Author: Citynews

The Senate Committee on Public Accounts has summoned former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, along with members of his former management team, over alleged financial discrepancies totalling about N210 trillion Chairman of the committee, Senator Ahmed Wadada, disclosed this during a press briefing in Abuja on Thursday, explaining that the action followed what lawmakers described as unsatisfactory explanations provided by the oil company regarding its audited financial records from 2017 to 2023. Nigerian Business Directory Senate summons Mele Kyari, others over missing N210 trillion Wadada said the committee had been reviewing…

President Trump has said there will be “no deal” with Iran except “unconditional surrender”, in a post on social media. Israel’s military says it has launched a new wave of strikes in Iran and destroyed a military command bunker in Tehran with 50 fighter jets. Tehran residents tell BBC Persian “last night was the worst night” so far. Details later…

Tension rose in parts of Rivers State on Friday after armed men allegedly attempted to stop former Minister of Transportation, Chibuike Rotimi Amaechi, from entering his hometown of Ubima in Ikwerre Local Government Area. The incident happened on March 6, 2026, when Amaechi’s convoy approached the community. Reports from the area indicate that suspected political thugs blocked a major road leading into the town. The gunmen were said to have opened fire while trying to halt the former governor’s movement. Security personnel attached to Amaechi quickly intervened. They reportedly engaged the attackers and cleared the route. After the brief confrontation,…

President Bola Tinubu on Friday, approved the official postings of 65 ambassadors-designate. The list is made up of 31 career diplomats and 34 non-career ambassadors. Their nominations had been confirmed by the Senate in December 2025. According to a statement issued on Friday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the postings assign the envoys to various countries and international missions. Among the non-career ambassadors, former presidential aide Reno Omokri was posted to Mexico, while former Minister of Aviation Femi Fani-Kayode was assigned to Germany. Former Minister of Health Prof. Isaac Adewole will serve…

MELBOURNE, Australia — Formula 1’s April faces in Bahrain and Saudi Arabia are at serious risk of cancellation due to the U.S.-Israel attacks on Iran. F1 is due to go to the Middle East for the fourth and fifth round of the new season, with events in Bahrain on April 12 and then Saudi Arabia a week later on April 19. Both countries are among the Gulf states who have been targeted in retaliatory strikes by Iran. F1 boss Stefano Domenicali is due to meet with the teams on Saturday and the status of both races is expected to be…

An investigative panel set up by the Federal Government has confirmed that the immediate past Minister of Innovation, Science and Technology, Uche Nnaji, forged his degree certificate from the University of Nigeria, Nsukka. The seven-member panel, constituted by the Minister of Education, Tunji Alausa, found that the former minister did not graduate from the institution despite presenting a certificate purportedly issued in 1985. The panel was established on November 23, 2025, following a petition submitted by Nnaji to the education minister. In the petition dated October 14, 2025, the former minister accused officials of the university of unethical disclosure, document tampering, and…

President Bola Tinubu has finally settled the protracted dispute over Oil Prospecting License 245 in the Niger Delta after 15 years. In a statement on Thursday, the Nigerian government announced that Italian energy giant Eni and its subsidiary Nigerian Agip Exploration Limited, NAEL, signed a settlement agreement in Abuja. The agreement was reached after a meeting between Eni’s Chief Executive Officer, Claudio Descalzi; Managing Director of NAEL, Fabrizio Bolondi; and Tinubu’s Special Adviser on Energy, Olu Arowolo-Verheijen. Commenting, Tinubu said, “This resolution sends a clear signal to global investors that Nigeria is prepared to address legacy issues transparently, uphold the…

A chieftain of the African Democratic Congress, ADC, Dele Momodu, says the ruling All Progressives Congress, APC, is making every effort to make President Bola Tinubu the only person on the ballot in the 2027 general elections. Momodu made this allegation on Thursday in an interview on Arise Television, monitored by CN The former presidential aspirant said that the APC having 31 governors in their party means nothing to the opposition, stressing that if the election is held today, the APC will be defeated. The publisher of Ovation Magazine also took a swipe at the conduct of the FCT Area…

Nigeria’s First Lady, Oluremi Tinubu, has urged Nigerians to abandon what she described as an “entitlement mentality,” stressing the need for citizens to embrace responsibility, integrity and service in their various roles. This was made known in a statement on Thursday signed by her Senior Special Assistant on Media, Busola Kukoyi. The statement said Oluremi Tinubu made the call while hosting an interfaith Breaking of Fast (Iftar/Lent) for women, drawn from different sectors across the country. Speaking during the gathering, the First Lady said the coincidence of the Muslim Ramadan fast and the Christian Lenten season carries an important message…

For many Nigerians, home ownership has always felt like a long dream parked somewhere between someday and maybe. However, the MREIF Mortgage Loan by FirstBank of Nigeria is quietly changing that narrative. Here are five things you should know: Designed for Real People. This is not a luxury only scheme. It is structured to help middle income earners move from rent payments to ownership with a manageable repayments plan. 2.Single-Digit Interest Is Real (Yes, Really) At 9.75% per annum, this isn’t your typical Nigerian mortgage with rates that make your eyes water. In a market where double-digit interest is the…