· Jun 13

Nigeria Set to Welcome Petrobras Delegation as Brazilian Oil Giant Plans Return Amid Sector Revamp

The Nigerian government is preparing to welcome a high-level delegation from Brazil’s state-owned oil company, Petrobras, signaling its intent to re-enter the Nigerian oil and gas sector after exiting over a decade ago. Nigeria’s Foreign Minister Yusuf Tuggar and Petroleum Resources Minister Ekperikpe Ekpo highlighted ongoing discussions focused on opportunities...
· Jun 13

Atiku Warns Nigeria Faces Creeping Dictatorship, Urges Democratic Renewal on June 12 Anniversary

Former Vice-President Atiku Abubakar marked the June 12 anniversary warning that Nigeria is on the brink of a “creeping one-party dictatorship” replacing democracy. He criticized the ruling party for silencing opposition, directing multi-billion naira contracts to cronies, and renaming national institutions after the sitting president. Atiku described the government as...
· Jun 4

Former EFCC Chair Bawa Reveals Massive Fuel Subsidy Fraud in New Book

Former EFCC Chairman Abdulrasheed Bawa reveals in his new book, “The Shadow of Loot & Losses,” how corrupt officials and private importers orchestrated a multi-trillion-naira fuel subsidy fraud in Nigeria. The fraud schemes included ghost importing, over-invoicing, manipulating shipping documents, double-claiming subsidies, and smuggling subsidized fuel to black markets. These...
· May 29

Wike Defends FCTA Property Seizures, Says He Will Not Be Deterred By Blackmail

FCT Minister Nyesom Wike defended the administration’s decision to repossess properties of ground rent defaulters, stating he would not be deterred by blackmail despite President Tinubu’s two-week grace period for payment. Wike criticized elite property owners for refusing to pay their dues, emphasizing that FCT relies on taxes for infrastructure...
· May 26

Tinubu Meets FIRS Chairman, Governor Zulum, Three Ministers, Others

President Bola Tinubu held a private meeting with Dr. Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service (FIRS), following the FCT Minister’s directive to seal a FIRS office in Abuja over alleged unpaid ground rent spanning 25 years. FIRS condemned the closure as unprofessional and criticized the Federal...
· May 26

Abia State Launches $1.3 Billion Medical City to End Nigeria’s Offshore Health Tourism – Arise News

Abia State has partnered with MKP International Holdings to develop Nigeria’s first quaternary healthcare complex, the Abia State Medical City, with a $1.3 billion investment. Located on 200 hectares near Owerrinta, the facility will provide advanced medical services including oncology, organ transplantation, and robotic surgeries, aiming to curb Nigeria’s $1.6...