NUPRC assures investors of transparent, competitive licensing round for 50 oil blocks

By Emmanuella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has assured prospective investors of a transparent, merit-based and competitive process for Nigeria’s 2025 Oil and Gas Licensing Round.   The commission said that only applicants with strong technical, financial credentials, professionalism and credible plans would proceed to the criticalContinue Reading

World Bank project boosts Nigeria’s procurement reforms through certification programme – BPP

By Okeoghene Akubuike   The Sustainable Procurement, Environmental and Social Standards (SPESSE), a World Bank-funded project, has strengthened Nigeria’s procurement reforms through a novel certification programme introduced by the Bureau of Public Procurement (BPP). This is according to a statement by Zira Nagga, Head of Press and Public Relations, BPPContinue Reading

PenCom boosts NSITF pensions by 1,173%, pays N8.7bn arrears to 2,116 retirees

By Nana Musa  The National Pension Commission (PenCom) has approved a 1,173 per cent upward review of pensions for 2,116 retirees under the Nigeria Social Insurance Trust Fund (NSITF), and paid 8.70 billion arrears to 2,116 retirees. The Director-General pf PenCom, Ms Omolola Oloworaran made this known in a statementContinue Reading

From reform to results: Ojulari’s NNPCL reset

By Muhyideen Jimoh Barely a year after a sweeping leadership overhaul at the Nigerian National Petroleum Company Limited (NNPCL), early indicators suggest that long-promised reforms are translating into measurable operational and governance outcomes. At the centre of this shift is Mr Bayo Ojulari, whose appointment as Group Chief Executive OfficerContinue Reading

FG boosts south east’s economy, signs Enugu Airport concession

By Okeoghene Akubuike The Infrastructure Concession Regulatory Commission (ICRC) has described the signing of the concession agreement for Akanu Ibiam International Airport, Enugu as a major boost for the South-Eastern economy. Dr Jobson Ewalefoh, Director-General, ICRC, in  a statement on Sunday in Abuja, described the agreement as a milestone in FederalContinue Reading

Tax Ombud assures Nigerian taxpayers of improved protection, fair treatment

Taxpayers By Kadiri Abdulrahman Abuja, Jan. 24, 2026 (NAN) The Office of the Tax Ombud has assured Nigerian taxpayers of improved protection and fair treatment as it implements guidelines designed to safeguard taxpayer rights, strengthen trust, and enhance voluntary tax compliance. A statement issued in Abuja on Saturday by ChukwudiContinue Reading

Organisation urges government to see tax as tool for inclusive economic growth

By Emmanuel Oloniruha The Abuja School of Social and Political Thought (TAS), an NGO, has advised the Federal Government to view taxation not merely as a revenue generation tool, but as a “social contract” essential for inclusive economic growth and public accountability. The Director of TAS, Dr Samuel Amadi, madeContinue Reading

Rewane outlines projections for Nigeria in 2026

By Rukayat Moisemhe Managing Director of Financial Derivatives Company, Mr Bismarck Rewane, has projected a cautious but opportunity-laden economic outlook for Nigeria in 2026. Rewane said the year would be characterised by moderate global growth, a weaker naira, rising public debt and expanding investment opportunities across key sectors of theContinue Reading