TotalEnergies, Siemens urge EU to ease regulations for competitiveness
TotalEnergies and Siemens have urged European governments to scrap one of the EU’s key corporate sustainability laws, arguing that doing so would…
Business
NCDMB, NEXIM disburse $42m to support SMEs’ oil, gas growth
The Nigerian Content Development and Monitoring Board, in partnership with the Nigerian Export-Import Bank, has disbursed about $42 million to Small and…
NDPHC boss hails Tinubu’s commitment to power sector reforms
The Managing Director of the Niger Delta Power Holding Company, Jennifer Adighije, has praised President Bola Tinubu for his administration’s commitment to…
Oil firms yet to remit N1.5tn to federation account – NEITI
The Nigeria Extractive Industries Transparency Initiative has disclosed that oil companies and certain government agencies owe the federal government approximately N1.5 trillion…
Nigeria’s revenue allocation higher than Ghana’s, others – W’Bank
Nigeria’s revenue-sharing system, which grants the Federal Inland Revenue Service 4 per cent of both non-oil and oil revenues (excluding royalties), is…
NUPRC unveils gas development roadmap to unlock untapped reserves
The Nigerian Upstream Petroleum Regulatory Commission has launched a comprehensive Gas Development Roadmap to unlock more than 55 trillion cubic feet of…
UN, IOFS launch climate-smart cassava initiative for women
UN Women, in partnership with the Islamic Organisation for Food Security, has launched a new initiative to equip women farmers with climate‑smart…
Nigeria’s capital market holds over N120b idle investment capital — SEC
The Securities and Exchange Commission has reported that N120.88 billion in registered private equity and infrastructure investment funds remains undeployed in Nigeria’s…
MTN urges accountants to adopt emerging technologies
As digital technologies transform global business operations, MTN Nigeria has urged accountants and finance professionals to retool, upskill, and adopt emerging technologies…
NNPC, Sahara unveil Nigeria’s first indigenous 2.2m-barrel floating vessel
NNPC Limited, Sahara Group, Eroton E&P, and Bilton Energy Ltd have jointly unveiled Nigeria’s first fully indigenous Floating Storage and Offloading vessel,…
Nigeria must tap global climate finance opportunities — Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said on Monday that Nigeria must align with global trends…
FG seeks $2b Chinese loan for new super power grid
Nigeria is negotiating a $2 billion loan with China’s Export-Import Bank to fund a new “super grid” designed to ease chronic power…