Economy
Nigeria Plans to Become a Net Exporter of Fertiliser after Commissioning Africa’s Biggest Urea Plant
The 3-million-ton facility near Lagos, the commercial hub, adds to existing output of 3.1 million tons in the West African...
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Second Niger Bridge hits 91% completion, FG declares
The Federal Government, yesterday, disclosed that the Second Niger Bridge, which was billed for completion last month (February) but delayed...
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FG Eyes $2.6trn Global Halal Market, Seeks Framework for Certification
The Minister of Industry, Trade and Investment, Mrs. Maryam Katagum, has inaugurated a 14-member technical committee on the development of...
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FG Raises Concern as Mining Contribution to GDP Declines to 0.33%
The federal government has expressed concern over the significant decline in the contribution of the mining sector to Nigeria’s Gross...
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32% of Nigeria’s flagged projects failed loan conditions –AfDB
The Director-General, Nigeria Country Department, African Development Bank, Mr. Lamin Barrow, says that 32 per cent of flagged project operations,...
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Nigeria’s total domestic gas requirement now 4.482BCF – FG
The Federal Government on Wednesday announced that the country’s total domestic gas demand was currently 4.482 billion standard cubic feet...
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Petrol scarcity bites harder as transport fares rise by 125% across various parts of the country
The scarcity of Premium Motor Spirit also known as petrol in Abuja persisted on Tuesday, leading to an over 100...
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NACCIMA Seeks End to Fuel Queues, Implementation of PIA
The Nigerian Association of Chambers of Commerce Industries Mine and Agriculture (NACCIMA) has called on the federal government and other...
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FG to deal with employers defaulting on minimum wage payment
The Federal Government says it will sanction employers of labour that fail to pay the national minimum wage of N30,000...
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Company income tax fell by N124.71bn in 2021 Q4 – NBS
Nigeria’s Company Income Tax fell by N124.71bn in the fourth quarter of 2021, according to the National Bureau of Statistics....
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