Business

FG floats N729bn power debt reduction bond

FG floats N729bn power debt reduction bond

The Federal Government is set to raise about N729 billion through a second bond issuance aimed at clearing verified legacy…
IPMAN opposes new fuel import licences

IPMAN opposes new fuel import licences

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has criticised the Federal Government’s decision to approve additional petroleum product import…
Tinubu signs order to overhaul virtual asset regulation

Tinubu signs order to overhaul virtual asset regulation

  President Bola Tinubu has signed a new executive order aimed at creating a coordinated regulatory framework for Nigeria’s growing…
FAAN introduces biometric system for domestic travel

FAAN introduces biometric system for domestic travel

  The Federal Airports Authority of Nigeria (FAAN) has launched a new biometric verification platform aimed at transforming the experience…
Nigeria’s reserves hit $51.86bn, 17-year high

Nigeria’s reserves hit $51.86bn, 17-year high

Nigeria’s foreign reserves have climbed to $51.86 billion, the highest level recorded in more than 17 years, surpassing the Central…
PETROAN urges FG to revive refineries

PETROAN urges FG to revive refineries

  The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called on the Federal Government to urgently restore…
Delta IGR hits N200bn – Commissioner

Delta IGR hits N200bn – Commissioner

  Delta Government says it Internally Generated Revenue(IGR) has increased from N84 billion in 2023 to more than N200 billion,…
Oyedele warns against fiscal illusion

Oyedele warns against fiscal illusion

  The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, has said Nigeria’s pursuit of sustainable…
Nigeria, Hong Kong sign double tax treaty

Nigeria, Hong Kong sign double tax treaty

  Nigeria and the Hong Kong Special Administrative Region of China have signed an agreement to eliminate double taxation and…
World Bank warns Nigeria over electricity reform delays

World Bank warns Nigeria over electricity reform delays

  The World Bank has raised concerns over delays affecting Nigeria’s Distribution Sector Recovery Programme (DISREP), warning that legal disputes,…
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