#EconomicDevelopment Archives

Expert Warns Nigerian Government Against Tax Reforms That May Worsen Poverty

EDITORNovember 21, 2024November 21, 2024

by EDITORNovember 21, 2024November 21, 20240118

By LEVI JOHNSON A development expert and founder of the Global Initiative for Nigeria Development, Michael Ale, has cautioned the Federal Government against implementing tax...

Breaking News

Aliko Dangote Negotiates Funding for Crude Oil Expansion at Dangote Refinery

EDITORNovember 18, 2024

by EDITORNovember 18, 20240124

By DAYO ADESULU Africa’s Richest Man Seeks Billions to Enhance Refinery Capacity Aliko Dangote, Africa’s wealthiest individual, is currently in discussions with foreign banks to...

Breaking News Energy

Dangote Refinery Denies Payment Claims by IPMAN, Clarifies Operations Status

EDITOROctober 31, 2024

by EDITOROctober 31, 20240173

By DAYO ADESULU No Transactions with Independent Petroleum Marketers Association of Nigeria Amidst Ongoing Discussions The Dangote Petroleum Refinery has issued a statement clarifying that...

Breaking News Business ECONOMY

Federal Government Advances Tax Reforms to Secure $750 Million World Bank Loan

EDITOROctober 28, 2024October 28, 2024

by EDITOROctober 28, 2024October 28, 20240175

By DAYO ADESULU Comprehensive Strategy Aims to Enhance Revenue Collection and Economic Stability The Federal Government of Nigeria is actively pursuing critical tax reforms aimed...

Breaking News

Enugu State Threatens Sanctions on Defiant Schools, Businesses Amidst Sit-at-Home Order by IPOB Faction

EDITOROctober 23, 2024October 23, 2024

by EDITOROctober 23, 2024October 23, 20240184

By CHUKWUMA OFILI Governor Peter Mbah of Enugu State has announced that schools, businesses, and institutions that adhered to the two-day sit-at-home order declared by...

Breaking News Energy

Nigeria Targets 1 Million Barrels Per Day Increase in Crude Oil Production

EDITOROctober 22, 2024

by EDITOROctober 22, 20240127

By DAYO ADESULU Federal Government Unveils Ambitious Strategy to Revitalize the Oil Sector The Federal Government of Nigeria has announced an ambitious plan to boost...

Breaking News

Pension Fund Investment in Infrastructure Remains Low Amidst Significant Deficit

EDITOROctober 17, 2024October 17, 2024

by EDITOROctober 17, 2024October 17, 20240137

By DAYO ADESULU Experts Urge Policy Changes to Boost Infrastructure Funding from Pension Assets Despite Nigeria’s pressing infrastructure deficit, investment of pension funds into infrastructure...