New Tax Regime to Ease Burden on Workers and Small Businesses – Joseph Tegbe Chairman of the National Tax Policy Implementation Committee (NTPIC), Joseph Tegbe, has affirmed that Nigeria’s new tax regime is designed to ease the burden on workers and small businesses while strengthening the country’s fiscal sustainability and economic competitiveness. Speaking at the…
Nigeria Among Most Attractive Investment Destinations in Oil and Gas Industry Nigeria has been identified as one of the most attractive investment destinations in the global oil and gas industry, with the Federal Government urging operators to take advantage of emerging short-term opportunities in the sector. The Minister of State for Petroleum Resources (Oil), Heineken…
Nigeria, UK Seal £746m Pact to Transform Apapa, Tin Can Ports Nigeria has secured a £746 million financing deal with the United Kingdom aimed at overhauling its key seaport infrastructure, in a move expected to boost efficiency and strengthen the country’s position in global maritime trade. The Minister of Marine and Blue Economy, Adegboyega Oyetola,…
Shell Honours Ardova Plc with Global Award for Excellence in Nigeria’s Lubricants Market Shell plc has praised Ardova Plc for its outstanding performance and leadership in Nigeria’s lubricants sector, highlighting the company’s growing influence in the industry. The recognition came at the 2025 Shell Macro Distributors Cup held in Milan, where Ardova Plc received a…
NLC Demands Urgent Government Intervention as Petrol Prices Surge to N1,300 Per Litre The Nigeria Labour Congress (NLC) has called on the Federal Government to urgently intervene in the country’s worsening cost-of-living crisis following the sharp rise in petrol prices triggered by tensions in the Middle East. In a press statement issued on March 13…
Soaring Global Energy Prices Threaten Nigerian Businesses – CPPE The Centre for the Promotion of Private Enterprise (CPPE) has warned that the sharp rise in global energy prices, driven largely by geopolitical tensions in the Middle East, poses a serious threat to the survival of Nigerian businesses. In an advisory note titled “Mitigating the Impact…
NLNG Expands VIBES Programme with Induction of New Beneficiaries NLNG’s economic empowerment initiative, the Vocational Innovation Business and Empowerment Scheme (VIBES), has inducted a new cohort of 103 trainees into its 2026 empowerment programme. The induction ceremony, held in Port Harcourt on Monday, marked a significant milestone in the scheme’s ongoing commitment to skills development…
Togo Seeks More Electricity From Nigeria as Demand Rises The Republic of Togo has indicated interest in increasing the volume of electricity it currently imports from Nigeria through the Niger Delta Power Holding Company (NDPHC), as part of efforts to meet growing energy demand and provide reliable power to newly connected consumers. The request was…
Ugo Amadi, Adeola Yusuf Re-elected as NAEC Gets New Exco The Association of Energy Correspondents in Nigeria (NAEC) has elected a new set of executives for the next two years, returning Ugo Amadi of Champion Newspaper as National Chairman and Dr. Adeola Yusuf of Platforms Africa as Vice Chairman for second term. The keenly contested…
Togo Seeks Higher Power Supply from NDPHC to meet Rising Demand The Republic of Togo has expressed interest in increasing the volume of electricity it currently purchases from Nigeria through the Niger Delta Power Holding Company (NDPHC), as part of efforts to meet growing power demand and extend reliable electricity supply to newly connected customers…