Business Report
BUA Foods set to build 4 new wheat milling plants
BUA Foods Plc has signed a deal with a Turkish milling equipment manufacturer, IMAS, to build four new wheat milling...
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FG establishes committee to enhance risk management in Nigeria
The Federal Government has established a committee to assess and manage the various risks confronting the country. This initiative was...
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NNPCL has no funds to fix old pipelines – FG
The Federal Government has declared that the Nigerian National Petroleum Company Limited does not have the funds required to rebuild...
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Tinubu to inaugurate N178bn Onne terminal next week
The President, Bola Tinubu, will officially inaugurate the upgraded West Africa Container Terminal in Onne, Rivers State, next week Wednesday,...
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Nigeria owes NNPC $4.9bn fuel debt – Report
The Federal Government owes the Nigerian National Petroleum Company Limited almost half of what it plans to collect in revenues...
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NNPC gets Tinubu’s approval to use FG’s dividend to fund petrol subsidy
President Bola Tinubu has approved Nigerian National Petroleum Company (NNPC) Ltd. request to use its 2023 final dividend to fund...
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FG to introduce new tax law, overhaul revenue administration process
Executive Chairman of the Federal Inland Revenue Service, FIRS Mr Zacch Adedeji, has revealed plans to introduce a law that...
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NAHCO denies N778m fraud allegations
The Nigerian Aviation Handling Company (NAHCO) has denied recent allegations of fraudulent activities involving the company’s role in the 2024...
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FG sets 90-day payment deadline for national housing scheme subscribers
The Federal Government has given subscribers of the National Housing Programme a 90-day deadline to complete their payments, with an...
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Floods destroy 32,837 houses, displace 227,494 persons – NEMA
The National Emergency Management Agency has said that 27 states have been impacted by floods, with a total of 227,494...
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