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FG Introduces Fiscal Incentives To Boost Oil & Gas Sector’s Performance

    ….Targets $10Bn Foreign Direct Investment The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has signed the Consolidated Guidelines for the implementation of Fiscal Incentives for the Oil & Gas Sector – a key component of the Federal Government’s fiscal reforms agenda aimed at enhancing the performance  of the […]

Budgeting Economy News Extra Investments/Capital Market Latest News Oil & Gas Political Economy Revenue

NNPC Limited Registered With Highest Share Capital In Nigeria – CAC

The Corporate Affairs Commission (CAC) on Friday declared that the Nigerian National Petroleum Company (NNPC) Limited had the highest share capital among registered entities in the country. The Registrar General of the commission, Barrister Garba Abubakar, made this disclosure while presenting the Certificate of Incorporation of the company to President Muhammadu Buhari at the State […]

Budgeting Economy News Extra Investments/Capital Market Latest News Oil & Gas Planning & Economic Development Political Economy

Buhari Orders Incorporation Of NNPC Ltd, Appoints Board Members

President Muhammadu Buhari has directed the incorporation of the Nigerian National Petroleum Corporation into a limited liability company – NNPC Limited.   The President’s directive was contained in a statement issued on Sunday signed by his Special Adviser on Media and Publicity, Femi Adesina.   According to Adesina, the move by Buhari is in “consonance […]