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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has thrown its weight behind the federal government’s decision to withdraw royalty collection powers from the commission, describing the move as a step towards greater fiscal clarity and efficiency. The upstream regulator also justified the relatively low signature bonuses set for the ongoing 2025 licensing […]
Stakeholders in the Niger Delta region have rejected calls from some quarters to decentralise the pipeline security contract awarded to Tantita Security Services Nigeria Limited (TSSNL). The stakeholders, who came under the Niger Delta ex-militants, Board of Trustees (BoT), Critical Stakeholders Forum (CSF) and the Foundation for Heritage Advancement and Development in […]
Chariot Resources Limited, an Australian firm, has announced the acquisition of six lithium mining licences, marking its entry into Nigeria’s lithium sector. In a statement dated March 10, Chariot said the Mining Cadastre Office (MCO) approved the transfer of the licences to C&C Minerals Limited, a Nigerian subsidiary. The company said approvals cover […]
The manufacturing sector in Nigeria continued to show strong growth in its tax contributions throughout 2025. According to data from the National Bureau of Statistics, the sector paid N1.17 trillion in Value Added Tax (VAT), which is a 45.61% increase from N803.53 billion recorded in 2024. This rise shows that manufacturing remains one of the […]
Iran has spoken out strongly against new limits placed by the United States on ships moving through international waters. The country says these rules are wrong and go against basic laws of the sea. Officials in Iran see the action as a direct threat to free shipping routes that many nations rely on every day. […]
The Joint Admissions and Matriculation Board (JAMB) has changed the arrival time for candidates taking the 2026 Unified Tertiary Matriculation Examination (UTME). Candidates are now required to arrive at their examination centres earlier than before. This adjustment is meant to ensure a smooth and orderly conduct of the exam across the country. According to the […]
The Lagos State Police Command has dismissed rumours of a cult clash that went viral on social media. The police said there was no truth in the reports of fighting between rival cult groups in the state. They urged the public to ignore the false information and avoid spreading panic. According to the police, the […]
The Inspector General of Police has declared war against extortion and abuse of rights by officers. He made the announcement to all police commands across the country. The IG said no officer will be allowed to harass citizens or collect money from them illegally. This move is aimed at restoring public trust in the police […]
The Central Council of Ibadan Indigenes (CCII) has criticised former Ekiti State governor, Ayodele Fayose, over claims that Oyo State Governor Seyi Makinde is planning to remove the Olubadan of Ibadanland, Rashidi Ladoja. Fayose’s allegation, which has sparked reactions across Oyo State, was described by the council as unfounded and capable of causing unrest in […]
China on Monday rejected allegations that it has supplied or plans to supply weapons to Iran, describing the claims as unfounded and misleading. The denial follows reports by U.S. media outlets citing intelligence sources that suggested Beijing was preparing to deliver military equipment to Tehran. In response, China’s foreign ministry spokesman, Guo Jiakun, said the […]
