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UK gets new PM, as Starmer steps down
King Charles III of Great Britain, Monday, officially appointed Mr. Andy Burnham as the new Prime Minister following the resignation of Keir Starmer. Starmer officially stepped down after tendering his resignation to the monarch at Buckingham Palace, paving the way…
Over 143 firms jostle for 50 oil blocks as NUPRC holds bid round
The Federal Government will on Tuesday commence the commercial bidding phase of its much-publicised 2025 Oil and Gas Licensing Round, with 143 prequalified companies set to compete for exploration and production rights over 50 petroleum blocks spread across Nigeria’s major…
ECOWAS gets new chairman, as Nigeria demands entire continent’s condemnation of xenophobic attacks in S/Africa
Nigeria’s President, Bola Tinubu has called on leaders of the Economic Community of West African States (ECOWAS), as well as other African countries to unanimously condemn the ongoing Afrophobic and xenophobia attacks on black immigrants in South Africa. According to…
NRS fixes deadline for national e-invoicing, electronic fiscal system compliance
Nigeria Revenue Service (NRS) has set a July 31 deadline for all large taxpayers to wholly adopt the national e-invoicing and electronic fiscal system (EFS). This follows a public notice issued by NRS on February 17, 2026, on the implementation…
CBN unveils fresh guidelines for BDC operators accessing forex
Central Bank of Nigeria (CBN) has released new operational rules on how licensed Bureau de Change (BDC) operators can acquire foreign exchange from the market. In a circular signed by Aderinola Shonekan, the CBN’s Director of Trade and Exchange Department,…
NIMC enrols 137m Nigerians into NIN database, as deadline for exercise nears
National Identity Management Commission (NIMC) says it has so far enrolled a total of 137,371,080 Nigerians into the NIN database, just as it acknowledged that millions more remained to be captured in the system. Director-General and Chief Executive Officer of…
NCDMB, Renaissance launch oilfield readiness training for 300 Nigerians
The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Renaissance Africa Energy Company Limited, has commenced a specialised human capital development programme aimed at equipping 300 young Nigerians with industry-relevant technical and professional skills required for successful careers…
NLNG celebrates Prof Bart Nnaji at 70, honours his contribution to innovation
NLNG has paid tribute to Professor Bart Nnaji at 70, highlighting his more than two decades of contribution to the governance, credibility and international reach of The Nigeria Prize for Science and Innovation. The former Minister of Power and Chairman…
Tinubu signs Executive Order to harmonise virtual asset regulation, as NRS to unveil tax policy for sector
President Bola Tinubu has signed an Executive Order to harmonise the regulation of virtual assets of the country. Titled; Virtual Assets Coordination, 2026, the order is also aimed at strengthening cooperation among the nation’s financial, revenue and capital markets agencies,…
BOI secures €60m credit support for Nigeria’s cocoa, dairy industry development
Bank of Industry (BoI) has secured a €60 million credit facility from the European Investment Bank (EIB) to support Nigeria’s cocoa processing and dairy industries, as the country intensifies efforts to move beyond exporting raw agricultural commodities. Managing Director and…
