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The Senate, today, Wednesday made changes to the Tax Administration Act by insisting on sharing revenues generated from taxes among states and areas where goods and services are consumed, rather than where they are produced. Under…
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Nigerian government has called for decisive and unified action to unlock the country’s vast natural gas reserves. Minister of State for Petroleum Resources (Gas), Mr Ekperikpe Ekpo, disclosed this while delivering a keynote address…
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Dangote Packaging Limited (DPL) has announced plans to expand into the African export market, following a production capacity boost facilitated by new machinery being commissioned in its two manufacturing plants. This strategic…
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Nigeria’s electricity generation companies (GenCos) have raised the alarm over the growing debt burden in the power sector, demanding a firm date to meet with President Bola Tinubu over the staggering ₦4.7 trillion owed to them and…
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ExxonMobil has affirmed its long-term commitment to Nigeria’s oil and gas sector with a planned investment of 1.5 billion dollars in deepwater exploration and development. This significant financial commitment, which will be…
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The Central Bank of Nigeria (CBN) has activated market-driven pricing for the naira, significantly enhancing transparency and restoring investor confidence. With disciplined reforms and policy clarity, the naira has stabilized at a…
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The Senate will today, Wednesday begin the consideration and possible passage of the Tax Reform Bills. Senate President Godswill Akpabio made this known during Tuesday’s plenary as lawmakers returned from their Sallah and Easter…
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A detailed review of the Central Bank of Nigeria’s (CBN) financial report has revealed a significant increase in the country's indebtedness to the International Monetary Fund (IMF) and its overall debt burden under President Bola Ahmed…
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Minister of Power, Chief Adebayo Adelabu, has unveiled an urgent 10-year rescue plan to revive the manpower shortage in the electricity sector, mandating the training of not less than 1,200 electrical engineers within the next decade…
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There are strong indications that President Bola Ahmed Tinubu is actively overseeing the ongoing investigations into the past leadership of the Nigerian National Petroleum Company Limited (NNPC). According to Leadership, this…
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