Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy, revealed that his committee has recommended that the Nigerian Government eliminate taxes on essential items like…
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All the latest business news in Nigeria
Despite the ongoing fuel scarcity across Nigeria, the Nigerian National Petroleum Company (NNPCL) Limited has raised the price of fuel from N650 to N855 per litre.…
The Central Bank of Nigeria (CBN) has lifted its suspension on banks borrowing from its Standing Lending Facility (SLF), setting the lending rate at 31.75 percent…
The Nigerian government has entered into a Memorandum of Understanding with Boeing, an aircraft manufacturer, to enhance the country’s aviation sector. This development was disclosed by…
President Bola Tinubu has appointed Rotimi Akinde and Ifeoma Uz’Okpala as Executive Director of Corporate Finance & Risk Management and Executive Director of the Large Enterprises…
The Nigerian state-owned oil company NNPC has increased its shipments of liquefied natural gas (LNG) cargoes to a Chinese port following its initial delivery to Japan…
The Lagos Mass Transit Red Line Rail will begin partial operations on Wednesday, according to the Lagos Metropolitan Area Transport Authority spokesperson, Kolawole Ojelabi, in a…
BudgIT, a tech-civic and social accountability organisation, has reported that the Nigerian Government spent 225% more than its revenue for the 2023 fiscal year. According to…
The Dangote Refinery is poised to transform the long-standing fuel trade from Europe to Africa and reduce Nigeria’s dependence on imported refined products. As the world’s…
Oando Plc has finalised the purchase of Eni’s subsidiary, Nigerian Agip Oil Company (NAOC), for $783 million. The company announced this on Thursday in a statement…