FIRS, French agency sign MoU to boost tax efficiency
The Federal Inland Revenue Service has entered into a memorandum of understanding with France’s Directorate General of Public Finances to enhance efficient…
Business
Reps summon bank CEOs over alleged illegal deductions
Chief executives of commercial banks have been ordered to appear in person before a House of Representatives investigative panel over alleged illegal…
Heirs Energies, NNPCL sign agreements to boost gas commercialisation
Heirs Energies and the Nigerian National Petroleum Company Limited have advanced Nigeria’s gas commercialisation and environmental goals by signing gas offtake agreements…
FG unveils new incentives to attract global mining investors
The Minister of Solid Minerals Development, Dele Alake, has unveiled a set of incentives aimed at attracting international mining investors, including duty…
FG begins repayment of N4tn GenCos debt with N590bn bond
The Federal Government has commenced repayment of the N4tn owed to Power Generation Companies with the launch of a N590bn first-tranche bond…
PHOTOS: Ex-defence minister Danjuma launches $500bn food hub in Lagos
TY Logistics Park FZE, the company owned by Theophilus Danjuma, former minister of defence, has inaugurated a Grade-A free zone contract logistics…
CBN strengthens agricultural financing with inauguration of ACGSF board
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has inaugurated a board for the Agricultural Credit Guarantee Scheme Fund in…
Australia bans social media for under-16s
Australia has officially enacted a new law prohibiting children and teenagers under 16 from accessing major social media platforms. Starting December 10,…
Manufacturing sector growth stalled by high costs, structural constraints
Binding constraints have continued to slow down the growth of the manufacturing sector. The sector recorded a growth of 1.25 per cent…
China ready to fast-track zero-tariff access for Nigerian exports
The announcement was made by the Chinese ambassador in Abuja, Yu Dunhai, who stated that Beijing is prepared to fast-track a zero-tariff…
Renault, Ford partner to expand European EV lineup
Renault Group and Ford have unveiled a landmark strategic alliance to expand Ford’s electric vehicle lineup in Europe and boost both companies’…
Reps summons NNPC CEO over 2021 audit queries
The House of Representatives Public Accounts Committee on Monday ordered NNPC Limited’s Group Chief Executive Officer, Bayo Ojulari, to submit all relevant…