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Electricity Challenges Stall e-vehicle Adoption in Nigeria

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has identified poor electricity supply as a major challenge stalling Nigeria’s electric mobility transition.

RMAFC Begins Revenue-Sharing Formula Review

The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) on Monday announced the commencement of the process for review of the Revenue Allocation Formula (RAF) between the federal, states, and local governments.

Ministry, NDLEA Develop Strategy to Tackle Illicit Drugs, Enhance Food Security

The Federal Ministry of Agriculture and Food Security has partnered with the National Drug Law Enforcement Agency (NDLEA) to create alternative livelihoods for illicit drug producers and users.

Nigeria’s Oil Production 7,000bpd Above OPEC Quota

According to a report by the Organisation of the Petroleum Exporting Countries (OPEC), Nigeria’s average daily crude production rose to 1,507,000 barrels per day in July,

UBA, BoI Launch N5bn Facility for Female Entrepreneurs

United Bank for Africa Plc has secured a N5bn loan facility from the Bank of Industry to boost key sectors of the economy and support the growth of sustainable and viable businesses in Nigeria, with a primary focus on micro, small, and medium enterprises owned by women.

Nigeria, Brazil to Sign MoU on Direct Flight

The Federal Republic of Nigeria is set to sign a Memorandum of Understanding (MoU) with the Federative Republic of Brazil on a Bilateral Air Service Agreement (BASA) to unlock direct flights.