Business
Govs okay tax reform bills, propose new VAT-sharing Formula
Nigerian governors have thrown their weight behind the Federal Government’s tax reform bills. But they are proposing a new sharing formula for value-added tax...
Business
Petrol production at Dangote refinery affecting European market — OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) says the production of petroleum products by the Dangote Petroleum Refinery has reduced the importation of...
Business
NCC orders telcos to disconnect nine banks over USSD debt
Following a backlog of unpaid debts, the Nigerian Communications Commission has authorised telecommunications companies to disconnect the Unstructured Supplementary Service Data codes assigned to...
Business
NERC transfers full electricity regulatory oversight to four states
The Nigerian Electricity Regulatory Commission has completed the transfer of regulatory oversight to four states.
NERC made this known on its X handle on Monday,...
Business
Dangote refinery builds eight more tanks for imported crude
The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil.
A report by Africa Report...
Business
Telecoms tariffs to be increased soon but not by 100% – Minister
The Federal Government has confirmed plans to increase telecoms tariffs but assured Nigerians it won’t be by 100% as requested by operators.
The Minister of...
Business
Account for missing N825bn, $2.5bn for refinery repairs, SERAP tells NNPCL
The Socio-Economic Rights and Accountability Project (SERAP) has urged the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari...
Business
PETROAN urges FG to privatise refineries, seeks ₦100bn grant from Tinubu
The Petroluem Products Retail Outlets Owners Association of Nigeria (PETROAN) has asked the Federal Government to privatise state-owned refineries, requesting a ₦100bn grant from...