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Dangote Refinery Sues NNPCL, Other Petrol Importers, Seeking to Invalidate Their Import Licenses [updated]
Dangote Petroleum Refinery and Petrochemicals FZE has filed a legal suit at the Federal High Court in Abuja, seeking to invalidate import licenses granted...
Nigeria Proposes Bill to Impose 5% Excise Duty on Telecom, Gaming & Betting Services
The Nigerian government has taken steps towards increasing revenue collection by introducing a new bill that proposes a 5% excise duty on telecommunications, gaming,...
Unrealized Losses at US Banks 7x Higher than 2008’s
The financial landscape of the United States has always been a subject of global interest, especially when it comes to the health and stability...
Nigeria’s Electricity Challenge: Bezos-backed GEAPP Announces Plan for A Multi-million Dollar Mini-grid Solar Project
The Global Energy Alliance for People and Planet (GEAPP), a global climate initiative backed by the Rockefeller Foundation and the Bezos Earth Fund, is...
Nigeria Finally Approves Exxon Mobil’s $1.3bn Assets Sale to Seplat Energy, Leaves Shell Hanging
Nigeria has finally approved Exxon Mobil Corp.’s $1.3 billion sale of its onshore oil and gas assets to the local energy firm Seplat Energy...