13 h. ago Enhanced Oil Production Key To Nigeria’s Economic Diversification – Elumelu

Founder of Heirs Energies, Tony Elumelu, has said Nigeria must ramp up oil production to generate revenue for economic diversification. “We want to take it to over 2 million. We know that we need oil money to diversify Nigeria away from oil. And we need to have the money to help develop our country at […]

Politics

32 h. ago How distributors drove Nigerian Breweries’ 2024 record revenue

A common maxim often used by economists is that production is not complete until goods reach the final consumer. In read more How distributors drove Nigerian Breweries’ 2024 record revenue

Politics

34 h. ago Elumelu Urges Higher Oil Production For Nigeria’s Economic Growth

The chairman of Heirs Holdings, Mr Tony Elumelu, has stated that Nigeria needed increased oil production to fund the country’s economic diversification and development. Elumelu stated this on Thursday at the Nigeria Petroleum Industry Leadership Discourse in Abuja, highlighting the crucial role of oil revenues in driving industrialisation, energy security, and infrastructural growth. The discourse, […]

Politics

36 h. ago Higher oil output key to Nigeria’s economic growth – Elumelu

The chairman of Heirs Holdings, Tony Elumelu, has underscored the urgent need to boost Nigeria’s oil production to finance economic read more Higher oil output key to Nigeria’s economic growth – Elumelu

Politics

37 h. ago Nigeria’s 2.06m bpd crude oil target in 2025 achievable – Lokpobiri

Nigeria’s target of 2.06million bpd crude oil production target in 2025, is achievable, the Minister of State for Petroleum, Heineken Lokpobori has said. Lokpobori said this on Thursday in Abuja at the Nigeria Petroleum Industry Leadership Discourse, with the theme: “Nigeria’s Oil Production Growth Roadmap Acceleration Imperatives’’ organised by Heirs Energies Limited. ”The 2025 budget Read More

Politics

37 h. ago Nigeria needs oil money for economic diversification, development – Elumelu

The Chairman of Heirs Holdings, Mr Tony Elumelu, has stressed the need for increased oil production to fund Nigeria’s economic diversification and development. Speaking on Thursday in Abuja at the Nigeria Petroleum Industry Leadership Discourse, he emphasised the importance of oil revenues in driving industrialisation, energy security, and infrastructural growth. The meeting, convened by Heirs Read More

Economics

64 h. ago 2024 revenue: NPA collects N758bn, NIMASA N67bn, NSC N19bn, NIWA N5bn

Tribune Online 2024 revenue: NPA collects N758bn, NIMASA N67bn, NSC N19bn, NIWA N5bn THE Nigerian Ports Authority (NPA) has topped the revenue generating list of maritime agencies operating under the Ministry of Marine and Blue Economy, generating a whopping N758, 260, 436, 260 billion in the year 2024. Disclosing this recently during a meeting with Editors of print media, the Honourable Minister of Marine and Blue Economy, Adegboyega […] 2024 revenue: NPA collects N758bn, NIMASA N67bn, NSC N19bn, NIWA N5bn Tribune Online

Politics

3 d. ago FG unveils tax appeal commissioners to boost revenue, economic reforms 

To strengthen Nigeria’s economic reforms and enhance revenue generation, the Federal Government has officially inaugurated 50 newly appointed Tax Appeal Commissioners. The Director, Information and Public Relations, National Ministry of Information and National Orientation, Mohammed Manga, disclosed this in a statement on Wednesday. According to Manga, the Minister of Finance and Coordinating Minister of the Read More

Economics

3 d. ago FG slaps Binance with fresh $81.5bn suit over economic losses, tax

The Federal Government has approached the Federal High Court in Abuja to compel the cryptocurrency exchange company, Binance Holdings Limited, to pay $79.51 billion and ₦231 million for alleged economic losses caused by its operations in Nigeria. The plaintiff, the Federal Inland Revenue Service, in a charge sighted by PUNCH Online on Wednesday, marked FHC/ABJ/CS/1444/2024, Read More

Economics

4 d. ago Nigeria’s revenue target under threat as Trump eyes oil production increase

The inception of the Trump administration in the United States of America has immediate and remote consequences for energy prices, read more Nigeria’s revenue target under threat as Trump eyes oil production increase

Politics

4 d. ago Motor insurance, others boost NEM Insurance’s revenue by 86%

NEM Insurance, an underwriting firm in Nigeria, has recorded an 86 percent revenue increase in 2024 driven by non-life insurance read more Motor insurance, others boost NEM Insurance’s revenue by 86%

Politics

4 d. ago Diversified Economy Crucial To Nation’s Sustainable Growth – Edun

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says Nigeria needs to diversify its economy into non-oil resources to accelerate economic development. Edun said this on Monday in Abuja, at the National Treasury Workshop with the theme, “Nigeria’s Revenue Challenges and the Way Forward: Exploring Non-Oil Alternatives” According to Edun, who […]

Politics