European firms move to break Google’s dominance
Ecosia and Qwant have announced a partnership to create a European search index, aiming to reduce their reliance on major U.S. tech companies like Google. The joint venture, named the…
Lagos needs $33bn investments in energy – Official
Ecosia and Qwant have announced a partnership to create a European search index, aiming to reduce their reliance on major U.S. tech companies like Google. The joint venture, named the…
NNPC ends fuel importation, to source locally
The Nigerian National Petroleum Company has ceased importing refined petroleum products and has begun sourcing fuel from local refineries, including the newly operational Dangote Petroleum Refinery. This shift was confirmed…
Deal with Dangote refinery to reduce fuel prices – IPMAN
The Independent Petroleum Marketers Association of Nigeria has said that the partnership with Dangote Refinery is expected to improve the availability of fuel and help reduce prices for Nigerians, offering…
Tax reform bills to eliminate subnational levies – Oyedele
The Chairman of the Presidential Tax Reform Committee, Taiwo Oyedele, has disclosed that the proposed tax reform bills will remove all subnational consumption levies, except Value Added Tax. Oyedele in…
IPMAN signs agreement to buy petrol directly from Dangote refinery
The Independent Petroleum Marketers Association of Nigeria has secured an agreement with Dangote Refinery to directly purchase petroleum products, including petrol, diesel, and others. This was disclosed by IPMAN's National…
NDIC to auction defunct Heritage bank’s property, assets
The Nigeria Deposit Insurance Corporation is set to begin the auction of landed properties and chattels belonging to the defunct Heritage Bank on Wednesday, December 4, 2024. This initiative is…
ARCON advocates strict regulation enforcement for online adverts
The Director-General of the Advertising Regulatory Council of Nigeria, Dr. Olalekan Fadolapo, has called for increased surveillance and enforcement of advertising regulations in the digital space. Speaking at the All…
Bitcoin hits new all-time high, reaches $82,171
Bitcoin surged to a new high on Monday, climbing 3.6% to $82,171, following Donald Trump's election win. This increase came just after the cryptocurrency surpassed $80,000 on Sunday, marking a…
FG to spend N5.4tn subsidy savings on projects
The Federal Government has announced that an estimated N5.4 trillion in savings from the 2024 subsidy removal will be allocated towards infrastructure and social intervention programs. These initiatives are aimed…
FG sets up committee to audit gas project MoUs
Thee Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), has inaugurated a committee to audit agreements and Memorandums of Understanding related to Accelerated Gas Development Projects.…
Lekki deep sea port crucial to Lagos trade – Sanwo-Olu
Lagos State Governor, Babajide Sanwo-Olu, has described the Lekki Deep Sea Port as a key part of his administration’s plan to make Lagos the leading commercial hub in West Africa.…
