August 2026

NMDPRA proposes new rules to outlaw fuel price-fixing, artificial scarcity

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled sweeping draft regulations aimed at banning fuel price-fixing, artificial scarcity and other anti-competitive practices in Nigeria’s midstream and downstream petroleum industry. The proposed Midstream and Downstream Petroleum Prevention of Anti-Competitive Practices and Behaviour Regulations, 2026 would prohibit petroleum companies from coordinating fuel prices, restricting […]

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August 7, 2026
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World

UK appoints Vicky Seymour as Deputy High Commissioner to Nigeria

The United Kingdom Government has appointed Vicky Seymour as its new Deputy High Commissioner to Nigeria, succeeding Gill Lever OBE, who completed her diplomatic posting in June 2026. In a statement issued on Thursday, the UK Government said Seymour has assumed office in Abuja, where she will support efforts to deepen the UK’s partnership with […]

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August 7, 2026
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Economy

Why some Nigerians have yet to feel impact of reforms — Oyedele

Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has explained why many Nigerians are yet to feel the full benefits of the economic reforms introduced by President Bola Tinubu’s administration, saying the country is still recovering from the economic reset triggered by the removal of fuel and foreign exchange subsidies. […]

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August 7, 2026
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Breaking News

Shettima begins two-week leave, reaffirms commitment to national service

Vice President Kashim Shettima has commenced a two-week leave following the approval of President Bola Tinubu. Announcing the development in a statement on Thursday, the Vice President’s Senior Special Assistant on Media and Communications, Stanley Nkwocha, said the leave is Shettima’s first since assuming office on May 29, 2023. According to the statement, the Vice […]

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August 7, 2026
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Politics

UPDATED: Tinubu orders EFCC to unfreeze Osun government account

President Bola Tinubu has directed the Economic and Financial Crimes Commission (EFCC) to immediately seek the discharge of a court order freezing an account belonging to the Osun State Government. In a statement personally signed on Thursday, the President said although he respects the independence of anti-corruption agencies, he was compelled to intervene because of […]

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August 7, 2026
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Education

Universities to benefit from $500m solar power investment

Nigerian universities struggling with chronic electricity shortages are set to benefit from a proposed $500 million solar power investment aimed at reducing energy costs and expanding access to reliable electricity. The investment was announced on Thursday at the launch of the Tinubu Light Initiative, organised by the National Board for Technology Incubation, an agency under […]

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August 7, 2026
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Breaking News

ICPC uncovers two more fake agencies in PFIPC investigation

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has uncovered two additional fake government agencies allegedly linked to Adeniyi Matthew Adeyemi, the self-styled Director-General of the Presidential Foreign Intervention Promotion Council (PFIPC), as its investigation into the suspected fraud expands. ICPC Chairman, Dr. Musa Adamu Aliyu, disclosed this on Thursday while briefing State […]

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August 7, 2026
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Breaking News

Nigeria, Canada Sign Expanded Air Pact to Enable Direct Flights

Nigeria and Canada have signed an expanded air transport agreement that paves the way for direct scheduled flights between both countries for the first time, marking a significant step toward strengthening trade, tourism, investment, and educational exchanges. The landmark agreement was signed in Abuja by representatives of the Federal Government of Nigeria and the Government […]

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August 7, 2026
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Breaking News

BREAKING: Tinubu Orders EFCC to Lift Freeze on Osun Government Accounts

President Bola Tinubu has directed the Economic and Financial Crimes Commission (EFCC) to immediately return to court and vacate the order freezing the bank accounts of the Osun State Government. According to the President, the decision is aimed at preserving public confidence in the democratic process, especially as the state prepares for its governorship election […]

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August 6, 2026
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Breaking News

Ex-Finance Minister Kemi Adeosun’s Husband Dies at 62

Anthony Adeniyi (Niyi) Adeosun, the husband of former Minister of Finance Kemi Adeosun, has passed away at the age of 62. According to a statement released by the Adeosun family, he died on Wednesday, August 5, 2026, in Lagos State. The announcement, titled “Announcement of the Passing of Mr Anthony Adeniyi (Niyi) Adeosun,” was signed […]

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August 6, 2026
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Month: August 2026

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