NCX Workers Urge Tinubu to Avert Exchange Collapse Workers of the Nigeria Commodity Exchange have urged President Bola Ahmed Tinubu to urgently intervene and rescue the Exchange from imminent collapse, warning that the institution has been pushed to the brink...

FG Rakes in ₦55.5tn from Crude Oil Sales in 2025 Nigeria earned an average of N55.5tn from crude oil sales in 2025, an analysis of official production figures released by the Nigerian Upstream Petroleum Regulatory Commission and crude price data...

FG Okays Two Satellites to Boost Digital Economy Growth The Federal Government has approved the purchase of two new communication satellites to boost Nigeria’s digital infrastructure and support President Bola Tinubu’s plan to grow the economy to $1tn. The Minister of...

NUPRC Opens 50 Oil, Gas Blocks for Bidding  The Nigerian Upstream Petroleum Regulatory Commission has opened 50 oil and gas blocks across five sedimentary basins for bidding and exploration in the 2025 licensing round, warning that only technically competent and...

CBN Grants Importers Temporary Relief on Expired NAFDAC Licences The Central Bank of Nigeria has approved a temporary window allowing importers to use expired National Agency for Food and Drug Administration and Control licences for import documentation, offering short-term relief...

FG Moves to Tackle ₦4tn Power Debt as Five Gencos Sign Settlement Deals The Federal Government has taken steps towards resolving Nigeria’s estimated N4tn power sector debt burden as five power generation companies signed settlement agreements under the Presidential Power...