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The Governor of Ebonyi state, Dave Umahi has rejected the resolution of the Southern Governors’ Forum over the collection of the Value Added Tax (VAT). Umahi, who is the Chairman of the South-East Governors’ Forum, said that his state will not join other Southern States to collect VAT. According to him, the collection of VAT…
September 17, 2021
Threatens To Prosecute Website Owner, Olumide Oniwinde The Central Bank of Nigeria (CBN) Monetary Policy Committee has voted to retain its key lending rate at 11.5 per cent as the federal government continues to fight the disturbing inflationary trend that made Nigerians to pay more for goods and services in the country. The Committee also…
September 17, 2021
The Southern Governors have expressed their full support for states to have exclusive rights to the collection of Value Added Tax (VAT) paid on goods and services in the Nigera. The governors made this resolution during the meeting which held on Thursday in Enugu State. The VAT controversy has been generating heated debate in public…
September 16, 2021
Africa's richest man, Aliko Dangote is reportedly in talks with some financial institutions to secure a loan facility to finance the giant oil refinery complex project in Lekki, Lagos. This is coming as the cost to complete the 650,000 barrel-per-day refinery shot up to $19 billion. The refinery facility in Nigeria’s commercial hub was expected…
September 16, 2021
'I'm Honoured', WTO DG Reacts As Harry, Meghan Hail Her Selection Biden, Trump, Elon Musk, Naomi Osaka, Others Named TIME magazine on Wednesday released its full list of world's 100 most influential people of 2021, naming the Director-General of World Trade Organization (WTO), Dr Ngozi Okonjo-Iweala among global leaders recognised. The 18th annual list of…
September 15, 2021
Oil prices could hit $100 per barrel over the next six months if we have a colder-than-usual winter, which could be the most important driver of global energy markets in the coming months, Bank of America says. Oil Prices Could Climb Above $100 If winter temperatures in the northern hemisphere turn out to be below seasonal…
September 15, 2021
Cigarette manufacturing giant, British American Tobacco (BAT) allegedly ran a mass surveillance operation and informant network in South Africa in recent years, making questionable payments to collaborators in 10 other African countries to the tune of $600,000 to undermine tobacco control policy on the continent, a new report by STOP -- a global tobacco industry…
September 14, 2021
The surge of the Delta variant around the globe is set to partially delay oil demand recovery into the next year when robust economic growth and stronger recovery in fuel consumption will see global oil demand averaging 100.8 million barrels per day (bpd) and exceeding pre-COVID levels, OPEC said on Monday, raising its 2022 demand…
September 14, 2021
OPEC saw its crude oil production rise by 150,000 barrels per day (bpd) in August, data from secondary sources in the cartel’s monthly report showed, but even at higher quotas, the members part of the OPEC+ pact pumped less than estimated by tanker tracking surveys and less than the OPEC overall quota in the agreement.…
September 14, 2021
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The Governor of Ebonyi state, Dave Umahi has rejected the resolution of the Southern Governors’ Forum over the collection of the Value Added Tax (VAT). Umahi, who is the Chairman of the South-East Governors’ Forum, said that his state will not join other Southern States to collect VAT. According to him, the collection of VAT…
September 17, 2021
Threatens To Prosecute Website Owner, Olumide Oniwinde The Central Bank of Nigeria (CBN) Monetary Policy Committee has voted to retain its key lending rate at 11.5 per cent as the federal government continues to fight the disturbing inflationary trend that made Nigerians to pay more for goods and services in the country. The Committee also…
September 17, 2021
The Southern Governors have expressed their full support for states to have exclusive rights to the collection of Value Added Tax (VAT) paid on goods and services in the Nigera. The governors made this resolution during the meeting which held on Thursday in Enugu State. The VAT controversy has been generating heated debate in public…
September 16, 2021
Africa's richest man, Aliko Dangote is reportedly in talks with some financial institutions to secure a loan facility to finance the giant oil refinery complex project in Lekki, Lagos. This is coming as the cost to complete the 650,000 barrel-per-day refinery shot up to $19 billion. The refinery facility in Nigeria’s commercial hub was expected…
September 16, 2021
'I'm Honoured', WTO DG Reacts As Harry, Meghan Hail Her Selection Biden, Trump, Elon Musk, Naomi Osaka, Others Named TIME magazine on Wednesday released its full list of world's 100 most influential people of 2021, naming the Director-General of World Trade Organization (WTO), Dr Ngozi Okonjo-Iweala among global leaders recognised. The 18th annual list of…
September 15, 2021
Oil prices could hit $100 per barrel over the next six months if we have a colder-than-usual winter, which could be the most important driver of global energy markets in the coming months, Bank of America says. Oil Prices Could Climb Above $100 If winter temperatures in the northern hemisphere turn out to be below seasonal…
September 15, 2021
Cigarette manufacturing giant, British American Tobacco (BAT) allegedly ran a mass surveillance operation and informant network in South Africa in recent years, making questionable payments to collaborators in 10 other African countries to the tune of $600,000 to undermine tobacco control policy on the continent, a new report by STOP -- a global tobacco industry…
September 14, 2021
The surge of the Delta variant around the globe is set to partially delay oil demand recovery into the next year when robust economic growth and stronger recovery in fuel consumption will see global oil demand averaging 100.8 million barrels per day (bpd) and exceeding pre-COVID levels, OPEC said on Monday, raising its 2022 demand…
September 14, 2021
OPEC saw its crude oil production rise by 150,000 barrels per day (bpd) in August, data from secondary sources in the cartel’s monthly report showed, but even at higher quotas, the members part of the OPEC+ pact pumped less than estimated by tanker tracking surveys and less than the OPEC overall quota in the agreement.…
September 14, 2021
