Tax Ombud Warns Revenue Agencies Against Multiple Taxation, Illegal Levies
The Tax Ombud has urged revenue authorities to respect taxpayers’ rights and implement Nigeria’s tax reforms fairly to improve compliance ...
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Tag: #NigeriaBusiness
Nigeria’s Business Activity Strengthens as CBN PMI Rises to 53.0 in September
Industrial production and new orders support stronger economic activity, while services and agriculture maintain expansion despite slower growth.
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FG Tightens Special Economic Zone Rules, Assures Investors Incentives Will Remain
The Federal Government says legitimate Free Zone incentives will be protected as regulators move to close loopholes allowing companies to ...
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Nigeria Faces Crude Supply Crunch as Refinery Demand Nears 1.5mbpd
Independent producers warn that Nigeria's growing refining capacity could consume almost all current crude output, leaving little room for exports ...
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Nigeria, US Sign Mining Pact to Attract Investment, Expand Local Mineral Processing
The agreement covers geological data, exploration, mineral processing, infrastructure and technical skills as Nigeria seeks greater value from its mineral ...
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Naira Strengthens as Nigeria’s Forex Turnover Jumps 9%
Activity in Nigeria's foreign-exchange market increased as the naira strengthened, adding to signs of improved activity in the currency market.
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Lagos Leads States With ₦1.77tn IGR as Nigeria’s Subnational Revenue Hits ₦5.15tn
Lagos generated ₦1.77 trillion in internally generated revenue in 2025 as total IGR across Nigeria's states and the FCT climbed ...
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FG Cuts Interest Margin on Late Tax Payments as New Rule Takes Effect October 1
The Federal Government has reduced the additional interest margin on late tax payments from five percentage points to one percentage ...
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DisCos Leave ₦83.15bn Electricity Unbilled in July as Collection Gap Hits ₦45.26bn — NERC
Nigeria's electricity distributors billed only 75.1 per cent of the power supplied to them in July, while another ₦45.26 billion ...
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NGX Extends Bullish Run as Market Capitalisation Rises to ₦163.68tn
Gains in Seplat Energy, NAHCO, Fidelity Bank and NASCON lift the Nigerian equities market for a fourth consecutive session, pushing ...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.