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Gas prices have soared to a three-year high and oil prices spiked after attacks on energy sites in Iran and Qatar damaged a Shell plant and stoked fears about disruption to global supplies. US President Donald Trump said he did not authorise the targeting of energy facilities but threatened to “massively blow up” a key Iran gas field in retaliation if it continues its attacks. UK natural gas prices spiked […]
The House of Representatives has begun considering a bill to establish a new regulatory body for the fast-growing financial technology sector in the country The proposed legislation seeks to create the Nigerian Fintech Regulatory Commission, which would oversee licensing, supervision and regulation of fintech companies and digital payment operators. Speaking at a public hearing organised by the House Joint Committee on Banking and Technology, Speaker Dr Abbas Tajudeen said financial […]
President Bola Ahmed Tinubu has mandated the Infrastructure Concession Regulatory Commission (ICRC) to oversee the execution of the Federal Government’s National Gas Infrastructure Command Centre (NGCC) strictly under a Public Private Partnership arrangement, making it clear that no public funds or government guarantees will be committed to the project. The directive reinforces the administration’s determination to rely on private capital for major infrastructure development while shielding the treasury from […]
The further boost transportation network in the country towards improving productivity and efficiency, a tech entrepreneur has formally Unveiled a Digital Platform To Address Transparency, Delays & Rising Importation Costs For Car Dealers in Nigeria. At the official launching of the Technology driven logistics platform in Abuja, the Chief Executive Office and Founder, Chief Valentine Uzuegbu said the forum was aimed at resolving the long-standing operational and financial challenges facing […]
The Federal Government has signed a landmark $1.3 billion Memorandum of Understanding with the Africa Finance Corporation (AFC) to develop a major alumina refinery and strengthen Nigeria’s solid minerals sector. The agreement, signed through the Solid Minerals Development Fund (SMDF), covers three key initiatives: construction of a $1.3 billion alumina refinery, a nationwide geoscience mapping programme, and the establishment of a joint strategic investment vehicle to accelerate mineral exploration and […]
First Lady, Oluremi Tinubu, has urged members of the National Assembly to recognise that they remain accountable to God for the laws they pass, as she commissioned a chapel within the parliament complex in Abuja. "The chapel was built by the National Assembly Christian Legislators Fellowship and had been in the works for years. "Its foundation was laid during the Eighth Assembly by former Speaker Yakubu Dogara, but the project […]
The Federal Government has expressed deep concern over escalating tensions in the Gulf region, warning that further hostilities could pose serious threats to regional and global stability. In a statement issued by the Spokesperson of the Ministry of Foreign Affairs, Kimiebi Ebienfa, Nigeria calls on all parties involved to exercise maximum restraint and avoid actions that could worsen the situation. The government stresses the need to prioritise dialogue […]
The All Progressives Congress, APC says the party will continue to work hard in ensuring that the nation's democracy thrives . The National Chairman of the Party, Professor Nentawe Yilwatda stated this while inaugurating the Governing Council of the Progressive Institute established for training and research for political office holders and other elected leaders of the party for effective representation while in office. The APC National Chairman explained that the […]
In a significant measure to boost productivity and efficiency in the Federal Civil Service, the Federal Ministry of Justice has reiterated commitment towards recognizing the efforts of staff of the ministry and sister agencies. The Attorney General of the Federation AGF, and Minister of Justice Abdulateef Fagbemi, SAN who stated this at the 2025 Justice Sector Reward and Recognition Ceremony with the Theme;" Leveraging Technology For A Start And Agile […]
