Business

NNPC, PETAN pledge partnership in oil, gas

The Nigerian National Petroleum Corporation, NNPC, and the Petroleum Technology Association of Nigeria, PETAN, have pledged to combine efforts and bolster production activities in the nation’s oil and gas sector.

NNPC, PETAN made the commitment in Abuja on Thursday during a meeting betwee [...]

Sun, 26 January 2020


FG to establish agro-allied industry nationwide

The Federal Government says it has concluded plans to establish an Agro-allied industry in each senatorial district in the country as part of effort to sustain food security and economic growth.

Minister of State for Industry, Trade and Investment, Amb. Mariam Katagum disclosed this during a me [...]

Sun, 26 January 2020


NPSC generates N44.4bn revenue in 2018

The Nigerian Pipelines and Storage Company, NPSC, says it generated N44.4 billion in the 2018 financial year, representing a 26 per cent point performance increase over its 2017 performance.

NPSC is a downstream subsidiary of the Nigerian National Petroleum Corporation, NNPC, incorporated on Ju [...]

Sun, 26 January 2020


Katagum decries low participation of women in procurement

The Minister of State for Industry, Trade and Investment, Amb. Mariam Katagum, has decried the low participation of women in public procurement despite Nigeria being a signatory to several conventions on the inclusion of women.

Katagum made the complaint at a gender-based dialogue in Abuja on p [...]

Sun, 26 January 2020


Nigeria unveils investment guide at UK-AIS

The Nigerian Investment Promotion Commission, NIPC, in partnership with the UK Department for International Development, DFID, have published a Nigeria Investment Guide to afford investors relevant information on opportunities in the country.

The investment guide, which was launched at the UK A [...]

Sun, 26 January 2020


CBN cautions FG over rising public debt

The Central Bank of Nigeria, CBN, has cautioned the Federal Government over rising public debt, warning that the country’s borrowing was increasing faster than both domestic and external revenue.

CBN Governor, Godwin Emefile, who issued the warning at a briefing, shortly after the 271st m [...]

Sun, 26 January 2020


Why we met with Buhari- ASUU

The Academic Staff Union of Universities, ASUU, has dismissed media reports that its meeting with President Muhammadu Buhari was solely to discuss the Integrated Payroll and Personnel Information System, IPPIS, which it had rejected, and still rejects.

ASUU, in a communique iss [...]

Sat, 18 January 2020


FG sets February as implementation of 7.5% VAT

The Federal Government says it would commence implementation of the 7.5 per cent value added tax, VAT, on February 1, 2020.

Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, disclosed this while inaugurating the Board of the Federal Inland Revenue Service, FIRS, on Thursday i [...]

Sat, 18 January 2020


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PhotoMy relationship with Osinbajo perfect - Buhari

President Muhammadu Buhari has said the opinion of Theophilus Danjuma, a retired general, is not more important than that of millions of Nigerians [...]

26 January 2020