February 25, (THEWILL) - Nigeria’s non-oil revenue, known for its tardy, clay-footed performance in previous years, has recorded exponential growth in the post-COVID-19 period. Data from the Federal Inland Revenue Service (FIRS) showed that the nation’s non-oil revenue soared...
July 03, (THEWILL) - Saudi Arabia is extending its unilateral 1 million bpd production cut into August, the world’s top crude exporter said on Monday, sending oil prices rising by 1%.
“An official source from the Ministry of...
The increased volume of agricultural goods helped to achieve a relatively high value of non-oil exports in the first quarter (Q1) of 2023, compared to the corresponding period of 2022, data by the National Bureau of Statistics (NBS) have...
May 18, (THEWILL) - The Central Bank of Nigeria (CBN) has modified the operating guidelines for the RT200 Non-Oil Export Rebate scheme as contained in its earlier circular of February 25, 2023.
The Bank said in a circular released Thursday...
The RT 200 scheme launched on February 10, 2022 to revolutionise non-oil export drive, stimulate domestic production and expand the frontier of diversification, has proved a success story one year after it was launched.
The RT 200 which stands...
September 20, (THEWILL) – Africa’s Global Bank, United Bank for Africa (UBA) Plc, has said it is driving Nigeria’s non-oil export scheme with speed as a mark of its commitment to the country’s diversification initiative.
The bank has also explained that...
The President, Bola Ahmed Tinubu has flagged off the construction of the $3.5 billion Bakassi Deep Seaport in Cross River State, describing the project as a strategic investment that will reduce pressure on Lagos ports and reposition Nigeria’s maritime industry.
