In a statement dated 24 September 2025 and signed by Segun Imohiosen, Director of Information and Public Relations, the government frames this anniversary as a call for collective action involving citizens, civil society, the private sector, and government institutions. The theme emphasizes the need for working together to strengthen national unity and promote lasting peace,…
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) have strongly rejected an alleged plan by the Federal Government to divest a significant portion of its stakes in Joint Venture (JV) oil assets operated with international oil companies. The resistance comes in…
Oil prices rose for a second consecutive day on Wednesday following the Central Bank of Nigeria’s decision to cut its benchmark interest rate. On Tuesday, the CBN reduced the Monetary Policy Rate (MPR) by 50 basis points — from 27.5% in July to 27% — marking its first rate cut in five years. Brent crude…
