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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...
CBN Governor Predicts Economic Relief with Dangote Refinery Operations, Raises Interest Rates to Curb Inflation

CBN Governor Predicts Economic Relief with Dangote Refinery Operations, Raises Interest Rates to Curb Inflation

by Oni Kayode Philips | Sep 25, 2024 | Business/Finance, Economics, NEWS, Security

The Central Bank of Nigeria (CBN) has said  the lifting of petroleum products from Lagos-based Dangote Refinery will balance  the cost of transportation and ease food inflation. Speaking at a press briefing on Tuesday, the CBN governor Oluyemi Cardoso expressed...
Nigeria Targets $1.5bn GDP Boost by 2027 through Embracing the Halal Economy, Says Vice President Shettima

Nigeria Targets $1.5bn GDP Boost by 2027 through Embracing the Halal Economy, Says Vice President Shettima

by Favour Owonibi | Sep 19, 2024 | Business/Finance, Economics, NEWS

Vice President Kashim Shettima said Nigeria has embraced the Halal economy, hoping to leverage opportunities and add the sum of $1.5bn to the country’s GDP by 2027. Shettima made this known on Wednesday as he attended the Nigeria Halal Economy Stakeholders engagement...
Nigeria Signs Cape Town Convention to Cut Airline Operation Costs

Nigeria Signs Cape Town Convention to Cut Airline Operation Costs

by Favour Owonibi | Sep 13, 2024 | Business/Finance, Economics, Local, NEWS

The Federal Government has signed the Cape Town Convention (CTC) Practice Direction, aimed at reducing the cost of airline operations in the Nigerian aviation sector. The CTC Practice Direction was signed on Thursday by the Chief Judge of the Federal High Court,...
President Tinubu Receives Trade Balance Update, Expresses Commitment to Economic Growth

President Tinubu Receives Trade Balance Update, Expresses Commitment to Economic Growth

by Favour Owonibi | Sep 13, 2024 | Business/Finance, Local, NEWS

President Bola Tinubu has received updates on the country’s trade balance. This was revealed in a statement signed by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, on Thursday. Welcoming the new trade balance report published by the...
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