FG begins enforcement of executive order 9 on oil revenues
The Federal Government has begun implementing Executive Order 9 of 2026, which requires the direct remittance of oil revenues into the Federation…
Business
FG divides OPL 245 into four assets for Eni, Shell
The Federal Government has divided the controversial OPL 245 oil block into four separate assets to be operated by Eni and Shell,…
MTN projects sharp profit turnaround with strong Nigerian, Ghanaian operations
Africa’s biggest mobile network operator, MTN Group Ltd., has forecast that its full-year earnings will more than quadruple, driven by a strong…
NUPRC incorporates 155 host community trusts in Niger Delta
The Nigerian Upstream Petroleum Regulatory Commission has officially incorporated 155 Host Community Development Trusts (across oil-producing areas in the Niger Delta, advancing…
Nigeria’s trade surplus rose to $1.28bn in November 2025 — CBN
Nigeria recorded a $1.28 billion trade surplus in November 2025. This represents a 4.1 per cent month-on-month increase compared to the $1.23…
Soludo defies court order, demolishes Onitsha main market shops
Traders at Onitsha Main Market were left in shock and distress on Sunday as Governor Chukwuma Soludo of Anambra State commenced demolition…
FG, AFC sign deal to fund $1.3bn mining projects
The African Finance Corporation and the Federal Government, acting through the Solid Minerals Development Fund, have signed an investment agreement to co-finance…
OPEC+ to hike oil supply as Iran crisis pressures markets
OPEC+ has agreed in principle to a modestly larger oil output increase next month, as tensions triggered by US and Israeli strikes…
Oil tanker attacked near Strait of Hormuz
Oman’s Maritime Security Centre said an oil tanker, Skylight, flying the flag of the Republic of Palau, was attacked about five nautical…
Plateau seals two restaurants over poor sanitation
Plateau Environmental Protection and Sanitation Agency has sealed two restaurants in Jos for poor sanitary conditions and unkempt surroundings. The enforcement action…
FG issues travel advisory to Nigerians in Iran, gulf states
The Federal Government of Nigeria has issued a travel advisory to Nigerians residing in or travelling to Iran and other Gulf countries…
Kaduna orders closure of markets, schools during February sanitation
The Kaduna State Government has directed all residents to observe the February edition of the monthly environmental sanitation exercise. The exercise is…