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President Bola Tinubu has approved the cancellation of a substantial portion of the debts owed by the Nigerian National Petroleum Company Limited to the Federation Account,...
The Central Bank of Nigeria (CBN) raised N15.3 trillion from the Nigerian treasury bills (NTBs) market in 2025 to support the federal government’s effort to bridge...
Allen Onyema, Air Peace chief executive officer (CEO), says the new tax laws have brought back charges that the 2020 tax laws removed. In an interview...
The Nigeria Labour Congress has threatened to revolt against plans to commence the implementation of the newly enacted tax reform laws from January 1, 2026. The...
A lucky lottery player in Arkansas, United States, has won a staggering $1.8 billion Powerball jackpot, marking the second-largest lottery prize ever recorded in the country....
The Federal Government relied overwhelmingly on domestic borrowing through Federal Government bonds to finance its fiscal deficit in the first half of 2025, raising N6.10tn from...
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said that Nigerian tax authorities cannot debit taxpayers’ bank accounts without first...
Nigeria’s crude oil production is projected to average about 1.7 million barrels per day (bpd) in 2026, marginally above its OPEC quota, but prospects of sustaining...
When Aliko Dangote first announced his intention to build a private oil refinery in Nigeria back in 2013, skeptics outnumbered believers. At a business luncheon that...
Major oil marketers have insisted that the Dangote Petroleum Refinery, despite recent sharp price reductions and growing domestic output, cannot on its own meet Nigeria’s petrol...