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Busines

Home Busines Page 16
FG is asked by CSOs to halt the 15% fuel import tax.
Posted inBusines

FG is asked by CSOs to halt the 15% fuel import tax.

Yesterday, the Federal Government was requested by the Peering Advocacy and Advancement Centre in Africa (PAACA) to postpone the proposed implementation of a 15% import tax on gasoline and diesel.…
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Posted by Taiwo Ayomide November 12, 2025
Nigeria’s Unstable Economic Era Is Over: FG
Posted inBusines

Nigeria’s Unstable Economic Era Is Over: FG

According to Senator Kashim Shettima, the vice president, the federal government has been successful in ending the periods of instability and volatility that had defined Nigeria's economy. He claims that…
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Posted by Taiwo Ayomide November 12, 2025
December is when NUPRC will start the oil block licensing round.
Posted inBusines

December is when NUPRC will start the oil block licensing round.

The 2025 Licensing Round will begin on December 1, 2025, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The announcement was made on Tuesday, November 11, 2025, during the…
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Posted by Taiwo Ayomide November 12, 2025
FG Examines 215 Gas Projects and Plans to Invest $20 Billion
Posted inBusines

FG Examines 215 Gas Projects and Plans to Invest $20 Billion

Yesterday, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), a division of the Federal Government, announced that it had reviewed over 215 gas utilization projects throughout Nigeria and identified…
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Posted by Taiwo Ayomide November 12, 2025
Experts List The Economy’s Gains From Issuing $2.25 billion in Eurobonds
Posted inBusines

Experts List The Economy’s Gains From Issuing $2.25 billion in Eurobonds

The positives from the federal government's recent $2.25 billion Eurobond have been highlighted by experts and stakeholders, who characterize it as a significant return to global capital markets. Nigeria successfully…
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Posted by Taiwo Ayomide November 12, 2025
Onwuka @60: ECOWAS President Says Africa’s Insecurity Is Mainly Caused by Exclusion
Posted inBusines

Onwuka @60: ECOWAS President Says Africa’s Insecurity Is Mainly Caused by Exclusion

One of the main causes of insecurity in Africa, according to Omar Touray, head of the Economic Community of West African States (ECOWAS) Commission, is exclusion. He made this statement…
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Posted by Taiwo Ayomide November 12, 2025
FRC Will Implement Nigeria’s Islamic Finance Reporting System
Posted inBusines

FRC Will Implement Nigeria’s Islamic Finance Reporting System

Yesterday, the Financial Reporting Council of Nigeria (FRC) announced plans to adopt standards from the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) in order to formally include Islamic…
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Posted by Taiwo Ayomide November 11, 2025
For CEESOLAR’s energy project, InfraCredit mobilizes local currency debt.
Posted inBusines

For CEESOLAR’s energy project, InfraCredit mobilizes local currency debt.

The credit enhancement of CEESOLAR Energy Limited's local currency debt offering under a co-financing arrangement with the Climate Finance Blending Facility (CFBF) has been announced by InfraCraCredit, a specialized infrastructure…
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Posted by Taiwo Ayomide November 11, 2025
The CEO of United Nigeria says a $1 trillion economy is unrealistic without aviation.
Posted inBusines

The CEO of United Nigeria says a $1 trillion economy is unrealistic without aviation.

Professor Obiora Okonkwo, Chairman/CEO of United Nigeria Airlines (UNA), stated yesterday that the aviation sector is essential to realizing Nigeria's goal of a $1 trillion economy. Four years after the…
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Posted by Taiwo Ayomide November 11, 2025
1.7 billion barrels of oil and 7.7 tcf of gas will be unlocked by new field development, according to NUPRC
Posted inBusines

1.7 billion barrels of oil and 7.7 tcf of gas will be unlocked by new field development, according to NUPRC

According to Engineer Gbenga Komolafe, Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the 43 Field Development Plans (FDPs) registered this year have the potential to liberate…
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Posted by Taiwo Ayomide November 11, 2025

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