By Grace Alegba Lagos, March 4, 2026 (NAN) The Central Bank of Nigeria (CBN) has taken delivery of responsibly sourced gold refined to London Bullion Market Association (LBMA) Good Delivery standards into its foreign reserves. A statement by the apex bank on Wednesday said that this brings the CBN’s totalContinue Reading
By Lucy Ogalue Abuja, March 4, 2026 (NAN) The Federal government says the era of vulnerable groups begging for government contracts is over, declaring that affirmative procurement has now been institutionalised as a legal obligation for all federal entities. The Director-General of the Bureau of Public Procurement (BPP), Dr AdebowaleContinue Reading
Tax By Nana Musa Abuja, March 3, 2026 (NAN) The Federal Government has prohibited cash collection of taxes and banned the mounting of roadblocks for revenue enforcement, as part of fresh regulations to implement Nigeria’s new tax laws nationwide. The Executive Secretary (ES) of the Joint Revenue Board, Mr OlusegunContinue Reading
By Lucy Ogalue The Director-General, Bureau of Public Procurement (BPP), Dr Adebowale Adedokun, says failure to adhere strictly to procurement timelines undermines efficiency and fuels waste in public sector operations. Adedokun said this while presenting an update on Gender-Responsive Public Procurement in Nigeria and the National Policy on Affirmative ProcurementContinue Reading
By Lucy Ogalue The Bureau of Public Procurement (BPP) has called on financial institutions and development partners to prioritise access to finance for women, youth and vulnerable group-owned businesses. The Director-General of BPP, Dr Adebowale Adedokun, said this was to enable their participation in government contracts. Adedokun made the callContinue Reading
By Nana Musa . The Youths Against Disaster Initiative (YADI) has called for the implementation of a comprehensive ranching reform as a strategic pathway to economic transformation, food security and national stability. The Programme Officer of theinitiative, Mr Farouk Bala, made the call at a news conference in Abuja onContinue Reading
By Muhyideen Jimoh President Bola Tinubu has nominated Mr Taiwo Oyedele as Minister of State for Finance, to replace Dr Doris Uzoka-Anite. Uzoka-Anite will now move to the Ministry of Budget and National Planning as Minister of State, her third portfolio in the administration. This is contained in a statementContinue Reading
By Rukayat Moisemhe The Chartered Institute of Directors (CIoD) Nigeria has formalised a three-year strategic partnership with the Commonwealth Enterprise and Investment Council (CWEIC). The partnership is to deepen trade, investment and corporate governance linkages between Nigeria and the wider Commonwealth community. The President, CIoD Nigeria, Mr Adetunji Oyebanji, madeContinue Reading
By Lucy Ogalue The Bureau of Public Procurement (BPP) has engaged Ministries, Departments and Agencies (MDAs) on implementation of the National Policy on Affirmative Procurement (NPAP). The Director-General, BPP, Dr Adebowale Adedokun, said this at the Training for Policymakers and Awareness Raising on Inclusive Public Procurement in Abuja on Tuesday.Continue Reading
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has stressed the urgent need to consolidate and strengthen Nigeria’s domestic refineries through the provision of adequate, consistent crude oil supply.
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