The NNPC/Heirs Energies OML 17 Joint Venture has advanced Nigeria’s gas commercialisation and environmental protection drive with the symbolic signing of Gas Flare Commercialisation Agreements under the Nigerian Gas Flare …
Radarr Africa
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BusinessClimate ChangeEnvironmentOil & GasPower Sector
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AgricultureBanking, Finance & InvestmentEconomyGovernancePoliciesRural DevelopmentTechnology
CBN Tasks ACGSF Board to Remove Collateral Barriers
The Central Bank of Nigeria (CBN) has charged the newly inaugurated Board of the Agricultural Credit Guarantee Scheme Fund (ACGSF) to ensure that lack of collateral and remote location no …
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BusinessClimate ChangeEconomyEnergyInternational TradeOil & Gas
NLNG Calls for Stronger Global Cooperation to Stabilise LNG Supply and Protect Energy Access
Nigeria LNG Limited (NLNG) has called on global energy leaders to deepen cooperation and strategic partnerships to stabilise Liquefied Natural Gas (LNG) supply, improve affordability for emerging economies, and secure …
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Banking, Finance & InvestmentBusinessCapital MarketCryptocurrencyCyber securityLegal Affairs
SEC to seize CBEX’s N1.3tr cash over ponzi scheme
The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the immediate freezing of bank accounts linked to Crypto Bridge Exchange (CBEX) and 25 …
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BankingEconomyFinance & ServicesGovernment PolicyINVESTMENTMarket Forecast
Naira Weakens Slightly at Official Market as Dollar Demand Increases Toward Year-End
Nigeria’s currency recorded a slight weakening at the official foreign exchange market on Monday, as the naira closed at N1,451.86 per US dollar, compared to N1,450.43 per dollar recorded at …
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BankingEconomyFinance & ServicesForex TradingGovernment PolicyMarketsRegulation
CBN Approves Only 82 Licensed BDCs After New Forex Rules, Warns Nigerians Against Unauthorised Operators
The Central Bank of Nigeria has confirmed that only 82 Bureaux De Change (BDCs) have been granted final approval to operate in the country after meeting its new and stricter …
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AviationBankingFinanceFinancial InclusionRegional EconomyTravel & Tourism
TAJBank Signs MoU with NAHCON to Boost Hajj Savings Scheme for Nigerian Pilgrims
TAJBank Limited has signed a Memorandum of Understanding (MoU) with the National Hajj Commission of Nigeria to support and expand the Hajj Savings Scheme (HSS) for aspiring pilgrims across the …
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Government PolicyLaw and JusticeNational AssemblyPoliticsPublic SafetySecurity
Senate Moves to Classify Kidnapping as Terrorism, Pushes Death Penalty to Tackle Insecurity
In response to growing security challenges across the country, the Nigerian Senate has stepped up moves to restore internal peace, order and stability by proposing tougher laws against kidnapping, hostage-taking …
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BusinessGOVERNMENTInfrastructureManufacturingPower & Energy,Renewable Energy
NDPHC Restores 450MW to National Grid After Geregu Plant Maintenance
The Niger Delta Power Holding Company has successfully restored an additional 450 megawatts (MW) of electricity to the national grid following the completion of scheduled maintenance at the Geregu National …
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BusinessEconomyEnergyGOVERNMENTINVESTMENTOil & GasPolicies
FG Cuts Oil Block Signature Bonus to $3m–$7m
The Federal Government of Nigeria has reduced the signature bonus required for participation in the 2025 oil block licensing round, in a major move aimed at attracting more investors into …