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Business and Economy

Naira Strengthens Against Euro: Trades at N1,690/€ Amid Market Reforms

By  Milcah  TanimuThe Nigerian Naira has made significant gains against the Euro at the parallel market amid market reforms and economic uncertainties. The Euro...

A Guide to Nigeria’s Tax Reform Bills

By  Milcah   TanimuThe Nigerian government, under President Bola Tinubu, has introduced four tax reform bills aimed at overhauling the nation’s tax system. These bills...

NNPC Pledges 60% Methane Emission Reduction by 2031

By  Milcah   TanimuThe Nigerian National Petroleum Company Limited (NNPC) has committed to reducing methane emissions in the oil and gas sector by 60% by...

NNPC Commits to Cutting Methane Emissions by 60% by 2031

By Abigail Philip DavidThe Nigerian National Petroleum Company Limited (NNPC) has reiterated its dedication to reducing methane emissions in the oil and gas...

Presidency Denies Claims of French Takeover in Nigeria’s Mining Sector

By Abigail Philip DavidThe Presidency has dismissed rumors that France is taking over Nigeria’s mining sector, solid minerals, or security rights. These speculations...

OPEC Ministers Meet to Stabilize Global Oil Market

By Abigail Philip DavidThe 38th meeting of the Joint Ministerial Monitoring Committee (JMMC) of the Organisation of the Petroleum Exporting Countries (OPEC) took...

Google, Meta, TikTok Pay N2.55trn Taxes to Nigeria in Six Months

By  Milcah  Tanimu Major digital companies, including Google, Meta, X (formerly Twitter), TikTok, and Microsoft, contributed N2.55 trillion ($1.5 billion) in taxes to Nigeria's Federal...

Nigeria’s Fuel Imports Surge to 2.3 Billion Litres Despite Dangote and Port Harcourt Refinery Operations

 Nigeria's fuel imports have reached 2.3 billion litres between September 11 and December 5, 2024, despite the start of operations at Dangote and Port...

CBN Clarifies Early Exit Programme as Voluntary

By Abigail Philip DavidThe Central Bank of Nigeria (CBN) has stated that its Early Exit Package for staff is entirely voluntary, refuting claims...

NNPCL Commits to Boosting Local Content in Nigeria’s Energy Sector

By  Milcah   TanimuThe Nigerian National Petroleum Company Limited (NNPCL) has reiterated its dedication to enhancing local content development in Nigeria's energy sector. Speaking at...

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