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SPECIAL REPORT: S’Court Granted Autonomy, But Governors Still Control LGs 2 Years After, by Tahir Ahmad

For many Nigerians, local governments exist only on paper. Their names appear on signboards, election posters and official documents, but their presence is rarely felt in daily life.

Tinubu Sacks NMDPRA Boss After Four Months, Names Replacement

President Bola Ahmed Tinubu has dismissed Saidu Mohammed, Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), just four months after his appointment.  

CBN Maintains Restrictions on BDC Access to FX Market

The Central Bank of Nigeria (CBN) has maintained restrictions on Bureau De Change (BDC) operators’ access to the official foreign exchange market, citing compliance risks and past abuses.  

Reps Approve $516m Loan for Sokoto–Badagry Superhighway

The House of Representatives has approved a $516 million external loan requested by President Bola Tinubu to fund sections of the Sokoto–Badagry Superhighway project.

Airlines Get 30-Day Credit Window for Fuel Payments

The Federal Government has moved to stabilise Nigeria’s aviation sector by capping jet fuel prices and granting airlines a 30-day credit window, following concerns over rising operating costs and potential flight disruptions.

Foreign Currency Taxes Surge to N6.33tn in 2025

Nigeria’s foreign currency-denominated tax receipts rose sharply to ₦6.33 trillion in 2025, reflecting higher contributions from multinational firms and the impact of exchange rate reforms, according to data from the National Bureau of Statistics (NBS).