IMF ADVISES NIGERIA TO INTRODUCE TAX ON TELECOMS
The International Monetary Fund (IMF) has advised the Nigerian government to introduce excise duties on telecommunications services and extend Value…
VAT COLLECTION RISES
Nigeria’s Value Added Tax (VAT) collections rose to N2.42 trillion in the first quarter of this year, National Bureau of…
Reps aspirant sues NDC for N5bn over ‘scrapped’ primary
A Niger Delta environmental activist and Nigeria Democratic Congress aspirant for the House of Representatives seat for Warri Federal Constituency,…
ADC names Amaechi as Atiku’s running mate in 2027 election
The African Democratic Congress has selected former Rivers State Governor, Rotimi Amaechi, as its vice-presidential candidate for the 2027 presidential…
Domestic Gas Sales Rise 30% on Reforms – Report
Nigeria’s domestic gas market recorded a significant increase in sales, rising by about 30 per cent between January 2022 and…
More Than 70% of Eligible NNPC Staff Seek Exit
The Nigerian National Petroleum Company Limited has commenced an early retirement scheme that is already attracting significant interest from employees,…
Banks Earn N225bn from ATM, E-banking Charges
Nigerian banks generated N224.69bn from electronic banking services and ATM/card-related charges in the first quarter of 2026, representing a 12.56…
Crude Oil Prices Slide As US–Iran Peace Deal Boosts Global Equities
As oil prices fall, stocks have soared on Monday following the United States – Iran agreement to end their war…
STOCK MARKET GAINS N99 BILLION ON SUSTAINED BUYING INTEREST
The Nigerian stock market closed on a positive note last week, with investors gaining N99 billion as buying interest persisted…
NIGERIA MEETS OPEC QUOTA
Nigeria’s oil production witnessed an upswing in May 2026, averaging 1,530,354 barrels of crude oil and 170,446 barrels of condensates…