The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has endorsed the Federal Government's decision to transfer royalty collection duties to the Nigeria Revenue Service (NRS), calling it a key move for transparency and revenue assurance under the Petroleum Industry Act...
Olugbemisola Odusote, the new Director-General of the Nigerian Law School, has cautioned that internal resistance from lawyers is hindering discipline enforcement in the legal profession, urging unity to overcome these challenges.
Speaking at a reception hosted by Prof. Bayo Adaralegbe...
The Central Bank of Nigeria (CBN) have generated N4.86 trillion through Nigerian Treasury Bills (NTBs) in the 1st quarter of 2026, as investors sought refuge from persistent double-digit inflation. This marked a 12.2% drop from the N5.54 trillion raised...
The Securities and Exchange Commission (SEC) of Nigeria has issued an urgent directive mandating capital market operators to freeze assets of 13 terrorism-financing suspects, spotlighting its aggressive push against illicit funds.
The order, released early Monday ahead of weekly market...
The Central Bank of Nigeria (CBN) has rejected a viral social media image purporting to depict a new N5,000 banknote with President Bola Tinubu's portrait as fabricated. Widely circulated online, the image implied that the apex bank had unveiled...
The Nigerian Electricity Regulatory Commission (NERC), has directed the Transmission Company of Nigeria (TCN) to cut national grid transmission losses to 6.5% by the end of 2026, aiming to boost efficiency and accountability in the electricity network.
In its April...
Director-General of The National Information Technology Development Agency (NITDA), Kashifu Abdullahi, while speaking on the panel at the GITEX Africa Summit, “Africa’s Cloud Moment: Build Regional or Stay Fragmented,” advocated shifting from government-funded infrastructure to collaborative approaches.
He explained that...
The Petroleum Industry Act (PIA) and an overhauled regulatory system are transforming Nigeria's upstream oil sector, drawing in $10 billion in fresh investments. Oritsemeyiwa Eyesan, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), highlighted this achievement during...
The Federal Competition and Consumer Protection Commission (FCCPC) has broadened its market monitoring and testing efforts to cover electrical and electronic items, cables, and various building materials, addressing rising safety issues such as building collapses.
Mrs. Boladale Adeyinka, Director of...
The Nigeria Civil Aviation Authority (NCAA) has cautioned passengers to expect possible flight delays and cancellations as the rainy season sets in, noting that adverse weather could disrupt recent improvements in flight operations.
According to NCAA spokesperson Mike Achimugu, while...
