NESG slams senate’s decision to suspend tax reform bills
The Nigerian Economic Summit Group has criticized the Senate’s decision to suspend action on the tax reform bills, which have sparked widespread…
News
Local rice prices surge by 137.32% – NBS
Local rice prices in Nigeria skyrocketed by 137.32% in October 2024 compared to the same period last year, according to the National…
Nigerian fintech Moove partners Alphabet’s Waymo, enters US
Nigerian-born fintech startup, Moove has announced a strategic partnership with Waymo, Alphabet’s self-driving vehicle division, to manage fleets of autonomous vehicles in…
Chevron cuts low-carbon investments by 25%
Chevron plans to invest $1.5 billion in emission-reduction and alternative energy projects in 2025, a decrease from $2 billion this year. The…
ICYMI: Ignore naysayers, P’Harcourt refinery facility working, Presidency tells Nigerians
The Special Adviser on Information and Strategy to President Bola Tinubu, Mr. Bayo Onanuga, has confirmed that work is ongoing at the…
Cocoa price surges to N15m per tonne
The Cocoa Research Institute of Nigeria, located in Ibadan, Oyo State, announced on Thursday that cocoa prices have surged to an all-time…
TotalEnergies reaches 94% local content milestone – Director
Oil giant TotalEnergies EP has announced it has achieved over 94% local content. The firm’s Executive Director on JV Assets, Mr. Obi…
AFC to invest $3b in Africa’s mining, trade sectors
Africa Finance Corp. is set to invest over $3 billion across Africa next year, focusing on enhancing the region’s mining and trade…
BoI, AGF partner to unlock $50m in MSMEs financing
The Bank of Industry on Thursday, entered into a $50 million portfolio guarantee agreement with the Guarantee Fund to unlock substantial financing…
British regulators okay $19bn Vodafone-Three mobile merger
Britain’s Competition and Markets Authority has approved the £15 billion merger between Vodafone and Three, provided the companies commit to investing billions…
Shell, Equinor to merge UK offshore oil, gas operations
Shell and Norway’s Equinor have announced plans to merge their British offshore oil and gas assets into a joint venture. The new…
NCDMB commits N15bn to support local contractors
The Nigerian Content Development and Monitoring Board has allocated N15 billion for the revised Community Contractors Financing Scheme. This initiative aims to…