FG Returns 13 Oil Blocks After 2025 Licensing Round
By Zainab Bakare The Federal Government will return 13 oil and gas blocks to the licensing basket after they failed to attract investor interest during the 2025 Licensing Round. Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Oritsemeyiwa Eyesan, disclosed this on Tuesday at the 2025 Commercial Bid Conference in Abuja, saying only […]
PFIPC Scandal: Adeniyi Denies Budget Insertion Role
By Mardiyyah Abubakar Prince Adeyemi Adeniyi, who claims to be the Director-General of the controversial Presidential Foreign Intervention Promotion Council (PFIPC), has denied orchestrating the agency’s reported inclusion in the federal budget, insisting the development occurred after his arrest. In a recorded interview with social media influencer Martins Vincent Otse, popularly known as VeryDarkMan, Adeniyi […]
FG Deploys Digital Tools to Cut Business Regulation
By Oluwakemi Kindness The Federal Government says it is using digital technology to reduce regulatory bottlenecks that undermine businesses, describing excessive regulation as a major drag on Nigeria’s economy. Minister of State for Industry, Trade and Investment, Senator John Owan-Enoh, stated this at the weekend in Abuja at the launch of the Digital Standards Platform […]
NAICOM Gives Insurers 14 Days to Meet Capital Deadline
By Oluwakemi Kindness The National Insurance Commission (NAICOM) has given insurance companies 14 days to meet the July 31, 2026 recapitalisation deadline, warning that the timeline is mandatory and will not be shifted. Commissioner for Insurance, Olusegun Ayo Omosehin, issued the warning on Friday at the investiture of Akinjide Orimolade as the 53rd President and […]
NDLEA, NCC Sign Anti-Drug, Anti-Piracy Pact
By Oluwakemi Kindness The National Drug Law Enforcement Agency (NDLEA) and the Nigerian Copyright Commission (NCC) have sealed a strategic partnership aimed at dismantling criminal networks involved in drug trafficking, copyright piracy and other organised crimes across Nigeria. The two agencies signed a Memorandum of Understanding (MoU) at the NDLEA headquarters in Abuja on Friday, […]
RMRDC Launches Global Journal to Drive Industrial Research
By Julian Osamoto The Raw Materials Research and Development Council (RMRDC) has launched an international peer-reviewed journal to strengthen research on Nigeria’s raw materials and support industrialisation through scientific innovation. Director-General of the Council, Professor Nnanyelugo Ike-Muonso, said the revamped Journal of Raw Materials Research (JORMAR) marks a major step in repositioning RMRDC as a […]
Nigeria Moves to End Exports of Unprocessed Raw Material
By Julian Osamoto Nigeria could soon require exporters to process raw materials locally before shipment as the Raw Materials Research and Development Council (RMRDC) pushes legislation aimed at ending decades of exporting unprocessed commodities. The Council says the proposed law, which requires exporters to add at least 30 per cent value to raw materials before […]
128 Women Exporters Secure ₦980m WEIDE Grants
By Oluwakemi Kindness A total of 128 women-owned export-oriented Micro, Small and Medium Enterprises (MSMEs) have received grants worth 710,000 US dollars (about ₦980 million) under the Women Exporters in the Digital Economy (WEIDE) Fund to help expand their businesses into international markets through digital trade. The Nigerian Export Promotion Council (NEPC) announced the development […]
CAC Begins Process to Delist 100,000 Defaulting Companies
By Zainab Bakare The Corporate Affairs Commission (CAC) has begun the process of striking 100,000 companies off its register for failing to comply with statutory filing requirements. In a public notice issued on Wednesday, the Commission said the affected companies failed to file outstanding annual returns and other mandatory documents as required under the Companies […]
NSITF Restores Hope To 78 Injured Workers With Prostheses
By Chinedu Echianu The Nigeria Social Insurance Trust Fund (NSITF) has provided prosthetic limbs and rehabilitation support to 78 workers who sustained permanent disabilities from workplace accidents, completing the latest phase of its Prosthesis Provision Exercise aimed at restoring mobility, independence and livelihoods. Speaking during the presentation of the programme’s final report in Abuja, the […]