President Bola Tinubu has received the report of the High Powered Presidential Committee (HPPC) on Nigeria’s Extended Continental Shelf Project with a commendation to the team of experts who worked hard over the years to advance the project, which aims to extend Nigeria’s maritime boundaries in accordance with the United Nations Convention on the Law of the Sea (UNCLOS), 1982.
Coalition Backs NSA’s Move for Cyber Security Levy Implementation
A coalition under the aegis of NIGERIA FIRST PROJECT (NF-PRO) has backed the National Security Adviser’s move to implement cyber security levy on Nigerians.
Recall that the CBN on May 6, 2024, issued a circular mandating all...
Nigeria Raises N380.77bn in May Bond Auction
The Nigerian government has raised N380.769 billion in a highly subscribed bond auction conducted on May 13, 2024.
However, the amount raised is 39% less than what was raised in the April FGN bond auction.
The aggregate subscription across all...
FG Unveils Mining Decision Support System to Unlock Economic Opportunities
The Federal Government has unveiled the Nigeria Mineral Resource Decision Support System (NMDSS) to unlock economic opportunities in the mining sector. This innovative platform aims to empower stakeholders, attract investment, and drive sustainable development.
Dr Dele...
NUPRC Begins Bidding Round for 12 Oil Blocks
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the commencement of the bidding process for 12 oil blocks recently listed for sale.
It also signals the start of the 2024 Nigeria Petroleum Licensing Round and the resumption...
Nigeria Records $282m Diaspora remittances in Q1 2024 – CBN
Nigeria recorded $282.61 million as total direct foreign exchange (FX) remittances in the first quarter (Q1) of 2024.
This is according to data obtained from the website of the Central Bank of Nigeria (CBN) on May...
