Transcorp Power Plc, a subsidiary of Transcorp Group, has revealed its financial performance for the third quarter ending September 30, 2024, showcasing impressive growth. In its unaudited Q3 2024 results submitted to the Nigerian Exchange (NGX), Transcorp Power reported a…
Techno Oil Ltd has bagged the Bank of Industry (BoI) award for high ethical standards and integrity in their business operations. The company was honoured alongside May & Baker, Emzor Pharmaceuticals, Poly Products Nigeria Ltd., Falcon Corporation Ltd., Lucky Fibre…
…Intends to create 20,000 jobs, boost economy By Seun Ibiyemi Minister of Marine and Blue Economy, Adegboyega Oyetola at the weekend, unveiled Ogun State-owned Gateway Inland Dry Port, Shoderu at Kajola in Ewekoro Local Government Area of Ogun State, saying…
By Esther Agbo Amid mounting financial pressure, the Manufacturers Association of Nigeria (MAN) has called for swift government action to alleviate the tax burden on manufacturers. The association, representing key players in the sector, urged the government to further simplify…
By Seun Ibiyemi As Nigerians continue to grapple with realities of fuel subsidy removal and its ripple effects, Minister of Transportation Senator Sai’du Ahmed Alkali has confirmed participation in the 2024 Transport Summit, organised by Transportation Correspondents Association of Nigeria…
…As FCT, Lagos, five states lead charge, fall short of govt assertions In a revelation from the National Bureau of Statistics (NBS), only six states and the Federal Capital Territory (FCT) attracted foreign investments amounting to $8.75 billion between June…
By Seun Ibiyemi Air Peace and Caverton have been designated carriers to operate direct flights between Nigeria and Brazil. This follows a Memorandum of Understanding signed in 2018. The agreement aims to enhance air connectivity and boost economic cooperation between…
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has emphasised the urgency of adopting comprehensive reforms to address Nigeria’s fiscal and inflationary crises. Speaking at a two-day workshop in Abuja, organised by the Federal Ministry of…
By Esther Agbo The Federal Inland Revenue Service (FIRS) has introduced a new USSD code, *829#, allowing citizens to handle tax-related matters via their mobile phones without the need for internet access. The FIRS Chairman, Zacch Adedeji, unveiled the USSD…
The Dangote Petroleum Refinery and Petrochemicals is exploring the possibility of a crude deal and cement production in Caribbean countries. This was disclosed when the Prime Minister of Grenada, Dickon Mitchell who is also the chairman of the Caribbean Community…
