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Oil Well Exploitation: Tinubu Approves Concessions for Shell’s Bonga South-West 

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President Bola Tinubu has approved the gazetting of targeted, investment-linked concessions to support Shell’s proposed Bonga South-West deep-offshore oil project. He directed his Special Adviser...

FEC Approves 2026–2028 MTEF, Targets N34.3trn Revenue 

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The Federal Executive Council (FEC) on Wednesday approved the 2026–2028 Medium-Term Expenditure Framework (MTEF), outlining revenue projections, fiscal assumptions and spending priorities for the...

AFDP Approves €500m Loan for Nigeria’s Energy Transition Reforms, Economic Governance 

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The Board of Directors of the African Development Bank (AfDB) Group has approved a 500 million dollars loan to Nigeria. The loan is to enable...

Customs Board Approves Appointment of New Management Members, Special Promotions 

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The Nigeria Customs Service Board (NCSB) has approved the appointment of new management members and special promotions following its 64th Regular Meeting, held on...

NUPRC Approves TotalEnergies’ $510m Shell, Agip Deal 

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has approved $510 million Sales Purchase Agreement (SPA) by TotalEnergies Exploration and Production Nigeria Ltd. This agreement allows...
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