Six nominees for the board of the Nigerian Electricity Regulatory Commission (NERC) have been confirmed as commissioners.
Senate has confirmed the appointment of Mr. Lamido Yuguda as the Director-General of the Securities and Exchange Commission (SEC) and three commissioners.
The Senate will revisit more investment laws to support the development and growth of the Nigerian capital market.
The Nigerian Senate has expressed its willingness to consider the removal of subsidy on petrol and devaluation of the Naira.
The Nigerian Senate has introduced a bill seeking to ban the use of generators in Nigeria.
The Nigerian Senate had ordered the investigation of banks over alleged non-remittance of withholding taxes to state governments.
For many years, competition in the Nigerian soft drink market was mainly between Coca-Cola and Seven-Up but in 2014, Rite Food came and disrupted the space.
Makers of Pepsi and makers of Bigi drinks were recently invited by the Nigerian Senate to resolve the issue of competition between them.
The Nigerian Senate has guaranteed Nigerians that the implementation of the 7.5% increase in VAT would not affect their purchasing power.
The Nigerian Senate has directed its Committees on Foreign Affairs and Trade and Investment to investigate the alleged shutdown of Nigerian businesses in Ghana.
