Business and Finance
No New Taxes on Fuel, Telecoms, FG Clarifies
The Federal Government has dismissed reports suggesting that it plans to introduce new taxes on telecommunications services and petroleum products, saying such claims misrepresent...
World Bank Lists Apapa, Tin Can Among World’s Most Improved Ports
Nigeria’s Apapa Port Complex and Tin Can Island Port Complex have been ranked among the 20 most improved ports globally by the World Bank,...
FG, States, Others Share N2.257trn April 2026 Revenue
The Federation Account Allocation Committee (FAAC) has shared a total sum of N2.257 trillion to the Federal, States and the Local Government Councils for...
Nigeria’s Inflation Climbs to 15.93% in May, Says NBS
Nigeria’s headline inflation rate rose slightly to 15.93 per cent in May 2026, marking the first uptick in three months, although underlying data suggest...
SERAP Drags NNPCL to Court Over Alleged N5.9bn Rebranding Cost
The Socio-Economic Rights and Accountability Project (SERAP) has sued the Nigerian National Petroleum Company Limited (NNPCL), seeking judicial intervention to compel the state-owned energy...
Nigeria Exceeds OPEC Quota as Oil Output Climbs to 11-Month High
Nigeria surpassed its crude oil production quota set by the Organisation of the Petroleum Exporting Countries (OPEC) in May 2026, marking a significant milestone...
