Abacha Loot: Swiss Lawyer Tackles AGF over N7bn Legal Fees The Swiss lawyer hired by Nigeria to recover late Sani Abacha’s loot, Enrico Monfrini, has disclosed...
Liquidity Crisis/Inadequate Tariffs A key function of the Nigerian Electricity Regulatory Commission (NERC) as contained in section 32(d) of the Electricity Power Sector Reform (EPSR) Act...
BoI, CEXIM seal $500m Pact for Refineries, Gas Recovery The Bank of Industry (BoI), and the Export-Import Bank of China (CEXIM), have signed a Memorandum of...
FIRS to Raise Tax-to-GDP Contribution by 20% The Federal Inland Revenue Service has expressed its commitment to increase government’s revenue through taxation by 20 per cent...
Power Firms Fail to Provide Meters for 58% of Customers Electricity consumers have expressed disappointment as nine of the 11 power distribution companies in the country...
We’ll go After Billionaire Tax Defaulters – FIRS The Federal Inland Revenue Service will soon go after the bank accounts of defaulting taxpayers, who are raking...
ENL, Chinese Firms to Move Cargoes Using Barges As part of efforts to find a lasting solution to the perennial gridlock in Apapa, the ENL Consortium,...
OPEC, Others to Discuss Oil Output Increase Sharing A technical committee consisting of the Organisation of Petroleum Exporting Countries and non-OPEC producers will discuss proposals for...
BoI Secures $500m Facility for Modular Refineries The Bank of Industry has signed a memorandum of understanding with the Export-Import Bank of China for the provision...
Power Grid Records 10 Collapses Amid Zero Backup Capacity The nation’s power grid has suffered its ninth total system collapse this year amid a lack of...