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Category: Business
Nigerian govt releases tax act guidelines nearly six months after kickoff
The Nigerian government has finally issued general guidelines for the implementation of Tax Acts 2025 nearly six months into its commencement on January 1, 2026….
Fraudsters rake in N134bn from banks, customers – CBN
Banks and their customers lost a combined N134.48bn to fraud between 2020 and 2025 amid a significant expansion in digital payments and financial technology adoption…
Flood crisis: NEC slashes prevention fund by 50%, approves N83bn
The National Economic Council on Thursday approved N83.21bn for the implementation of an Anticipatory Action Task Force to mitigate the impact of flooding and other…
Airport staff returns $1,700, passports to passenger at Lagos airport
A staff member at the Murtala Muhammed International Airport (MMIA) in Lagos, Frank Omorojie, has been commended for returning a lost purse containing cash and…
US-Iran war: NNPCL hikes oil prices by $7/barrel
The Nigerian National Petroleum Company Limited (NNPCL) has raised the official selling prices of all 37 Nigerian crude grades for May-loading cargoes, according to a…
CAC finally speaks on manipulation of firms’ data after cyber attack in Nigeria
Nigeria’s Corporate Affairs Commission (CAC), has finally reacted to claims that the records of DAAR Communications on its database was manipulated after recent cyber attacks….
Nigerian filling stations increase petrol price after Dangote Refinery’s hike
Nigerian filling stations have increased their petrol price hours after Dangote Refinery raised its gantry petrol price. OUr correspondent observed that MRS, BOVAS and other…
Tinubu sacks NMDPRA boss amid jet fuel pricing row
Four months after his appointment, President Bola Tinubu has sacked the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Saidu Mohammed. Mohammed’s…
Fast-track financial support, IMF tells Nigeria, others
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has advised countries facing economic pressures to act swiftly in seeking financial support when…
Again, United Nigeria Airlines suffers bird strike
Another aircraft belonging to United Nigeria Airlines flying from Port Harcourt to Abuja has been grounded after suffering a bird strike while landing at its…