The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is actively consulting with industry stakeholders on a proposed domestic crude oil and gas swap mechanism designed to reduce costs and enhance product availability across the country. Commission Chief Executive Mrs Oritsemeyiwa Eyesan revealed the initiative on Thursday during a courtesy visit to the Nigerian Midstream …
With just one day to the Osun Governorship election, two governorship candidates, Adebayo Adewale of the Allied Peoples Movement (APM) and Adedamola Adebayo of the Peoples Democratic Party (PDP), have withdrawn from the race and endorsed Governor Ademola Adeleke. Adewale announced his withdrawal on Thursday, saying he arrived at the decision after consultations with party …
The Federal Government has reached an agreement with aviation sector unions and airline operators, granting domestic airlines flexible repayment plans for their outstanding debts to aviation agencies. The resolution also affirms that workers are free to join unions without interference by management of airlines. These were the key outcomes of an emergency stakeholders' meeting convened …
A prominent Kano Islamic scholar, Sheikh Alaramma Hadi Inuwa Maihula Sanka, has criticised the Kano State Government’s mass marriage programme, describing it as “Haram” and calling on the government to discontinue the initiative. Maihula made his position known during an interview with journalists in Kano on Tuesday evening, arguing that marriage, like other major religious …
Frontline candidates in Saturday’s Osun governorship election have expressed confidence in their chances of winning while outlining their plans for the state if elected. The candidates spoke separately on Tuesday at the Arise Townhall Meeting in Osogbo, where Governor Ademola Adeleke of the Accord Party, the All Progressives Congress (APC) candidate, Asiwaju Munirudeen Bola Oyebamiji, …
The Nigeria Revenue Service (NRS), in collaboration with the Joint Revenue Board (JRB), has released new guidelines for the taxation of virtual assets, setting out a formal framework for how digital asset activities will be administered and taxed in Nigeria. The guidelines apply to taxpayers, Virtual Asset Service Providers (VASPs), peer-to-peer (P2P) marketplace operators, tax …
The Nigerian Electricity Regulatory Commission (NERC) has issued an interim order dissolving the board of Kaduna Electricity Distribution Plc (KAEDC) effective August 10, 2026. In the Order with No: NERC/2026/086, the Commission said the decision was taken following what it described as a "severe financial insolvency" by KAEDC, which has accumulated over ₦118.6 billion …
President Bola Tinubu will on August 11 declare open an international conference on security and national unity in Abuja. The conference, organised by Jama’atu Izalatil Bidiah wa Iqamatis Sunnah (JIBWIS Nigeria) in collaboration with the Muslim World League of Saudi Arabia, will take place at the Bola Ahmed Tinubu International Conference Centre, Abuja. Themed “International …
In a major crackdown on infrastructure vandalism, the Lagos State Government has arrested 27 suspected hoodlums for allegedly removing critical structural components under the bridge linking Festac Town to Alakija along the Lagos-Badagry Transnational Highway. The bridge was said to have been constructed five years ago. According to a statement by the Commissioner for Environment …
The Lagos State Environmental Protection Agency (LASEPA) has sealed 12 business premises across the Ijora Causeway and Apapa areas for persistent violations of environmental regulations, despite repeated warnings, abatement notices and several opportunities to comply with the agency's directives. The enforcement exercise, carried out on Wednesday, August 5, 2026, forms part of the state's renewed …
