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Engr. Gbenga Komolafe, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has reaffirmed the commission’s commitment to transparency ahead of a new licensing round set for December 1. He spoke at the conclusion of a two-day strategic workshop organized by the Commission’s Corporate Communications and Media Unit in Lagos. Represented by the Deputy…

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Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has stated that the new Capital Gains Tax (CGT) will make Nigeria’s capital market more competitive and investor-friendly. He spoke at a virtual lecture organized by the Capital Market Academics of Nigeria (CMAN). Oyedele noted that, despite some negative perceptions, the CGT is…

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The Federation Accounts Allocation Committee (FAAC) has shared a total of N2.094 trillion from October 2025 revenue among the Federal Government, 36 states, and 774 local government councils. The allocation was confirmed at the FAAC meeting held in Abuja. The total distributable revenue comprised: Gross revenue for October stood at N2.934 trillion, with N115.278 billion…

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The Nigerian stock market has recorded an unprecedented N10 trillion turnover, driven by growing confidence from both foreign and domestic investors in the country’s macroeconomic outlook and the earnings potential of listed companies. Data from the Nigerian Exchange (NGX) shows that total transactions in the first 10 months of 2025 reached N9.57 trillion, more than…

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Pipeline Infrastructure Nigeria Limited (PINL) has launched a program to empower 2,000 women from communities along the Eastern Corridor of the Trans Niger Pipeline (TNP), in line with its Corporate Social Responsibility (CSR) policies. The beneficiaries, drawn from 215 host communities across Rivers, Bayelsa, Abia, and Imo States, will receive business support aimed at strengthening…

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The Nigerian Pension Commission (NPC) has begun rebranding its existing micro-pension plan for informal sector workers as the Personal Pension Plan (PPP), aimed at covering millions of Nigerians outside the formal workforce. Speaking at the Second Run 2025 Consultative Forum for States and the FCT in Benin City, NPC Director-General, Ms. Omolola Oloworaran, highlighted that…

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Closeup has unveiled a new initiative designed to help young Nigerians move beyond the casual “talking stage” and foster more meaningful romantic relationships. The Closeup Talking Stage Party, a first-of-its-kind social experience, made its debut in Owerri, Imo State, bringing together 25 couples for an evening of interactive games, music, laughter, and guided activities aimed…

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President Bola Ahmed Tinubu’s policies have strengthened Nigeria’s macroeconomic indicators, boosted investor confidence, and attracted foreign direct investment, according to a support group. At a press conference in Abuja, Comrade Peter Ilefa, Director-General of Forward With Bola Ahmed Tinubu 2027, highlighted the administration’s tax reforms, set to take full effect in 2026. These reforms aim…

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The Lagos State Government has recognized 33 outstanding young agripreneurs with a total of N150 million for their contributions to the state’s agricultural and food systems. The event, organized by the Ministry of Agriculture and Food Systems, highlighted Lagos’ role as a hub for innovation and economic growth. Governor Babajide Olusola Sanwo-Olu, represented by Deputy…

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At the NIIA Trade and Investment Forum 2025 in Lagos, trade experts, policymakers, and industry leaders discussed the steps Nigeria must take to achieve a $1 trillion economy. The forum, themed “Reform to Results: Building a Trade-Ready Nigeria in the Emerging Global Order,” emphasized strategic reforms, infrastructure, and private sector engagement. Key Insights: Conclusion:Experts agree…

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