By our reporter/ The federal government on Monday announced the suspension of the introduction of five percent excise duty in the digital economy sector, a tax which was earlier proposed…
Read More FG suspends proposed five per cent tax on phone calls, data
The federal government has agreed to pay $496 million to settle a multi-billion dollar claim from Global Steel Holdings Limited, following the termination of a contract to upgrade the country’s…
Read More FG to pay $496m to settle foreign firm’s claims over steel plants – Report
The Nigerian National Petroleum Company (NNPC) Limited says it deducted N448.78 billion in July to cater for subsidy payments. The company said in its monthly presentation to the federation account…
Read More NNPC says Nigeria’s petrol subsidy payments hit N2.04trn in seven months
By our reporter| The Nigeria Customs Service (NCS) has dismissed claims by the Nigerian National Petroleum Company (NNPC) Limited that Nigerians consume “60 million litres of petrol daily”. The comptroller-general,…
Read More Customs faults NNPC’s claim Nigeria consumes 60 litres fuel daily
Nigeria could be emerging as a key strategic partner to Europe’s energy transition, and the Franco-Nigerian relationship is at its heart. University research subsidies, funds for economic development, corporate partnerships,…
Read More Nigeria could play a key role in Europe’s energy transition