The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe, on Monday disclosed that Nigeria’s gas reserves will last the next 94 years.The NUPRC boss spoke at the opening of the 16th Nigerian Association for...
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has announced that the National Oil Company will issue its Initial Public Offer to investors.Kyari disclosed this during the 22nd Edition of the NOG Energy...
The Lagos State Government through the Lagos Environmental Sanitation Corps (LAGESC) has vowed to continue on its total clampdown on alcohol sales in parks, street trading, hawking on major highways and garages. LAGESC Corps Marshal, Gbemisola Akinpelu disclosed this, adding...
Months after banks restricted withdrawals on automated teller machines (ATMs), commercial banks in the country are beginning to increase the maximum amount of cash customers can withdraw on a daily basis to N200,000, LEADERSHIP has learnt.In an emailed notice...
President Bola Tinubu has assured genuine local and foreign investors of his administration’s commitment to providing conducive environment.Mr Julius Rone, Group Managing Director of UTM FLNG Ltd, made this known after a meeting with Tinubu on Wednesday in Abuja.The...
The Director, Federal Ministry of Finance, Budget, and National Planning on Special Projects, Victor Omata, disclosed that N58bn had been recovered from 11 Ministries Departments and Agencies. This was stated on Tuesday by Bridget Molokwu, who represented Omata at...
A wave of shock and disappointment soar in the country as the new electricity tariff comes into effect on July 1, 2023. The announcement of the tariff increment was made by the Distribution Companies (DisCos), as part of the...
The Federal Inland Revenue Service (FIRS) has made available updates on the implementation of the input value added tax (VAT) filing procedures via its administration solution, TaxPro-Max.TaxPro-Max enables seamless registration, filing, payment of taxes, and automatic credit of withholding...
Unions in the aviation industry have appealed to Nigerian President, Bola Ahmed Tinubu to halt the hitherto 40 per cent deductions from the financial accruals of the aviation agencies as prescribed by the Finance Act 2022.The workers stated that...
The exchange rate of the Naira to the US Dollar was stable at the black market and the peer-to-date (P2P) segments of the foreign exchange (FX) market on Wednesday.The Nigerian economy was shut down on Tuesday due to the...
