NIGERIA’s creative economy cannot achieve its full potential on talent alone and requires stronger structures, access to finance, skills development and better protection of intellectual property, stakeholders at the second QEDNG Creative Powerhouse Summit have said. The summit, organised by Mighty Media Plus Network Limited, publishers of QEDNG, was held on Tuesday at the Radisson Blu Hotel, Ikeja GRA, Lagos, with the theme “Creativity, Culture and Nigeria’s Next Chapter”. The event brought together filmmakers, music executives, content creators, journalists, business leaders, government officials and other stakeholders to examine the structures, financing, skills, intellectual property and platforms required to build a…
Author: National Record
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THE CHAIRMAN, Guma LGA of Benue, Mr Maurice Orwough, has donated 51 motorcycles to kindred heads to enhance grassroots security and administration. Orwough told newsmen on Wednesday in Guma during the presentation that the gesture was aimed at improving the traditional leaders to respond swiftly to security challenges in their communities. He said that the kindred heads were directly connected to the grassroots and often served as the first point of contact during emergencies. “I decided to ease their movement by giving them these vehicles. “I have done this so that whenever we call on them or there is a…
BY IDUH ONAH AS WE gradually inch our way towards the 2027 general elections, one question deserves more than our many political paradoxes: if socio-economic conditions really determine electoral outcomes, what does that say about Nigeria’s political history; and what might it mean for 2027? In many functional democracies, the logic appears fairly simple. When living standards improve, governments are rewarded; when life becomes intolerable, voters reach for the political eject button. But Nigeria, as usual, has a way of making simple theories work overtime. In advanced democracies, material conditions automatically influence voting behaviour. When economic circumstances deteriorate, voters are…
THE FEDERAL Government has identified six states and the Federal Capital Territory (FCT) for the pilot implementation of its National Ranching Policy. Minister of Livestock Development, Alhaji Idi Maiha, disclosed this after briefing President Bola Tinubu on the ministry’s activities at the Presidential Villa, Abuja, on Tuesday. Maiha said the pilot programme would commence at the Wase Grazing Reserve in Plateau as a proof of concept for the new ranching model. He identified the states as Benue, Plateau, Nasarawa, Kaduna and Adamawa, alongside the FCT. According to him, the areas were selected because they have recorded some of the highest…
UNITED States President, Donald Trump, on Monday responded to Iran’s conditions for a peace deal with his own demands that Iran pay compensation for people killed in wars, attacks and protests, in a rhetorical escalation likely to complicate efforts to reopen the Strait of Hormuz. Trump’s proposal, which had not been raised before, was a response to Tehran’s demands for compensation and an end to sanctions. The Iranian demands were largely in line with the terms of a preliminary peace deal signed in June, which has since broken down. Since the war began in February, Trump has repeatedly oscillated between…
A UNITED States (US) appeals court on Monday allowed thousands of lawsuits to move forward against Meta Platforms (META.O), opens new tab, Alphabet’s (GOOGL.O), opens new tab Google, ByteDance’s TikTok and Snap Inc’s (SNAP.N), opens new tab Snapchat over claims they designed their products to be addictive to young users. The San Francisco-based 9th U.S. Circuit Court of Appeals rejected an appeal by Meta and TikTok seeking to overturn a lower court ruling requiring them to face more than 3,000 lawsuits filed in federal court, saying the companies had appealed too early. The companies had argued that Section 230 of…
DANGOTE Petroleum Refinery and Petrochemicals has clarified its position following recent reports referencing data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which suggested that the refinery rejected 15.5 million barrels of crude oil offered by local producers in the second quarter of 2026. The company emphasised that it remains fully committed to sourcing Nigerian crude oil and supporting the objectives of the Domestic Crude Supply Obligation (DCSO) framework. However, it stressed that crude oil must be available in adequate volumes and offered on commercially competitive terms to ensure the sustainability of domestic refining and the supply of affordable…
By Our Reporter, With Agency Reports PRESIDENT Bola Ahmed Tinubu has approved a new regulatory and fiscal framework for Nigeria’s deep offshore oil and gas sector, with the Federal Government projecting that the reform could unlock up to $50 billion in investment and revive long-delayed projects. The approval, announced on Tuesday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, is aimed at providing greater certainty for investors and improving Nigeria’s competitiveness in the global market for upstream oil and gas capital. The new framework replaces project-by-project negotiations with a transparent, rules-based system applicable to qualifying deep offshore…
THE MINISTER of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, says Nigeria will expand its refining capacity and petroleum infrastructure to position the country as West Africa’s energy and trading hub. Lokpobiri said this at the second edition of the West Africa Refined Fuel Market Conference on Tuesday in Abuja. He said that Nigeria must leverage its strategic position and resources to drive regional energy security. He said the Federal Government’s deregulation of the petroleum sector had unlocked investment opportunities and created a more competitive environment for the industry. According to him, Nigeria cannot fully benefit from its petroleum…
THE OFFICE of the National Security Adviser (ONSA) has launched a monthly newsletter, The National Security Monitor, to improve public understanding of Nigeria’s security environment. This is contained in a statement issued by Dr Chido Onumah, Special Adviser to the National Security Adviser on Strategic Communication and Civil Society Liaison, on Tuesday in Abuja. Onumah said the publication was designed to provide authoritative and accessible information on national security priorities, policy initiatives, institutional reforms, operational achievements and emerging threats. “The inaugural July 2026 edition features the Fourth UK-Nigeria Security and Defence Partnership Dialogue, held in Abuja from June 22 to…