Ervebo becomes first vaccine against Ebola, as Merck receives FDA’s approval
The U.S. Food and Drug Administration said it has approved drugmaker Merck & Co’s Ebola vaccine Ervebo, making it the first FDA-authorised vaccine against the deadly virus. The vaccine was…
FG pegs oil production at 2.18mbpd in 2020 Budget, says actual production, exports below budget projections since 2013
Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning said the Federal Government has pegged oil production at 2.18 Million Barrels Per Day (MBPD) in the 2020 budget….
Instagram bans influencers from promoting vaping products, weapons
Social media influencers will be banned from promoting vaping, tobacco products and weapons on Instagram as the Facebook-owned platform doubles down on its existing ban on companies advertising these products….
I do not see long-term future for Nigeria’s oil industry if govts follow through on Paris Agreements – Minister
Nigeria, Africa’s largest oil-producing country, understands it will have little choice but to wean its economy off a reliance on fossil fuels as the world inches onto a low-carbon path,…
FG generates N4.25trn, releases N1.2trn for Capital Expenditure in 2019 —Minister
The Federal Government has so far released 1.2 trillion in capital expenditure, representing a 50 per cent capital performance for the 2019 fiscal year. The Minister of Finance, Budget and…
Lagos Ports: Senators divided over Messrs OMLS operations
Apapa Port, Lagos Nigerian Senate has halted the suspension of Messrs OMLS Limited operations at the Safe Anchorage Area (SAA) of the Lagos ports, saying that the Nigeria Navy…
FIRS to begin nationwide tax enforcement exercise Dec. 18
The Federal Inland Revenue Service (FIRS) says it will commence a nationwide tax enforcement exercise from Dec. 18, 2019 with a view to prosecuting defaulters and recovering all outstanding…
FIRS gives 7 days notice to tax defaulters, may freeze corporate accounts
In a new push to shore up tax collection, the Federal Inland Revenue Service (FIRS) has served a seven-day notice to tax defaulters across the country. Measures to be taken…
2021 Appropriation Bill to be presented to the National Assembly by September: Buhari directs
President Buhari has directed that efforts be made to ensure the presentation of the 2021 Appropriation Bill to the National Assembly in September 2020. The president gave the directive when…
President Buhari welcomes proposal by Hyundai to set up plant in Nigeria
Nigeria will collaborate with and support Hyundai Engineering Company Limited to set up a car plant, and also rehabilitate petroleum refineries, President Muhammadu Buhari has said. President Buhari stated…