A former Chairman of Manufacturers Association of Nigeria (MAN), Dr Wale Adegbite, has called on the Federal Government to stabilise the exchange rate as a means of controlling inflation in the country. Adegbite made the call in an interview with the News Agency of Nigeria (NAN) in Ota, Ogun State on Wednesday. The former MAN…
Global big tech, Microsoft on Wednesday said with the right skills and access to digital technologies, Artificial Intelligence (AI) could add an estimated $15 billion to Nigeria’s Gross Domestic Product (GDP) by 2030. Managing Director, Microsoft Nigeria and Ghana, Ms Ola Williams, who spoke at a Microsoft AI Tour media briefing in Lagos, also announced…
The Federal Inland Revenue Service (FIRS) has said the digitization of the nation’s tax process is in line with global best practices. It also disclosed that there are over 500,000 active corporate taxpayers recorded in Nigeria’s national database. Speaking at a Stakeholder Engagement for the Pilot Rollout of the E-invoice solution held in Lagos yesterday,…
The Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari has condemned talks about the existence of sub-standard fuel in the country, describing it as unfortunate drama and bad marketing practice. Kyari, who was speaking while fielding questions at a fireside chat during the 60th Nigeria Mining & Geosciences Society (NMGS) Conference in Abuja…
The Nigerian Electricity Regulatory Commission (NERC) has issued an amended Order detailing new threshold of penalties for customers and Distribution Companies (DIsCos) on “Unauthorised Access, Meter Tampering, and By-Pass.” In a statement, the Amended Order, which replaces Order No: NERC/REG/41/2017, became effective since January 22, 2025. This amendment, the regulator said, “aligns with the Electricity…
Angry subscribers yesterday took to Airtel Nigeria’s X (formerly Twitter) page to express their displeasure over the operator’s decision to implement a significant adjustment to its data pricing structure. The revised data plans, published on the telco’s website, include daily plans: N50 for 40MB (valid for one day), N100 for 100MB (valid for one day),…
Chief Executive Officer, the Centre for the Promotion of Private Enterprise (CPPE) Dr. Muda Yusuf has called on the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to stop further increases in interest rates. He explained that pausing interest rate hikes would provide an opportunity for fiscal policy measures to address inflation….
Chairman of Heirs Energies and the Convener of the 2025 Heirs Energies Leadership Forum: Industry Leaders Discourse (ILD), Tony O. Elumelu will bring together government decision-makers, global energy CEOs, and sector pioneers, in Abuja. This high-level gathering aimed at forging actionable strategies for accelerating Nigeria’s oil production growth. Heirs Energies Limited is Africa’s leading indigenous-owned…
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Felix Omatsola Ogbe, has advised Samsung Heavy Industries Nigeria (SHIN), and Africoat Nigeria Limited, a pipe coating plant, located at Takwa Bay, Lagos, to patronize local facilities. He gave the advice when he visited the facilities of two companies in line with his determination to…
