Seplat Plans $250M Gas Plant In Delta State, Focuses On Energy
Effiong Okon, Seplat Plc's Director of New Energy, revealed the company's blueprint to erect a $250 million gas plant in Sapele, Delta State.
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Food Security: Nigerian Govt Targets Local Production Of 2,000 Tractors Yearly
The Nigerian Government has unveiled plans to locally produce 2,000 tractors annually, to revolutionize agricultural landscape by bolstering food security. Sen. Abubakar Kyari, the Minister of Agriculture and Food Security, revealed this goal during a visit from Mr. Jason Brantley, Vice-President of
Tilewa Adebajo Calls For Diversifying Revenue Base To Tackle Nigeria’s Inflation
Tilewa Adebajo, the Chief Executive Officer of CFG Advisory, stressed the necessity for Nigeria to broaden its revenue streams in order to combat the prevailing inflation challenge. Adebajo emphasized the urgency of diversification to bolster the government’s financial capacity and foster economic
Tinubu Scraps Controversial 40% IGR Deduction From Universities
President Bola Tinubu has scrapped the controversial automatic deduction policy slashing 40% from federal universities’ internally generated revenues (IGR). The cancellation, announced during the 75th Founder’s Day ceremony at the University of Ibadan, came as a relief to many within the academic
Tinubu Leads Nigerian Delegation To G20 CwA Conference In Germany
President Bola Tinubu will depart Abuja for Berlin this Saturday to participate in the G20 Compact with Africa (CwA) Conference, hosted by German Chancellor Olaf Scholz. Tinubu aims to forge alliances and attract investments. In a statement from the President’s spokesperson, Ajuri
Olukoyede Urges Youths To Drive Economic Growth
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has emphasized the role of Nigerian youths in fostering economic growth by leveraging their creative abilities. Speaking at different National Youth Service Corps (NYSC) orientation camps across the country,
Nigeria Plans Review Of Bilateral Air Service Agreements With 37 African Nations
The Nigerian government has announced plans to review Bilateral Air Service Agreements (BASA) with 37 African countries
Nigerian Govt Plans Online Biometric System, Home Delivery Of Passport By 2024
The Nigerian government has unveiled plans to revolutionize the passport application process, introducing a biometric system and promising home delivery of passports by 2024. The Minister of Interior, Olubunmi Tunji-Ojo, revealed these initiatives during the Nigeria Diaspora Investment Summit organized by Nigeria
Emefiele Accused Of N1.6bn Irregularities, Remanded Ahead Of Trial
Mr. Godwin Emefiele, the former Central Bank of Nigeria (CBN) Governor, confronted a six-count charge related to alleged irregularities in procurement, marked by a reduced sum of N1.6 billion from an initial accusation of N6.5 billion in a courtroom drama on Friday, November 17,
MultiChoice Grapples With $72.4m Net Loss Due To Forex Woes, Power Outages
MultiChoice Group Ltd, Africa's leading pay-TV company, disclosed its third consecutive semi-annual net loss of 1.32 billion rand ($72.4 million) for the six months ending Sept. 30.
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The UK Labour government has expanded its existing sugar tax
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