of Health and Social Welfare, Prof. Muhammad Pate, during the 66th National Council on Health meeting in Calabar, Cross River State. Pate said the N68bn has already been credited to the National Primary Health Care Agency, with the Central Bank expec

The Nonreligious Community of Nigeria has formally petitioned the Federal Ministry of Education and the United States Embassy in Abuja, alleging entrenched discrimination against citizens who identify as atheists, humanists, agnostics, and other nonreligious groups. In separate submissions dated November 19 and signed by National Coordinator Ikechukwu Obasi, the organisation accused Nigerian authorities of operating policies that marginalise irreligious citizens, particularly

The Federal Government has reiterated its commitment to ensuring safe and secure learning environments for all Nigerian students as part of ongoing efforts to strengthen the Safe School Initiative. Minister of State for Finance, Doris Uzoka-Anite, made this known in Abuja during the 2025 International Students’ Day celebration organised by the Office of the Special Assistant to the President on Student Engagement. In a statement issued by the SA’s office, the minister said th

Ekiti State Government has announced that its ongoing economic reforms and agricultural programmes are beginning to deliver tangible improvements, signalling a gradual return to stability under the administration of Governor Biodun Oyebanji. The update came following the release of the October inflation figures by the National Bureau of Statistics (NBS), which provided fresh data on economic performance across states. In a statement issued in Ado-Ekiti, the Governor’s Special

The Federal Government has announced plans to generate nearly N1.49 trillion annually from electricity exports to 15 West African countries, marking one of Nigeria’s biggest projected revenue streams from the power sector. The projection comes after Nigeria successfully completed a four-hour grid synchronisation test with the West African Power Pool, a historic step that positions the country for full regional power trade by June 2026. Minister of Power, Chief Adebayo Adelabu