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...

Aviation Unions Slam Enugu Airport Concession, Threaten Strike Aviation workers’ unions have rejected the Federal Government’s concession of the Enugu airport, describing the process as insensitive, opaque, and exclusionary, warning that industrial action may follow if the decision is not...

DMO Raises ₦1.54tn in January Bond Sale, Exceeds ₦900bn Offer The Federal Government of Nigeria (FGN) has allotted a total of N1.54 trillion at its January 2026 bond auction, significantly exceeding the N900 billion initially offered. This, analysts say, underscores sustained...