FG Targets 300,000bpd Boost from Licensing Round
The Federal Government says the ongoing 2025 Licensing Round is expected to increase Nigeria’s crude oil production by at least 300,000 barrels per day (bpd) within the next three years,…
Liverpool Owners Discuss Minority Investment Worth Over $6bn
Liverpool owners Fenway Sports Group (FSG) are in discussions with Indian investors, including members of the Mittal family, over a minority investment that would value the Premier League champions at…
Senate Approves Bill to Rename NAICOM
The Senate has passed a bill to rename the National Insurance Commission (NAICOM) as the Insurance Regulatory Commission (IRC) as part of efforts to strengthen insurance regulation in Nigeria. The…
La Liga Chief Slams FIFA’s World Cup Expansion
La Liga president Javier Tebas has criticised FIFA over discussions about expanding the 2030 World Cup to 64 teams, accusing football’s governing body of acting irresponsibly and putting the wider…
FG Launches N729bn Bond for Power Sector Debts
The Federal Government has launched a N729 billion bond to clear more outstanding debts in Nigeria’s electricity sector after paying about N333 billion to eight electricity generation companies (GenCos) under…
Thirteen Oil Blocks Return to Nigeria’s Licensing Pool
The Federal Government has announced that 13 oil and gas blocks offered during the 2025 Licensing Round will return to the national licensing pool after failing to receive bids from…
NSCDC Busts Suspected Fake University in Lagos
The Nigeria Security and Civil Defence Corps (NSCDC) has uncovered a suspected fake university operating from a three-bedroom apartment in Ilado, within the Olorunda Local Council Development Area of Lagos…
US Invests $1.2m to Protect Nigeria’s Heritage
The United States has invested $1.2 million over the past five years to support cultural heritage preservation across 21 Nigerian states, describing the effort as a strategic partnership that benefits…
CBN Holds Interest Rate at 26.5 Per Cent
The Central Bank of Nigeria (CBN) has decided to keep the Monetary Policy Rate (MPR) at 26.5 per cent after the 306th Monetary Policy Committee (MPC) meeting held in Abuja…
FCT Police Detain Officers Over ICPC Chairman Extortion
The Federal Capital Territory (FCT) Police Command has arrested and detained four police officers accused of extorting ₦53,000 from ICPC Chairman, Dr. Musa Aliyu (SAN), during an unlawful stop-and-search operation…
