Author: News Room

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, has revealed that the company’s multi-layered strategy over the next two to three years will prioritise fuel availability and refinery partnerships as part of its broader reform agenda, amid long-standing structural challenges in Nigeria’s energy sector. Mr Ojulari disclosed the company’s focus under his leadership during a fireside chat at the Nigeria International Energy Summit (NIES) on Wednesday, noting that NNPC’s downstream and gas strategy will emphasise operational action rather than policy intent alone. “What does action look like from an operational, strategic plan?…

Over the past few weeks, I have been reflecting on Nigeria’s projected economic growth of over 3 per cent in 2025. I must assume I am not alone in this reflection. The projection has attracted increasing scrutiny, particularly because it has not translated into measurable improvements in living standards for most citizens. Despite reported economic growth, poverty in Nigeria has worsened consistently over the past four years. World Bank estimates suggest that the share of Nigerians living below the poverty line rose from about 56 per cent in 2024 to nearly 62 per cent in 2025, the highest level in…

The Director General of the Nigeria–China Strategic Partnership, NCSP, Dr Joseph Tegbe has said that the China’s economic transformation was not accidental but the outcome of deliberate policy choices anchored on focus, standardization and consistent execution. He stressed the need for Nigeria to imbibe discipline, scale and long-term thinking as critical pillars for sustainable enterprise development in Nigeria, drawing from China’s national development experience as a practical blueprint for economic growth. Tegbe made the remark during his presentation titled “Hacking Your Personal Economic Growth: Lessons from China’s National Development Journey,” delivered at a 3-day capacity-building seminar with the theme “Leveraging…

As preparations intensify for the 2027 general election, the Independent National Electoral Commission, INEC, has widened Nigeria’s political space with the approval of two additional parties, the Democratic Leadership Alliance, DLA, and the Nigeria Democratic Congress, NDC. However, the Commission expressed concern over the continued registration and retention of political parties plagued by recurring leadership conflicts, warning that persistent internal crises pose a danger to constitutional order. Addressing stakeholders on Thursday during INEC’s first regular consultative meeting with political parties, the Commission’s Chairman, Prof. Joash Amupitan, SAN, formally announced the recognition of the two parties, increasing the total number of…

Operatives of the Ogun State Police Command have apprehended one Gafaru Rasaki for the unlawful possession of four human heads in the Sagamu area of the state. The arrest was contained in a statement signed by the command’s Public Relations Officer, Oluseyi Babaseyi on Thursday. Babaseyi disclosed that officers of the Shakura division nabbed the suspect on the 21st of January, 2026. According to him, the suspect on interrogation confessed to having exhumed the human remains from a cemetery. The statement reads, “On the 21st of January, 2026, operatives of the Shakura Division arrested one Gafaru Rasaki in possession of four human…

Samuel Chukwueze is in the running for Fulham’s Goal of the Month award for January, DAILY POST reports. Chukwueze’s superb strike in the Whites’ hard-earned 2-1 win over Brighton was nominated alongside 11 others. The 26-year-old received a pass from Joachim Andersen 18 minutes from time before firing home for Fulham’s equaliser. The goal was the winger’s fifth of the season for the Whites. Chukwueze has also registered two assists for Marco Silva’s side. The winner will be decided through fans vote.

Popular United States-based streamer Kai Cenat has continued his show of support for the Makoko community in Lagos, as he paid a visit to the Makoko Children School Orphanage Home during his ongoing stay in Nigeria. The 24-year-old content creator, whose visit to Lagos has attracted widespread attention online, spent time with the children through dancing, painting and games, describing the experience as “pleasing.” During the visit, Cenat distributed school bags, uniforms and other essential educational materials to pupils of the orphanage. Speaking on his experience in Lagos, Cenat expressed a strong sense of comfort and belonging in the city,…

A viral video has captured the moment a suspected phone snatcher narrowly escaped serious injury after a failed theft attempt in slow-moving traffic. The footage, which began trending on Thursday, shows the suspect, reportedly riding a motorcycle, stretching into a vehicle through an open window in an apparent attempt to snatch a mobile phone. The attempt, however, backfired when the vehicle’s occupant reacted swiftly, holding on to the suspect and preventing him from making a clean escape as the car continued moving. In the video, the alleged thief is seen struggling desperately to free himself while dangling dangerously close to…

The Peoples Democratic Party has condemned the recent massacre in Woro Community, Kwara State, where many people were killed by terrorists, blaming the President Bola Tinubu-led government for allegedly ignoring prior warnings. PDP, in a Thursday statement by its National Publicity Secretary, Ini Ememobong, called for an independent investigation, immediate humanitarian assistance, a national security summit, and urgent reforms to prevent further loss of lives. On Wednesday, Kwara State Governor AbdulRahman AbdulRazaq confirmed that terrorists had killed 75 people in the state. Speaking to residents at the palace of the Emir of Kaiama that evening, the governor explained that the…

The National Insurance Commission has flagged weak financial disclosures, solvency gaps and deficiencies in recapitalisation planning by some insurance companies, warning that the ongoing recapitalisation exercise leaves little room for repeated errors or delays in regulatory approvals. The concerns were raised at a one-day stakeholders’ session jointly organised by the Nigerian Insurers Association and NAICOM for the insurance industry at the NEM Insurance auditorium in Lagos. The PUNCH reports that the session brought together finance, audit and compliance officers of insurance firms, external auditors, actuaries and industry consultants. In his welcome address, the Chairman of the Accounting Technical Committee of…