The Major Energies Marketers Association of Nigeria (MEMAN) has said that the 15 per cent ad-valorem tariff on imported fuel and diesel recently approved by President...
The Presidency is planning to restructure asset ownership in the Nigerian National Petroleum Company Limited amid concerns over what it called its low oil production. The...
Stock market was hit by a significant downturn in November’s first trading week as investors lost a whooping N2.8 trillion at the Nigerian Exchange Limited (NGX)....
Analysts have suggested that the newly introduced Capital Gains Tax (CGT), which is expected to take effect from January 1, 2026, will negatively impact investments and...
The future of ARISE TV and its sister publication, ThisDay, appears uncertain following the Asset Management Corporation of Nigeria’s (AMCON) receivership notice issued on November 6,...
Despite the Central Bank of Nigeria’s (CBN) attempts to mop up cash through its open market operations, banks ended last week awash with about N4.39 trillion...
The aspiration of Ondo State to become Nigeria’s next industrial powerhouse through a $50 billion 500,000-barrels-per-day refinery and a 1,471-hectare Free Trade Zone in Ilaje, a...
A fresh battle for dominance is brewing in Nigeria’s fuel market as Dangote Refinery and private depot operators slash prices in a bid to capture a...
Nigeria’s power distribution companies grew their revenue collections by about 43 per cent in the first eight months of 2025, raking in a total of N1.5tn,...
As the Christmas season approaches, licensed agents in Nigeria’s maritime sector have reported a sharp decline in importation, ranging from 40 to over 50 per cent....