RMAFC to implement new revenue sharing formula
Nigeria will soon have a new sharing formula. This is as the Revenue Mobilisation And Fiscal Commission says the implementation of a new revenue-sharing formula...
Business
Tinubu appoints new NCDMB board, management
President Bola Tinubu has sacked the governing board and the management team of the Nigerian Content Development and Monitoring Board (NCDMB), the agency saddled with...
Advice govt on business policies, Rivers PDP chairman tasks PHACCIMA
Chairman of the Peoples Democratic Party, PDP, in Rivers State, Ambassador Desmond Akawor has charged the Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture,...
CBN denies plans to redenominate Naira
The Central Bank of Nigeria has denied claims that it plans to redenominate the country’s currency, Naira, with effect from January 2023. Isa AbdulMumin, CBN’s...
NNPCL, NCDMB, IOCs sign agreement to reduce contracting circle
Nigerian National Petroleum Company Limited (NNPCL) and Nigerian Content Development & Monitoring Board (NCDMB) has signed a Memorandum of Understanding with international oil companies (IOCs)...
NNPC sacks management staff with less than 15 months to retirement
The Nigerian National Petroleum Corporation Limited has announced some organisational changes within its management structure. In a statement on Tuesday signed by its management, the...
Rivers, Delta, Akwa Ibom, gets highest allocation in first quarter 2023- Report
Delta, Akwa-Ibom, and Rivers states received highest share of the N1.51 trillion granted to states by the Federal government in the first half of this...
Oando takes over Nigeria Agip Oil Company
Italian oil giant Eni has signed an agreement with Oando, an energy solutions provider for the sale of all its stake in Nigerian Agip Oil...
Rivers govt shuts AIT, Raypower operations
Rivers State Government has reportedly shut down the Africa Independent Television, AIT, and Raypower FM operations in Port Harcourt. AIT on its official X former...
Synergise with media to industrialise Rivers, Ezekwe urges Fubara
A council member of Port Harcourt Chamber of Commerce Industry Mines and Agriculture (PHCCIMA) Chief Emeka Ezekwe has urged the Rivers State government under the...