Senate To NUPRC: Stop IOCs Evading Tax From Lifting Crude Oil   The Senate Committee on Finance has asked the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to stop international oil companies (IOCs) evading tax from lifting crude oil. The panel said...

Nigeria Air Attracting More Foreign Investors, Says FG   The proposed national carrier, Nigeria Air, is currently attracting a lot of investors, as many organisations are showing interest to invest in the airline, the Federal Government said on Tuesday. It stated...

Nigeria Targets N12.4trn From Non-Oil Commodities – NEPC   The Nigerian Export Promotion Council (NEPC) has said the country is targeting N12.4 trillion ($30 billion) in the next five years from non-oil commodities. NEPC’s North Central coordinator, Mr Samson A. Idowu, disclosed...

In 12 Months, Food Imports Exceed Exports By N2.23trn   The total international trade in agricultural goods in the country stood at N3.24tn in 2021, with the import value exceeding export value by N2.23tn, findings have revealed. Despite interventions by the Federal...

Fed Govt Bars 10 Firms, Grants Three-year Tax Relief To 33 Companies   The Federal Government approved the application of 33 companies seeking pioneer status under the Industrial Development Income Tax Act in 2021. This was contained in the quarterly PSI reports...

N157bn Released To Fund Second Niger Bridge – Ahmed   The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has disclosed that the federal government has so far released N157bn for the Second Niger Bridge project. The minister disclosed this...