President Bola Ahmed Tinubu has approved the creation of a Presidential Petroleum Reform and Value Optimisation Task Force to design the next phase of structural reforms in Nigeria’s petroleum sector.

Tinubu Appoints Ambassador Yusuf as NAHCON Chairman   President Bola Tinubu has nominated Ambassador Ismail Abba Yusuf as the new Chairman and Chief Executive Officer of the National Hajj Commission of Nigeria (NAHCON). The nomination was disclosed in a statement issued on Wednesday by the Special Adviser...

The federal government has announced plans to establish a joint economy and trade committee with Turkey to boost bilateral trade to $5 billion.

Tinubu Hails NGX's N100trn Milestone, Encourages Investment   President Bola Tinubu has praised corporate Nigeria, citizens, and stakeholders in the Nigerian capital market for helping the Nigerian Exchange surpass the historic N100 trillion market capitalisation milestone, describing it as a signal of a “new economic reality”...

Tinubu Nominates New Boards for NUPRC, NMDPRA President Bola Tinubu has nominated new boards for the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). In a statement, Bayo Onanuga, Special Adviser to the President on Information and Strategy,...

Non-oil Revenue Rises 40% to N20.6trn – Presidency   The Presidency has said Nigeria is firmly on track to meet its annual non-oil revenue target. A statement signed on Wednesday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, cited new figures showing a...