BREAKING: 31 firms win 37 oil, gas blocks in Nigeria’s 2025 Licensing Round
by Abdulkareem Mojeed on July 21, 2026 at 7:31 PM
Thirty-one companies have emerged winners of 37 oil and gas blocks in Nigeria’s 2025 Licensing Round after a competitive commercial bid process in Abuja. The post BREAKING: 31 firms win 37 oil, gas blocks in Nigeria’s 2025 Licensing Round appeared first on Premium Times Nigeria.
Senate panel screens AMCON chair, asks corporation to prepare report ahead of wind-down
by Abdulqudus Ogundapo on July 21, 2026 at 7:16 PM
The committee said the report, detailing AMCON’s achievements and outstanding responsibilities since its establishment, should be presented to the National Assembly as it prepares to wind-down in 2030. The post Senate panel screens AMCON chair, asks corporation to prepare report ahead of wind-down appeared first on Premium Times Nigeria.
Why lower Naira denominations are scarce – Cardoso
by Omotoyosi Idowu on July 21, 2026 at 6:36 PM
Mr Cardoso stressed on Tuesday that the availability of lower denominations is largely determined by public demand within the payments ecosystem. The post Why lower Naira denominations are scarce – Cardoso appeared first on Premium Times Nigeria.
Nigeria’s external reserves rise to $52.5 billion, enough for 11 months’ imports
by Omotoyosi Idowu on July 21, 2026 at 5:34 PM
The apex bank said the increase in gross reserves is driven largely by crude oil-related tax receipts and third-party inflows into the economy. The post Nigeria’s external reserves rise to $52.5 billion, enough for 11 months’ imports appeared first on Premium Times Nigeria.
CBN targets single-digit inflation by 2027 despite global shocks
by Omotoyosi Idowu on July 21, 2026 at 5:05 PM
Despite the global shocks, Mr Cardoso said the CBN still intends to deepen and strengthen its policies to contain rising inflation and bring it to single digits. The post CBN targets single-digit inflation by 2027 despite global shocks appeared first on Premium Times Nigeria.
