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NUPRC Signs PSC with TotalEnergies, Sapetro for Deepwater Oil Blocks

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on Monday, signed a production sharing contract (PSC) with TotalEnergies and South Atlantic Petroleum (Sapetro) for petroleum prospecting licences (PPL) 2000 and 2001.

DMO Launches September FGN Savings Bonds

The Debt Management Office (DMO) has launched the September 2025 Federal Government of Nigeria (FGN) savings bonds, offering investors attractive interest rates of up to 16.541% per annum.

Sidi Ould Tah Sworn in as 9th AfDB President

Sidi Ould Tah has been sworn in as the 9th president of the African Development Bank (AfDB) Group, succeeding Akinwumi Adesina, whose 10-year tenure ended on Monday.

Nigeria, Colombia Sign MoU to Strengthen Economic Ties

Nigeria and Colombia on Monday signed a historic Memorandum of Understanding, MoU, on political consultations, marking a new phase in their diplomatic and economic relations.

Union Bank Completes Merger with Titan Trust Bank

Union Bank of Nigeria has announced the completion of its merger with Titan Trust Bank Limited.

FG Threatens to Disconnect GenCos from Power Grid

The Nigerian Electricity Regulatory Commission, has issued an order mandating all electricity generation companies connected to the grid to implement Free Governor Control across their generating units, warning that non-compliance would attract heavy penalties, including disconnection from the grid.