Barbara Bako, Abuja. In bridging the infrastructure gap in Nigerian, the Director General of Bureau of Public Enterprises (BPE) Mr. Ayodeji Gbeleyi has pledged to collaborate with the Infrastructure Concession Regulatory Commission (ICRC). The BPE boss
Minister of Finance and Coordinating Minister of the Economy Mr. Wale Edun has unveiled two major fiscal incentives aimed at revitalizing Nigeria’s oil and gas sector. They are the Value Added Tax (VAT) Modification Order 2024 and the Notice of
The Federal Government through the Infrastructure Concession Regulatory Commission (ICRC), has said that it would conduct an audit of all Public Private Partnership projects to ascertain their performance as well as ensure that all the projects are insured as statutorily
The Federal Government  says it has successfully initiated the sale of crude to local refineries as well as corresponding purchase of petroleum products in Naira in a bid to reduce pressure on the local currency, eliminate unnecessary transaction costs, and improve availability of petroleum products. Minister
The Infrastructure Concession Regulatory Commission (ICRC) has said that it will henceforth issue Outline Business Case (OBC) Certificate of Compliance and the Full Business Case (FBC) Certificate of Compliance within seven days. This follows the charge by President Bola Ahmed
The Federal Government has stepped up plans to foster global partnership with World Food Programme (WFP) in order to boost Nigeria’s Agricultural Sector for improved food security. Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun disclosed
African Export-Import Bank (Afreximbank) has successfully arranged a senior US$500-million and a junior US$150-million reserve-based lending facility for Oando Petroleum and Natural Gas Company Limited. The facility was used to finance Oando’s acquisition of the 20 percent participating interest held
The Director General of the Infrastructure Concession Regulatory Commission (ICRC), Dr Jobson Oseodion Ewalefoh, has vowed to streamline processes required to deliver Public Private Partnerships (PPP) projects in order to accelerate infrastructure development and bridge the existing gaps to
The African Export-Import Bank (Afreximbank) has released its consolidated financial statements for the six months ended 30 June 2024. Afreximbank in a statement said the results for the six months period once again demonstrates resilience amid challenging macro-economic conditions. The Group delivered
The Development Bank of Nigeria (DBN) has released the eligibility criteria for the commencement of the 2024 edition of its flagship Annual DBN Entrepreneurship Training Programme (DBNETP) for Micro, Small and Medium Enterprises (MSMEs) in Nigeria. DBN in a statement
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