The Director General of the Nigeria–China Strategic Partnership (NCSP), Joseph Tegbe, has supported the Inner Galaxy Steel Company’s $550 million…
We’re not in competition with NNPC – Dangote
The President/Chief Executive of Dangote Group, Aliko Dangote, has dismissed any notion of rivalry between his company and the Nigerian…
Nigerian Senate rejects VAT increase, passes two tax reform bills
The Nigerian Senate, on Wednesday, passed two of President Bola Tinubu’s four tax reform bills. The two bills approved are…
FG, states, LG shared N1.703tn January 2025 revenue
The Federal Government, states, and Local Government councils have shared a total of N1.703tn in Federation Account revenue for January…
2.5mbpd Crude Output: Federal Gov’t Targets Activating 50 Wells By March
The federal government is set to activate 50 oil wells by March this year as part of efforts to achieve…
Dangote Refinery, others met 50% of Nigeria’s petrol consumption in February – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has said that Dangote Refinery and other local refineries in the country…
Naira Declines To N1,551/$1 Amid Rising Demand
The value of the naira started the week on a depreciating note, sliding slightly to N1,551 and to the dollar…
Naira Loses 69%, Closes 2024 Weaker At N1,535/$1
The value of the naira closed the year 2024 weaker than it opened the year with as the Central Bank…
2024: Equities Market Defies Economic Challenges, Gains N21.85trn
The Nigerian equities market has shown remarkable resilience in 2024, despite ongoing economic challenges such as high inflation and rising…
Nigeria’s N2.5trn ocean economy under threat from illegal fishing, maritime crimes
Stakeholders in Nigeria’s maritime sector have warned that the nation is losing billions of naira annually to illegal fishing and…