There appears to be noticeable concern among freight forwarding practitioners in the nation's maritime sector regarding the tax implementation, which began on Thursday, January 1, 2026. Some agents who spoke…
The Nigerian National Petroleum Company Limited (NNPC Ltd) reported that its monthly income fell by 14.17% in November 2025 to N4.358 trillion, down from N5.078 trillion in October. In its…
The Joint Revenue Board (JRB) has announced that the Nigerian tax identity (ID) system would be live countrywide on January 1, 2026, as part of efforts to modernise taxation. The…
Dangote Petroleum Refinery has started nationwide sales of Premium Motor Spirit (petrol) at a pump price of N739 per litre at all MRS Oil Nigeria Plc filling stations, marking a…
Femi Otedola, chairman of First HoldCo Plc, has bought new shares worth N14.8 billion in the financial holding firm, bringing his position to more than 18 percent. The transaction was…
The Senate reviewed a bill on Wednesday that sought to repeal and re-enact the 2024/2025 Appropriations Act, proposing a revised budget of N43.56 trillion. President Bola Tinubu had earlier sent…
President Bola Ahmed Tinubu has formally requested the Senate’s approval for new chief executives to lead the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum…
The Nigeria Customs Service and the Nigerian Midstream and Downstream Petroleum Regulatory Authority have increased collaboration to combat the diversion of petroleum products intended for local consumption, as Nigeria steps…
The Central Bank of Nigeria (CBN) has ordered all acquirers, processors, and payment terminal service providers (PTSPs) to implement mandatory dual connectivity with the Nigeria Inter-Bank Settlement System (NIBSS) and Unified…
The Dangote Petroleum Refinery reduced the gantry price of its Premium Motor Spirit, PMS, or petrol, by 16% to ₦699 per litre from ₦828, with effect from December 11, 2025.…