The Nigeria Customs Service in just one made a revenue of N5.7 trillion. The Comptroller-General of Customs, Adewale Adeniyi, disclosed this on Wednesday at the ongoing 2024 Comptroller-General of Customs Conference in Abuja. According to him, the revenue as November 2024 exceeded its target for the year by 10 per cent.The conference is themed “Nigeria […]
Read MoreSeplat Energy Plc, indigenous energy company, said Nigeria’s development will require significant improvements in access to energy. According to the Company, lower-cost, more reliable energy will drive job creation, prosperity and social development and achievement of the United Nations’ Sustainable Development Goals (SDGs). The Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown, said this […]
Read MoreDangote Cement Plc has made significant investments exceeding $280 million in compressed natural gas (CNG) technology and infrastructure. Nigerian President Bola Tinubu, whose commitment to CNG deployment and clean energy is unmatched in Africa, has maintained his administration’s drive to create a conducive environment for private sector investments and expand Nigeria’s CNG infrastructure to enhance […]
Read MoreThe Nigerian Government is sharing the sum of N1.298 trillion from its September 2024 Federation Accounts Revenue among the three tiers of Government. The Federal Government of Nigeria, States and the Local Government Councils will share the money, according to revenue distribution statement announced at the October 2024 meeting of the Federation Accounts Allocation Committee […]
Read MoreThe National Information Technology Development Agency (NITDA) and the National Agriculture Development Fund (NADF) has signed a Memorandum of Understanding, (MoU) to boost productivity in Agriculture. The NITDA’s Director General, Kashifu Inuwa and the NADF Executive Secretary, Muhammed Abu both signed the MoU, which would ensure food security in Nigeria through the infusion of emerging […]
Read MoreNigeria is expected to be hub for electric car manufacturing in Africa as a partnership that would immensely boost the country’s lithium mining and downstream batteries, has just taken off. ReElement Technologies Corporation, a provider of high performance refining capacity of rare earth and critical battery elements, announced the partnership with United Kingdom-based Jupiter Lithium to develop […]
Read MoreCreating Shared Value (CSV) approach to sustainability as a fundamental business strategy in Nigeria and beyond was a focal point when Shared Value Africa (SVA), in collaboration with Lagos Business School Sustainability Centre and ZER Consulting Africa, hosted the CEO Connect Forum in Lagos, Southwest, Nigeria. The event which also saw the official launch of […]
Read MoreBureaux De Change whose licences have been revoked by the Central Bank of Nigeria soon will finally be thrown out business. According to the Acting Director, Corporate Communications the Corporate Affairs Commission Sidi Hakama, 4,173 Bureau De Change operators will have their certificates of incorporation revoked soon. The CAC in a notice on its website […]
Read MoreThe onboarding of the earlier suspended three Communications licenses by the Nigerian Communications Commission (NCC) for prospective telecoms operators to apply may not happen soon. More worrisome is the fact that the lifting of the ban depends on the stakeholders who need to find a common ground to pave the way for the NCC to […]
Read MoreMinister of Finance and Coordinating Minister of the Economy, Wale Edun, said that Nigeria will be getting some funds from the World Bank in a few weeks. The latest data from the Central Bank of Nigeria has revealed that the federal government spent about $2.2 billion on debt servicing in the first five months of […]
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