Author: Ogochukwu Ndubuisi

Super Eagles Set for Iran, Jordan Test in Amman Invitational Three-time African champions Nigeria will compete in a Four-Nation Invitational Tournament in Amman, Jordan, during next month’s FIFA men’s international window. The tournament, featuring Iran, Jordan and Costa Rica, is designed to provide high-level international exposure for participating teams. A statement from Ademola Olajire, Director of Communications at the Nigeria Football Federation (NFF) on Friday in Abuja, said the competition aligns with the federation’s technical development plans. “This tournament offers the Super Eagles quality opposition and valuable international experience,” he said. Olajire noted that facing teams from different confederations would…

Mr Abdul-Ganiyu Obasa, Chairman, Agege Local Government of Lagos State, has inaugurated a welfare programme providing free three-kilogram cooking gas refills to 4,000 residents.

BPP Records N1.1trn Savings, Seeks Increased Allocation in 2026 Budget The Bureau of Public Procurement (BPP) has presented its 2026 budget proposal to the National Assembly, highlighting achievements in procurement reforms and savings. The Director-General (D-G), BPP, Dr Adebowale Adedokun said this in a statement by Zira Nagga, Head of Press and Public Relations, BPP, in Abuja on Saturday. Adedokun said that the reforms saved the nation N1.1 trillion in 2025. He said that the savings were realised through initiatives such as the Debarment Policy, Nigeria First Policy and the E-Government Procurement (e-GP) System. He attributed the successes recorded by…

NNPC Ltd., Dangote Forge Strategic Alliance to Accelerate Nigeria’s Energy Security The Nigerian National Petroleum Company Limited (NNPC Ltd.) and the Dangote Group have forged a renewed strategic alliance designed to accelerate energy security, deepen domestic refining capacity and drive long-term economic prosperity. In a significant move aimed at reshaping Nigeria’s energy landscape, the two companies renewed the alliance on Saturday. This epochal deal was reached when Mr Bashir Ojulari, Group Chief Executive Officer, NNPC Ltd,. led the NNPC’s delegation to the Dangote Refinery and Petrochemical Complex in Ibeju-Lekki, Lagos State. The visit was for high-level discussions that culminated in…

Weak AI Governance Can Trigger Capital Flight, NGX Chairman Warns The Chairman of Nigerian Exchange Group, Dr Umaru Kwairanga, has warned that weak governance of Artificial Intelligence (AI) systems could trigger capital flight, distort markets and erode investor confidence in Nigeria. Kwairanga gave the warning on Friday while delivering the opening address at the InnovateAI Conference Lagos 2026. In a statement on Saturday, the NGX Chairman emphasised that the risks associated with poorly governed AI were no longer theoretical. He said: “Across the world, capital flows toward markets that demonstrate predictability, governance and trust. “If AI systems are opaque, discriminatory…

Council, Nigeria to Deepen Cooperation in Palm Oil Production The Council of Palm Oil Producing Countries (CPOPC) has expressed its commitment to deepen technical and policy cooperation with Nigeria in oil palm production, smallholder integration, and supply chain alignment. Izzana Salleh, Secretary-General of CPOPC said this in an interactive session with newsmen on Saturday in Abuja. Salleh identified the gesture as part of the objectives of the council’s mission in the country. Salleh who identified oil palm as indigenous to West Africa adding that Nigeria was once a global leader in its production. She emphasised that the opportunity before Nigeria…

The naira dropped at the official window, settling at N1346 per dollar as the rally slowed down after early momentum. For three consecutive trading sessions, the local currency has been pulling back due to increased demand for the US dollar in the currency market.

The Nigerian Exchange (NGX) closed the week on a positive note, as key market performance indicators rose by 0.99%. The market rally was driven primarily by continued buying interest amid positive trading momentum in medium and large-cap stocks across key market sectors.

Oando Plc has announced a plan to begin the second tranche of its share distribution to qualified shareholders, the energy company told the Nigerian Exchange.

Nigeria, Kenya to Revitalise Joint Commission for Cooperation Nigeria says it is committed to overhauling the Nigeria–Kenya Joint Commission for Cooperation (JCC) to strengthen the collaboration between the two countries for mutually beneficial development. The Ministry of Foreign Affairs quoted the Minister of State for Foreign Affairs, Amb. Bianca Odumegwu-Ojukwu, as saying this during the visit of the High Commissioner of Kenya to Nigeria, Isaac Parashina, to her office in Abuja. She described the visit as a “renewed demonstration” of both countries’ commitment to strengthening bilateral relations and advancing structured cooperation under existing diplomatic frameworks. Odumegwu-Ojukwu commended Kenya’s commitment to…