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Nigeria Pledges Enhanced Investment in Oil Sector During TotalEnergies Offshore Visit

by Favour Owonibi | Mar 17, 2025 | Business/Finance, NEWS

The Federal Government has reiterated it’s resolve to improve investments in the oil and gas sector. The Minister of State for Petroleum Resources, Heineken Lokpobiri gave the assurance as he toured the TotalEnergies’ offshore fields of Ofon and Egina as part of...
Renaissance Africa Energy Completes Acquisition of Shell’s Nigerian Operations, Rebrands as RAEC

Renaissance Africa Energy Completes Acquisition of Shell’s Nigerian Operations, Rebrands as RAEC

by Peace Araga | Mar 14, 2025 | Business/Finance, NEWS

Renaissance Africa Energy has officially completed the acquisition of Shell Petroleum Development Company of Nigeria (SPDC), taking full ownership. This follows the signing of a sale and purchase agreement in January 2024 and the approval of all necessary regulatory...
House of Reps Demands Suspension of CBN’s Increased ATM Charges Over Public Burden

House of Reps Demands Suspension of CBN’s Increased ATM Charges Over Public Burden

by Favour Owonibi | Mar 12, 2025 | Business/Finance, NEWS

The House of Representatives has called for the immediate suspension of the Central Bank of Nigeria’s (CBN) increase in ATM withdrawal charges, and the discontinuation of free withdrawals for customers using other banks’ ATMs. The resolution followed a motion by...
NEPC and ITC to Host HerShowcase 2025, Empowering Women-Led Businesses for Global Trade

NEPC and ITC to Host HerShowcase 2025, Empowering Women-Led Businesses for Global Trade

by Favour Owonibi | Mar 10, 2025 | Business/Finance, Local, NEWS

Nigerian Export Promotion Council (NEPC) in collaboration with the International Trade Centre (ITC), is set to host HerShowcase 2025 under the framework of the United Kingdom Government-funded SheTrades Commonwealth+ Programme. According to a statement by NEPC the...
Federal Government to Launch $100m Electric Vehicle Transport Project in North-East

Federal Government to Launch $100m Electric Vehicle Transport Project in North-East

by Favour Owonibi | Mar 10, 2025 | Business/Finance, NEWS, Politics

The Federal Government is set to launch mass electric vehicle transportation in the North-East This followed the approval of contracts worth nearly $100m (N151.9bn) by the Federal Executive Council to supply electric vehicles and establish charging infrastructure in...
Federal Government Introduces TMRAS to Enhance Revenue Collection

Federal Government Introduces TMRAS to Enhance Revenue Collection

by Search FM | Mar 5, 2025 | Business/Finance, NEWS

The Federal Government is set to transition public service payments from the existing Remita platform to a new system, the Treasury Management and Revenue Assurance System (TMRAS). This move is part of President Bola Tinubu’s efforts to create a more efficient revenue...
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