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Shell Companies in Nigeria said they awarded contracts worth $1.98 billion to indigenous companies in 2023 as part of steps taken to enhance local content in...
The Central Bank of Nigeria (CBN) has dismissed claims of forced mass retirements, clarifying that its Early Exit Package (EEP) is entirely voluntary and without any...
Netflix has decided to abandon the Nigerian market as the country’s economy records further collapse with recent inflation data from the National Bureau of Statistics. Officials...
The Petroleum and Natural Gas Senior Staff Association of Nigeria has confirmed that the Port Harcourt Refinery has resumed production. PENGASSAN president Festus Osifo disclosed this...
World Bank Group has said that developing countries spent a record $1.4 trillion to service their foreign debt as their interest costs climbed to a 20-year...
Bayelsa State Acting Governor, Senator Lawrence Ewhrudjakpo has urged the Nigerian Content Development Monitoring Board (NCDMB), to engage grassroots stakeholders by incorporating diverse perspectives towards ensuring...
National Pension Commission (PenCom) has lifted its suspension on investments in commercial papers by Licensed Pension Fund Administrators (LPFAs) where non-bank capital market operators act as...
Civil Society Legislative Advocacy Centre, CISLAC, yesterday, counseled the National Assembly to prioritize equity and transparency in the controversial Tax Bill. The Executive Secretary, CISLAC, Awual...
Northern groups under the Coalition of Northern Groups, CNG, Tuesday, kicked against the proposed tax reforms by the Tinubu-led administration. CNG made its stand known at...
Microsoft is facing 1 billion Euros, an equivalent of $1.27 billion, in legal action from UK businesses over claims it overcharged firms for access to products....
Nigerian deposit money banks (DMBs) have started to inform their customers that unused savings accounts for periods of 12 months will be classified as dormant, as...
Nigerian Content Development and Monitoring Board, NCDMB, yesterday disclosed that it has achieved a 56 percent local content level in Nigeria’s oil and gas industry. NCDMB said efforts...
House of Representatives has launched an investigation into the planned retirement of 1,000 employees of the Central Bank of Nigeria. The resolution followed the adoption of...
Nigeria has successfully priced $2.2 billion in Eurobonds maturing in 2031 and 2034 in the international capital markets. This is according to a statement by the...
Foodstuff transporters under the auspices of Amalgamated Union of Foodstuff and Cattle Dealers of Nigeria, AUFCDN, have warned Nigerians to expect skyrocketing food prices in December...