Shell vows to extend Bonga deep water project’s lifespan
Shell has said that it will add 15 more years to the Bonga Floating, Production, Storage, Offloading vessel’s operational lifespan. The Times…
Business
CBN, others to review 2.9tTn tax credit scheme
Federal Inland Revenue Service, the Ministry of Works, and the Central Bank of Nigeria will convene to discuss the N2.59 trillion tax…
Nigeria inflation nears 30%, highest in 26 Years
By Melvin Onwubuke Inflation in Nigeria continues to rise, reaching an all time high almost 30% in annual terms, attributed to…
Dapo Abiodun launches N5bn palliative for Ogun residents
Ogun State Governor, Dapo Abiodun, announced over N5bn intervention plans on Wednesday which he said would play a big role in helping…
FG enlists retired military officers to safeguard highway construction workers
Retired military and security personnel have been hired by the Federal Government through the Ministry of Works to guard and secure building…
FG to receive 2000 tractors annually from US firm
By Christian George The federal government has signed a Memorandum of Understanding with an American firm, John Deere, to receive at least…
FG, states meet over food crisis
By Melvin Onwubuke As regional groups across the country continue to condemn the hardship faced by citizens, attributed to the removal…
3MTT program names community managers to boost digital talent
The Federal Ministry of Communications, Innovation & Digital Economy is pleased to announce the 3MTT Community Managers for each of the 36…
Dry season farming to create 10m jobs – FG
The Federal Government stated 5–10 million jobs would be created nationwide by farming during the 2024 dry season. According to The PUNCH,…
FG plans naira payment for local gas operators
By Melvin Onwubuke The Federal Government has said it is putting measures in place to stop gas producers from collecting dollars in…
Cadbury’s $7m debt to stock conversion approved by shareholders
The conversion of an outstanding $7.72 million (N7.04 billion) intercompany loan owed to Cadbury Schweppes Overseas Limited, the company’s principal shareholder, to…
Naira hits all time low at official market
The naira reached a new all-time low of N1,534/$ on the official Nigerian Autonomous Foreign Exchange Market on Monday. According to FMDQ…