Timelines/Key Indicators October 8, 2020 – Proposal for N13.08trillion 2021 FGN Budget of ‘Economic Recovery and Resilience’ was laid before the National Assembly. December 21, 2020 – National Assembly passed the Appropriation Bill of N13.6trillion, about…

It’s long overdue, and we’re reminded tonight of all those who fought so hard for so many years to make this happen. But once again, America has bent the arc of the moral universe towards justice.

Trans-Niger Oil & Gas Limited (TNOG) has acquired Shell Petroleum Development Company (SPDC) stake in the disputed Nigeria's oil mining lease (OML17) in Ogoniland.

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The Nigeria Sovereign Investment Authority (NSIA) is to partner OCP of Morocco and towards the development of the $1.4 billion Ammonia and Diammonium Phosphate production plant. The other partners include the Akwa Ibom State government, Nigerian…

MEDIATRACNET Despite the intervention of the National Industrial Court of Nigeria in the industrial face-off between the Nigeria Civil Service Union (NCSU) and the management of the Federal Inland Revenue Service (FIRS), the crisis appears not…

The Pension Transitional Arrangement Directorate (PTAD) has paid the benefits and entitlements of 603 former workers of Aluminum Smelter Company of Nigeria (ALSCON), Ikot Abasi in Akwa Ibom State.

The World Bank has blacklisted six Lebanese firms and their directors, along with some Nigerian contracting firms among individuals and companies indicted for fraud and corruption in 2020. The individuals and companies were blacklisted after the…

"The essence of this interruption is to enable the maintenance crew of the TCN (Transmission Company of Nigeria) re-string the vandalized portion of the 132kV line transporting energy from Gwagwalada transmission station to Apo/Kukwaba Transmission Stations,"

The European Commission has announced a €100 million in humanitarian assistance to support the rollout of vaccination campaigns in Africa. The Commission President, Ursula von der Leyen, who made the announcement said almost 70 air bridge…

MEDIATRACNET The new Value Added Tax (VAT) rate of 7.5 per cent took effect immediately the new Finance Act 2019 was signed into law by President Muhammadu Buhari on Monday, the Accountant General of the Federation, Ahmed…

The Presidency is optimistic that with sustained stability in crude oil prices, success of an imminent vaccine rollout, and continued effective implementation of the ESP, the economy would attain full recovery in the first quarter of…