Category : Search result: petroleum regulation


Tinubu Nominates Oritsemeyiwa Eyesan as NUPRC CEO

President Bola Tinubu nominates Oritsemeyiwa Eyesan, an NNPC veteran with 33 years of experience, as the new Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Discover her career journey and strategic impact on Nigeria's oi

NMDPRA, NUPRC Chiefs Resign After Dangote's Allegations

President Tinubu seeks Senate confirmation for new oil sector chiefs after Farouk Ahmed and Gbenga Komolafe resign. The move follows Aliko Dangote's public allegations of multi-million dollar school fees payments. Read the full details.

New Gaming Law Signed in Enugu, Takes Effect 2026

Governor Peter Mbah has enacted the Enugu State Gaming and Lottery Commission Law 2025, replacing a 2004 law. The new regime introduces strict oversight, consumer protection, and a charitable trust fund.

Nigeria's oil rigs stuck at 41 amid OPEC expansion

Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.

CBN Withdraws Licenses of Two Mortgage Banks

The Central Bank of Nigeria has revoked the operating licenses of Aso Savings and Union Homes for regulatory breaches. Discover the full story and what it means for Nigeria's financial sector.

CSOs Defend NMDPRA Against Dangote's Allegations

A coalition of Civil Society Organisations has defended the NMDPRA against claims of undermining regulatory independence. They absolve CEO Farouk Ahmed of corruption, citing his adherence to the PIA. Read the full story.

Police Resume Tinted Glass Enforcement Jan 2, 2026

The Nigeria Police Force announces the resumption of tinted glass permit enforcement on January 2, 2026, citing security concerns. The move sparks public debate as the case remains in court.

NASS Steps into Dangote, NMDPRA Face-Off

The House of Representatives committee has summoned Aliko Dangote and NMDPRA leaders to halt public feuding and resolve sector tensions. Read the full details.

House of Reps Intervenes in Dangote, NMDPRA Dispute

The House of Representatives has stepped in to mediate the escalating conflict between Dangote Refinery and the NMDPRA. Both parties have been summoned to present their cases. Read the full story.

EU fines Elon Musk's X €120m for DSA rule breaches

The European Union has imposed a €120 million fine on Elon Musk's X for violating the Digital Services Act over deceptive blue checks and ad transparency. Read the full story on the clash between Brussels and Washington.

TikTok to Block Under-16s in Australia from Dec 10

TikTok will comply with Australia's new social media ban for under-16s starting December 10. The law, a world-first, imposes heavy fines. Read how this affects Nigerian youth and global policy.

NCS Seizes N181.6m Petroleum Products in Adamawa

Nigeria Customs Service intercepts smuggled fuel worth N181.6 million near Cameroon border in eight weeks. ACG Kolapo Oladeji warns smugglers face life imprisonment. NNPCL also announces another petrol price cut.

Oshiomhole's OPay, Moniepoint Accounts Hacked

Senator Adams Oshiomhole recounts his ordeal with hackers who siphoned funds from his fintech accounts, calling for stricter regulations. OPay responds to shutdown rumours.

EU Investigates Meta Over WhatsApp AI Competition

The European Union has opened an antitrust investigation into Meta, concerned its new WhatsApp AI policy may stifle competition. This marks the bloc's latest move to regulate Big Tech.

Legal Experts Push for Stronger African Privacy Laws

At the 7th Privacy Symposium Africa in Lagos, experts called for robust data protection laws, enforcement, and ethical tech to safeguard vulnerable groups, especially children, in the digital age.

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