The National Petroleum Authority of Ghana says it is proposing to import refined petroleum products from Dangote Refinery to boost its energy security and sustain business cooperation with neighbours. Chief Executive Officer, NPAG, Dr Mustapha Abdul-Hamid, said this at the 2024 OTL Africa Downstream Energy Week in Lagos. Speaking as one of the panelists, Abdul-Hamid…
The United States (U.S.) government, through the U.S. Commercial Service Liaison Office to the African Development Bank (AfDB) and U.S. Commercial Service in Nigeria, in partnership with the American Business Council (ABC) and the AfDB’s Nigeria Country Department, has hosted the Discover AfDB workshop, focusing on the Bank’s recent investments in the digital space. This…
No matter the size of the business/company you run whether a Small, Medium Enterprises (SME), a startup, or a multinational company, keeping your cash flow running is one of the most critical things you can do. Unfortunately, sometimes that’s easier said than done! Statistics show that 80 per cent of micro small medium enterprises (MSME)…
Starlink, a global leader in satellite internet technology, has issued a caution to customers, advising against purchasing from unauthorized grey market products. Each Starlink kit is equipped with a unique serial number tailored to the country of activation. Kits obtained from grey markets will not be activated, and any kits currently active outside their designated…
Chairman, Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said the proposed amendment to value-added tax (VAT) distribution will create a fair system. In response to the recent rejection of the proposed tax amendment bill by the Northern States Governors Forum (NSGF), Oyedele said the current model for distributing VAT affects many…
Oil marketers have accused Dangote Refinery of fixing a product price regime that is the highest when compared with other sources. Acting under the aegis of Independent Petroleum Marketers Association of Nigeria (IPMAN), they said it is more expensive to buy premium motor spirit (PMS) or petrol from the Dangote Petroleum Refinery than from other…
Nigeria raked in N1.37 trillion revenue from the solid mineral sector last year, according to the Nigerian Extractive Industries Transparency Initiative (NEITI) report. Executive Secretary at NEITI, Orji Ogbonnaya Orji, disclosed this in a statement issued on the presentation of the releases of 2022-2023 Solid Minerals Sector Report in Abuja. He said the 2023 Solid…
A trade group, the Lagos Chamber of Commerce and Industry (LCCI) has urged the Federal Government to always engage with players in the various sectors of the economy in formulating policies that will support the country’s industrialisation drive. Speaking at the inaugural industrial symposium of the LCCI held in Lagos, with the theme ‘Industries as…
Telecom operators will play an indispensable role in bridging financial gaps and fostering inclusion, particularly in Nigeria, Chief Corporate Services & Sustainability Officer at MTN Nigeria, Tobe Okigbo, has said. He underscored this role during a panel discussion at the Africa Breakfast Convos, held on the sidelines of the recent United Nations General Assembly (UNGA79)….
