Crude Oil Remittance: Court Upholds $1.7bn Arbitral Award In Favour Of NPDC           The Federal High Court in Lagos has upheld a landmark $1.7billion arbitral award in favour of the Nigerian Petroleum Development Co. (NPDC) Ltd against the Atlantic Energy Drilling Concepts Nig. Ltd and Atlantic...

Lawmakers Accuse Apapa Gridlock Presidential Task Force Of Extortion       The House of Representatives has said the Federal Government should pay attention to the construction of access roads linking seaports in the Apapa area of Lagos State. It also accused the presidential task force set up to...

NLNG Targets Eight More Plants As Competition Grows         The Nigeria LNG Limited has said Nigeria needs at least 15 Liquefied Natural Gas trains to be able to stay competitive in the global natural gas markets. The Managing Director and Chief Executive Officer, NLNG, Mr Tony Attah,...

CITN Seeks Holistic Review Of Tax Incentives         The Institute of Taxation of Nigeria (CITN) has called for a more holistic review of the country’s tax incentives regime. They urged that tax incentives must be properly structured towards achieving its objectives. President and Chairman of Council, CITN, Gladys...

Renewable Energy Breakthrough Threatens Nigeria’s Gas Investments         Efforts by the government to harness its 203.16 trillion cubic feet (TCF) gas reserves to spur economic activities and boost revenue may remain elusive as an emerging energy solution, especially renewable energy and energy storage, are projected to...

Cost Of Data Slashed By 50% In 2020 — FG         The Minister of Communications and Digital Economy, Isa Pantami, says data prices reduced by 50 per cent in 2020. The minister made this known in a statement signed Thursday by his Technical Assistant on Information Technology,...