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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has restated its commitment to enforcing compliance of the Domestic Crude Supply Obligations (DCSO) by oil producers to boost the country’s energy security. In an effort to ensure smooth operations of the domestic crude supply ...

…As analysts see committee cutting rates at next meeting The Monetary Policy Committee of the Central Bank of Nigeria (CBN) took a twist in its year-long inflation chase yesterday by holding all the parameters constant around the 27.5 per cent ...

The Osun State government has acknowledged the security advice from the Nigerian Police Force (NPF) on its planned local government elections slated for Saturday, February 22, but outrightly rejected the advice on the ground of rule of law and aversion ...

British International Investment (BII), the UK’s development finance institution has inked an investment deal of $40.5 million with Johnvents Group, an agribusiness industry to enhance Nigeria’s cocoa production. The investment is expected to grow the cocoa sector, improve its global ...

The Economic Community of West African States (ECOWAS) is one of eight Regional Economic Communities (RECs) recognized by the African Union (AU). Until September 2023, it had 15 member states. However, Mali, Burkina Faso, and Niger announced their withdrawal following ...

Experts have emphasised that Nigeria’s upcoming national census is crucial for addressing climate change risks, as accurate population data is essential for shaping sustainable policies. The Population and Housing Census, the first to integrate biometric technology, will provide critical datasets ...

A heated exchange erupted between presidential media aide, Daniel Bwala, and Arise News anchor, Rufai Oseni, during a live morning show on Tuesday, after Oseni questioned Bwala’s decision to serve in President Bola Tinubu-led administration, despite his past criticisms of ...

The Nigerian National Petroleum Company Limited (NNPCL), through its subsidiary, NNPC Gas Marketing Limited (NGML), has assured sustainable gas supply to Starzs Compressed Natural Gas (CNG) facility at competitive prices. The NNPCL has equally agreed to take a 15 per ...

The federal government’s proposal to adopt a 12-year education system has sparked mixed reactions from stakeholders in the country. While some believe the change will enhance the quality of education and better prepare students for the future, others have raised ...

Only two banks have so far been able to meet the new capital requirements prescribed by the Central Bank of Nigeria (CBN), with most of the other banks still in need of huge capital injections, international rating agency, Fitch Ratings, has ...