By Daniel Oluwatobiloba Popoola The Federal Government has intensified efforts to restore financial stability to Nigeria’s electricity sector with the rollout of the Series II Bond Issuance under the Presidential Power Sector Financial Reforms Programme (PPSFRP), assuring investors that the Tinubu administration is honouring its financial commitments and laying a credible foundation for sustained private investment in the power industry. Speaking on Monday, 21July, 2026, at the Investor Forum for the PPSFRP Series II Bond Issuance, Special Adviser to the President on Energy, Olu Arowolo Verheijen, said the initiative forms a critical pillar of President Bola Ahmed Tinubu’s Renewed Hope…
Author: Abimbola Ogunaike
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By Akeem Busari Debates and criticisms over the proposed N2 million minimum wage for players in the Nigeria Premier Football League has not abated, as more stakeholders in the Nigerian football fraternity, including Chief Ebi Egbe, Chief Executive Officer of Monimitchelle Sports Facility Construction Company, have continued to throw their hats into the ring. Speaking on the vexed matter, Egbe, described it as a classic case of putting the cart before the horse. Renowned as one of Nigeria and Africa’s best sports facility experts, Egbe remarked, “you cannot legislate professionalism, while ignoring the foundation of professional football. “How can clubs…
By Akeem Busari Nigerians are still reeling in pains and asking what if, in the aftermath of the just concluded FIFA World Cup. Even the stakeholders haven’t stop lamenting. And yet, the game must go on. The focus in Africa now is on the forthcoming WAFCON and other age-grade competitions. For many genuinely concerned stakeholders, the enthusiasm and support for Nigerian football must not be dampened. Speaking in an exclusive interview with Sports Chronicle Magazine, veteran sports broadcaster, Owelle Felix Awogu, was quick to rally football lovers, investors and stakeholders to to look at the brighter side of the game,…
Ahead of the 2027 general elections, the National Chairman of the New Nigeria People’s Party (NNPP), Dr Major Agbo on Tuesday, 21 July, 2026 announced that the party had uploaded a placeholder presidential candidate on the Independent National Electoral Commission portal ahead of the 2027 general elections, saying the move was in line with electoral guidelines. Agbo also disclosed that its original logo had been restored on the INEC portal, describing the development as a victory in its leadership tussle and a confirmation of the legitimacy of the National Working Committee led by him. The NNPP has been embroiled in a…
The Federal High Court in Abuja presided over by Justice Joyce Abdulmalik on Tuesday, 21 July, 2026 ordered the Economic and Financial Crimes Commission(EFCC) to produce Abuja-based estate agent Rebecca Omokamo in court on Thursday, 23 July, 2026, for the continuation of her trial over alleged land fraud, forgery and money laundering. Justice Abdulmalik issued the order after Omokamo failed to appear for the resumed hearing of the criminal case. Her counsel, Christopher Oshomeghie (SAN), told the court that his client had remained indoors for the past 23 days because armed EFCC operatives had allegedly laid siege to her Guzape…
In what is seen as welcome development in Nigeria’s insurance industry, the Senate on Tuesday, 21 July, 2026, passed the Insurance Regulatory Commission Bill, 2025, seeking to repeal the National Insurance Commission Act, 1997, and establish a new legal framework for regulating the industry. The proposed legislation, which scaled third reading after lawmakers considered and adopted the report of the Senate Committee on Banking, Insurance and Other Financial Institutions, is aimed at modernising insurance regulation, strengthening oversight and aligning the sector with global best practices. If signed into law by President Bola Tinubu, the bill will replace the nearly three-decade-old…
A former Assistant Director of the Department of State Services, Dennis Amachree, has stated that late military Head of State, Gen. Sani Abacha, believed he was invincible. Amachree, who made the assertion in his new memoir, DSS @40: My Journey Behind the Shield, excerpts of which were published by The Nation on Tuesday, 21 July, 2026, said that Abacha, despite the extensive security around him, could not escape death, warning that the former ruler’s death underscores the transient nature of power. “Abacha, a military dictator who surrounded himself with a seemingly impenetrable security detail, thought he was invincible. Yet, in…
President Bola Tinubu on Tuesday, 21 July, 2026 approved the commencement of the 2026 oil and gas licensing round, with an aim to increase investment attraction and offer fresh opportunities to investors who may not emerge successful in the ongoing 2025 exercise. The licensing round paves the way for the country’s third consecutive competitive bid round in recent years. The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyiwa Eyesan, and the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, confirmed the development in their separate addresses at the ongoing 2025 Commercial Bid Conference on Tuesday, 21…
By Daniel Oluwatobiloba Popoola The Lagos State Government has called on scientists to develop evidence-based solutions that will tackle climate change, strengthen the resilience of coastal cities and support sustainable environmental management. The call was made on Tuesday, 21 July, 2026 by the state Commissioner for the Environment and Water Resources, Tokunbo Wahab, while delivering the keynote address at the opening of the 58th Annual Conference of the Science Association of Nigeria in Ikeja. He said the conference came at a critical time as countries continue to grapple with the devastating effects of climate change, including record-breaking heatwaves in Europe…
By Daniel Oluwatobiloba Popoola The United States has invested $1.2 million over the past five years to support the preservation of Nigeria’s cultural heritage across 21 states, describing the initiative as a strategic partnership that advances the interests of both countries while safeguarding Nigeria’s rich historical legacy. The disclosure was made on Tuesday, 21 July, 2026 by the Charge d’Affaires of the United States Embassy in Nigeria, Keith Heffern, during the unveiling of a cultural heritage preservation project executed by the Wheyham Foundation in Abuja. The project, supported through the U.S. Ambassadors Fund for Cultural Preservation, focuses on preserving the…