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Oyedele Resigns from PwC, to Focus on Tinubu’s Tax Reform Committee

Oyedele Resigns from PwC, to Focus on Tinubu’s Tax Reform Committee A fiscal policy partner and Africa tax leader at PriceWaterhouseCoopers (PwC), Taiwo Oyedele, has resigned from his position in the organisation. Mr Oyedele announced his resignation via his verified Twitter handle on Wednesday. He is said...

Tayo Aduloju Appointed Chairman of NESG

Tayo Aduloju Appointed Chairman of NESG The Nigerian Economic Summit Group (NESG) has appointed Tayo Aduloju as its chief executive officer (CEO). The private sector-led think-tank‘s board made the announcement in a statement on Wednesday. The appointment will take effect January 1, 2024, after the completion of...

Fuel Marketer’s Vessel Arrival Ends NNPCL Reign 

Fuel Marketer’s Vessel Arrival Ends NNPCL Reign  First batch of 27 million litres of petrol imported by an independent marketer has arrived in the country, ending Nigerian National Petroleum Company Limited's downstream monopoly. The vessel, ST Nnene earlier billed to arrive since last week, but was...

Solid Mineral: FG to Support Miners with Single-Digit Loans

Solid Mineral: FG to Support Miners with Single-Digit Loans The Federal Government, through the Solid Minerals Development, has said it will support the private sector with low-risk, single-digit loans for greenfield exploration in the country. Greenfield exploration refers to uncharted territory where mineral deposits are not...

Naira Devaluation, Others Hiked Fuel Price – Marketers

Naira Devaluation, Others Hiked Fuel Price - Marketers Oil Marketers on Wednesday blamed the recent price increase in Premium Motor Spirit, commonly known as petrol to the naira devaluation and the current rise in crude oil prices. The Chairman of the Major Oil Marketers Association of...

IMF Warns FG on Dollar Rise, Weak Economy

IMF Warns FG on Dollar Rise, Weak Economy The International Monetary Fund has said a 10 per cent appreciation in the dollar, linked to global financial market forces, decreased economic output in emerging market economies including Nigeria by 1.9 per cent. It noted that this decline...