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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that over $10 billion in new investments have been unlocked in the Nigerian upstream oil and gas sector signalling a significant resurgence of production activities. The NUPRC Chief Executive, Oritsemeyiwa Eyesan, made this known during the 2026 Oloibiri Lecture and Energy Forum in Abuja on Thursday, …

NUPRC Lists 50 Oil Blocks, Slashes Signature Bonus to Between $7m

The Nigerian Bar Association (NBA) has cautioned legal practitioners against instituting court actions relating to the internal affairs of political parties, warning that such conduct could attract sanctions. In a statement issued on Friday, the NBA President, Afam Osigwe, said recent developments surrounding the interpretation of the Electoral Act 2026 have raised serious concerns about …

NBA OSIGWE

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is set to launch Project NEXUS, a flagship transformation initiative aimed at enhancing regulatory efficiency and positioning Nigeria as a leading energy hub in Africa. The announcement was made by NMDPRA Chief Executive Saidu Mohammed at the 26th Oloibiri Lecture Series and Energy Forum (OLEF) held in …

NMDPRA Set to Unveil ‘Project NEXUS’ to Drive Nigeria’s 3m bpd Target

President Bola Tinubu’s recent approval of a ₦3.3 trillion debt settlement plan has been touted as a significant move towards fixing the liquidity crunch that has choked the Nigerian power sector for years. However, the announcement has generated mixed reactions regarding its significance in the efforts towards ending the persistent blackouts that Nigerians have grappled …

Power Sector Bailout: Can Tinubu’s ₦3.3trn Debt Clearance End Blackouts?

The Central Bank of Nigeria (CBN) has dismissed claims that Polaris Bank is facing liquidation, describing the circulating report as false and misleading. In a post on X on Thursday, the apex bank reassured the public that the Nigerian banking system remains stable and secure. The CBN statement followed a viral claim that Polaris Bank …

The U.S. Embassy in Abuja has announced the temporary closure of its visa appointment services, urging affected applicants to monitor their email inboxes for further instructions regarding rescheduled interview dates. In a public notice issued on Thursday, April 9, the embassy clarified that all visa appointments in Abuja have been suspended until further notice, a …

U.S. Embassy Abuja Suspends Visa Appointments

The Nigeria Customs Service (NCS) and the Presidential Enabling Business Environment Council (PEBEC) have launched a joint reform strategy aimed at speeding up cargo clearance, reducing costs, and strengthening the country’s trade competitiveness. This is part of efforts to fix Nigeria’s long-standing port inefficiencies. The initiative, which signals a shift from policy formulation to measurable …

Customs, PEBEC Shift from Policy to Action with New Port Reform Drive to Cut Delays, Boost Trade

In a major move to tackle health risks associated with water, Nestlé Nigeria Plc, the Federal Ministry of Water Resources and Sanitation, and OPS-WASH have launched the National Water Quality Advocacy Handbook. Launched at the Annual Water Quality Conference in Abuja, the initiative aims to bridge the gap between technical water safety standards and everyday …

Nestlé Nigeria, Federal Govt Launch National Handbook to Safeguard Water Quality

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