Boeing defense chief to step down from role
The head of Boeing’s defense unit, Ted Colbert is leaving the company effective immediately, according to CEO Kelly Ortberg. Ortberg made this…
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FG partners Russian consortium to revive Ajaokuta steel plant
The Federal Government of Nigeria, through the Ministry of Steel Development, has signed a Memorandum of Understanding with a Russian consortium to…
CBN temporarily withdraws policy guidelines amid media misrepresentation
The Central Bank of Nigeria has announced the temporary withdrawal of its Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for the…
FIRS addresses challenges in Nigeria’s tax reforms
The Executive Chairman of the Federal Inland Revenue Service, Zacch Adedeji addressed Nigeria’s recent tax reforms on Wednesday, as industry leaders discussed…
Keyamo issues 24-hour ultimatum to NCAA on air ticket refunds
The Minister of Aviation and Aerospace Development, Festus Keyamo, has issued a 24-hour ultimatum to the Nigeria Civil Aviation Authority to address…
Nigeria’s nominal GDP reaches N60.93tn in Q2 – FG
The Federal Government has reported that Nigeria’s nominal Gross Domestic Product reached N60.93 trillion in the second quarter of 2024, indicating notable…
NRC reports N1.69bn from train passengers in Q2 2024
The Nigerian Railway Corporation has announced a 53.14% increase to N1.69bn in revenue from passenger transport for the second quarter of 2024.…
SEC to enhance NGX listings with govt-owned enterprises
The Securities and Exchange Commission has urged government agencies and state-owned enterprises to consider listing on the Nigerian Exchange Ltd. The Director-General…
NCC initiates 6GHz spectrum to boost internet speed
The Nigerian Communications Commission has initiated efforts to utilize the 6GHz spectrum to enhance internet speed in Nigeria. This disclosure was made…
Coca-Cola plans $1bn investment in Nigeria over five years
Coca-Cola Hellenic Bottling Company plans to invest $1 billion in Nigeria over the next five years to expand its operations. This investment…
Fiscal policy: Multiple taxes reason for hike food prices, says Oyedele
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele revealed that truck drivers incur over N450,000 in…
Nigeria’s foreign reserves record $2.35bn monthly net inflow – Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that Nigeria is currently recording a net inflow…