In a major step towards bolstering Nigeria’s energy security and promoting the utilisation of its abundant gas resources, the NNPC Ltd and UTM Offshore Limited have, today, in Abuja, signed a Heads of Terms (HoT) agreement for the construction of the n…
The Deputy Speaker of the Nigerian House of Representatives, Hon. Benjamin Kalu has called for greater economic partnerships and co-operation amongst Africa countries, stressing that the artificial boundaries that impede free movement of people and goo…
The Federal Inland Revenue Service (FIRS) has announced a total tax revenue collection of N5.5 trillion for the half-year period of January to June 2023.This is the highest tax revenue collection ever recorded by the Service in any first six months of …
Nigerian singer Davido has made a public announcement through his media page about his foundation, the David Adeleke Foundation (DAF), donating N237 million to 424 orphanage homes in Nigeria, benefiting 13,818 children.The foundation was founded in 202…
The House of Representatives Ad hoc Committee on International Boundary Dispute between Nigeria and Cameroon says it might consider a fresh application to appeal the International Court of Justice judgment that ceded Bakassi to Cameroon.The Ad hoc Comm…
The Central Bank of Nigeria (CBN) has reduced the number of Bureau de Change (BDC) dealers to 2,991 from the over 5,689 previously approved.The apex bank published a list of approved BDCs which revealed that the licenses of 2,698 BDCs have been revoked…
The Nigerian Senate has proposed the establishment of Bitumen Development Commission for the official regulation of Bitumen exploration and exportation as part of efforts to diversify the economySenate’s efforts geared towards realizing this diversific…
The National Economic Council (NEC) has thrown its weight behind the planned distribution of grains and fertilizer to states by the federal government through the Central Bank of Nigeria to mitigate the impact of the removal of petrol subsidy on citize…