NNPC Commences First Phase of Rehabilitation of Port Harcourt Refinery
…. Milan Based Maire Tecnimont S.P.A begins Revamp of 210,000bpd Plant
The first phase of the rehabilitation of Port-Harcourt Refinery has commenced as part of efforts at ensuring local sufficiency in...
Finance Minister is Board Chair of AU Peace Fund
The Africa Union (AU) on Thursday in Addis Ababa, Ethiopia appointed Minister of Finance, Mrs Zainab Shamsuna Ahmed as chairperson of Board of Trustees of the AU Peace Fund.
In a statement...
FIRS denies 50% VAT increase
The Federal Inland Revenue Service (FIRS) on Wednesday refuted report of planned increment of Value Added Tax (VAT) by 50 per cent to meet up payment of the newly proposed minimum wage.
Nigeria at present has...
Bad Loans: Nigeria Needs Reintroduction of Failed Bank Act- Kuru
The Managing Director of Asset Management Corporation of Nigeria (AMCON) Mr Ahmed Kuru has advocated the return of the failed bank Act in view of the resurgent huge toxic loans...
NNPC Assures of 2.3m bpd Crude Oil Production Budget Benchmark
The Nigerian National Petroleum Corporation (NNPC) has said that the Oil Industry would achieve the 2.3million barrel per day(bpd) production volume-target for the 2019 budget, assuring that measures have been...
FG Committed to Capital Market Growth
The Federal Government(FG) has again stated it’s commitment towards building a vibrant capital market that would contribute to the growth and development of the country.
Minister of Finance, Mrs Zainab Ahmed, said this In...