Nigeria Government Plan To Reduce Crude Oil Production Cost To $10
The Federal Government of Nigeria is working towards reducing the cost of crude oil production to as low as $10 per barrel in the oil and gas sector, the Minister…
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ShopRite Nigeria Deny Closing Shop – Opens Investment Opportunity to Nigerians
Retail giant, Shoprite Nigeria, has denied the news in circulation that it intends to close shop in Nigeria. The Country Director for Chastex Consult, Ini Archibong, in a telephone chat,…
Continue readingNESP Stimulus: Osinbajo Lists Support Schemes For MSME Survival – To Fund Payroll for Three Month
Nigeria Vice President, Professor Yemi Osinbajo, has said the Federal Government, through the National Economic Sustainability Plan (NESP), is set to implement a number of schemes as part of COVID-19…
Continue readingNigeria Is Already Paying China Loans – Rotimi Amaechi Declares
After the controversy generated by the National Assembly over $500m China loans, Nigeria’s Minister of Transportation, Mr. Rotimi Amaechi, has said the country has already started repaying the China loans….
Continue readingNigerian Railway Corporation (NRC) Resume Cargo Freighting, Moves 20,760 tons in 19 days
The Nigerian Railway Corporation (NRC) has resume Cargo freighting on the single gauge Lagos – Kano rail line. The NRC announced it moved 20,760 tons of containers between June 30…
Continue readingFIRS Extends Deadline For Tax Filing By one Week
The Federal Inland Revenue Service (FIRS) has announced an extension of the deadline for filing of returns in some tax categories by one week. FIRS Director of Communications and Liaison,…
Continue readingStart Charging 6% Stamp Duty For Tenants – FIRS Tells Landlords & Property Agents
The Federal Inland Revenue Service (FIRS) has directed landlords and property agents in Nigeria to commence charging six percent (6%) Stamp Duty on all tenancy and lease agreements. According to…
Continue reading60% of N220bn SME Fund (MSMEDF Loan) Will Go to Women – CBN
The Central Bank of Nigeria (CBN) has announced that 60% of N220bn Micro, Small and Medium Enterprises Development Fund (MSMEDF Loan) SME Fund will be given to women. The apex…
Continue readingNNPC / SNEPCo National University Scholarship Programme 2020
Nigerian National Petroleum Corporation (NNPC), Shell Nigeria Exploration and Production Company Limited (SNEPCo) and its co-venture partners hereby invites applications from qualified Nigerian students for the 2020 NNPC/SNEPCo National University…
Continue readingNLNG Denies Allegation of Illegal Withdrawal of $1.05bn
The Nigeria LNG Limited (NLNG) has described as untrue the allegation that its Managing Director/Chief Executive Officer, Tony Attah, and the Group Managing Director of the Nigerian National Petroleum Corporation…
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