Economy
Proposed Personal Income Tax Bill, here’s How much tax you might pay From your Income
The Presidential Committee on Fiscal Policy and Tax Reform (FPTR) has introduced a proposed Personal Income Tax Bill that aims...
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Expert Warns Against Makeshift CNG Installations to Ensure Vehicle Safety in Nigeria
Olugbenga Awe, an industry expert, has warned against the installation of makeshift Compressed Natural Gas (CNG) kits or welded tanks...
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Minister of Power: High Fuel Costs Necessitate N750 per Kwh for Private Electricity Generation
The Minister of Power, Adebayo Adelabu, has announced that private entities will require around N750 to generate one kilowatt-hour (kWh)...
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Nigeria’s Daily Petrol Consumption Drops by 92% Under President Tinubu
Nigeria’s daily petrol consumption has dramatically dropped by 92% since President Bola Tinubu assumed office on May 29, 2023. Data...
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Courier and Logistics Industry Could Boost Nigeria’s GDP by 60%, Says CLMI Chairman
The Executive Chairman of the Courier and Logistics Management Institute (CLMI), Simon Emeje, has emphasized that Nigeria's courier and logistics...
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World Bank Urges Nigeria to Lift Food and Fertilizer Import Ban, Align with ECOWAS Tariffs
The World Bank has called on Nigeria to lift restrictions on food and fertilizer imports and align its trade policies...
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Nigerian Push for Increased Funding to Combat Procurement Irregularities
The Nigerian House of Representatives has urged the Federal Government to review the budget allocation of the Bureau of Public...
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WTO Chief Calls for Urgent Action to Boost Renewable Energy and Efficiency by 2030
Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation (WTO), has stressed the urgent need to triple renewable energy production and...
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Nigeria Orders Replacement of Phased-Out Meters to Ensure Uninterrupted Power Supply
The Federal Government of Nigeria has mandated that electricity distribution companies (Discos) must replace any meters phased out during a...
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Nigeria’s Minimum Wage Hike Benefits Just 4.1% of Workers, Warns World Bank
The World Bank has revealed that Nigeria's recent increase in minimum wage will directly benefit only 4.1% of working-age Nigerians,...
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