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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the completion of the pre-qualification stage of the 2025 Licensing Round and shortlisted bidders for the 50 oil blocks offered by the Commission. It said it has notified successful pre-qualified applicants. NUPRC made this known in a statement released on Tuesday, March 17, signed by the …

NUPRC Falls Short of Revenue Target in August despite Improved Crude Output

Nigeria’s headline inflation rate declined slightly to 15.06 per cent in February 2026, indicating a continued but gradual easing of price pressures across the economy. Data released on Monday by the National Bureau of Statistics (NBS) showed the rate slipped by 0.04 percentage points from 15.10 per cent recorded in January. Although marginal, the drop …

Nigeria inflation

The Chairman of the Independent National Electoral Commission (INEC), Joash Amupitan, has said credible elections remain a top priority for Nigeria as the country continues to strengthen its democratic process. Amupitan made the remark on Monday in Abuja while receiving members of the Alumni Association of the National Institute for Security Studies (AANIS) during a …

New INEC Chairman Vows to End Pre-election Litigations

Several passengers suffered injuries on Monday when an Abuja-bound train from Kaduna derailed following a collision near Asham, the Nigerian Railway Corporation confirmed. Managing Director Kayode Opeifa told reporters that no one has died. Injured passengers received medical attention at Idu train station. He added that the NRC has launched an investigation to determine the …

The Federal Government has alleged that an embattled mining company, Jupiter Ltd, is planning what it described as a “campaign of calumny” against Nigeria during the forthcoming state visit of President Bola Tinubu to the United Kingdom. The government said the alleged move followed a dispute over revoked mineral licences and was aimed at discrediting …

Tinubu Approves Posting of Four Ambassadors to US, UK, France, Turkey

Nigeria’s plan to generate up to $200 billion in non-oil export revenue over the next five years is facing serious uncertainty as the escalating conflict between Iran and Israel disrupts global shipping routes and drives up logistics costs. Exporters and supply-chain experts warn that the crisis in the Middle East is already inflicting losses on …

The Governor of Bauchi State, Bala Mohammed, is expected to join the ruling All Progressives Congress (APC) on Tuesday as part of his ongoing political realignment. Mohammed had resolved to leave the Peoples Democratic Party (PDP) after holding a meeting with President Bola Tinubu and leaders of the APC. Conditions for Defection THISDAY reports that …

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