Category: News

Lagos to introduce tax incentives for startups in innovation bill

The Lagos State Government has announced plans to offer tax incentives and other benefits to...

ICYMI: Chevron discovers oil field with 17,000bdc capacity

Chevron Nigeria Limited has announced the discovery of a new oil field with an estimated...

Proposed reforms may end taxes for TETFUND, NITDA, NASENI

The federal government is proposing new tax reforms aimed at eliminating levies for the Tertiary...

Court adjourns Binance exec’s $35.4m laundering case after absence at trial

The Federal High Court in Abuja has adjourned the trial of Tigran Gambaryan, a Binance...

MTN Nigeria switches to eco-friendly paper-based SIM cards

MTN Nigeria announced on Friday the launch of paper-based biodegradable eco-friendly SIM cards, aligning with...

Gold prices hit record high at N4.5m per Ounce

Gold prices reached a record high in London on Friday, driven by safe-haven demand amid...

FG warns of contract cancellation as Julius Berger raises costs

The federal government announced plans to cancel Julius Berger’s N740 billion segment of the Abuja-Kaduna...

FG begins nationwide distribution of free CNG tricycles

The Federal Government launched the distribution of free Compressed Natural Gas tricycles on Thursday to...

ICYMI: Nigeria exits global aviation blacklist, hits 75% rating

Nigeria has successfully exited the Aviation Working Group watchlist after achieving a 75.5% compliance score...

Replace phased-out meters, FG orders DisCos

The Federal Government has mandated that electricity distribution companies must replace meters that are phased...

Maritime workers threaten service disruption over unpaid salaries

The Maritime Workers Union of Nigeria has issued a warning to withdraw services from ports...

Schneider Electric to invest $850m in Motivair acquisition

Schneider Electric has announced plans to invest $850 million to acquire Motivair, a provider of...

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