Re: Tax Tribunal orders NLNG to Pay $27.5m to FIRS as 2016 revised Corporate Income Tax

The Nigeria LNG Limited (NLNG) has made clarifications on noted media reports which have suggested that a Tax Appeal Tribunal ordered NLNG to pay $27.5 million to the Federal Inland Revenue Service (FIRS) as a revised Company Income Tax (CIT)…

Angola Oil & Gas (AOG) 2024 Leadership Track to Examine Synergies, Downstream Investment Opportunities

This year’s Angola Oil & Gas conference features a Leadership Roundtable track, with sessions delving into opportunities in downstream projects, synergies through collaboration and the role of national oil companies in Africa   Angola has up to 29 block opportunities…

Francophone British Business Council (FBBC) Joins MSGBC Oil, Gas & Power 2024 as Strategic Partner, Promoting United Kingdom-Africa Investment

The Francophone British Business Council enables access by UK companies to Francophone markets seeking partnerships and investment, including Senegal, Guinea-Conakry and Ivory Coast   The Francophone British Business Council (FBBC) has partnered with the upcoming MSGBC Oil, Gas & Power…

At MEMAN Press Briefing, Speakers Advocate Competition, not Monopoly in Downstream Sector,

At the recent Major Energy Marketers Association of Nigeria (MEMAN) quarterly press briefing, various speakers advocated for the enabling environment for competition to thrive and not monopoly as only competition would guarantee better pricing, increased consumer awareness and quality products.…

Africa: Azule Energy Reiterates Commitment to Angola, Pioneers World’s First Green Floating Production Storage and Offloading (FPSO) Vessel

The African Energy Chamber commends Azule Energy for its sustainability efforts and operations in Angola as it supports the country’s E&P goals   In a bid to solidify its position as a key player in the global energy market, Angola…

Oando Chief Executive Officer (CEO) to Champion Role of Local Explorers at MSGBC Oil, Gas & Power 2024

Adewale Tinubu, CEO of Nigerian multinational energy company Oando, will discuss the company’s latest acquisition and evolution into a leading indigenous explorer at the upcoming conference   Following its milestone acquisition of Italian multinational Eni’s onshore assets in Nigeria, Oando…

African Development Bank’s sovereign portfolio retains top spot in 2024 Aid Transparency Index

Bank praised for detailed publication of project objectives, impact appraisal documents, environmental studies and evaluation reports   Publish What You Fund, the global campaign for aid and development transparency, has once again named the African Development Bank’s sovereign portfolio as…

Africa: Konrad-Adenauer-Stiftung Joins Critical Minerals Africa (CMA) 2024 as Strategic Partner

The increasing demand of critical minerals for the global energy transition presents African countries with an opportunity to address environmental governance challenges and accelerate infrastructure development and economic growth through export revenues and global market cooperation. Furthermore, the development and…

Adaora Umeoji emphasizes Zenith Bank’s strong financial metrics, projecting over N1 trillion profit mark in 2024

Zenith Bank Plc, Nigeria’s foremost financial institution, recently hosted its Capital Markets Day to underscore its commitment to sustainability amidst its recapitalization drive. The event convened key stakeholders and highlighted the bank’s growth trajectory, strategic goals, market performance, and longstanding…

Nigeria’s food importation policy could destroy country’s agriculture, warns Akinwumi Adesina

Nigeria should be producing more food to stabilize food prices, while creating jobs and reducing foreign exchange spending   The President of the African Development Bank Group Dr. Akinwumi Adesina has said the decision by Nigeria’s government to allow massive…

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