30 Chinese Vessels Reportedly Pass Through Strait of Hormuz Amid Ongoing Maritime Tensions About 30 Chinese ships reportedly transited the Strait of Hormuz on Wednesday, even as negotiations between the United States and Iran over full access to the strategic waterway remain unresolved. Iran’s semi-official Fars news agency reported that the movement began on…
Nigeria Receives $2.02bn from Shell in 2025, New Report Shows Shell plc disclosed that it remitted a total of $2.016 billion to the Nigerian government in 2025, covering production entitlements, royalties, taxes, and regulatory fees, according to its latest Payments to Governments Report. A breakdown of the figures showed that Nigeria received $1.237 billion…
The Nigeria Prize for Science & Inovation Hits New Peak as 2026 Edition Attracts 237 Entries The 2026 edition of The Nigeria Prize for Science and Innovation has recorded an historic milestone, attracting a record-breaking 237 entries, the highest number of submissions since the Prize was established n in 2004. The submissions were formally…
Vcare for Development Foundation, SEEPCO Partner with Akwa Ibom Government to Advance Malaria Elimination Efforts Limited access to malaria healthcare services, and low community health literacy contribute to Nigeria’s rising malaria burden, with over 24 million cases confirmed with malaria in 2025. This negates the wellbeing of many households, especially women, and children as…
Prominent Analyst Calls for Immediate Halt to Amukpe–Escravos Pipeline Sale Process A prominent public affairs analyst, Prof. Okey Ikechukwu, has called for the immediate suspension and possible termination of all processes related to the proposed sale of a 40 per cent stake in the Amukpe–Escravos Pipeline, warning that proceeding under the current terms would…
NEITI Seeks Urgent Reforms to Address Illicit Financial Flows in the Mining Sector The Nigeria Extractive Industries Transparency Initiative (NEITI), has highlighted weak regulatory capacity, fragmented institutional coordination, opaque ownership structures, informal artisanal mining, foreign buyers’ dominance and criminal infiltration of mining zones as key factors enabling Illicit Financial Flows (IFFs) in Nigeria solid…
Piracy Eliminated in Nigerian Waters Through Deep Blue Project — Tinubu President Bola Tinubu has said sustained investments under Nigeria’s Deep Blue Project have eliminated piracy incidents within the country’s territorial waters and significantly improved security across the Gulf of Guinea. According to the President, the maritime security initiative deployed a comprehensive network of intelligence,…
Dangote Rejects NNPC Bid for Bigger Refinery Stake, Eyes Public Ownership President of the Dangote Group, Aliko Dangote, has revealed that the company turned down attempts by the Nigerian National Petroleum Company Limited to increase its stake in the Dangote Petroleum Refinery beyond the current 7.25 per cent ownership. Dangote disclosed this during an…
NCDMB to Host 2026 Midstream, Downstream Stakeholders Summit The Nigerian Content Development and Monitoring Board (NCDMB) is set to host the 2026 Oil & Gas Midstream & Downstream Stakeholders Summit. The event is scheduled to hold from May 19–20, 2026, at Four Points by Sheraton Lagos, Victoria Island, Lagos. The summit is designed to bring together key decision-makers, government officials, regulators,…
The Alternative Bank Addresses Nigeria’s Medicine Security Crisis with Financing for Local Pharma Africa bears roughly a quarter of the global disease burden yet imports nearly 97 percent of its pharmaceutical commodities, a vulnerability starkly exposed during the COVID-19 pandemic. This severe import dependence leaves Nigeria’s medicine security inherently weak. To address this, The Alternative…