Business & Economy
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Manufacturing Sector Leads Nigeria’s VAT Performance in First Half of 2025
The manufacturing sector continued to dominate Nigeria’s Value-added Tax, VAT, performance in the first half of 2025, recording N584.63 billion and accounting for 26.6 percent of the total local VAT...
Read moreDetailsPetrol Price Drops as Dangote Refinery, Others Reduce Depot Rates
The Dangote Petroleum Refinery and several major depot operators have lowered the average gantry price of Premium Motor Spirit (PMS) to N840 per litre, a slight reduction from the previous...
Read moreDetailsNNPC Reports Stronger Revenues, Higher Profits, Gas Infrastructure Progress in October 2025
Summary The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a revenue rise to ₦5.08 trillion in October 2025, improving from the ₦4.27 trillion recorded in September, according to...
Read moreDetailsNigeria’s Economy Has Emerged Stronger – Cardoso
Summary The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Friday affirmed that Nigeria’s economy has grown significantly stronger, expressing confidence that the country is now more...
Read moreDetailsTinubu Sets Up National Tax Policy Committee to Drive Nigeria’s Fiscal Reforms
Summary President Bola Tinubu has approved the creation of the National Tax Policy Implementation Committee (NTPIC), a new body designed to steer the administration’s major tax reforms toward full execution...
Read moreDetailsEU Moves Closer to Possible Fine Against Elon Musk’s X Platform as Digital Rule Probe Nears Deadline
Summary The European Union is edging toward issuing a potential penalty against Elon Musk’s X platform before the close of 2025, nearly two years after launching a landmark investigation that...
Read moreDetailsNAF, NNPC Deepen Collaboration to Safeguard Nigeria’s Vital Oil, Gas Infrastructure
Summary The Nigerian Air Force (NAF) and the Nigerian National Petroleum Company Limited (NNPC) have reinforced their commitment to work more closely in defending the country’s critical oil and gas...
Read moreDetailsNNPC/Renaissance JV Boosts Cancer Care With $300,000 Support for National Hospital Abuja
Summary The NNPC/Renaissance Joint Venture (JV) has extended a fresh lifeline to cancer treatment services at the National Hospital, Abuja, with a donation of $300,000 dedicated to maintaining the hospital’s...
Read moreDetailsDangote Group Sets Major Expansion in Motion with New Fertiliser Partnerships
Summary Dangote Group has unveiled a set of strategic technical alliances designed to propel the next stage of its fertiliser business in Nigeria and support the establishment of new fertiliser...
Read moreDetailsMusa Adar Assumes Office As NEITI’s New Executive Secretary, Vows Stronger Transparency, Institutional Reform
Summary Honourable Musa Adar, the newly appointed Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), has formally taken over leadership at the NEITI House. Addressing management and staff...
Read moreDetailsCartoon of The Week!
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