Business

The Trade Union Congress (TUC) of Nigeria has firmly opposed the proposed increase in Value Added Tax (VAT) from the current rate of 7.5% to 10%, with potential increments to…

Dangote Petroleum Refinery is reshaping the global oil market. According to OPEC’s Monthly Oil Market Report released on January 15, 2025, the refinery has significantly reduced Europe’s dependence on imported…

A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I am alone, and feel the charm…

Oil marketers in Nigeria are raising alarm over the frequent fluctuations in fuel prices, warning that the instability is pushing many businesses toward collapse. The ongoing price war between Dangote…

The crypto world is buzzing with activity, and this month, some altcoins are catching all the attention. Qubetics has already raised $7.9 million, and its presale is wrapping up with…

The Nigerian currency continued its downward trend, falling to ₦1,585 per dollar in the parallel market on Wednesday from ₦1,565 per dollar recorded on Tuesday. This decline marks another setback…

The Nigeria Labour Congress (NLC), Lagos Council, has praised Dangote Refinery’s decision to reduce fuel prices, calling it a timely intervention for a nation grappling with economic hardships. NLC State…

In a groundbreaking development that is set to transform Nigeria’s energy landscape, the Federal Government has confirmed the full restoration of the Port-Harcourt and Warri refineries, a move that is…

  Nigeria runs on generators. It is a national embarrassment that the country with the largest economy in Africa cannot reliably keep the lights on for its 220 million citizens.…

The Nigerian Extractive Industries Transparency Initiative (NEITI) has given its official endorsement to the 2024 Tax Reform Bill, hailing it as a game-changer that will modernize and streamline Nigeria’s tax…