Economy
Local Manufacturers remain resilient despite Harsh Operating Environments.
As multinational companies continue to leave Nigeria due to economic upheavals, a growing number of both local and foreign firms...
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FIRS Launches Recruitment Drive for Young Graduates as Tax Officers
The Federal Inland Revenue Service (FIRS) has announced a recruitment exercise to hire young graduates for the positions of Tax...
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Nigeria’s Diplomatic Missions: 41 Trips, $5 Billion in Investments, but No Gains from 11 Countries
In their first 17 months in office, President Bola Tinubu and Vice President Kashim Shettima undertook 41 trips across 23...
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ATCON Rejects Federal Government’s Plan to Reintroduce 5% Excise Duty on Telecom Services
The Association of Telecommunications Companies of Nigeria (ATCON) has firmly rejected the Federal Government's proposal to reintroduce a 5% excise...
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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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