The Lagos State Internal Revenue Service (LIRS) has taken stern action against tax noncompliance, announcing the closure of 34 corporate organizations and 23 hotels for failing...
Nigeria’s Federal Executive Council (FEC) has given its nod to a partnership with Germany’s GeoScan GmbH. The collaboration aims to explore and exploit an estimated $700...
Lagos State has taken a step towards accelerating its development as it signed a transformative deal with the African Export-Import Bank (Afreximbank) to secure a $1.35...
In a bid to address the persistent problem of ticket racketeering and enhance revenue generation, the Federal Government of Nigeria officially unveiled the E-ticketing platform for...
The Federal Government of Nigeria has inked a significant power distribution lines upgrade contract valued at $463 million with a Chinese consortium. This development was officially...
The Nigerian National Petroleum Company Limited (NNPCL) reported 149 incidents of crude oil theft in the Niger Delta over the span of a single week. This...
The Federal Government has unveiled ambitious plans to bolster Value-Added Tax (VAT) collection by hiring more tax agents in five key sectors. This initiative aligned with...
Nigeria has succeeded in overturning the enforcement of the $11 billion arbitration award in favor of Process and Industrial Developments (P&ID) after a five-year-long legal battle....
Filling stations in Nigeria, particularly those run by independent marketers, are dispensing Premium Motor Spirit (PMS), commonly known as petrol, at prices exceeding the government’s approved...
President Bola Tinubu called for the enhancement of cross-sectoral cooperation between Nigeria and the European Union (EU). This strengthening of partnerships is to be founded on...