The Nigerian Government has approved sweeping tariff reductions on key imports, including vehicles, rice, palm oil and sugar, as part of its 2026 fiscal policy aimed at stimulating economic growth and supporting critical sectors. In a circular issued by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, the Federal Government confirmed …
The Nigerian Economic Summit Group (NESG) has cautioned the Federal Government against reversing fuel subsidy reforms, warning that such a move could destabilise the economy and undermine recent gains. Speaking during a media briefing on Friday, NESG Head of Research, Dr. Joseph Ogebe, described 2026 as a “make-or-break” year for Nigeria, stressing the urgency of …
While preparing dinner on Friday evening, Madam Juliana Umeh, a mother of three who resides in the Ilasa area of Lagos, suddenly noticed the flame from her blue 12.5kg cylinder gradually dropped and finally stopped. The gas finished in the middle of the cooking. Left with no other option, Mrs Umeh approached a nearby gas …
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, …
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 …
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 …
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 …
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 …
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 …
A Federal High Court in Abuja has sentenced four members of the Boko Haram terror group to life imprisonment after they pleaded guilty to terrorism charges. The trial judge, James Omotosho, handed down the sentences on Tuesday following the defendants’ admission of guilt. The prosecution presented evidence through a witness from the Department of State …
