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Federal Government Addressing Root Cause of Power Sector Problems – Minister
By: Olubunmi Osoteku
The Federal Government has said it is addressing the root cause of the problems bedeviling the power sector, in order to find a lasting solution.
The Minister of Power, Adebayo Adelabu, who…
ARCON And Practitioners Disagree Over New Advertising Regulation
Since the introduction of the Advertising Regulatory Council of Nigeria’s new regulation, practitioners have expressed divergent views about it, reports said.
For almost two years, the Advertisers Association of Nigeria has been at…
Foundation Holds Boothcamp To Proffers Solutions To Economic Challenges
By: Chinwe Onuigbo, Awka
The Ultimate Destiny Uplifters Foundation (UDUF Africa) , a Non Governmental Organisation (NGO), recently organized a two-day business leadership Bootcamp in Onitsha Anambra State, South East…
Dangote, 106 Others Get Tax Holiday Over N2.5tn Investments
About 107 companies including Dangote and Mikano International are currently enjoying tax exemption from the Federal Government despite its insistence to discontinue the programme and drastic steps to improve its revenue base, reports said.…
Climate Action Africa Organisation To Woo Investors At Forum
A climate resilience organisation, Climate Action Africa, has disclosed that it would be using the inaugural Climate Action Africa Forum to urge governments, businesses, and individuals to invest in climate-smart initiatives.
In a…
Association Plans Stakeholders Consultation Over Bank Recapitalisation
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has said it will consult with stakeholders and await the disclosure of the complete policy framework from the CBN and the government.
The…
Naira Closes 1,309/$ As Banks Sell $2.5bn
The Central Bank of Nigeria (CBN) and other banking institutions have in the last two weeks, improved dollar supply to the foreign exchange market by $2.5bn.
The improved dollar supply has made the naira strengthen to N1,309 against the…
Food Prices Won’t Drop Immediately Despite Naira Appreciation – Economists
Economists have stated that it will take some time for Nigerians to feel the impact of the current strengthening of the naira against the dollar on the prices of commodities in the country.
The Chief Executive Officer of Economic…
Oil Producing Fields In Nigeria Rise to 246, says FG
Nigeria now produces crude oil from over 246 fields across the country and operates 188 production stations/platforms, the Federal Government has stated.
Reports said that the Nigerian Upstream Petroleum Regulatory Commission, an agency…
TotalEnergies Promises Sustainable Energy
TotalEnergies in marking 100 years of existence, the company has promised to continue to adjust and adapt to be part of the story of energy for another 100 years.
On March 28, 1924, Compagnie Française des Pétroles was founded in France,…