Business

A leading gas company, UTM Offshore Ltd, owner of Nigeria’s first Floating Liquified Natural Gas (UTM FLNG) company has x-rayed the policy thrust of the President Bola Ahmed Tinubu administration and expressed optimism that the administration would revamp the nation’s productive sector. The Managing Director of UTM Offshore Ltd, Dr....

…Committee Set Up By Tinubu To Reconcile NNPC’s Remittances To FAAC Submits Preliminary Report Despite the claims by the Nigeria Extractive Industries Transparency Initiative (NEITI) that the defunct Nigeria National Petroleum Corporation (NNPC) did not remit $1.9bn to the federation account in 2021 before transitioning to a commercial venture, the...

Cross River State Governor, Senator Bassey Otu, has charged info tech investors from the United States to take advantage of the large pool of young and active population to establish ICT hubs in the state. The governor made the call when he received members of the Silicon Products Group during...

The Nigerian oil and gas industry survived the period of COVID-19, because of the huge local human and infrastructural capacities the board developed since the enactment of the Nigerian Oil and Gas Industry Content Development Act in 2010. Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB, Engr...

The Independent Petroleum Marketers Association of Nigeria, IPMAN, has appealed to Anambra State governor, Chukwuma Soludo, to pay the sum of N900.7 million debt owed to its members over supply of diesel. IPMAN made the appeal in a letter to the governor which was signed by Chinedu Anyaso and Emeka...

By Fatima Oluwakemi Saka In commomeration of 2023 World Tourism Day, the World Tourism Organization, a UN specialized Agency has emphasized on the important of tourism as a pillar of the global economies and sustainable growth, saying It plays a central role in our societies and in our individual lives....

Douglas Blessing, Port Harcourt The Convention on Business Integrity (CBi) and Maritime Anti-Corruption Network (MACN) has shown a strong strength in the reform of the Nigerian port. This as CBI in collaboration with MACN hosted a conference in Port Harcourt, for stakeholders who works in port. The organisers of the...

Despite the prospect of accelerated economic growth, the presence of multiple taxation, which the World Bank has termed ‘nuisance taxes’ has and continues to prove to be a bane on economic development in the Nigeria. This was the crux of the conversation of a regional stakeholders workshop on multiple taxation...

The Nigerian Electricity Regulatory Commission (NERC) has launched an application that will enable citizens report power outage complaints and disruptions across the country. Speaking during the app’s launch in Abuja on Monday, Sanusi Garba, NERC chairperson, said the development is in line with the commission’s pledge to improve service delivery...