Economic Confidential

African Oil producers Rely on Kachikwu for $1bn investment fund

African Oil producers Rely on Kachikwu for $1bn investment fund Africa’s oil producers will be relying on Nigeria’s Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, to help them attract as much as $1 billion they intend to invest...

Buhari, Gov Sani-Bello, Others Attend Dubai Investment Meeting

 Buhari, Gov Sani-Bello, Others Attend Dubai Investment Meeting …urges Global Leaders to Ensure Inclusive, Accessible and Safe Digital World President Muhammadu Buhari, Niger State Governor, Alhaji Abubakar Sani-Bello, Edo State Governor, Mr Godwin Obaseki and Jigawa State Governor, Alhaji Abubakar Badaru...

FIRS, Lottery Commission Collaborate on Digital VAT Collection

FIRS, Lottery Commission Collaborate on Digital VAT Collection The Federal Inland Revenue Service (FIRS) and the National Lottery Regulatory Commission (NLRC) have started processes to automate the collection of Value Added Tax (VAT) in the lottery and gaming businesses in...

Shell Nigeria leads IOCs in local content

Shell Nigeria leads IOCs in local content Shell Nigeria has been named as the most impactful International Oil Corporation (IOC) by the Nigerian Content Development and Monitoring Board (NCDMB) on Local Content Initiatives in the Nigerian Oil and Gas industry. Shell...

Finance Minister Signs $523.8m TA Grant with Islamic Devt Bank

Finance Minister Signs $523.8m  TA Grant with Islamic Devt Bank Finance Minister Mrs Zainab Shamsuna Ahmed, has disclosed signing a $523.8m about (N185.9 million) Technical Assistant(TA) Agreement grant with the Islamic Development Bank (ISDB) Group, in Marrakesh, Morocco. This was...

Excess crude account drains amid oil price volatility

Excess crude account drains amid oil price volatility There are concerns that the gradual depletion of Excess crude account due to global oil price volatility may slip the country back into recession, Programme Coordinator of the Nigeria Natural Resource Charter...
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