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W’Bank, UN support renewable energy investments in Nigeria

The Chief Executive Officer and Special Representative of the United Nations Secretary-General for Sustainable Energy for All, Damilola Ogunbiyi, and the recently appointed President of the World Bank, Ajay Banga, have expressed their support for private sector investments in renewable energy.   According to The PUNCH, they disclosed this in a statement on Friday during […]

The Nigerian Petroleum and Natural Gas Senior Staff Association has written to President Bola Ahmed Tinubu via the Chief of Staff's office to request that the
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NUPRC: PENGASSAN demands reversal of 4% cost collection split

The Nigerian Petroleum and Natural Gas Senior Staff Association has written to President Bola Ahmed Tinubu via the Chief of Staff’s office to request that the decision to divide the 4% cost collection from the Nigerian Upstream Petroleum Regulatory Commission be reversed. According to Nairametrics, the president was given till Wednesday, July 19 by PENGASSAN to […]

Tinubu signs seven bilateral agreements with Qatar
Business

Council urges Tinubu to include youths in ECOWAS agenda

The Economic Community of West African States Youth Council has encouraged the organization’s new chairman, Bola Tinubu, to prioritize the advancement of young people throughout his term in office. The EYC applauded Tinubu, who is also the president of Nigeria, for pledging to make the ECOWAS’ priority problems putting an end to coups, and preserving peace and security […]

Tinubu signs seven bilateral agreements with Qatar
Business

CITN urges Tinubu to slow down on strict economic measures

The Chartered Institute of Taxation of Nigeria encouraged President Bola Tinubu on Friday to slow down the adoption of radical economic measures in order to prevent disrupting the Nigerian economy. CITN President, Samuel Agbeluyi delivered the advice to journalists during the 3rd Joint Council Retreat of CITN and the Association of National Accountants of Nigeria in Abuja. […]

petrol pump
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Revert to old petrol price, NUJ tells FG

Juliet Buna   The Nigeria Union of Journalists has asked the Federal Government to reverse immediately the current price of petrol.   The union in a statement signed by the National secretary, Shuaibu Usman Leman also called on the Federal Government to put in place adequate measures to lessen the effects on ordinary Nigerians.   […]

Hacker breaches TeleMessage, exposes data linked to US officials
Policy and Regulations

Nigerian govt to amend Cybercrime Act – NSA

The Federal Government is now putting measures in place to amend the 2015 Cybercrimes Act to address challenges arising from emerging technologies like AI, according to the National Security Adviser, Mr. Nuhu Ribadu. Ribadu made this announcement on Wednesday at a two-day conference by the Cyber Security Experts Association of Nigeria’s two-day conference in Abuja. Ribadu was […]

BREAKING: Tinubu emerges ECOWAS Chairman
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BREAKING: Tinubu emerges ECOWAS Chairman

  President Bola Tinubu has been named the new Chairman of the Economic Community of West African States’ Authority of Heads of State and Government. Tinubu was voted head of the regional group during its 63rd Ordinary Session on Sunday afternoon in Bissau, Guinea-Bissau’s capital. “We will take democracy seriously, Democracy is very tough but […]

Stop forex restriction on items, impose tariffs, W’Bank tells FG
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Stop forex restriction on items, impose tariffs, W’Bank tells FG

  The World Bank has advised the Central Bank of Nigeria to terminate its foreign exchange restrictions on 41 products. According to the report, titled,”Nigeria Development Update (June 2023): Seizing the Opportunity,” the body stated that this would complement efforts to reduce inflation through a sequenced and coordinated blend of monetary, fiscal, and trade policies. […]

Friendly market policies'll boost Nigeria's credit profile - NGX
Business

PHOTOS: Tinubu receives MTN chair, NCC boss at Aso Villa

President Bola Tinubu met with the Executive Vice Chairman of the Nigerian Communications Commission, Dr. Umar Garba Danbatta,  and the Group Chairman of MTN, Mr. Jonas Mcebisi, who was accompanied by his team. The meeting took place on Friday in the State House in Abuja, with negotiations taking place behind closed doors. MTN is one of Nigeria’s top […]

FG can train area boys to be tax officers - Oyedele
Policy and Regulations

Tinubu launches tax reforms committee, names Oyedele chairman

President Bola Tinubu approved the formation of a Presidential Committee on Fiscal Policy and Tax Reforms on Friday. According to The Punch, the Fiscal Policy Partner and Africa Tax Leader at PriceWaterhouseCoopers, Mr. Taiwo Oyedele, was named committee chairman. The news comes just 24 hours after the President signed four Executive Orders delaying the 5% excise tax […]

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