President Bola Tinubu is seeking the confirmation of Taiwo Oyedele as the minister of state for finance, which was contained in a letter addressed to the Senate and read by Senate President Godswill Akpabio during plenary on Tuesday.
Escalating tensions in the Middle East are beginning to ripple through Nigeria's economy, as rising global crude oil prices push up the cost of petrol and trigger increases in transport fares and food prices across several parts of the country. Across major cities including Lagos, Abuja, Kano, Kaduna, Port Harcourt and Yenagoa, motorists and commuters are facing a fresh round of petrol price adjustments, with the pump price of Premium Motor Spirit (PMS) climbing to between N1,020 and N1,100 per litre at many filling stations.
President Bola Tinubu has approved the posting of 31 career and 34 non-career ambassadors.
The Federal Government of Nigeria (FGN) has disclosed the official launch of a digital trade platform, the National Single Window (NSW), scheduled for March 27, 2026.
A Deputy Inspector-General of Police (DIG), Frank Mba, is set to voluntarily resign from the Nigeria Police Force (NPF).
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.
