Category: Business

The fleet of small river-going tankers is expected to help boost the country’s OPEC quota.

The post Nigeria Deploys Tiny Tankers For Crude Oil Transportation appeared first on Arise News.

“Please be informed that the federal government is focused on deepening our gas market and ensuring decarbonisation of upstream operations.”

The post NUPRC’s Komolafe Urges Winners of Gas Flare Commercialisation To Hasten Site Development appeared first on Arise News.

P&ID had agreed in 2010 to build a gas processing plant in Calabar but the company said the deal collapsed because Nigeria did not fulfill its end of the bargain.

The post Nigeria To Know Fate Monday As UK Court Delivers Judgment on P&ID’s $11bn Suit appeared first on Arise News.

“Nigeria is very much keen to support Angola’s domestic and foreign aspirations and the country’s overall development, and we expect reciprocity in this regard,” said information minister Idris.

The post Nigeria’s Export To Angola Hits $16.8m Between 2020-2022 appeared first on Arise News.

Since the announcement of the lifting of the forex restriction placed on 43 items on the official market, the nation’s currency has been under intense pressure.

The post Naira Depreciates Further on Parallel Market, Now N1,160/$1 appeared first on Arise News.

This followed the voluntary resignation of former BOI Managing Director and Chief Executive Officer, Mr. Olukayode Pitan.

The post Tinubu Names Olasupo Olusi As CEO Bank of Industry appeared first on Arise News.

The acting chairman of the Federal Inland Revenue Service, Zacch Adedeji, has assured corporate organisations that there are no plans to increase tax rates following the resolution to increase the country’s tax-to-GDP ratio from 10.86 per cent to 18. The plan had triggered muffled apprehensions among corporate entities that the decision could cause an increase […]

The post FIRS Chairman Allays Fears On Increased Tax Rates appeared first on Naija News.

“It must be emphasised that CBN does not have a magic wand that can be waved at the current economic challenges,” said Cardoso.

The post Naira Weakens To N1,100 on Parallel Market as Dollar Supply Shrinks appeared first on Arise News.