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PENGASSAN Rejects Tinubu’s Oil Revenue Executive Order, Warns of Investor Fallout

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Abuja, February 20, 2026 — The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has rejected President Bola Tinubu’s recent Executive Order on oil and gas revenue remittance, describing it as a “dangerous precedent” that could undermine the Petroleum Industry Act (PIA) and weaken investor confidence in Nigeria’s energy sector. Speaking at a […]

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Free High-Speed Wi-Fi Goes Live at Lagos, Abuja Airports

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Travellers using Nigeria’s two busiest international airports can now enjoy free high-speed internet, following the launch of complimentary Wi-Fi services at Lagos and Abuja terminals. The initiative was unveiled by the Federal Airports Authority of Nigeria (FAAN) in collaboration with MTN Nigeria at the Murtala Muhammed International Airport and the Nnamdi Azikiwe International Airport. For

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Abuja Hosts 2026 G-24 Technical Session on Development Finance and Debt Sustainability

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Abuja is hosting delegates for the 2026 Technical Session of the Intergovernmental Group of Twenty-Four (G-24), bringing together senior policymakers, central bank officials, and development finance experts to deliberate on development finance, debt sustainability, and growth strategies for emerging market and developing economies. The G-24 — formally known as the Intergovernmental Group of Twenty-Four —

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El-Rufai Investigation Enters New Phase After Abuja Search

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Abuja Officials of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) on Thursday searched the Abuja residence of former Kaduna State governor, Nasir El-Rufai, in what marks a significant escalation in the ongoing investigation involving the prominent politician. The development was confirmed by El-Rufai’s media adviser, Muyiwa Adekeye, who said ICPC officials arrived

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Nigeria’s External Reserves Hit $48.5bn, Highest in 13 Years as Naira Stabilises

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Abuja, February 20, 2026 — Nigeria’s external reserves have climbed to $48.5 billion as of mid-February 2026, according to data from the Central Bank of Nigeria (CBN), marking the highest level since May 2013. The figure represents a significant rise from $45.5 billion recorded at the end of 2025, reflecting improved foreign exchange inflows driven

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Dangote Group Secures $750 Million Agreements to Expand Refinery and Petrochemicals

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Dangote Group has signed two major international agreements worth a combined $750 million with XCMG of China ($400 million) and EIL of India ($350 million) to scale up its refinery and petrochemical operations. The deals are part of Dangote’s strategy to increase refinery capacity from 650,000 barrels per day to 1.4 million barrels per day,

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OpenAI Hires OpenClaw Founder, Signaling Next Phase for AI Agents

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OpenAI has taken a major step toward autonomous AI with the hiring of Peter Steinberger, the creator of the popular open-source AI agent framework OpenClaw. Steinberger will lead development of OpenAI’s next-generation AI agents, designed to perform tasks proactively on behalf of users rather than simply responding to prompts. OpenClaw gained widespread attention in late

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Abdulsamad Rabiu’s Fortune Surges to $12.3bn, Nigeria’s Industrial Powerhouse Rises in Africa Rankings

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Nigerian billionaire Abdulsamad Rabiu has seen his net worth climb to $12.3 billion, following strong stock performance from BUA Cement and BUA Foods. The industrialist, founder and chairman of BUA Group, gained nearly $915 million in a single day, reinforcing his position as Africa’s fourth-richest individual. Analysts attribute the surge to robust domestic demand in

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Tinubu Signs Electoral Act 2026: What It Means for the 2027 Elections

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Abuja, February 18, 2026 — President Bola Ahmed Tinubu has signed the Electoral Act 2026 (Amendment) Bill into law, giving legal force to the framework that will govern Nigeria’s 2027 general elections. The signing, which took place at the Presidential Villa, Abuja, follows swift approval by both chambers of the National Assembly. Key Provisions of

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