Shell Signals Up to $20bn Investment in Nigeria
Shell Plc has indicated plans to invest up to $20 billion in Nigeria in the coming years, citing renewed confidence in the country’s oil and gas sector following policy reforms introduced by President Bola Ahmed Tinubu.
The indication...
No Clause Was Inserted Into New Tax Laws - Oshiomhole
Former Edo State Governor and Senator representing Edo North, Adams Oshiomhole, has pushed back strongly against criticisms of the Federal Government’s new tax laws, insisting that the reforms are progressive, transparent, and designed to protect...
$5bn Bonga S'West Project Gets Presidential Support
President Bola Tinubu has approved targeted incentives to unlock Shell’s long-delayed $5bn Bonga South-West deep-offshore oil project. He also directed his Special Adviser on Energy, Olu Verheijen, to facilitate the gazetting of the incentives in line with Nigeria’s...
Tax Reform to Protect Low-income Nigerians - Oyedele
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified that small-scale investors in the capital market are fully exempted from paying capital gains tax, while the 2026 tax reform law...
Federal Roads to Gulp N3.23tn in 2026
The Federal Government has proposed spending N3.23tn on the construction and rehabilitation of federal roads in the 2026 budget, marking a sharp increase in capital allocation to the transport sector as it intensifies efforts to complete long-delayed highways...
Nigeria, UAE End Tariffs on over 13,000 Products
The Federal Government has announced that Nigeria has eliminated tariffs on 6,243 products imported from the United Arab Emirates, and the UAE has removed tariffs on 7,315 products imported from Nigeria, as part of a new trade...
