The Nigeria Governors’ Forum (NGF) has firmly opposed proposed plans to increase the Value Added Tax (VAT) rate in the country, citing concerns over economic hardship...
The Nigerian currency, the naira, displayed a mixed performance across various markets on Thursday, January 16, 2025, as the exchange rates showed marginal gains and losses...
The Organisation of the Petroleum Exporting Countries (OPEC) has flagged the impact of increased petrol production at Nigeria’s Dangote Refinery on the European market....
In its latest monthly report for January 2025, the Organization of the Petroleum Exporting Countries (OPEC) projected a global oil demand growth rate of 1.4 million...
In a significant development for Nigeria’s telecommunications industry, the Federal Government has approved a tariff hike for calls and data services by up to 60%. The...
Minister of Power Adelabu, Plans to Spend ₦8bn on Electricity Bill Orientation Sparks Debate The Federal Government has proposed an ₦8 billion expenditure in 2025 for...
The Nigerian Communications Commission (NCC) has authorized telecommunications companies to disconnect nine Nigerian banks from using their designated Unstructured Supplementary Service Data (USSD) codes due to...
The Nigerian naira experienced a slight decline against the U.S. dollar at the official window on Tuesday, January 14, 2025. According to data from...
The Central Bank of Nigeria (CBN) has imposed a fine of ₦150 million each on nine deposit money banks for their failure to dispense cash...
Taiwo Shittu, Managing Director and CEO of Lanre Shittu Motors (LSM), was recently honored as the Auto Personality of the Year at the Nigeria...