Business

NNPCL: International Syndicates Behind Oil Theft in Nigeria

IDNN
The Nigerian National Petroleum Company Limited (NNPCL) has warned that crude oil theft in Nigeria is being driven by sophisticated international syndicates. Group CEO Mele Kyari’s successor, Bashir Ojulari, revealed that intensified collaboration between security and intelligence agencies has restored confidence in pipelines and crippled organised theft networks....

NBA, Civil Groups Blast Ibom Air Over Passenger Assault, Lifetime Ban

IDNN
A national uproar has erupted after viral footage showed Comfort Emmanson partially stripped and dragged off an Ibom Air flight. The Nigerian Bar Association, civil society groups, and political leaders have condemned the airline’s conduct, calling the treatment “inhumane” and the lifetime flight ban “illegal.” The case has reignited debate over selective justice in aviation....

Ibom Air Bans Violent Passenger for Life as Court Remands Her in Kirikiri Amid Double Standards Storm

IDNN
Ibom Air has banned passenger Comfort Bob for life after she assaulted crew members, sparking chaos at Lagos airport. Remanded in Kirikiri prison, she faces a five-count charge. Outrage grows over perceived double standards, as Peter Obi and activists compare her treatment to musician K1 De Ultimate’s ValueJet incident....

K1 De Ultimate Faces FAAN Probe After Airport Alcohol Incident Delays Flight

IDNN
Fuji icon Wasiu Ayinde Marshal, aka K1 De Ultimate, is under investigation after reportedly attempting to carry alcohol onto a ValueJet flight and clashing with aviation security. The altercation triggered a safety probe by FAAN and led to NCAA suspending two pilots....

EFCC Sounds Alarm: Nigeria’s Real Estate Sector Now Hotbed for Money Laundering

IDNN
The Economic and Financial Crimes Commission (EFCC) has zeroed in on Nigeria’s booming real estate sector, warning that developers risk becoming conduits for illicit funds if they continue to ignore basic due diligence. Chairman Ola Olukoyede says the days of blind deals are over....

Dangote Refinery Faces Backlash over Pricing, Monopoly Concerns from Marketers

IDNN
Tensions are rising in Nigeria’s downstream oil sector as independent marketers and stakeholders accuse the Dangote Refinery of restrictive pricing, port cost challenges, and monopolistic practices. Despite being Africa’s largest refinery, marketers say it’s currently cheaper to import from Lomé than load domestically. Industry groups are calling for regulatory intervention and open-market reforms....

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