Fg Will Revoke Unused Oil Licenses, Says Nuprc

Budget: House Pledges Readiness To FRC Act Amendment

The Speaker of the House of Representatives, Tajudeen Abbas, on Monday, expressed the commitment of the House to amend the Fiscal Responsibility Act to deepen citizens’ participation in the country’s budgetary system. This was disclosed by the Speaker in Abuja at a Citizens’ town hall engagement on the 2024 budget and appropria ... Read more

Energy Sector, Firm Secures N19.4bn Facility For LPG Project

Falcon Corporation Limited as an Indigenous player in the energy sector, has successfully secured a N19.41bn debt facility from the Chapel Hill Denham Nigeria-managed Infrastructure Debt Fund. This was disclosed in a statement made available to a correspondent on Monday, the proceeds of the loan are earmarked for the development of a state-of-th ... Read more

Lawyers request special force to address land grabbing

Oladotun Hassan (Project Director of Lawyers for Reform Group and Centre for Human and Socio-economic Rights)

Lawyers for Reform Group and Centre for Human and Socio-economic Rights seek the establishment of a Special Anti-Land Grabbing and Fraud Task Force Unit in the Nigeria Police Force. This was disclosed by the Project Director of the group, Oladotun Hassan, while speaking with journalists in Lagos, recently. According to him, “It is exped ... Read more

FG Announces Disbursements Of Grants To SMEs

Dr Doris Uzoka-Anite (Minister for Industry, Trade and Investment)

The Federal Government has disclosed that it will soon begins the disbursement of funds under its Presidential Palliative Programme, targeted at alleviating the impact of the fuel subsidy removal. According to a statement on Sunday by the Minister for Industry, Trade and Investment, Dr Doris Uzoka-Anite, noted that the programmes consisted of th ... Read more

FIRS Announces Penalties And Interests Waivers On Accumulated Tax Liabilities

Zacch Adedeji (Chairman of the Revenue Service)

Taxpayers and businesses expresses relief as the Federal Inland Revenue Service (FIRS) has granted them full waiver on accumulated penalties and interests for outstanding tax liabilities. However, the waiver only applies to taxpayers who settle all their outstanding taxes on or before December 31. This was disclosed by the Chairman of the Rev ... Read more

FG advised to move pension funds to critical sector

Etemore Glover (Chief Executive Officer of NABII)

The federal government has been urged to move pension funds investment to sectors that have direct impact on the citizens to support economic development. This was disclosed at the National Advisory Board for Impact Investing (NABII) sixth yearly report ‘Investing for Impact in Nigeria’ launched in Lagos. The report explained the ... Read more

S’Africa’s Oppenheimer acquires sta

Jonathan Oppenheimer, son of South African billionaire, Nicky Oppenheimer, has b ...
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Fintech Firm Fargets Acquisition Of

A German-Nigerian fintech firm, BFREE, and some of its international financing p ...
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CBN Reforms Present Opportunities F

Ike Chioke (Past President of the Association of Issuing Houses of Nigeria)

The immediate past President of the Association of Issuing Houses of Nigeria, Ik ...
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Federal Government Approves N27.5tr

The Federal Executive Council (FEC) has approved the 2024 budget estimated at N2 ...
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Organised Private Sector of Nigeria

Segun Ajayi-Kadir (Director-General of the Manufacturers Association of Nigeria (MAN)

The Organised Private Sector of Nigeria (OPSN) has advised the President Bola Ti ...
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