Nigeria is gaining renewed global attention as a hotspot for oil and gas investment, following strategic reforms in its upstream sector that are beginning to yield tangible results. Speaking at the 2025 Africa Energies Summit in London, Engr. Gbenga Komolafe, Commission Chief Executive (CCE) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), said the reforms…
The Standards Organisation of Nigeria (SON) has destroyed substandard imported tyres, electrical cables, steel doors, and spark plugs which failed to meet the minimum safety and quality standards required in Nigeria. In a statement made available to Vanguard, the agency noted that the destruction of the substandard products aligns with the agency’s core mandate outlined…
The bank also advised the government to boost the livelihoods of all Nigerians through more productive work, which it said is key to reversing high poverty levels. The World Bank stated this in its latest April 2025 Poverty and Equity Brief for Nigeria, which was obtained on Monday. The bank had, earlier last month, in…
The World Bank has advised the Federal Government to implement reforms that protect the country’s poorest against rising inflation. The bank also advised the government to boost the livelihoods of all Nigerians through more productive work, which it said is key to reversing high poverty levels. The World Bank stated this in its latest April…
The Federal Inland Revenue Service has inaugurated the National E-Invoicing Solution Inter-Agency Steering Committee as part of its efforts to boost tax compliance, transparency, and efficiency in Nigeria’s tax system. This was according to a statement shared on the service’s official X handle on Tuesday. “On Tuesday, April 29, 2025, the Federal Inland Revenue Service…
