Copenhagen, July 9, 2025 Denmark is set to become the first European country to grant citizens copyright ownership of their face, voice, and physical likeness in response to growing concerns over AI-generated deepfakes. The proposed law, backed by a broad parliamentary majority, is expected to be finalized this autumn and submitted for EU-wide support during Denmark’s upcoming
In a major policy shift, the United States Department of State has announced an update to its nonimmigrant visa issuance rules for Nigerian passport holders. Effective Tuesday, July 9, 2025, the U.S. will now issue most categories of nonimmigrant and non-official visas to Nigerians on a single-entry basis, with a validity period of just three
In a major boost for Nigeria’s oil and gas industry, over 130 indigenous companies have tapped into the $400 million Nigerian Content Intervention (NCI) Fund to enhance capacity and deepen local participation in the sector. The move marks a significant step forward in the nation’s long-standing drive to promote local content and reduce dependence on
In a significant development that could shape the pricing dynamics of petroleum products across Nigeria, the Dangote Petroleum Refinery has officially reduced its ex-depot price for Premium Motor Spirit (PMS), commonly known as petrol, to ₦820 per litre. This adjustment, confirmed by sources within the oil and gas industry, comes as part of efforts by
In a decisive move to promote transparency and efficiency within Nigeria’s banking sector, the Central Bank of Nigeria (CBN) has issued a fresh set of operational guidelines aimed at standardising credit reporting practices among commercial banks and other financial institutions. The apex bank stated that the new rules are designed to enhance data accuracy, ensure
Abuja, July 9, 2025 The Federal Government, through the Federal Competition and Consumer Protection Commission (FCCPC), has shut down the Schengen visa application centres for France, Belgium, and Italy in Abuja over repeated violations of consumer rights and obstruction of investigation. The centres, operated by TLSContact, were sealed following several unresolved complaints from Nigerians who
Lagos, July 9, 2025 — The Corporate Accountability and Public Participation Africa (CAPPA) has warned that Nigeria is forfeiting more than ₦200 billion each year due to its underwhelming sugary drink tax, emphasizing the urgent need for reform to address health and economic costs. Presenting at a public health symposium in Lagos, CAPPA’s Executive Director, Akinbode Oluwafemi,
Abuja, July 9, 2025 — The Central Bank of Nigeria (CBN) has issued a directive mandating all commercial banks to submit detailed Capital Restoration Plans (CRPs) by July 14, 2025, as part of its exit strategy from COVID-era regulatory forbearance. The circular, signed by the Director of Banking Supervision, Olubukola Akinwunmi, stipulates that affected banks must present
Abuja, July 9, 2025 — The Federal Government, through the Ministry of Interior and Nigeria Immigration Service (NIS), today inaugurated a dedicated Passport Front Office at the NIS headquarters in Abuja to streamline passport services for senior public officials. Minister of Interior, Dr. Olubunmi Tunji‑Ojo, explained that the move was prompted by persistent delays senior officials faced at
Abuja, July 9, 2025 — The Central Bank of Nigeria (CBN) has issued a warning that persistent increases in input costs across key sectors may soon trigger a resurgence in consumer price inflation. The alert follows the release of the June 2025 Purchasing Managers’ Index (PMI) report by the bank. According to the CBN, input
