HomeBusiness

Business

FG Meets Foreign Airlines Over Fare Hike 

FG Meets Foreign Airlines Over Fare Hike    The Federal Government, through the Minister of Aviation and Aerospace Development, Festus Keyamo, has disclosed ongoing efforts to address the high cost of air tickets for both domestic and international travel while also announcing enhancements in airport safety...

Finance Minister, NNPCL Review Crude Oil Sales Policy

Finance Minister, NNPCL Review Crude Oil Sales Policy The Technical Sub-Committee on the Naira-for-Crude Policy met on Thursday at the Ministry of Finance Headquarters in Abuja to assess developments and reaffirm commitments to the policy framework, a senior government official said. The source, who spoke on...

Reps Peg VAT at 7.5%, Adopt Tax Reform Bills 

Reps Peg VAT at 7.5%, Adopt Tax Reform Bills  The House of Representatives on Thursday considered and adopted the four tax reform bills. The bills were adopted after a clause-by-clause consideration and approval at the Committee of the Whole, chaired by the Speaker, Abbas Tajudeen. With the...

Customs Launches Scheme to Renovate Schools, Build Clinics, Provide Aid to Nigerians

Customs Launches Scheme to Renovate Schools, Build Clinics, Provide Aid to Nigerians By Tahir Ahmad The Nigeria Customs Service (NCS) has launched a Corporate Social Responsibility (CSR) Unit to spearhead impactful programs under its newly-introduced "Customs-Cares" initiative. This initiative aims to deepen community engagement and national development. The...

Africa’s Oil and Gas Projects to Gulp $43bn in 2025 

Africa's Oil and Gas Projects to Gulp $43bn in 2025  The African Energy Chamber’s State of African Energy 2025 Outlook Report has projected capital expenditure of $43 on oil and gas projects in Africa in the current year. This highlights strong investment trends, with West and...

Lagos Now Africa’s Second-largest City with $259 billion GDP – Report

Lagos Now Africa’s Second-largest City with $259 billion GDP - Report Lagos State’s Gross Domestic Product (GDP) has hit an impressive $259 billion based on purchasing power parity (PPP), making it Africa’s second-largest city economy. With the feat, Lagos now trails only Cairo, Egypt. This was disclosed...