Business
Reps mull improved local human capacity in oil, gas sector
Ogechukwu UkekweDec 06, 2023
The House of Representatives has resolved to improve local human capacity in the oil and gas industry to address capital flight in the country. Thomas Ereyitomi,...
Extend BVN/NIN deadline, PoS operators tell CBN
Ogechukwu UkekweDec 06, 2023
Stakeholders in the economy have urged the Central Bank of Nigeria to extend the deadline to enforce its new directives to banks to ensure customers link their Bank...
Nigeria To Have Largest Electric Mass Transit Fleet In Africa – FG
Ogechukwu UkekweDec 06, 2023
The Federal Government says Nigeria will soon have the largest electric mass transit fleet in Africa. Speaking at the 28th Conference of the Parties (COP28) to the...
Naira Devaluation: External reserves fall by $1.65bn in six months
Ogechukwu UkekweDec 06, 2023
Amid persistent foreign exchange fluctuation, Nigeria’s foreign exchange reserves have fallen by $1.6 billion to $32.97 billion since the Central Bank of Nigeria tried...
FG, Commonwealth open talks on improving deep sea mining
Simisola AdigunDec 05, 2023
Profitable prospects for deep sea mining in Nigeria’s coastal waters topped the presentation of the Commonwealth Secretariat to the Nigerian delegation led by Minister...
NLC plans to meet FG over new minimum wage
Ogechukwu UkekweDec 05, 2023
The Nigeria Labour Congress is expected to meet ahead of the resumption of negotiation between the Federal Government and the organised labour on the new minimum wage....
Budget: House plans FRC Act amendment
Ogechukwu UkekweDec 05, 2023
The Speaker of the House of Representatives, Tajudeen Abbas, has pledged the readiness of the House to amend the Fiscal Responsibility Act to deepen citizens’...
Gas Flaring: Nigeria loses N702bn as oil firms flare 241m scf
Ogechukwu UkekweDec 05, 2023
Despite Nigeria’s dwindling revenue occasioned by massive oil theft, the country has continued to suffer loss from its gas, as companies operating in the country’s...
NCC, Customs Strategise on Anti-Piracy Collaboration
Ogechukwu UkekweDec 05, 2023
The Nigerian Copyright Commission and the Nigeria Customs Service have agreed to strengthen their collaboration to develop new anti-piracy strategies to encourage...
FG plans to revoke unused oil licences – NUPRC
Ogechukwu UkekweDec 05, 2023
The Nigerian Upstream Petroleum and Regulatory Commission has said the Federal Government is planning to revoke unused oil exploration leases that companies were granted...
