Tijesuni Promise

Why Inter-Agency Oil Audit Battles Never Produce Refunds

NNPC April Revenue Surges to N4.97 Trillion

Nigeria’s state-owned energy company has recorded a sharp rise in its financial fortunes. The Nigerian National Petroleum Company Limited generated N4.971 trillion in revenue for April 2026, marking a 79.23 per cent surge from the previous month. This significant rebound follows a relatively sluggish March performance, where revenue sat at N2.774 trillion. The latest monthly…

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Agric Growth Nearly Doubles in Q2 Amid Insecurity -NBS

Nigeria Misses Q3-2025 Oil Target by N7.88tn – NBS

The Federal Government of Nigeria missed its third-quarter 2025 oil revenue target by a staggering N7.88 trillion, highlighting the state’s chronic fiscal vulnerabilities. Data from the National Bureau of Statistics and the Budget Office reveal that gross oil receipts reached only N3.22 trillion against a quarterly projection of N11.10 trillion. While the figure represents a…

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Anthropic Targets $200bn Revenue Ahead of IPO

Anthropic Valuation Surges to $965bn Overtaking OpenAI

Artificial intelligence firm Anthropic has secured $65 billion in private capital, pushing its post-money valuation to an unprecedented $965 billion. The massive Series H funding round vaults the maker of the Claude chatbot ahead of its chief rival, OpenAI, which investors last valued at $852 billion. Elite venture capital firms Altimeter Capital, Dragoneer Investment Group,…

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Capital Spending Swallows Fraction of Nigeria’s New Debt

Capital Spending Swallows Fraction of Nigeria’s New Debt

The federal government deployed barely a quarter of its massive N11.89trn new borrowing to build infrastructure, exposing a deep rift between state debt expansion and visible development. Fresh figures from the Budget Office of the Federation reveal that capital projects received just N3.10trn during the first nine months of last year. Meanwhile, the state comfortably…

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American Strikes Hit Iranian Targets Amid Ceasefire Talks

US Strikes Hit Iranian Targets Amid Ceasefire Talks

The United States military launched targeted airstrikes against Iranian missile sites and mine-laying vessels in southern Iran. American combat aircraft hit multiple installations near the strategically vital port city of Bandar Abbas. United States Central Command described the operation as a defensive action to protect regional forces from immediate threats. Military planners confirmed the destruction…

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Nigeria and Türkiye Sign Bilateral Mining Pact

Nigeria and Türkiye Sign Bilateral Mining Pact

Nigeria and Türkiye have signed a memorandum of understanding to deepen bilateral cooperation in the solid minerals sector. Minister of Solid Minerals Development Dele Alake and Turkish Minister of Energy and Natural Resources Alparslan Bayraktar finalised the agreement in Istanbul. The pact updates an inactive framework first established between the two nations in 2021. Both…

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Security Forces Rescue Twelve Kidnapped Passengers In Ondo

Security Forces Rescue Twelve Kidnapped Passengers In Ondo

A combined security team rescued twelve abducted passengers on Saturday after armed men intercepted two commercial buses in Ondo State. The victims were travelling from Benue State to Ibadan when gunmen struck at approximately 01:30 am. The attack occurred at Isua Akoko, the administrative headquarters of Akoko South-East Local Government Area. State police command spokesperson…

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UK Student Visa Rejections Hit Decade High

UK Student Visa Rejections Hit Decade High

The United Kingdom has tightened its borders to international students, driving visa rejections to their highest level in a decade, just as global application numbers collapse. Newly released Home Office data shows that the government granted only 35,625 sponsored study visas between January and March. This first-quarter total is the lowest since the pandemic disruption…

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Nigeria Targets N1.6tn Revenue Boost via Telecom Policy Overhaul

Nigeria Targets N1.6tn Revenue Boost via Telecom Policy Overhaul

The Federal Government expects a thorough revision of the National Telecommunications Policy to bring in N1.6 trillion in tax revenue and create two million new jobs by 2028. The Nigerian Communications Commission unveiled the targets during an industry stakeholder workshop in Lagos. Executive Vice Chairman of the commission, Dr Aminu Maida, noted that deeper sectoral…

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