NUPRC Reports 4th Straight Month of Production Growth

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Nigeria’s crude oil output rose to 1.56 million barrels per day (bpd) in June which is a 2% increase from May’s 1.53 million bpd...

NUPRC Issues 19 PPLs to Spur Upstream Investment

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Nigeria’s Upstream Petroleum Regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued petroleum prospecting licenses (PPLs) to winners of the 2022/2023 Mini Bid...

SEC Proposes Index Reclassification Committee

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The Regulator of the Nigerian Capital Markets; Securities and Exchange Commission (SEC) has suggested creating an Index Reclassification Steering Committee to coordinate Nigeria’s push...

CAC to Enforce CAMA Disclosure Rules from 1st August

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The Corporate Affairs Commission (CAC) will begin enforcing disclosure rules for company business letters from 1 August 2026 and will sanction firms that don’t...

TSC Reallocation Could Weaken Safety Oversight – NCAA Warns

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The Nigeria Civil Aviation Authority (NCAA) says proposals to shrink its portion of the 5% Ticket Sales Charge (TSC) would erode its ability to...

CBN: Standard N100 Still Legal Tender, Stop Rejections

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The Central Bank of Nigeria (CBN) has instructed the public, businesses, and commercial banks to stop refusing the standard N100 note, confirming it remains...

PenCom Eyes Bigger Role in Nigeria’s Capital Markets as Pension Assets Hit N31.32tn

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The National Pension Commission (PenCom) says it will step up collaboration with capital market participants to better channel the pension industry’s vast pool of...

NMDPRA Pledges Stricter Transparency as Sector Faces 3 Major Shifts

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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) have said it will enforce stricter transparency, fairness and predictability as the sector adapts to...

NIPOST Pilots Nationwide Digital Alphanumeric Postcodes

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The Nigerian Postal Service (NIPOST) is leading a major push to replace Nigeria’s landmark-based directions with a precise National Digital Alphanumeric Postcode System. Moving...

FCCPC to Probe Unauthorized Use of Nigerian News by AI and Platforms following Presidential...

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The Federal Competition and Consumer Protection Commission (FCCPC) have been directed by President Bola Tinubu to investigate major global tech firms and Generative AI...