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Industry
Tinubu Issues Executive Order To Safeguard Federation Oil And Gas Revenues
...Enhance Regulatory Clarity
President Bola Ahmed Tinubu, GCFR, signed an Executive Order aimed at realigning oil and gas revenue flows with constitutional requirements. The Order signed last week, seeks to strengthen fiscal!-->!-->!-->!-->!-->…
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My Meeting With Venezuelan Ambassador To South Africa – NJ Ayuk
By NJ Ayuk JD, MBA
Great meeting today with Venezuela’s ambassador to South Africa H.E. Carlos Feo Acevedo. We discuss a lot of about collaboration between Africa and Venezuela and Making Energy Poverty History.
Venezuela holds!-->!-->!-->!-->!-->!-->!-->…
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Remittance of 1% Nigerian Content Levy Still Mandatory – NCDMB
*Access to Approvals, Services Dependent on Payment Certificate
Engr. Felix Omatsola Ogbe, Executive Secretary of NCDMB
The Nigerian Content Development and Monitoring Board (NCDMB) on Tuesday reminded operators, contractors, and!-->!-->!-->!-->!-->…
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NGX: Heavyweight Stocks, Pension Fund Reforms Drive 6.16% Weekly Gain
The Nigerian equities market closed Friday on a positive note, gaining N6.79 trillion as investor sentiment strengthened amid heightened trading activity.
Market capitalisation of listed equities increased 6.16 per cent to!-->!-->!-->!-->!-->…
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Nigeria’s External Reserves Rise Towards $49bn, Boosting FX Confidence
Nigeria’s external reserves have climbed toward the $49 billion threshold, signaling improved foreign exchange liquidity and strengthening macroeconomic confidence.
The development reflects sustained inflows and ongoing reform!-->!-->!-->!-->!-->…
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Ooni Projects Nigeria For Foreign Investments As Africa’s Emerging Mining Hub
The Permanent Chairman of the Southern Nigeria Traditional Rulers Council (SNTRC), Arole Oodua Olofin Adimula and the Natural Head of the Oduduwa race worldwide, Ooni Adeyeye Enitan Ogunwusi, CFR, Ojaja II, the Ooni of Ife has urged!-->!-->!-->…
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Prof Iledare Cautions Usage Of ‘Monopoly’ In Oil Industry
Professor Wumi O. Iledare
By Saidu Abubakar
The usage of the word "monopoly" certain stakeholders in the oil industry has vehemently been frowned at by a renown petroleum expert, Professor Wumi O. Iledare. He was reacting to a media!-->!-->!-->!-->!-->…
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Price Crisis: NARTO Urges FCCPC, NMDPRA To Tackle Monopoly
The Nigerian Association of Road Transport Owners (NARTO) has urged key regulatory bodies to intervene decisively in Nigeria’s downstream oil sector, warning that alleged monopolistic practices are driving fuel prices higher and!-->!-->!-->…
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VAT removed on land, buildings, rent — Oyedele
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said that land, buildings and rent are now fully exempted from Value Added Tax (VAT) under the Nigeria Tax Act 2025.
Oyedele explained that!-->!-->!-->!-->!-->…
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Inside Nigeria’s latest Sophisticated Scam Network
•How fake airline discounts use N500 bait to empty thousands of bank accounts
What began as a harmless-looking airline discount offer of just N500 as a “processing fee” has now been exposed as one of the most sophisticated financial!-->!-->!-->!-->!-->…
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