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Transgrid Enerco Limited, a Nigerian consortium, has completed its acquisition of a 60 percent major stake in Eko Electricity Distribution Company (EKEDC) for N360 billion. The...
Banks will start charging senders a N50 stamp duty on electronic transfers of N10,000 and above from January 1, 2026, following the implementation of the Tax...
Geregu Power Plc has appointed Abdulaziz Yari as chairman of its board of directors following the resignation of Femi Otedola. The changes were announced on the...
Zamfara and Anambra states have domesticated the Nigeria Tax Administration Act, becoming the second and third states to implement the legislation. On December 23, Biodun Oyebanji,...
The Joint Revenue Board (JRB) has announced that the Nigerian tax identification (ID) portal will go live nationwide on January 1, 2026, as part of efforts...
Nigeria’s expanding gig and informal workforce, including dispatch riders, ride-hailing drivers, market vendors, artisans, and street traders, struggle daily to make a living, yet remain highly...
The Federal Government has firmly rejected claims by the Chairman and Chief Executive Officer of Air Peace, Allen Onyema, that Nigeria’s new tax regime will cripple...
The Nigerian National Petroleum Company Limited has begun moves to sell stakes in some of its oil and gas assets, a new report by Reuters has...
Funke Akindele has once again rewritten the Nollywood playbook. Her latest feature, Behind the Scenes, has surged past N1.1 billion at the West African box office...
Billionaire businessman, Femi Otedola, has sold his majority stake in Geregu Power Plc for N1.088 trillion in a deal financed by a consortium of banks led...