ECONOMY7 Videos

OIL FIRM LAUDS FG FOR SUBSIDY REMOVAL

Love: African Refinery Port Harcourt Limited has commended the newly inaugurated administration for eliminating the petroleum subsidy. In a statement, the Chief Executive Officer of African Refinery, Mr Omotayo Adebajo, urged Nigerians to exhibit patience during the initial hardships resulting from the subsidy removal. He emphasised the importance of supporting the President’s strategic decision, which, […]

Brand & Business News

June 8, 2023

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ECOWAS APPROVES FRESH POLICIES FOR REGIONAL ELECTRICITY MARKET

The Economic Community of West African States Regional Electricity Regulatory Authority has approved critical policies for the development of the sub-regions power market. It also announced its commitment to protect the interests of investors and participants in the regional power market, stressing that the body would ensure that there were conducive investments in the industry. […]

Brand & Business News

January 30, 2023

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LIRS REAFFIRMS DEADLINE FOR FILING ANNUAL TAX RETURNS

The Lagos State Internal Revenue Service has reaffirm January 31, 2023, as the deadline for filing the annual tax returns by employers of labour. In a statement signed by the Head, Corporate Communications of LIRS, Monsurat Amasa, the LIRS Executive Chairman said all businesses and employers of labour residents within Lagos State must file their […]

Brand & Business News

January 23, 2023

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FG, STATES, LOCAL COUNCIL SHARES N990.189BN FOR DEC 2022

The Federation Account Allocation Committee (FAAC) says it shared N990.189 billion among the three tiers of government in December 2022. The figure represents an increase of N88.136 billion compared to the N902.053 billion shared in November. FAAC disclosed this in a communique issued at the end of its latest meeting recently in Abuja. The N990.189 […]

Brand & Business News

January 19, 2023

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QUEUES AT FILLING STATION MAY CONTINUE THAN EXPECTED – IPMAN

Fuel hike in the country may persist for a longer period as agreement between the Independent Petroleum Marketers Association of Nigeria (IPMAN) and Nigeria National Petroleum Company Limited is placed on hold. In a statement credited to The Nation newspaper recently, IPMAN’s National Operations Controller, Mike Osatuyi, said his members still buy Premium Motor Spirit […]

Brand & Business News

January 18, 2023

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