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Category: Business
Nigerian govt announces 15% ports tariff increase
The Nigerian government, through the Nigerian Ports Authority (NPA), has announced a 15 percent tariff increase, the first in 32 years. According to the Nation,…
Telecom tariff: Centre backs dialogue, urges NCC, NLC to prioritize interests of Nigerians
The Centre for Good Governance (CGG), has urged the Nigeria Labour Congress (NLC) and the Nigerian Communications Commission (NCC) to consider the interests of Nigerians…
Why Tinubu jerked up proposed 2025 Budget from N49.7trn to N54.2trn – Bagudu
In a surprise move on Wednesday, President Bola Tinubu jerked up the proposed 2025 budget from the N49.7 trillion he earlier presented to the National…
Electricity tariff hike: Nigerian govt releases fresh guidelines
The Nigerian Electricity Regulatory Commission (NERC), has rolled out new guidelines on electricity tariff hikes within the country’s electricity supply industry. NERC’s Sanusi Garba, in…
Senate to report CBN, FIRS, Customs to Tinubu for snubbing summons
The Nigerian Senate has expressed anger over the refusal of some revenue generating agencies to answer queries raised by report of the Office of the…
Marketers dumping NNPCL amid price war with Dangote Refinery – IPMAN
The Independent Petroleum Marketers Association (IPMAN) has confirmed that their members are already moving away from the Nigerian National Petroleum Company Limited (NNPCL) franchise for…
Dangote petrol price reduction will lower living costs for Nigerians – PETROAN
Petroleum Products Retail Outlets Owners of Association of Nigeria (PETROAN) has said the latest ex-depot premium motor spirit price reduction by Dangote Refinery will alleviate…
Expect another electricity tariff hike within months – Presidential aide
The Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, says Nigeria’s electricity tariff will increase within months. She stated this at the Africa…
Nigeria’s VAT surged by 84.62% to N6.72trn in 2024 — FIRS
Nigeria’s Value Added Tax (VAT), collections rose by 84.62 per cent to hit N6.72 trillion in 2024. The Federal Inland Revenue Service (FIRS), disclosed this…
Comply with FG’s cash policy or risk access to funding – Edun warns MDAs
Nigeria’s Minister of Finance, Wale Edun, has warned the federal government’s ministries, departments, and agencies to comply with the revised cash-management and bottom-up cash-planning policy…