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Monthly Archives: December 2025

Chinese Firm Trains Transport University Staff In Rail Modernisation

Chinese Firm Trains Transport University Staff In Rail Modernisation

Nigeria’s railway modernisation drive has received a major boost following the completion of a 15-day intensive rail transit technology seminar for Nigerian professionals, hosted by China Railway Signal and Communication (CRSC) International. Speaking at the closing ceremony, CRSC international’s deputy ...

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FG Reduces Oil Block Entry Costs To $3m

FG Reduces Oil Block Entry Costs To $3m

As the 2025 licensing round gets underway, the Federal Government has reduced the signature bonus from $10m to $3m and $7m. The Nigerian Upstream Petroleum Regulatory Commission disclosed this in an update on its website. According to the commission, this ...

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PoS Takeover: FG Ends Cash Payments In MDAs

PoS Takeover: FG Ends Cash Payments In MDAs

The Federal Government has outlawed the use of physical cash for the payment of revenue and directed Ministries, Departments, and Agencies to install Point of Sale terminals within 45 days. The directive formed part of four Treasury circulars issued by ...

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