The Nigerian Content Development and Monitoring Board (NCDMB) on Monday received a cheque of $1 million from Nedogas Development Company Limited (NDCL), being part of the return on investment (ROI) on one of the Board’s strategic investments. The cheque was…
FG Allows Local Refineries Pay Crude Oil in Naira to Ease Pressure on Foreign Exchange
Reprieve has come the way of local refiners as the Federal Government has eventually bowed to pressure as it now complies with the demands of domestic crude oil refiners and other operators in the sector, by allowing them to pay…
Seplat-ExxonMobil Deal: Nigeria Lost $34 Billion in Oil Output Decline
Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has revealed that Nigeria lost $34 billion in the last two and a half years due to the fall in production from the assets being divested by ExxonMobil to Seplat Energy,…
IWD: Headfort Foundation urges women to speak out against domestic violence, others
As the International community marked the 2024 International Women’s Day (IWD), Headforth Foundation has urged women in the country to speak out against Gender Based Violence (GBV) and to get involved in programmes aimed at social engineering. The foundation made…
Mrs Soludo urges women to get involved, politics not only-men affair
Wife of the Anambra State Governor, Dr Nonye Soludo has urged women to get involved in politics to change the dynamics and achieve democratic governance in the country. Soludo made the call in Awka when she hosted female health workers…
President Tinubu Sacks REA MD and Team; Appoints New Management
President Bola Tinubu has approved the indefinite suspension of the Managing Director of the Rural Electrification Agency (REA), Engr Ahmad Salihijo Ahmad and three other directors, namely; Olaniyi Alaba Netufo – Executive Director, Corporate Services, Barka Sajou – Executive Director,…
NSSF makes case for use of technology, AI, to drive vaccine uptake in Africa
Speakers at the Nigeria Solidarity Support Fund (NSSF) fire chat on vaccine uptake have canvased for the use of technology and Artificial Intelligence (AI) to drive vaccine uptake in Africa. The speakers drawn from different walks of life spoke on…
NECA warns Expatriate Employment Levy, disincentive to investment
The Nigeria Employers’ Consultative Association (NECA) has said the Expatriate Employment Levy (EEL) policy, if implemented, would serve as a disincentive to Foreign Direct Investment (FDI). NECA’s Director-General, Mr Wale Oyerinde, who made this known in a statement on Sunday,…
APPROVAL OF 90-DAY WINDOW FOR PAYMENT OF IMPORT DUTY ON IMPROPERLY IMPORTED VEHICLES
In a proactive move to enhance compliance and streamline import processes, the Nigeria Customs Service (NCS), under the directive of the Honourable Minister of Finance and Coordinating Minister of the Economy, is pleased to announce a 90-day window for regularizing…
Nigerian Minister of State of Petroleum Resources (Gas) to Enforce Investment Opportunities at AEW
Nigeria’s Minister of State for Petroleum Resources (Gas) Ekperikpe Ekpo will speak at the African Energy Week (AEW): Invest in African Energy conference this November, outlining opportunities for foreign investment in the country’s gas value chain. With plans to increase…
