Industry

*Gbenga Komolafe The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, is set to enhance transparency and accountability in Nigeria’s oil and gas sector through the implementation of the Advance Cargo Declaration Solution and…
Read More...

The Central Bank of Nigeria (CBN) has imposed fines of N150 million each on nine Deposit Money Banks (DMBs) for failing to dispense cash via Automated Teller Machines (ATMs) during the festive season. This enforcement action follows…
Read More...

The Federal Inland Revenue Service (FIRS) has moved to calm the nerves of Nigerians, particularly those in northern Nigeria, over the proposed tax reform bills. According to FIRS Chairman, Zacch Adedeji, the tax reforms are not…
Read More...

The Minister of Power said many Nigerians need orientation to realise that the power sector is a national asset that needs protection. The Federal Ministry of Power is proposing to spend N8 billion to orientate Nigerians on prompt…
Read More...

The Ihovbor 230MW power plant has successfully rejoined the national grid after more than a decade-long hiatus, in a major boost to Nigeria’s energy sector. Nigeria has faced a persistent energy crisis with frequent blackouts and…
Read More...

gov sule.. Governor Abdullahi Sule of Nasarawa State has explained why he reversed his stance on the controversial tax reforms bill, stating that his concerns regarding the bill have been addressed. Governor Sule, who was one of the…
Read More...

The Transmission Company of Nigeria (TCN) has refuted claims indicating that the national grid has collapsed. In a statement issued on Saturday, TCN spokesperson Ndidi Mbah emphasized that the national grid remained stable and fully…
Read More...

A former chieftain of the Labour Party (LP), Kenneth Okonkwo, has advocated a reduction in the price of petrol in Nigeria to make it affordable for citizens. Okonkwo argued that there is nothing to celebrate about the resumption of…
Read More...

The Federal Government will this month begin direct payment of monthly allocations to the 774 local governments. The commencement marks the termination of an age-old practice whereby the allocations are channelled through states. …
Read More...

The Nigerian National Petroleum Company Limited (NNPC) has been queried for financial irregularities by the Auditor-General of the Federation, who claims that the company diverted ₦2.68 trillion and $9.77 million over the past four…
Read More...