Mr Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), has advocated stronger regional collaboration to drive Africa’s energy future. Speaking at the ongoing Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) in Lagos on Tuesday, Lokpobiri called for the creation of frameworks that would encourage collaboration and prevent competition among African nations. READ MORE
Nigeria: CBN reviews ATM transaction fees, removes free monthly withdrawal fee from other banks ATM
The Central Bank of Nigeria has announced new Automated Tellar Machine ( ATM) withdrawal guidelines including removal of three free monthly withdrawals allowed in other banks’ ATM. The apex bank in a circular signed by it Ag. Director, Financial Policy and Regulation Department, John Onojah imposed a withdrawal fee of between N100 and N600 READ MORE
Dangote Refinery reduces diesel price, by N55 to N1,020 per Litre
Dangote Petroleum Refinery & Petrochemicals has reduced the cost of its diesel product to N1,020 per litre, down from N1,075 per litre at the gantry price, in an effort to better serve its customers and Nigerians in general. Since it began diesel production in January 2024, the refinery has reduced the price of diesel READ MORE
NASENI boss directs institute under the agency to first patronize NASENI’s technologies and products
The Management of the National Agency for Science and Engineering Infrastructure (NASENI) has directed all Development Institutes of the Agency to henceforth patronize themselves first, to ensure collaboration and to enhance the drive toward full commercialization of products and technologies from the Agency. According to a statement by Mr. Olusegun Ayeoyenikan, Director of Information, READ MORE
Nigeria: FG plans tourism hub to boost diaspora investment
Nigeria’s Minister of Arts, Culture, Tourism, and Creative Economy, Hannatu Musawa, on Monday, announced that the Federal Government is developing a Diaspora City to enable citizens abroad to invest and reconnect with their roots. Musawa made this known in Abuja during the announcement of the Motherland 2025 initiative. She noted that the ministry READ MORE
FG reiterates commitment to stronger climate action, sustainable land mgt in North
The Federal Ministry of Environment has pledged its commitment to ecological restoration and climate resilience across the 19 northern states of Nigeria through strong policies and strategic interventions. Speaking at a stakeholder engagement meeting in Sokoto on Monday, the National Coordinator of the Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) project, Abdulhamid Umar, emphasised the READ MORE
ICRC, World Bank explore capital market option to fund infrastructure in Nigeria
The Federal Government of Nigeria has confirmed discussion with the International Finance Corporation (IFC) to explore capital market and funding options in Nigeria for infrastructure development through Public Private Partnerships (PPP). A statement issued by Ifeanyi Nwoko, the Acting Head, Media and Publicity, ICRC on Sunday in Abuja, said this was the focus of READ MORE
Lagos govt eyes increased IGR to fund infrastructure
The Lagos State Government is working on increase in Internally Generated Revenue to finance its ambitious infrastructure projects, allocating N1.052tn—31.27% of its N3.367tn budget for 2025—to various developmental initiatives. At a press briefing on Friday in Alausa, Ikeja, the Commissioner for Economic Planning and Budget, Ope George, alongside the Commissioner for Finance, Abayomi Oluyomi, READ MORE
Nigeria govt to toll 100% completed major roads in six geopolitical zones – Umahi
Nigeria’s Minister of Works, David Umahi, has confirmed that the that Federal Government will toll major roads that have been fully completed within the six geopolitical zones and key economic corridors to ensure effective infrastructure maintenance. Speaking while inspecting the ongoing construction on the Abuja-Kaduna dual carriageway, he stated that the Federal Government was READ MORE
Nigeria govt plans stakeholders’ engagement for 12-year basic education model
Nigeria’s Minister of Education, Dr. Tunji Alausa, on Friday, said the government would engage stakeholders over the proposed 12-year basic education model. The minister made this known during a press briefing in Abuja. Alausa earlier at the Extraordinary National Council on Education Meeting in Abuja on Thursday, presented a proposal that aims to READ MORE
Nigeria: Minister unveils contactless platform to ease passport renewal in Europe
The Federal Government of Nigeria has introduced a Contactless Passport Renewal System in Europe to enable citizens to renew their passports effortlessly. The system will allow eligible Nigerians to renew their passports online without visiting an embassy or consulate, reducing waiting times and eliminating the inconvenience of travel. According to a statement, the READ MORE
Lagos’ poultry farmers project drop in egg prices with N500m govt subsidy
The Poultry Association of Nigeria (PAN), Lagos State chapter, has projected a drop in the price of eggs with the sustenance of the state farmers’ feed subsidy. The Chairman Poultry Association of Nigeria (PAN), Lagos State chapter, Mr Mojeed Iyiola, said this in an interview with the News Agency of Nigeria (NAN) on Friday READ MORE
Nigeria must build economy that can weather all storms – Makinde
Oyo State governor, ‘Seyi Makinde, has declared that for Nigeria to beat the poverty trap and become a prosperous country, its economy must be built to weather all storms. The governor added that the country must also raise entrepreneurs and improve the standard of education, stating that in spite of Nigeria’s natural resources, its READ MORE
Lagos govt earmarks N1,052trn for infrastructural development in Budget 2025
*Commissioners reiterate Sanwo-Olu’s commitment to completion of ongoing projects Lagos State Government said it has earmarked N1.052 trillion in its 2025 budget for infrastructural sustainability, in line with Governor Babajide Sanwo-Olu’s administration’s plan to complete ongoing projects in different parts of the State. This was disclosed by Lagos State Commissioner for Economic Planning READ MORE
Nigeria: FG seeks reversal of mother tongue policy in primary schools
The Federal Government has urged the National Council on Education (NCE) stakeholders to approve the reversal of the use of mother tongue as the medium of instruction from Primary one to six. The Minister of State for Education, Prof. Suwaiba Ahmad, made the appeal at the 2025 Extraordinary National Council on Education Meeting in READ MORE