Economy
Economy General

TDF backs Nasarawa Gov. Sule’s stance on tax reform bills

From Our Correspondent Abuja, Jan. 10, ’25 (TNZ): The Democratic Front (TDF) says it supports Gov. Abdullahi Sule of Nasarawa State’s latest position on President Bola Tinubu’s tax reform bills, which are currently before the National Assembly. TheNewsZenith reports that TDF Chairman, Danjuma Muhammad and Secretary, Chief Wale Adedayo, announced this in a statement in Abuja. The […]

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Business Economy

TCN rakes N137b from DisCos in 2024

From Our Correspondent The Electricity Distribution Companies (DisCos) paid the sum of N137.06 billion to the Transmission Company of Nigeria (TCN) between January and September of 2024 as transmission and administrative charges. TheNewsZenith reports that this was despite the frequent collapsing of grid infrastructure, which collapsed more than 12 times last year. According to the […]

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Oil & Gas Politics

Warri refinery, Tinubu’s New Year gift to Nigerians -TMSG

By Abdulfatah Babatunde The Tinubu Media Support Group (TMSG) says it is elated by the reopening of the Warri Refinery, describing it as an unexpected New Year gift from President Bola Tinubu’s administration to Nigerians. The group’s Chairman Emeka Nwankpa gave commendation in a statement emailed to TheNewsZenith on Friday in Lagos. It expressed a […]

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Economy Foreign News

Kenyan stock market maintains rally on 1st 2025 trading day

Nairobi, Jan. 3, ’25 (TNZ) The Nairobi Securities Exchange (NSE) maintained its rally on the first trading day of 2025 on Thursday, with all key indices recording gains. Market data from the NSE showed that the benchmark NSE 20 Share Index, which ended 2024 at 2,010.65, rose by 48.02 points to close at 2,058.67. The […]

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Economy

Tax Reform bill, ill-timed – KNSG

Kano, Jan. 3, ’25 (TNZ) Gov. Abba Kabir Yusuf of Kano State has voiced his administration’s rejection of the Tax Reform Bill proposed by the Federal Government, describing it as “ill-timed”. TheNewsZenith reports that the governor announced the rejection during the New Year celebration in Kano. 2025. Deputy Governor, Comrade Aminu Abdussalam Gwarzo, represented Yusuf […]

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Foreign News Oil & Gas

Angola’s oil production growth after OPEC exit

LUANDA, Jan. 1, ’25 (TNZ) Angola’s average daily oil production reached 1.134 million barrels in the first three quarters of 2024, increasing by four per cent. This compared to the same period last year, according to data from Angola’s National Petroleum, Gas and Biofuels Agency (ANPG). The rise follows Angola’s exit from the Organisation of […]

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Business General Transportation

NAHCO signs handling service deal with 3 international carriers

By Bolanle Ridwan The Nigerian Aviation Handling Company Plc (NAHCO Aviance) says it has signed a collaborative agreement to extend handling contracts with three international air carriers. Mr Indranil Gupta, NAHCO’s Group Managing Director, announced the deal in a statement in Lagos on Monday. TheNewsZenith reports that the international carriers are Emirates, Turkish and Virgin […]

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Economy National

Atiku’s tirade against 2025 budget, judgemental error – IMPI

From Our Correspondent The Independent Media and Policy Initiative (IMPI) has dismissed the criticism of the 2025 budget proposal by former Vice President Atiku Abubakar, describing it as a tirade, ungrounded in fact. Atiku, former presidential candidate of PDP had claimed that the budget estimates lacked structural reform and fiscal discipline. TheNewsZenith reports that President […]

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Foreign News Oil & Gas

Eni begins 2nd phase of oil & gas production in Ivory Coast

The energy group said Italy’s Eni started a second oil and gas production phase at Ivory Coast’s offshore Baleine field on Saturday. Eni discovered the Baleine field in September 2021 and started production in August last year. The second phase was scheduled to begin by the end of 2024. Production will now reach 60,000 barrels of oil […]

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Economy General

Tinubu’s Media chat signposts drop in food, petrol prices – TMV

By Abdulfatah Babatunde The Tinubu Media Volunteers (TMV) says President Bola Tinubu’s maiden media chat has proved that he has a grasp of the economic conditions of Nigerians. TheNewsZenith quotes the TMV as further noting that the President has workable and realistic solutions for them. The Volunteers’ Chairman, Chukwudi Enekwechi and Secretary Sunday Shadrach, said […]

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