Monthly Archives: April, 2022
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Nigerian Content in Oil Sector Grows to 42% — NCDMB
The Nigerian Content Development and Monitoring Board (NCDMB) says it has grown Nigerian content in the oil and gas sector to 42 per cent. Mr Simbi Wabote, Executive Secretary of NCDMB gave the update on Wednesday while speaking at a Local content workshop for the Judiciary in Bayelsa.
Dollar Holds Strong Ahead of Trade Data
The US dollar was stronger versus its major trading partners early Wednesday ahead of the release of advance trade data and the monthly pending home sales index.
CBN Urges Nigerians to Access Economic Interventions
The Central Bank of Nigeria (CBN) has urged Nigerians to embrace its intervention programmes to promote financial stability and economic development.
Senate Amends Terrorism Act, Prohibits Payment of Ransom
The Senate has passed the Terrorism (Prevention) Act, 2013 bill prohibiting the payment of ransom to kidnappers in Nigeria.
MTN Nigeria Pays N3.5trn as Taxes, Levies to Govt – CEO
MTN Nigeria, on Wednesday, said that it had paid N3.5 trillion as levies and taxes to the government since its inception. The Chief Executive Officer (CEO) of MTN, Mr Karl Toriola, who said this in his address at the ‘Brunch with Karl’ at Lagos Business School, also said that the organisation had committed over N3.4 trillion on capital investment.
