Tinubu’s ‘Tax Reform Bill’ Targets Consumption-Based VAT Model
The Federal Government’s proposed Tax Reform Bill, spearheaded by President Bola Ahmed Tinubu, seeks to introduce a consumption-based Value Added Tax (VAT) model.
The plan,...
Dangote Refinery resumes crude oil importation from US
The Lagos-based mega Dangote Refinery has resumed importing crude oil from the United States after a three-month pause, as the facility increases its production...
BUA secures $200m from Afrexim Bank to support Expansion Plans
African Export-Import Bank (Afreximbank) has approved a $200 million Corporate Finance Facility in favour of BUA Industries Limited to support its expansion plans.
BUA is...
NNPC, Dangote Refinery seal 10-year gas supply deal
The NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company (NNPC) Limited, has successfully executed a Gas Sale and Purchase...
Azura Power Unveils N900m Solar Car Park at UNN
Azura Power West Africa Limited has unveiled a N900 million solar car park at the University of Nigeria, Nsukka (UNN)
Nigeria’s renewable energy landscape, Azura...
Pinnacle Oil and Gas replies Dangote Refinery
Pinnacle Oil and Gas Limited, a major operator in Nigeria’s downstream sector, has denied blending substandard petroleum products.
Pinnacle Oil & Gas in a statement...
States, FCT generate N2.4 trillion IGR in 2023
The National Bureau of Statistics (NBS) has reported that the 36 states and the Federal Capital Territory (FCT) collectively generated N2.43 trillion as Internally...
Allen Onyema: US Court Clears Air Peace Boss of Fraud Charges
The Chief Executive Officer (CEO) of Air Peace, Allen Onyema, has been cleared of business fraud allegations by an Atlanta district court.
The ruling comes...
I generate 15 percent of Nigeria’s electricity — Davido’s dad, Deji Adeleke
Adedeji Adeleke, father of popular singer Davido, has claimed that he generates 15 per cent of Nigeria’s electricity.
The billionaire businessman made the claim while...
Why Dangote Refinery didn’t reduce fuel pump price — Sowunmi
An oil and gas expert, Olabode Sowunmi, told PulseNets that the Dangote Refinery did not begin domestic production of Premium Motor Spirit (Petrol) to...
