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NMDPRA unveils new rules in bid to curb monopoly, market abuse in petroleum sector

By Obas Esiedesa, Abuja The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled proposed regulations aimed at curbing monopoly, abuse of market dominance, collusion and other anti-competitive practices in Nigeria’s petroleum midstream and downstream sectors. The proposed “Midstream and Downstream Petroleum Prevention of Anti-Competitive Practices and Behaviour Regulations, 2026” are also designed to […]

Road transport: Nigeria nearly a century behind — FG

The Federal Government has begun moves to overhaul Nigeria’s road transport sector, targeting safer roads, modern vehicle fleets, digital systems and stronger regulation in an industry that carries more than 90 per cent of the country’s passengers and freight.

CBN cuts interest rate to 23%

The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has reset the monetary policy rate (MPR) to 23 per cent.

2027: Labour Party mobilisation directorate opens door to new alliance

By Luminous Jannamike ABUJA — The Labour Party’s Directorate of Mobilization and Integration, DMI, has opened consultations on possible new political and institutional alliances ahead of the 2027 general elections. The move signals that the mobilisation directorate is keeping its options open ahead of the elections, even as it maintains its strategic relationship with the […]

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