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Nigeria must keep oil, gas investment flowing amid energy transition — Ekpo By Onu Okorie Nigeria must sustain investment in its oil and gas industry while gradually diversifying its energy mix to cope with the global energy transition, Minister of State for Petroleum Resources (Gas), […]
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SEC targets household savings as capital market enters new growth phase By Onu Okorie Federal Government is set to unveil a new National Savings Scheme as part of efforts to channel more household savings into Nigeria’s capital market and expand the pool of domestic funds […]
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FG cuts late-tax interest, links rate to CBN policy rate By Onu Okorie Federal Government has reduced the interest rate applicable to overdue tax payments, replacing the previous fixed formula with a market-linked system that will take effect from October 1, 2026. Under the Nigeria […]
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NCS warns public over fake facebook account impersonating spokesperson By Onu Okorie Nigeria Customs Service (NCS) has warned members of the public against a fraudulent Facebook account impersonating its National Public Relations Officer, Deputy Comptroller of Customs Abdullahi Aliyu Maiwada. In a scam alert issued […]
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NUPRC seeks petroleum swap deal to boost domestic fuel supply By Onu Okorie Nigerian Upstream Petroleum Regulatory Commission NUPRC is engaging industry stakeholders on a proposed domestic crude oil and gas swap arrangement aimed at reducing costs and improving the availability of petroleum products across […]
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FRSC deploys 2,500 personnel, 50 vehicles for Osun Governorship election By Onu Okorie Federal Road Safety Corps (FRSC) has deployed 2,500 personnel and 50 operational vehicles across Osun State to ensure effective traffic management and emergency response during the 2026 Osun State Governorship Election scheduled […]
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Nigeria-China aquatic protocol: Tegbe urges swift implementation to boost exports By Onu Okorie Minister of Power, Joseph Tegbe, has called for the swift implementation of the Nigeria-China Aquatic Products Protocol, saying the landmark agreement must translate into increased exports, higher foreign exchange earnings and expanded […]
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Vandals collapse five transmission towers along Ikot Abasi–Eket 132kV Line By Onu Okorie Five transmission towers along the Ikot Abasi–Eket 132kV Double Circuit Transmission Line have collapsed following severe acts of vandalism, the Transmission Company of Nigeria (TCN) has announced. The damage was discovered on […]
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Umahi tasks Federal Works controllers to prioritise quality, public interest By Onu Okorie Minister of Works, Senator Engr. David Nweze Umahi, has charged Federal Controllers of Works across the 36 states of the federation and the Federal Capital Territory (FCT) to remain committed to quality […]
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Devastating ocean surge threatens existence of 20 Ilaje communities in Ondo state…. Residents demand shoreline protection, emergency intervention, may boycott 2027 election over neglect By Onu Okorie Twenty coastal communities in the oil-producing parts of Ilaje Local Government Area, Ondo State have threatened to boycott […]
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Engineering innovation, quality roads critical to Nigeria’s economic transformation – Goronyo .. says Tinubu’s flagship highway projects will connect Nigeria, drive trade and create prosperity By Onu Okorie Minister of State for Works, Rt. Hon. Bello Muhammad Goronyo, has called on Nigerian engineers, innovators, professionals […]
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Nigeria exceeds OPEC crude oil quota for third straight month By Onu Okorie Nigeria has exceeded its Organization of the Petroleum Exporting Countries OPEC crude oil production quota for the third consecutive month, recording average daily production of 1.505 million barrels of crude oil in […]
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NDIC, Reps move to shore up banking safety net after recapitalisation By Onu Okorie Nigeria Deposit Insurance Corporation and the House of Representatives Committee on Insurance and Actuarial Matters have moved to deepen protection for Nigeria’s financial system, barely months after the conclusion of the […]
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