CNG Attracts N1.5trn Investment in 18 Months - Report The Presidential Compressed Natural Gas Initiative (PCNGI) has stated that since the introduction of CNG in the country, it has attracted $980m (N1.504trn) investment in 18 months. Speaking during the launch of...

Fix PHarcourt Refinery or Resign, Marketers Warn Ojulari Oil marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have asked the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Bayo Ojulari,...

FG Funds 2024 Capital Projects with 2025 Revenue – DG Budget The Director-General of the Budget Office of the Federation, Dr. Tanimu Yakubu, said the federal government is funding the capital component of the 2024 budget using revenue accrued under...

Trust Issues, High Fees Keep 25% of Nigerians Unbanked, Says World Bank The World Bank says twenty-five per cent of Nigerians without bank accounts have highlighted trust issues and high charges as barriers to their involvement in the formal financial...

FG Moves to Revive Moribund Steel Firms, Cut Imports The Federal Government has indicated plans to revive all moribund steel companies in the country, more than two decades after a failed privatisation drive left once-thriving plants across Nigeria in ruins. It...

Tinubu Directs FIRS, Customs to Review Revenue Deductions President Bola Tinubu has directed a review of deductions and revenue retention practices by Nigeria’s major revenue-generating agencies, in a bid to boost public savings, improve spending efficiency, and unlock resources for...