Chinwe Igbokwe

Upstream Petroleum Workers Strike Threatens Oil Regulation

Upstream Petroleum Workers Strike Threatens Oil Regulation

An indefinite nationwide strike by upstream petroleum workers has brought Nigeria’s oil and gas regulatory architecture to a halt. Members of the Petroleum and Natural Gas Senior Staff Association of Nigeria locked the gates of the Nigerian Upstream Petroleum Regulatory Commission. The industrial action completely froze administrative and regulatory functions at the Abuja headquarters and…

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California Sues 23andMe Successor Over Data Breach

California Sues 23andMe Successor Over Data Breach

The California Attorney General has filed a major lawsuit against the successor company of 23andMe, alleging gross negligence during a massive 2023 data breach. The state’s top prosecutor claims the genetic testing firm failed to protect the sensitive biological and personal information of millions of customers. The cyberattack exposed the ancestry profiles, health data, and…

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Manufacturers Spend N1.34tn on Alternative Power

Rising Costs, Insecurity Threatens Nigerian Manufacturing – MAN

Nigerian factory floors are facing an existential crisis as a combination of multi-layered taxation, currency volatility, and insecurity cripples industrial operations. The Manufacturers Association of Nigeria issued a stark warning detailing the rapid erosion of corporate survival margins across the country’s major industrial hubs. Factory owners report that production volumes have dropped significantly over the…

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World Bank Mobilises $200bn for Developing Economies

Nigeria Retains Third-Largest Position on World Bank Borrower List

Nigeria maintained its position as the third-largest global borrower from the World Bank’s International Development Association despite a marginal reduction in its debt stock. The nation’s outstanding exposure to the concessional lending arm stood at $18.5 billion as of March 31, 2026. This figure marks a slight 1.7 percent drop from the $18.7 billion recorded…

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FG Begins Rehabilitation of 13 Police Colleges

Health Sector Investment Initiative Reaches 2.1m, Pregnant Women -FG

More than 2.1 million pregnant women now access antenatal care services across Nigeria under new federal healthcare reforms. The Nigeria Health Sector Renewal Investment Initiative aims to fix systemic gaps in governance, infrastructure, and workforce distribution. National coordinator for the Sector-Wide Approach (SWAp), Muntaqa Umar-Sadiq, announced the milestone during a progress briefing on Friday. The…

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Inflation Fears Force Wall Street Retreat

Inflation Fears Force Wall Street Retreat

Wall Street index values fell sharply as surging crude prices ignited renewed global inflation fears. The sudden retreat knocked US equities off their recent record highs, which had been driven heavily by optimism surrounding artificial intelligence. Investors abandoned riskier stocks after benchmark Treasury yields jumped, offering a safer alternative for capital. The downturn affected nearly…

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Skitmaker Nasboi Details Secret Battle With Depression

Skitmaker Nasboi Details Secret Battle With Depression

Nigerian comic and musician Lawal Michael Nasiru, known as Nasboi, has revealed a prolonged battle with depression that lasted throughout last year. The content creator disclosed that he used comedy as a survival mechanism while dealing with severe emotional exhaustion in private. His admission challenges the widely held public assumption that financial success and online…

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