Tinubu Appoints Odumegwu-Ojukwu Foreign Affairs Minister

President Bola Tinubu has appointed Mrs Bianca Odumegwu-Ojukwu as Minister of Foreign Affairs, following the resignation of Amb. Yusuf Tuggar. This is contained in a statement issued by Presidential Spokesperson, Mr Bayo Onanuga, on Wednesday in Abuja. Tuggar had resigned to participate in the 2027 general elections. Odumegwu-Ojukwu previously served …

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TotalEnergies posts 11% decline revenue in first quarter

TotalEnergies Marketing Nigeria Plc reported an 11 per cent revenue decline to N197.18 billion for the first quarter ended March 31, 2026. This compares with N221.62 billion recorded in the corresponding period of 2025. The figures are contained in the company’s unaudited financial statement released on the Nigerian Exchange Ltd. …

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NRC introduces train cleaning standard operating procedure

The management of the Nigerian Railway Corporation (NRC) has introduced a new Standard Operating Procedure (SOP) guiding janitorial services onboard train coaches and at railway stations nationwide. The Managing Director of NRC, Dr Kayode Opeifa, disclosed this in a statement on Wednesday in Lagos. The statement was signed by the …

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Tinubu Appoints Umar as new NMDPRA CEO

President Bola Tinubu has approved the removal of Mr Saidu Mohammed as the Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The President also approved the nomination of Mr Rabiu Umar as the new Chief Executive of the authority, subject to Senate confirmation. This is …

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Reps approve Tinubu’s $516.33m Loan for Sokoto-Badagry Superhighway

The House of Representatives on Tuesday approved President Bola Tinubu’s request to secure a $516.33m loan from Deutsche Bank to finance Section I of the ambitious Sokoto-Badagry Superhighway project, a key infrastructure initiative under the administration’s Renewed Hope Agenda. The approval followed the consideration of the President’s request by the …

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Mercedes Benz sues Osimhen for alleged N142m debt

German automaker Mercedes-Benz has reportedly filed a complaint with the Italian Carabinieri against Super Eagles striker Victor Osimhen for allegedly failing to complete payments for a leased vehicle. Osimhen is currently one of the most clinical strikers in world football. His career has seen him flourish in Belgium, France, Italy, …

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GTCO records N303bn profit in Q1 2026

Guaranty Trust Holding Company Plc has released its unaudited group financial results for Q1 ended March 31, 2026. According to the released results, the Group’s profit before tax grew by 0.88% YoY to N302.891 billion compared to the N300 billion in Q1 2025. However, profit after tax declined by 15.42% …

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