As Nigeria pushes for new investments in the oil and gas industry, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has scheduled to hold a pre-bid conference for the 2025 oil and gas licensing round. In a statement released on Friday, signed by the NUPRC Chief Executive, Oritsemeyiwa Eyesan, the Commission said the licensing round pre-bid …
The Nigerian Communications Commission (NCC) has announced that it will begin implementing a new consumer refund framework on March 1, 2026. It said this is aimed at resolving delays in refunds for failed airtime and data transactions. It made this known in a statement released on Thursday, January 8. According to NCC, the policy was …
The Nigerian Civil Aviation Authority (NCAA) has threatened to impose stiffer penalties on domestic airlines for what it described as “chronic delays” in flights. In a statement released on Thursday, January 8, the Director of Public Affairs & Consumer Protection at NCAA, Michael Achimugu, said the measure is to curb incessant flight delays and inefficiencies …
Reactions have trailed President Bola Tinubu’s approval for the major write-off of debts owed by the Nigerian National Petroleum Company (NNPC) Limited to the Federation Account, clearing over 90% of legacy obligations up to the end of 2024. A report by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) presented during the November 2025 Federation Account …
The Nigerian House of Representatives has suspended discussion on the 2026–2028 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The decision to step down the documents was taken on Wednesday following a heated debate over how crude oil price benchmarks and revenue projections were calculated. The debate ensued in plenary immediately after James Faleke, …
The Nigerian Bar Association (NBA) has called on President Bola Ahmed Tinubu to urgently intervene and call to order the Inspector General of Police (IGP) over the planned resumption of enforcement of the suspended tinted glass permit policy. NBA President Mazi Afam Osigwe, SAN, while condemning the move, described it as a grave affront to …
Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMPRA), Engr. Farouk Ahmed, has debunked a viral statement purported to be his response to the recent allegations made against him by the President and Chief Executive of Dangote Group, Alhaji Aliko Dangote. In a terse statement released on Tuesday, December 16, Ahmed clarified …
As the festive season approaches, Dangote Refinery has announced another slash of its gantry price of Premium Motor Spirit (PMS), also known as petrol to ₦699. This reflects a ₦129 or 15.58 per cent reduction when compared to ₦828 per litre sold previously. In a statement, the refinery said the new price takes effect on …
A fresh dispute erupted on Wednesday between the Senate and the Presidency as lawmakers accused security authorities of selectively enforcing President Bola Tinubu’s directive withdrawing police orderlies from Very Important Persons (VIPs). The senators protested that while their own orderlies had been withdrawn without warning, several top government officials, business figures, and even relatives of …
Two members of the House of Representatives from Bayelsa State have officially defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC). The lawmakers are Rodney Ambaiowei, representing Southern Ijaw federal constituency, and Oboku Oforji of Yenagoa/Kolokuma/Opokuma. Defection Announced in Plenary The Speaker of the House, Tajudeen Abbas, announced their defections during …
