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FEC Approves ₦47.9tn 2025 Budget

THE Federal Executive Council, FEC, has approved a proposed national budget of ₦47.9 trillion for the 2025 fiscal year. Minister of Budget and Economic Planning, Atiku Bagudu, disclosed this on Thursday while briefing State House correspondents after the FEC meeting presided over by President Bola Tinubu. This was part of …

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NNPC, Dangote Refinery signs 10-year Gas Purchase deal

THE NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company Ltd. (NNPC Ltd.), has executed a Gas Sale and Purchase Agreement (GSPA) with Dangote Petroleum Refinery and Petrochemicals FZE. Under the agreement, the NNPC Gas Marketing Limited will supply 100 Cubic Feet Per Day (MMSCF/D) gas …

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NNPC’s Board of Directors Announces Leadership Appointments

THE Board of Directors of NNPC Limited is pleased to announce a series of strategic leadership appointments. These changes reflect our continued dedication to enhancing corporate governance, improving operational efficiency, and ensuring long-term success in Nigeria’s energy sector. The following key appointments have been made: 1. Mr. Adedapo A. Segun …

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Why South African FA President Danny Jordaan Was Arrested

THE President of the South African Football Association (SAFA), Danny Jordaan, was arrested on Wednesday amid serious allegations that he misappropriated funds belonging to the organization for personal use, as reported by local news outlets. Danny Jordaan, who played a crucial role in securing South Africa’s hosting of the historic 2010 …

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10 Teams That Already Qualified For Morocco 2025 AFCON

The reigning African champions, Ivory Coast and Equatorial Guinea have successfully clinched their berths for the 2025 Africa Cup of Nations (AFCON), which is set to take place in Morocco. Remarkably, both teams achieved this without the need to step onto the pitch in November 2024, as the penultimate round of …

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EFCC to Probe Insurance Commission Over Fraud

THE Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has pledged that the Commission will intensify its focus on monitoring activities within Nigeria’s insurance industry. According to him, the fraud in the sector was affecting the economic development of the country. Olukoyede vowed to probe the allegations of …

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CIA Confirms Nigeria’s President Tinubu as Active Asset

THE Central Intelligence Agency has reportedly confirmed that Nigeria’s sitting president, Bola Tinubu, is regarded as an active asset by U.S. intelligence, sparking a major international espionage scandal. The disclosure surfaced in a joint filing by the CIA, FBI, and DEA opposing the release of unredacted information about Tinubu’s background. …

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BREAKING: EFCC Seizes Okowa’s Passport, Grants Him Bail

  THE Economic and Financial Crimes Commission has seized the international passport of the former governor of Delta State, Ifeanyi Okowa. Okowa was arrested by the anti-graft agency on November 4, 2024, for an alleged diversion of N1.3tn derivation fund. The N1.3trn amounted to a 13 percent derivation fund from …

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