A decades-long dispute over Oil Prospecting Licence (OPL) 245, one of Nigeria's most commercially significant deepwater oil blocks, was resolved, President Bola Tinubu announced on Thursday. According to the presidency, the deal opens the door for a development that might increase the nation's production capacity by almost 150,000 barrels per day. The president's administration described the deal as a "historic settlement" that would enable the exploitation of one of Nigeria's most strategically significant deepwater resources, although specifics were not disclosed.

The minister of education, Tunji Alausa, says that compliance with the Nigeria Education Repository and Data Park (NERD) is now mandatory for participation in or exemption from the National Youth Service Corps (NYSC).

President Bola Ahmed Tinubu on Tuesday nominated Mr Taiwo Oyedele as Minister of State for Finance, replacing Dr Doris Anite-Uzoka in a fresh cabinet reshuffle. Anite-Uzoka has been redeployed to the Ministry of Budget and National Planning as Minister of State, marking her third ministerial assignment under the current administration.