A significant step towards increasing Nigeria's oil production has been taken, as the Nigerian National Petroleum Company Limited (NNPC) and Chevron Nigeria Ltd have successfully converted five joint venture assets to the terms of the Petroleum Industry Act (PIA)...
The Tony Elumelu Foundation has empowered over 8,000 women entrepreneurs in 54 African countries in just 10 years, representing 46% of the total number of entrepreneurs supported by the foundation. Dr. Awele Elumelu, co-founder of the foundation, highlighted this...
The Federal Government's recent decision to impose a N50 electronic money transfer levy (EMTL) on transactions above N10,000 has faced significant criticism from economists. They warn that this move could discourage digital transactions, harm the economy, and stifle innovation...
In the competitive landscape of digital marketing, capturing attention is paramount for businesses to thrive. Traditional advertising methods are no longer sufficient to stand out and drive results. The advent of Artificial Intelligence (AI) has revolutionized the industry, offering...
The Federal Government has granted a "Licence to Construct" to UTM Offshore Limited for the development of a 2.8 million tonnes per annum Floating Liquefied Natural Gas (FLNG) facility, marking a significant milestone in Nigeria's gas industry. The project aligns...
Former Presidents Olusegun Obasanjo and Goodluck Jonathan will join other prominent figures at the upcoming African Leadership Biblical Initiative (ABLI) conference to discuss the importance of value-based leadership in Africa. The conference, themed "Value-Based Leadership: Model for Africa," will be...
The Corporate Affairs Commission (CAC) has issued a stern warning to Point of Sale (POS) operators across Nigeria who have failed to comply with the registration deadline set on July 7, 2024. Despite the large number of POS operators...
The Manufacturers Association of Nigeria (MAN) has raised concerns about the significant impact of the recent fuel price hike on the country's manufacturing sector. The increase in the price of Premium Motor Spirit (PMS) from N568 per liter to...
The National Identity Management Commission (NIMC) has reiterated its readiness for the NIN-SIM linkage deadline of September 14, 2024, despite concerns raised by subscribers regarding slow speeds and congestion on the NIMC portal. In response to anxieties expressed by the...
The Federal Government has introduced stringent penalties for individuals and organizations that violate the National Environmental (Battery Control) Regulations in Nigeria. Offenders could face fines of up to N2 million and a six-month jail term. The National Environmental Standards and...