Business

NNPC, IOCs seal oil financing deals

The Nigeria National Petroleum Corporation (NNPC) and local arms of Chevron and Shell have signed alternative financing deals for key projects expected to boost Nigeria’s oil and gas reserves, improve power supply as well as support government’s effort to cut gas flaring. The alternative financing of the Sonam Project (Project Falcon) was signed in London, […]

Business

BoA targets 15m rice farmers

The Bank of Agriculture (BoA) is targeting about 15 million smallholder rice farmers in the next two years. The bank said the idea is to engage rice farmers and to ensure the availability of food in the country. Managing Director, BOA, Kabir Adamu, said this while playing host to the Director General of National Orientation […]

Business

LASG commences moves to end multiple taxation

LAGOS State government has commenced moves aimed at harmonising collection of taxes, levies and fees by all revenue generation agencies at both the state and local government levels. Taxation symbol Commissioner for Finance, Akinyemi Ashade, who made the disclosure at the 2017 Tax and Revenue Stakeholders Forum, said the measure to harmonise taxes became necessary […]