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Nigeria collects $1.4Bn in VAT in Q3 2022
Nigeria’s federal government generated 625.39 billion nairas ($1.4 billion) in value-added tax (VAT) in the third quarter of 2022, reports say. The figure accounts for 25.95% increase from the previous year. The tax payments collected rose by 4.21% from 600.15 billion nairas in the second quarter of the year per data gathered by National Bureau […]
Slovak company plans to assemble electric cars in Nigeria
Sirieco, a Slovak company plans to set up a plant in Nigeria, to assemble electric cars and manufacture the new-generation incandescent bulbs, the company’s CEO Groidis Peter announced during a recent visit to the West African nation. The plant will be located at Calabar in Cross River State, southeast Nigeria, Groidis Peter said. The Governor […]
Green Hydrogen: UK Oblin planning major zero-carbon project in Moroccan Sahara
UK Oblin group, which builds and operates hybrid utility scale solar, wind, hydro, biomass, waste to energy power stations, will carry out a major green hydrogen project in the Moroccan Saharan Dakhla-Oued Eddahab region. This zero-carbon project was disclosed following a visit paid lately by a delegation of investors, led by Oblin’s CEO, Brannan Tempest, […]



