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NUPRC Slashes Oil Block Entry Costs to $3m

As the 2025 licensing round gets underway, the Federal Government has reduced the signature bonus from $10m to $3m and $7m.

FG Pushes 70% of 2025 Capital Projects to 2026

The Federal Government has ordered ministries, departments, and agencies to carry over 70 per cent of their 2025 capital budget into the 2026.

CBN Licenses 82 BDCs, Warns Public Against Illegal FX Operators

The Central Bank of Nigeria (CBN) has granted final operating licences to 82 Bureaux De Change (BDCs) under its revised regulatory framework.

Cashless Revenue: FG to End Physical Receipts Jan 2026, Deploy Unified e-Treasury

The Federal Government has announced sweeping changes to its revenue collection system, unveiling a full transition to cashless payments.

NGX Records 2.45% Gain, Market Value Hits N93.72trn

NGX Records 2.45% Gain, Market Value Hits N93.72trn The Nigerian Exchange (NGX) All-Share Index and Market Capitalization appreciated by 2.45% and 2.67 to close the week at 147,040.08 and N93.722 trillion respectively. Similarly, all other indices finished higher with the exception of NGX Oil and Gas...

External Reserves Hit $45.04bn, Highest in 6 Years

Nigeria’s external reserves have crossed $45.04 billion, marking one of the strongest positions the country has recorded in six years.