Nigeria Leads Intra-African Trade in West Africa with $18.4bn in 2024
Nigeria has emerged as West Africa’s top intra-African trading nation in 2024, recording approximately $18.4 billion in trade with other...
FIRS Halts Issuance of Tax Exemption Certificates for All Entities
The Federal Inland Revenue Service (FIRS) has officially discontinued the issuance of tax exemption certificates across all categories of taxpayers,...
Nigerians Owe N70.25bn in Electricity Bills for May 2025 — NERC
Electricity consumers across Nigeria failed to pay a total of ₦70.25 billion in May 2025, according to the latest Commercial...
Petrol Importers Undercut Dangote Refinery as Price War Heats Up
Petrol importers have begun undercutting the Dangote Petroleum Refinery by offering lower fuel prices, igniting a fresh wave of competition...
FG Partners with Embroidery Sector to Boost GDP and Empower Youth
The Federal Government has pledged to collaborate with players in Nigeria’s fashion industry, particularly the embroidery sector, as part of...
FG Wades into Electricity Tariff Dispute, Urges Unity Among Regulators
The Federal Government has stepped into the ongoing electricity tariff controversy following the recent decision by the Enugu Electricity Regulatory...
Insurance Firms Cede 40.7% of Business Abroad in Q1, Retain 59.3% Locally
Insurance companies in Nigeria ceded 40.7% of their business to foreign reinsurers in the first quarter of 2025, retaining an...
Asian Stocks Tick Up as US-China Tariff Truce Offers Modest Relief
Asian equities edged higher on Wednesday as investors took modest comfort in the extension of the US-China tariff truce, which...
Oil Prices Steady After Spike Amid Trump’s Russia Ultimatum
Oil prices paused in Asian trade on Wednesday following a sharp rally of over 3% in the previous session, as...
New Tax Law Empowers Nigeria Revenue Service to Borrow Funds for Operations
The Federal Government has officially granted the newly established Nigeria Revenue Service (NRS) the power to borrow funds from any...
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