Local Business

The Federal Government has proposed an 18-month extension for the implementation of the Petroleum Industry Act (PIA) originally scheduled to kick off this February.

President Muhammadu Buhari Friday signed the 2022 Appropriation Bill of N17.126 trillion into law.

Officers of the Nigeria Customs Service attached to the Tin Can Island Command on Friday intercepted a container loaded with arms and ammunition, The Punch has reported.

  …. each entrepreneur receives non-refundable US$5,000 ….68% of beneficiaries are women entrepreneurs   Lagos, Nigeria: The Tony Elumelu Foundation (TEF), the leading philanthropy empowering African entrepreneurs from all 54 African countries, has selected 4,949 entrepreneurs from across Africa for its 2021 Entrepreneurship Programme.

Residents of Onitsha in Anambra State on Monday lamented the effect of the sit-at-home order imposed by the proscribed Indigenous People of Biafra (IPOB) in the South East.

World Bank

The Federal Government has hinted that it may explore an out-of-court solution to the lingering legal battle between its agency, Federal Inland Revenue Service, and Rivers and Lagos states over the collection of Value Added Tax.

MTN Nigeria and Airtel Africa have secured approval in principle to operate a payment service bank (PSB).

NATIONAL President, Ijaw National Congress, INC, Prof Benjamin Okaba, has said the proposed Bill to delete Section 162, subsection 2 of the 1999 Constitution, which deals with derivation principle by 59 northern Members of House of Representatives, was an invitation to chaos.

The Economic and Financial Crimes Commission, EFCC, today October 18, 2021, re-arraigned two British nationals, James Richard Nolan and Adam Quinn (at large), before Justice D.U. Okorowo of the Federal High Court, Abuja for their alleged complicity in the controversial Process and Industrial Development gas processing contract, leading to the $9.6bn arbitral award to P&ID Limited by a United Kingdom commercial Court.