Match Preview: Nigeria Vs Malawi- As Super Falcons Eye Historic 11th WAFCON Title
Nigeria’s Super Falcons will begin their quest for a record-extending 11th Women’s Africa Cup of Nations (WAFCON) title as the 2026 tournament kicks off in Morocco, with continental glory and qualification for the 2027 FIFA Women’s World Cup in Brazil at stake. The championship, scheduled to run from July 26 to August 16, is expected […]
FG Sets Up Committee to Develop New VAT Framework Under Tax Reform Laws
A group has been established by the Federal Government to handle the 2026 Value Added Tax Modification Order. This group is essential for assisting investors and tax officials in understanding the tax laws in Nigeria. In Abuja, Taiwo Oyedele, the Minister of Finance, established this team. He stated that the Nigeria Tax Act 2025 would […]
CBN Reports Increase in Nigeria’s Money Supply Despite Tight Monetary Policy
Nigeria’s money supply rose to N133.25 trillion in June 2026, up from N129.21 trillion in May, even as the Central Bank of Nigeria (CBN) maintained its Monetary Policy Rate (MPR) at 26.5 per cent. The latest figures released by the apex bank show that the country’s broad money supply increased by N4.04 trillion within one […]
Nigeria Set to Gain as Oil Prices Top $100
Nigeria has the potential to rake in additional oil revenue as global oil prices have reached levels over $100 per barrel for the first time in nearly two months on account of increased Middle Eastern tensions. This is because Brent crude oil prices hit $100.69 per barrel yesterday, reaching its highest point of $101.01 while […]
Nigeria Intensifies Drive to Close Metering Gap
The Federal Government intensifies efforts to eliminate Nigeria’s electricity metering deficit through the Presidential Metering Initiative and a World Bank-supported programme. Director-General of the Bureau of Public Enterprises, Ayodeji Ariyo Gbeleyi, announced that the two initiatives together aim to deliver about seven million meters across the country. This figure surpasses the current estimated deficit of […]
31 Firms Win 37 Oil Blocks in NUPRC 2025 Licensing Round
Thirty-one companies emerged as winners of 37 oil and gas blocks at the end of the 2025 Licensing Round organised by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The keenly contested bidding process took place on July 21, 2026, at the Transcorp Event Centre in Abuja. A total of 143 companies submitted 200 bids for […]
FG, Partners Marked World Brain Day with Call for Equitable Neurological Care
The Federal Government and its health sector partners have called for equitable access to quality neurological care as Nigeria joined the global community to mark the 2026 World Brain Day. The observance, which was commemorated nationally for the first time, drew attention to the growing burden of neurological disorders and the urgent need to strengthen […]
Nigeria, Germany Strengthen Bilateral Ties with New Agreements
The Federal Government has reaffirmed its commitment to implementing the resolutions reached at the 2025 Nigeria-Germany Bi-national Commission as both countries move to deepen cooperation in trade, energy, investment and other strategic sectors. The commitment was reiterated during bilateral talks in Abuja between Nigeria’s Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu, and Germany’s Foreign Minister, Johann […]
NAFDAC Cracks Down on Sachet Alcohol, Small PET Bottles Nationwide
NAFDAC has started an operation to remove small sachet alcoholic drinks and PET bottles that are less than 200ml from stores everywhere. This operation is happening in all six parts of the country. It is because the Federal Government said no to making bringing in sharing, selling and using these drinks. They also said factories […]
FG: Nigeria’s Debt Isn’t Growing Because of New Loans
The Federal Government has pushed back on claims that Tinubu’s administration has borrowed roughly ₦80 trillion since coming into office, arguing that most people are misreading what’s actually driving Nigeria’s debt numbers up. Finance Minister Wale Edun laid out the government’s case before the Senate Committee on Finance on Monday, telling lawmakers that the bulk […]
ECOWAS Approves $27bn Nigeria-Morocco Gas Pipeline
Leaders from West Africa in Africa have given the go-ahead for the development of the Nigeria-Morocco Gas Pipeline worth $27 billion, which will be one of the largest energy infrastructural undertakings on the continent. The agreement was made at the 69th Ordinary Session of the ECOWAS Authority of Heads of State and Government meeting in […]
Nigeria Eyes 3m Barrels Daily Oil Output by 2030
Oil and Gas Sector Reform Intensifies in Nigeria as Federal Government Aims to Increase Production to Three Million Barrels per Day by 2030. As reported by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the current regulatory reform in Nigeria has already started to positively influence investments in the upstream sector and reverse the trend of […]