NIPC
9 Oct
The House of Representatives Joint Committee investigating the environmental consequences of crude oil transportation and oil spills, allegedly caused by Aiteo E&P and Oando Oil Limited (formerly Nigerian Agip Oil Company), has given their management seven days to appear before it.
8 Oct
Findings from the 2024 Transparency and Integrity Index (TII) have ranked the National Oil Spill Detection and Response Agency (NOSDRA)
23 Aug
The Executive Secretary, Nigerian Investment Promotion Commission (NIPC), Aisha Rimi, has commended the Tropical General Investment (TGI) Group on its commitment to sustainable food production, enhancing food security, and generating significant employment opportunities in the country.
29 Jul
There is growing concern over the huge revenue Nigeria gives up yearly in tax waivers, which experts estimate at N6 trillion yearly. Although some economists believe it is not lost revenue since it is meant to serve as an incentive to attract more investments, their worry stems from the fact that the country has not…
6 Jan
The Nigerian Investment Promotion Commission (NIPC) has disclosed that it granted Pioneer Status Incentive (PSI) to 34 companies in 2023. The PSI, also known as tax holidays, was granted to successful companies that applied for tax incentives or waivers last year. The Deputy Director of Investor Relations at the Commission, Lovina Kayode, made the disclosure…
27 Dec 2023
Nigerdock has collaborated with the United Nations Industrial Development Organization (UNIDO) and the Nigerian Investment Promotion Council (NIPC) to drive the development of sustainable foreign direct investments...
24 Nov 2023
In line with the renewed hope agenda of President Bola Ahmed Tinubu's Administration, Niger Extraction Company Ltd has presented a proposal of $300 million for the establishment of a Steel Plant in Niger State.
Latest
12 mins ago
The Federal High Court sitting in Kano has restrained the state Independent Electoral Commission (KANSIEC) from conducting elections into chairmanships and councillorship seats in the 44 local government areas of the state. In a landmark judgment delivered by Justice Simon Amobeda on Tuesday, the court declared that all activities and preparations of KANSIEC in respect…
20 mins ago
The Vice-Chancellor of the University of Ilesa, Ilesa, Osun State, Prof. Taiwo Olufemi Asaolu, has described the recurring invasion by herdsmen and encroachment by illegal miners on the school land as some of the challenges confronting the institution. He said that due to the lack of perimeter fencing in the school, herders and miners have…
32 mins ago
Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has raised the alarm over projections by multiple sources that the global loss to cybercrimes may reach a staggering $10.5 trillion by 2025, with approximately 2,328 cases occurring daily. Olukoyede made this revelation on Tuesday in Abuja at the National Summit on Cybercrime…
42 mins ago
An infection with the new mpox variant clade 1b has been detected in Germany for the first time, the Robert Koch Institute health authority said on Tuesday. The infection occurred abroad and was detected last Friday, the institute said, adding that it did not see an increased risk for Germany but was "monitoring the situation…
56 mins ago
The Human Rights Writers Association of Nigeria (HURIWA) has condemned the federal government's plan to build lavish housing for judges, labelling it an act of corruption. The pro-democracy group claims that the executive branch’s decision to allocate public funds for the construction of luxury homes for judicial officers violates the principle of separation of powers…
1 hour ago
Jigawa State has successfully raised over N1 billion in support for victims of the recent tanker explosion in Majiya in Taura Local Government Area (LGA) of the state. The announcement was made by the state Commissioner for Information, Home Affairs, Youths and Sports, Sagir Musa, following a State Executive Council (SEC) meeting chaired by Governor…
1 hour ago
No fewer than 542 personnel are competing in the 2024 Nigerian Army Small Arms Championship (NASAC), the News Agency of Nigeria (NAN) reports. The week-long championship would featured 109 officers and 433 soldiers at Jaji Military Cantonment Range in Kaduna State. The participants comprised personnel of the Army Headquarters Garrison, Abuja; 1 Division Kaduna, 2…
1 hour ago
The Minister of Power, Adebayo Adelabu, has announced the formation of a forensic investigative committee aimed at addressing the ongoing issues of grid collapses in Nigeria. The announcement follows recent disturbances to the national grid, which caused blackouts in several regions of the country twice within the past week. In a statement from his media…
1 hour ago
The House of Representatives Committee on Defense, says it will ensure effective utilization of resources allocated to military colleges and institutions. The institutions are: the Nigerian Defense Academy (NDA); Defense Industries Corporation of Nigeria (DICON) and the Armed Forces Command and Staff College (AFCSC) Jaji. The Chairman of the committee, Babajimi Benson, said this on…
1 hour ago
Officials from the Transmission Company of Nigeria (TCN) and Kaduna Electric have called for patience among residents in Northern states as the region continues to experience power outages due to issues with electricity transmission. On Tuesday, TCN announced that the outages were linked to the tripping of its 330kV DC Transmission Line, which has affected…