Nigeria Grants Foreign Carrier Operation Permit to Air Tanzania
The Federal Government has officially granted the Foreign Carrier Operation Permit (FCOP) to Air Tanzania Company Limited (ATCL) at the Ministry of Aviation and Aerospace Development headquarters in Abuja. In a statement on Tuesday, the Ministry’s…
Nigeria’s Foreign Reserves Rise to $40.11 Billion, Highest Since November 2024
Nigeria’s external reserves have risen to $40.11 billion as of July 2025, the highest level since November 2024, according to Central Bank Governor Yemi Cardoso. He made the announcement during the Monetary Policy Committee (MPC) briefing on Monday, July…
Dangote Moves to Build Nigeria’s Largest Deep Seaport, Eyes LNG Export Expansion
Africa’s richest man, Aliko Dangote, has formally applied to begin constructing a deep seaport near his fertilizer and oil refinery plants, aiming to boost exports—including liquefied natural gas—and strengthen his fast-growing industrial operations,…
Nigeria Ranks Third in Africa on 2025 Global Military Strength Index
Nigeria has been ranked third among African countries in the 2025 Global Military Strength Index released by Global Firepower (GFP). The annual index evaluates military capabilities using over 60 factors, including personnel, equipment, budget,…
Nigeria Moves to Acquire 12 AH-1Z Viper Helicopters in Strategic Talks with U.S.
The federal government is in talks with the United States to procure 12 AH-1Z Viper attack helicopters. Nigeria’s Chief of the Air Staff, Air Marshal Hasan Abubakar, led a high-level delegation to the US for a Program Management Review Meeting focused on…
Nigeria, JICA Move to Finalise ¥15bn Loan Deal for Food Security Boost
The Federal Government has ramped up discussions with the Japan International Cooperation Agency (JICA) to expedite the implementation of a ¥15 billion (approximately $110 million) emergency loan aimed at strengthening food security across Nigeria. This…
Nigerian Military Arrests Four Pakistani Nationals for Alleged Terrorist Links in North-East
At least four Pakistani nationals have been arrested by the Nigerian military for alleged involvement in terrorism-related activities. Major General Abdulsalam Abubakar, Theatre Commander of Operation Hadin Kai, revealed this on Wednesday while briefing…
Nigeria’s Crude Oil Output Rises in April as New Obodo Blend Hits Global Market
Nigeria’s crude oil production, including condensates, increased month-on-month to 1.486 million barrels per day (bpd) in April 2025 from 1.401 million bpd in March, according to the Organisation of the Petroleum Exporting Countries (OPEC). OPEC…
Tinubu Approves National Forest Guards to Combat Insecurity Across Nigeria
President Bola Tinubu has approved the creation of a national forest guard programme to help tackle terrorism, banditry, and kidnapping across Nigeria’s 1,129 forests. The initiative, managed jointly by the Office of the National Security Adviser and the…
UAE Joins $25bn Nigeria-Morocco Mega Gas Pipeline to Power Africa and Europe
The United Arab Emirates has officially joined the list of backers for the monumental $25 billion African-Atlantic Gas Pipeline, which will connect Nigeria to Morocco and ultimately supply gas to Europe. Morocco’s Minister of Energy Transition and…