News - thoughtmedianetwork.com

Tinubu Cracks Down on Oil Revenue Leaks with Executive Order 9

President Bola Tinubu has signed Executive Order 9, a sweeping directive aimed at stopping revenue leakages from Nigeria’s oil and gas sector and ensuring that all proceeds flow directly into the Federation Account. The order targets royalty oil, tax oil, profit oil, and profit gas under production sharing contracts, suspending NNPC’s previous retention of management […]

Tinubu Cracks Down on Oil Revenue Leaks with Executive Order 9 Read More »

MTN Moves TO ACQUIRE IHS TOWERS IN $ 2.2BN DEAL FULLY, Plans NYSE Delisting

MTN Group has announced plans to acquire full ownership of IHS Towers, after the IHS board accepted an offer of US$8.50 per share, a move that would see MTN increase its stake from 24.7 per cent to 100 per cent and take the company private. The proposed transaction, which remains subject to shareholder and regulatory

MTN Moves TO ACQUIRE IHS TOWERS IN $ 2.2BN DEAL FULLY, Plans NYSE Delisting Read More »

Dangote Appoints Daughters to Key Executive Roles as Group Targets $100bn Valuation

News / Leave a Comment

Africa’s richest businessman, Aliko Dangote, has elevated his daughters to senior executive positions within the Dangote Group, signalling a structured succession plan and renewed push for global expansion. Under the new leadership arrangement, Halima Dangote will oversee the Group’s Family Office and international operations, with strategic oversight of activities in Dubai and London. Fatima Dangote

Dangote Appoints Daughters to Key Executive Roles as Group Targets $100bn Valuation Read More »

“If You Don’t Count Votes, You’ll Be Counted: Obi’s Words Stir 2027 Tension”

News / Leave a Comment

Former presidential candidate and chieftain of the African Democratic Congress (ADC), Peter Obi, has ignited public debate after warning that voters must remain vigilant in protecting their ballots during the 2027 general elections, declaring that The remark, delivered in the context of urging electoral transparency and civic responsibility, has been widely interpreted as a call

“If You Don’t Count Votes, You’ll Be Counted: Obi’s Words Stir 2027 Tension” Read More »

Rancour Disrupts Turkish Parliament Sitting

News / Leave a Comment

Proceedings in Türkiye’s Grand National Assembly were disrupted on Wednesday after a heated confrontation broke out among lawmakers during a parliamentary sitting. The incident, which was captured on video and circulated widely on social media, showed members of rival political parties shouting, pushing and engaging in physical scuffles on the floor of the chamber, forcing

Rancour Disrupts Turkish Parliament Sitting Read More »

Nigeria Secures Permanent Seat on Board of Proposed African Central Bank

News / Leave a Comment

Nigeria has secured a permanent position on the Board of the proposed African Central Bank (ACB) following key decisions taken at the African Union (AU) Executive Council, reinforcing the country’s influence over Africa’s evolving financial and monetary integration agenda. The development was confirmed by Minister of Foreign Affairs, Yusuf Tuggar, who said the decision reflects

Nigeria Secures Permanent Seat on Board of Proposed African Central Bank Read More »

Early Clarity, Big Stakes: INEC Announces Official Schedule for 2027 Polls

News / Leave a Comment

Abuja The Independent National Electoral Commission (INEC) has officially released a detailed timetable and key dates for Nigeria’s 2027 general elections, providing clarity to political parties, candidates, and voters as the nation prepares for its next democratic milestone. Speaking at a press briefing in Abuja on Friday, INEC Chairman Joash Amupitan dismissed earlier reports suggesting

Early Clarity, Big Stakes: INEC Announces Official Schedule for 2027 Polls Read More »

Why Nigerians May Experience Blackouts This Week

News / Leave a Comment

Abuja Nigerians have been advised to prepare for a temporary dip in electricity supply as scheduled maintenance on a major gas production facility is expected to reduce gas availability to several thermal power plants feeding the national grid. The Nigerian National Petroleum Company Limited (NNPC Limited) confirmed on Thursday that its joint venture partner, Seplat

Why Nigerians May Experience Blackouts This Week Read More »

Tinubu Commends BOI for Record ₦636bn Financing, Backs Role in Economic Recovery

News / Leave a Comment

President Bola Ahmed Tinubu has praised the Bank of Industry (BOI) for disbursing a record ₦636 billion in loans to Nigerian businesses in 2025, describing the performance as a major boost to economic recovery and industrial growth. In a statement by the Presidency, Tinubu said the milestone reflects the impact of ongoing economic reforms and

Tinubu Commends BOI for Record ₦636bn Financing, Backs Role in Economic Recovery Read More »

U.S. Lawmakers Accuse China of Backing Terrorism in Nigeria; Beijing Rejects Claims

News / Leave a Comment

The United States has accused the Chinese government of sponsoring terrorism and illegal mining activities in Nigeria, allegations that Beijing has strongly denied, calling them “completely baseless.” The accusation emerged after five U.S. lawmakers introduced a bill in the U.S. Congress alleging that Chinese entities are involved in illegal mining operations in Nigeria and are

U.S. Lawmakers Accuse China of Backing Terrorism in Nigeria; Beijing Rejects Claims Read More »