NIMASA to share helicopter crash details with IMO
The Nigerian Maritime Administration and Safety Agency has announced that it will share its findings regarding the recent helicopter crash into the Atlantic Ocean, near Bonny Finima in Rivers State,…
Experts advocate securitisation of N41tn nation assets
The Chief Executive Officer of Economic Associates, Dr Ayo Teriba, alongside other economists, has advocated for the securitisation of Nigeria's N41 trillion assets as a means to boost financial resources…
LCCI urged FIRS to adopt tech for improved operations
The Lagos Chamber of Commerce and Industry has called on the Federal Inland Revenue Service to enhance its adoption of technology to improve its operations. Speaking at the FIRS Special…
Petrol landing cost falls to N971/litre – Report
The cost of landing Premium Motor Spirit, or petrol, in Nigeria has dropped by 20.34% over the past three months, now standing at N971.57 per litre. This reduction reflects a…
Bitcoin hits $80,000 as crypto traders react to Trump victory
Cryptocurrencies continued their rally on Sunday, with Bitcoin reaching $80,000 for the first time. The price of Bitcoin rose by 4.5%, reaching $79,800.19, according to Coin Metrics. Ether increased by…
FG plans data bank to boost transport sector
The Federal Government has announced plans to create a national data bank aimed at improving efficiency and decision-making within Nigeria's transportation sector. This was disclosed by the Chairman of the…
FG signs agreement for new aircraft maintenance facility
The Federal Government, through the Ministry of Aviation and Aerospace Development, has entered into a Public-Private Partnership with a private firm to establish a Maintenance, Repair, and Overhaul facility for…
Refiners urge FG to halt import license issuance to petrol marketers
The Crude Oil Refinery Owners Association of Nigeria has cautioned the Federal Government to exercise restraint in granting import licences for refined petroleum products, amid ongoing tensions between the Dangote…
WTO confirms Okonjo-Iweala as only candidate for second term
The World Trade Organization has officially confirmed Ngozi Okonjo-Iweala as the sole candidate for the position of Director-General for a second term. The organization announced this development on Saturday, following…
Ghana hikes cocoa farmgate price
Ghana has raised the farmgate price for cocoa farmers to 49,600 Ghanaian cedi ($3,062) per metric ton, up from the initial 48,000 cedi announced at the start of the 2024/25…
Tax reform bills right move, says Oyedele
The new tax reform bills currently under consideration in Nigeria's National Assembly propose to stop revenue collection by federal agencies, including the Nigerian Upstream Petroleum Regulatory Commission and the Nigerian…
Oil imports fall by 35% in Q2 – CBN
Nigeria's oil imports saw a significant decline of 35% in the second quarter of 2024, totaling $2.79 billion, down from $4.31 billion in the previous quarter. This drop is highlighted…
