Industry & Money
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75Nigeria Plans ₦1.1b Private Sector Funding in Power Sector
The Federal Government has disclosed plans to crystallise N1.1bn private sector funding for the power sector. The Managing Director of Rural Electrification...
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159Nigeria Loses 855,629 MT of Food to 2024 Floods –Report
The Food and Agriculture Organisation of the United Nations (FAO) has estimated a loss of 855,629 metric tonnes of food to the...
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160Oil Steadies, But on Track for Biggest Weekly Loss in Over a Month
Crude oil futures steadied on Friday after strong U.S. retail sales data, but Chinese economic indicators remained mixed and prices were headed...
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202Govt not Introducing New Taxes –FIRS
Chairman of the Federal Inland Revenue Service (FIRS), Zack Adedeji, said yesterday that the tax reform bills recently presented to the National...
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538Telecom Sector Attracts $304m FDI In H1
The Nigerian telecom sector has experienced a notable surge in Foreign Direct Investments (FDI), drawing $304 million in the first half of...
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157Govt Unveils New Regulations for Petrol Import Licence
The Federal Government through the Nigerian Midstream and Downstream Petroleum Regulatory Authority has unveiled new regulations to simplify the process for petrol...
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192‘Fair Taxing, Simplification Key to Boosting Compliance’
The Accountant General of the Federation (AGF), Oluwatoyin Madein, has emphasised the necessity of streamlining tax processes and fostering fairness to enhance taxpayer...
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181FG Plans 435 Clinical Trial Centres and Projects $3.8b in Revenue
The Federal Government plans to establish 435 clinical research centres across the country by 2028 and target generating $3.8bn in revenue from...
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186Nigeria’s Crude Oil Production in September Drops by 33,000 Barrels –OPEC
Nigeria’s average crude oil production in September declined by as much as 33,000 barrels to 1.405 million barrels per day. In its...
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171$50b Needed to Close Infrastructure Deficit –SEC Boss
The Director General of the Securities and Exchange Commission, Emomotimi Agama, has stated that Nigeria needs over $50bn to bridge its infrastructure...
