U.S. forces will begin implementing a maritime blockade of Iranian ports on Monday, according to a statement from U.S. Central Command (CENTCOM). In a post on X, CENTCOM said the operation…
Read More US launch naval blockade of Iranian ports as oil prices spikeCategory: Business
Oyedele admits errors in new tax laws, assures swift correction
The Minister of State for Finance, Taiwo Oyedele, has acknowledged that Nigeria’s newly introduced tax reform laws contain errors, assuring that steps are already underway to address the identified issues.…
Read More Oyedele admits errors in new tax laws, assures swift correctionSupreme court restores Nestoil, Neconde’s right to appoint counsel in alleged $2bn debt dispute
The Supreme Court on Friday set aside the judgment of the Court of Appeal, Lagos Division, and restored the appointment of Chief Wole Olanipekun (SAN) and Dr. Muiz Banire (SAN)…
Read More Supreme court restores Nestoil, Neconde’s right to appoint counsel in alleged $2bn debt disputePresidency clarifies ₦3.3trn settlement plan approved for GenCos by Tinubu
The Presidency on Thursday clarified controversy surrounding the approval of a ₦3.3 trillion plan by President Bola Tinubu, to settle verified legacy debts owed to Power Generation Companies (GenCos) between…
Read More Presidency clarifies ₦3.3trn settlement plan approved for GenCos by TinubuOil production hits 1.84m/bpd on improved pipeline security – NNPC
The Nigerian National Petroleum Company Limited (NNPC) has confirmed that national crude oil production has grown from a low of 960,000 barrels per day in 2022 to an average of…
Read More Oil production hits 1.84m/bpd on improved pipeline security – NNPC
