Nigeria

2023 elections: Court dismisses INEC motion seeking to set aside judgment on electoral offenders

Instruct Fagbemi to ‘withdraw political attack on ECOWAS Court’, SERAP tells Tinubu

Instruct Fagbemi to ‘withdraw political attack on ECOWAS Court’, SERAP tells Tinubu   Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu “to publicly instruct Mr Lateef Fagbemi, SAN, Attorney General of the Federation and Minister of Justice to immediately withdraw his statement purportedly advising the Court of Justice of the Economic Community […]

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NIGERIA: NARTO strike ends as FG accepts to pay bridging claims

NIGERIA: NARTO strike ends as FG accepts to pay bridging claims

NIGERIA: NARTO strike ends as FG accepts to pay bridging claims   By Eyo Nsima The Nigerian Association of Road Transport Owners, NARTO, has called off  its strike in Nigeria following the acceptance of the Federal Government to pay outstanding bridging claims for the transportation of petrol across the country. The Minister of State Petroleum Resources

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Women in Energy to lead conversations on breaking barriers at NIES 2024

The Nigeria International Energy Summit (NIES) is proud to announce the integration of the Women in Energy Roundtable as a central pillar of its highly anticipated 7th edition, set to unfold from February 26th to March 1st, 2024. The session, scheduled for February 27th, 2024 by 2.30pm at the International Conference Centre (ICC), Abuja, is

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SERAP sues 36 governors over failure to account for N72bn subsidy palliative

SERAP gives NNPCL 7 days to account for ‘missing $2.04bn, N164bn oil revenues’

Socio-Economic Rights and Accountability Project (SERAP) has urged Mr Mele Kolo Kyari, Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited to “promptly account for and explain the whereabouts of the alleged missing USD$2.04 billion and N164 billion oil revenues.” SERAP said the allegations are documented in the latest annual report recently

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NUPRC not leaving Abuja as erroneously speculated

NUPRC not leaving Abuja as erroneously speculated

NUPRC not leaving Abuja as erroneously speculated   By Ibrahim Musa With clear mandates – ensuring compliance with petroleum laws, regulations and guidelines, monitoring of operations at drilling sites, producing wells, production platforms and flowstations, crude oil export terminals, and all pipelines carrying crude oil, and natural gas, supervising operations being carried out under licenses

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We don't have plans to redenominate Naira --- CBN

CBN Implements Regulations on Foreign Currency Cash Pooling for International Oil Companies in Nigeria

By Godswill Odiong The Central Bank of Nigeria (CBN) has introduced new directives aimed at regulating the practice of foreign currency cash pooling by International Oil Companies (IOCs) operating within the country. Concerns over the impact of repatriated export proceeds on domestic foreign exchange liquidity prompted the CBN to enforce measures ensuring easier access for

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Nigeria Hosts Conference to Strengthen AML/CFT Compliance for Non-profit Organizations

Key stakeholders from Nigeria’s banking sector, civil society, academia, and regulatory bodies convened today at a conference focused on enhancing Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures for non-profit entities. Hosted by Spaces for Change | S4C and supported by the Fund for Global Human Rights, the event emphasized collaboration between financial

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SERAP wants court to stop Akpabio, others from collecting salaries, pensions as senators

SERAP sues Akpabio, Abbas over ‘failure to clarify details of N344.85bn NASS budget’

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Senate President, Mr Godswill Akpabio and Speaker of House of Representatives, Mr Tajudeen Abbas over “the failure to disclose, clarify and explain the details of N344.85 billion National Assembly budget, and the rationale for several budget items, such as the N6 billion budgeted

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JUST IN: Top Nigerian Banker, Others Killed in Helicopter Crash in California

A helicopter carrying six people, including the co-founder of Nigeria’s biggest bank by assets, crashed in a Southern California desert near the Mojave National Preserve, authorities said. Herbert Wigwe, 57, co-founder of Access Bank, was among the victims, family members from his home village of Isiokpo said. According to Bloomberg, Abimbola Ogunbanjo, 61, who was

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RE: PRE-DISCONNECTION NOTICE: Glo, MTN Resolve Interconnect Debt Dispute

RE: PRE-DISCONNECTION NOTICE: Glo, MTN Resolve Interconnect Debt Dispute

RE: PRE-DISCONNECTION NOTICE: Glo, MTN Resolve Interconnect Debt Dispute   The Nigerian Communications Commission (NCC) is pleased to announce that the interconnect debt dispute between MTN Nigeria Communications Plc. (MTN) and Globacom Limited (Globacom) has been amicably resolved.   In accordance with this resolution, the disconnection approval granted to MTN for the disconnection of Globacom

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