Seplat vs. Chappal: The Battle for Nigeria’s Upstream Dominance
Nigeria’s oil and gas sector, long dominated by international oil majors, is witnessing a significant shift as indigenous companies like Seplat Energy and Chappal Energies vie for control of the…
The Real Cost of Nigeria’s 70% Tax Gap: A Call for Accountability
Nigeria is facing a critical fiscal challenge: a 70% tax gap that severely limits its ability to fund development and address pressing economic issues. According to Mr. Taiwo Oyedele, Chairman…
Tinubu Reshuffles South East Development Commission Board Nominees Again
In a bid to strengthen the leadership of the South East Development Commission (SEDC), President Bola Ahmed Tinubu has announced a fresh reshuffle of the commission’s board nominees. The changes,…
Tinubu’s Tax Reforms Face Pushback Amid Allegations of Ethnic Favoritism — Sowunmi
The tax reform efforts of President Bola Ahmed Tinubu’s administration are facing significant opposition, with Segun Sowunmi, a chieftain of the Peoples Democratic Party (PDP), attributing the backlash to perceived…
Nigeria Losing 70% of Tax Revenues, Says Fiscal Policy Committee Chair
In a startling revelation, Mr. Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reform Committee, has disclosed that Nigeria is currently collecting only 30% of its potential tax…
Lagos State Launches Ilera N’ Tiwa Cooperative to Revolutionize Health Coverage and Financial Inclusion
In a groundbreaking move to address healthcare accessibility and financial inclusion, the Lagos State Government has launched the Ilera N’ Tiwa Cooperative and Multipurpose Society Ltd. This initiative was unveiled…
Lafarge Africa Plc Announces Board Meeting and Commences Closed Trading Period
Date of Notification: December 6, 2024Company Name: Lafarge Africa PlcIssued by: Adewunmi Alode, Legal Director & Company Secretary Key Highlights Implications for Shareholders and Stakeholders Lafarge Africa Plc Board Composition…
Insider Share Deal Notification: Cutix Plc CEO Purchases 367,617 Shares
Date: December 6, 2024Location: Lagos, Nigeria Introduction Cutix Plc has disclosed a share dealing notification involving its Chief Executive Officer (CEO), Mrs. Oduonye Ijeoma Agnes, who acquired 367,617 shares of…
Julius Berger Nigeria Plc Announces Board Leadership Transition: Mutiu Sunmonu to Step Down; Engr. Goni Musa Sheikh Named Chairman
Date of Notice: December 5, 2024 Introduction Julius Berger Nigeria Plc, a prominent leader in construction and infrastructure in Nigeria, has announced a significant leadership transition. The company’s esteemed Chairman,…
Vitafoam Nigeria Plc Schedules Key Board Meeting to Finalize FY 2024 Financials and Dividend Proposals
Date of Notice: Thursday, 5 December 2024Issued by: ’Lekan Sanni, Company Secretary/Legal Adviser Board Meeting Scheduled for 19 December 2024 Vitafoam Nigeria Plc has announced a critical board meeting set…