The Rural Electrification Agency (REA) has announced that the Federal Government, in partnership with the World…
Category: Business
Zenith Bank Announces Completion of IT Infrastructure Upgrade
Zenith Bank has successfully completed an Information Technology infrastructure upgrade aimed at enhancing the quality of…
African Oil Producers Secure 45% of Capital for $5 Billion Energy Bank
African oil-producing nations are making strides toward the establishment of a $5 billion energy bank, having…
President Tinubu Submits Four Tax Reform Bills to House of Representatives for Quick Passage
In a significant move to reshape the country’s tax system, President Bola Tinubu has submitted four…
FIRS Announces New Withholding Tax Regulations Effective January 2025
The Federal Inland Revenue Service (FIRS) has issued a public notice regarding new regulations on the…
Nigeria’s $2bn Fibre Optic Network Expansion May Take 18 Months to Secure Funding, Says Minister
The Nigerian government announced Wednesday that raising the $2 billion needed to fund a nationwide fibre…
Wale Edun Unveils Fiscal Incentives to Boost Nigeria’s Oil and Gas Sector
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has introduced…
Naira in Circulation Hits N4.1 Trillion, Only 6% Held in Banks – CBN
The Central Bank of Nigeria (CBN) has disclosed that the total currency in circulation has surged…
Chairman of Fiscal Policy Committee Defends Naira Float and Subsidy Removal as Imperative for Nigeria’s Economy
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, defended the recent…
Federal Government Launches Distribution of 2,000 CNG-Powered Tricycles to Empower Nigerian Youth
In a significant move aimed at youth empowerment and economic development, the Federal Government has officially…