London — The has approved legislation to remove the remaining hereditary peers from the , effectively ending a centuries-old system that allowed aristocrats to sit in the legislature by virtue of birth. The reform targets the last group of hereditary peers who retained the right to sit and vote in the upper chamber, a legacy […]
UK Parliament Votes to End Hereditary Seats in House of Lords Read More »
Abuja — The Senate of the Federal Republic of Nigeria on Wednesday confirmed the nomination of Taiwo Oyedele as Minister of State for Finance, solidifying President Bola Ahmed Tinubu’s cabinet appointments. Oyedele, a renowned tax and fiscal policy expert, had appeared before the Senate Committee for screening, where he outlined his commitment to implementing fiscal
Senate Confirms Taiwo Oyedele as Minister of State for Finance Read More »
Abuja — Nigeria’s Minister of Information and National Orientation Mohammed Idris has met with the Minister of Interior Olubunmi Tunji-Ojo in Abuja to align government communication on the reforms being implemented under President Bola Ahmed Tinubu. The meeting, held at the headquarters of the Ministry of Interior, focused on strengthening coordinated messaging around the administration’s
Information, Interior Ministers Move to Strengthen Communication on Tinubu’s Reforms Read More »
Abuja — President has approved a package of fiscal incentives aimed at unlocking the Final Investment Decision (FID) for the (BSWA) deepwater project, a development expected to trigger about $20 billion in investment in Nigeria’s oil and gas sector. The project, located in Nigeria’s offshore deepwater basin, becomes the first deepwater Production Sharing Contract (PSC)
Tinubu Approves Fiscal Incentives for $20bn Bonga Southwest Aparo Deepwater Project Read More »
Abuja — The Federal Government has approved a hybrid payment system for access gates at Nigerian airports following the suspension of the previously introduced fully cashless payment arrangement. The directive was issued after the Minister of Aviation and Aerospace Development, Festus Keyamo, held a review meeting with officials of the Federal Airports Authority of Nigeria
FG Reintroduces Cash Payments at Airport Gates After Traffic Chaos Read More »
Abuja — Nigeria has suspended the issuance of petrol import licences for a second consecutive month as regulators begin enforcing provisions of the Petroleum Industry Act that restrict fuel imports to situations where domestic supply is insufficient. The move signals a shift in Nigeria’s downstream petroleum policy, as authorities increasingly prioritise local refining capacity to
Nigeria Suspends Petrol Import Licences as PIA Enforcement Begins. Read More »
Lagos — The Dangote Petroleum Refinery says it will continue to meet Nigeria’s fuel demand despite growing disruptions in global energy markets, assuring consumers of stable domestic supply. Speaking during a media chat, Managing Director and Chief Executive Officer David Bird said the refinery’s local production capacity is helping shield Nigeria from supply shocks affecting
Dangote Refinery Assures Fuel Supply Stability Amid Global Oil Market Volatility Read More »
Riyadh — Several leading oil-producing countries in the Middle East have reportedly implemented significant production cuts, a move that could further tighten global crude supply and heighten volatility in international energy markets. According to a report by Bloomberg News, Saudi Arabia has reduced its oil output by between 2 million and 2.5 million barrels per
OPEC members Slash Oil Output as Global Supply Tightens Read More »
The flags may not have changed, but the battlefield has. What began decades ago as a Cold War-era proxy contest has metastasized into a three-way standoff with nuclear undertones, regional proxies, and an increasingly fragile international order unable—or unwilling—to contain it. The hostility between the United States, Israel, and Iran is no longer a regional
Abuja — The Independent National Electoral Commission (INEC) has revised the timetable for the 2027 General Election following the repeal of the Electoral Act 2022 and the enactment of the Electoral Act 2026.Under the new schedule:Presidential and National Assembly Elections will now hold on Saturday, January 16, 2027. Governorship and State Houses of Assembly Elections
INEC Moves 2027 Presidential Poll to January Read More »
