ECONOMY7 Videos

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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, […]

BBNewsTV

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. […]

BBNewsTV

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 […]

BBNewsTV

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 […]

BBNewsTV

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 […]

BBNewsTV

January 18, 2023

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NO PLAN TO EXIT NIGERIA, SAYS CHEVRON

Chevron Nigeria Limited (CNL) has debunked the report alleging that it plans to exit Nigeria, says by the General Manager, Policy, Government and Public Affairs. The General Manager, Policy, GPA, Chevron Nigeria Limited, Esimaje Brikinn, in a statement, to The press said: “CNL is aware of a misleading media report alleging that Chevron plans to […]

BBNewsTV

January 17, 2023

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NON – OIL EXPORT INCREASED TO $4.8BN IN 2022 – NEPC

The Nigerian Export Promotion Council recently revealed that Nigerian’s non-oil exports grew by 39.91 per cent in 2022 to $4.820billion. Semi-processed/manufactured products made up 36.61 per cent of the exports beating Agriculture’s 30.12 per cent volume of non-oil exports, while precious stones made up 17.06 per cent, and others 13.21 per cent. This was disclosed […]

BBNewsTV

January 17, 2023

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