Dangote Industries Limited has abandoned its plans to build a 1,200km subsea gas pipeline aimed at bringing offshore gas to Nigeria’s shores. The company’s...
The House of Representatives has instructed Guaranty Trust Bank (GTB) to calculate and remit Value Added Tax (VAT) on commissions received from the Remita platform between...
The Federal Government has signed the Cape Town Convention (CTC) Practice Directions to reduce the cost of airline operations in Nigeria’s aviation sector. The signing...
Nigeria’s petroleum marketers are urging Dangote Refinery to publicly disclose the price of its Premium Motor Spirit (PMS) amid claims that local marketers are boycotting the...
The Dangote Refinery, a pivotal project designed to reduce Nigeria’s dependency on imported petroleum products, is facing an unexpected challenge as local marketers continue...
The Central Bank of Nigeria (CBN) has mandated that all payment service providers (PSPs) route transactions from point of sale (POS) terminals at merchant and agent...
United Bank for Africa (UBA) Plc has announced the appointment of Mr. Chukwuma Nweke as the new Deputy Managing Director, effective October 1, 2024. This appointment...
Minister of Finance Wale Edun announced that a meeting with the Nigeria Customs Service (NCS) board was held to expedite the implementation of the...
The naira experienced a significant depreciation against the US dollar, dropping by 3.61% at the official Investor and Exporter (I&E) window on Monday, September 10, 2024....
Brent crude oil prices have dipped below $70 per barrel for the first time since December 2021, reflecting growing concerns about global oil demand. On Tuesday,...