KEY POINTS
President Tinubu’s dissolution of NNPCL’s board and appointment of Ojulari underscores a push for fresh direction in Nigeria’s oil sector.
The new CEO’s extensive experience in global energy markets and landmark local deals positions him as a potential game-changer.
From boosting crude...
KEY POINTS
Tinubu’s Paris visit focuses on evaluating his administration’s progress and planning the next phase of reforms.
Nigeria’s FX reserves have risen sharply to $23.11 billion, reflecting successful fiscal measures.
The trip aims to strengthen international partnerships and attract investments to key sectors.
President...
The IMF has revised Nigeria's 2024 economic growth forecast to 2.9 percent, citing disruptions in agriculture and oil production caused by flooding and insecurity.
The Nigerian government has proposed a 12.5% telecom tax, adding to the existing 7.5% VAT on telecom services, raising concerns about higher call and data costs.
Dangote Refinery has filed a lawsuit seeking to nullify NNPCL's import licenses and is demanding N100 billion in damages, claiming the licenses undermine local production.
Nigeria’s rising debt and looming cash shortage paint a troubling picture for its economic future. As global pressures increase, what can be done to avert a fiscal crisis?
DSS replaces Tinubu’s chief security officer, Adegboyega Fasasi, with Rasheed Lawal. Fasasi steps down for professional training, Lawal takes over the key role
The National Assembly has proposed reintroducing a 5% excise duty on telecom, betting, and gaming services under the Nigeria Tax Bill 2024, aiming to boost government revenue.
As Yoruba youth leaders they denounce the Uromi killings while advocating for governmental countermeasures to stop Fulani herdsmen raids in southwestern Nigeria.
Despite a government ban on public gatherings Senator Natasha conducted her event which led security forces to determine whether she should be arrested.