Business

NIPC seeks tax holiday for medical, pharmaceutical sectors

NIPC seeks tax holiday for medical, pharmaceutical sectors

In a bid encourage investments in the healthcare and pharmaceutical sectors, Nigerian Investment Promotion Commission (NIPC) has advised that several…
AfDB debars China Zhonghao for fraudulent practices

AfDB debars China Zhonghao for fraudulent practices

The African Development Bank Group has announced the debarment of China Zhonghao Nigeria Limited, a civil engineering company registered in…
FIRS sets new record, as Q1 2020 revenue collection hits N1.2trn

FIRS sets new record, as Q1 2020 revenue collection hits N1.2trn

The final performance result in revenue collection by the Federal Inland Revenue Service (FIRS) for the first quarter(Q1, 2020) has…
TCN says electricity supply revenue may dip during lock-down

TCN says electricity supply revenue may dip during lock-down

​The Transmission Company of Nigeria (TCN) has said the ongoing lockdown may affect revenue generation for the power sector during…
Power minister says REA installs 4 solar grids at COVID-19 Centres

Power minister says REA installs 4 solar grids at COVID-19 Centres

The Minister of Power Engr. Sale Mamman says the Rural Electrification Agency (REA) has commissioned four solar power mini-grids at…
‎COVID-19: FG reduces price of NPK Fertilizer to N5,000 per bag

‎COVID-19: FG reduces price of NPK Fertilizer to N5,000 per bag

The Federal Government of Nigeria has reduced the price of NPK ‎20.10.10. Fertilizer from N5,500 to N5,000 per 50kg bag.…
Electricity: FG approves N200bn to improve gas supply for GenCos

Electricity: FG approves N200bn to improve gas supply for GenCos

The Federal Government today approved the sum of N200 billion for improved gas supply to the power Generation Companies (GenCos),…
SEC denies conducting Recruitment Exercise

SEC denies conducting Recruitment Exercise

The Securities and Exchange Commission (SEC), has denied conducting any recruitment exercise as being speculated by some persons. The Commission…
We don’t charge any Fee on COVID-19 Loan Applications -CBN clarifies

We don’t charge any Fee on COVID-19 Loan Applications -CBN clarifies

The Central Bank of Nigeria (CBN) yesterday clarified that it does not charge any fee on COVID-19 Loan Applications as…
OPEC: Nigeria, South Sudan join Others to stabilise Oil Market

OPEC: Nigeria, South Sudan join Others to stabilise Oil Market

The Hon. Minister of State for Petroleum Resources, Nigeria, and Minister of Petroleum of South Sudan, Hon. Puot Kang Chol…
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