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US recognises Nigerian-American fintech entrepreneur George Azih

  • 21st August 2026

Geregu Power confirms payment of N40bn bond coupon,

  • 21st August 2026

Femi Otedola’s net worth nears $2bn

  • 21st August 2026

NNPC raises alarm over Nigeria’s growing energy skills

  • 21st August 2026

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US recognises Nigerian-American fintech entrepreneur George Azih

Business

Massive gridlock leaves commuters stranded overnight on Benin-Agbor Road

Transportation

OpenAI expands ChatGPT to Apple messages, raising privacy concerns

Tech

Canada to admit 230,000 foreign workers through 2026 programmes

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Cut corporate tax to 7.5%, NACCIMA urges Tinubu
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Cut corporate tax to 7.5%, NACCIMA urges Tinubu

The National Association of Chambers of Commerce, Industry, Mines, and Agriculture has called on President Bola Tinubu’s administration to take decisive steps toward comprehensive tax reform, recommending a reduction in corporate tax rates to 19% and capping Value Added Tax at 7.5%. In a statement signed by NACCIMA’s National President, Dele Kelvin Oye, the association […]

Oil production increases to 1.35m barrels/day
News

Saudis raise February crude prices as OPEC+ delays production

Saudi Arabia raised oil prices for Asian buyers next month, signaling potential tighter supply in its largest market after OPEC+ delayed plans to increase production. State oil producer Saudi Aramco set the price for its Arab Light crude grade at a $1.50 per barrel premium to the regional benchmark for February, according to a price […]

News

Alcohol stocks fall in Asia after US cancer warning

Shares of Asian liquor and beer companies dropped after the US Surgeon General highlighted a direct link between alcohol consumption and increased cancer risk, calling for warning labels. Sapporo Holdings Ltd. saw a 5.1% drop in Tokyo, its biggest decline in five months, according to Bloomberg. China’s Wuliangye Yibin Co. fell 3.7%, Budweiser Brewing Company […]

News

Retailers to start loading from P’Harcourt refinery this week – PETROAN

Marketers and retailers of petroleum products are set to start lifting Premium Motor Spirit from the Port Harcourt Refining Company this week, barring any last-minute changes. This was revealed by the Publicity Secretary of the Petroleum Products Retail Outlet Owners Association of Nigeria, Joseph Obele, in an exclusive interview, according to The Punch. Obele explained […]

News

BUA refinery not 90% complete – Management

BUA Refinery and Petrochemicals has addressed a misleading report, clarifying that its refinery project in Akwa Ibom is not 90% complete as claimed. The company urged the public to disregard the inaccurate information, confirming that construction is advancing steadily and the project remains on track to meet its scheduled completion. BUA Refinery and Petrochemicals made […]

News

FG can keep current VAT formula 100% – Oyedele

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has suggested that the current Value Added Tax structure might remain unchanged due to the controversies it has generated. Oyedele disclosed this on Sunday during an interview on Arise TV while discussing the tax reforms proposed by President Bola Tinubu. In […]

FG allocates N100bn for school feeding program in 2025 budget
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FG allocates N100bn for school feeding program in 2025 budget

The Nigerian government has earmarked N100 billion for the continuation of the National Home Grown School Feeding Programme in the 2025 Appropriation Bill. This funding is aimed at providing nutritious meals to public primary school students nationwide, as part of the government’s broader efforts to improve both education and health outcomes for children, while simultaneously […]

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PETROAN urges FG to privatize Warri, Kaduna refineries

The Petroleum Products Retail Outlets Owners Association of Nigeria has called on the federal government to privatize the Warri and Kaduna refineries. PETROAN believes that privatization would help foster competition in the oil and gas sector, potentially improving efficiency, productivity, and the overall supply of petroleum products in Nigeria. In a statement on Saturday, PETROAN […]

News

Corporate Tax, VAT drive federation account to N6.86tn – CBN

Receipts into the federation account increased by 7.48% to N6.86 trillion in the third quarter of 2024, according to the latest Economic Report from the Central Bank of Nigeria. The report highlights that the increase in gross federation account earnings was fueled by higher receipts from corporate tax and value-added tax. The Federal Inland Revenue […]

News

NCAA targets more airlines for consumer protection breaches

The Nigerian Civil Aviation Authority has announced plans to impose sanctions on more airlines for violating consumer protection regulations This follows recent actions taken against carriers for unresolved complaints and regulatory violations, signaling a stricter enforcement of passenger rights and industry regulations. The Director of Public Affairs and Consumer Protection at the NCAA, Michael Achimugu, […]

TikTok removes more Universal Music songs as conflict worsens
Tech

TikTok thrives in digital ads, second to Meta, despite divestment deadline

TikTok remains a dominant force in digital advertising, ranking just behind Meta’s Facebook and Instagram in traffic, according to MikMak. Despite TikTok’s parent company, ByteDance, faces a looming U.S. divestment deadline to avert a potential ban. MikMak’s CEO, Rachel Tipograph emphasized TikTok’s remarkable 200% year-over-year growth in traffic, attributing its success to its ability to […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
News

1,000 CBN staff left voluntarily – Cardoso

The governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that the 1,000 staff members who left the bank did so voluntarily. He made this remark on Friday during the resumed House of Representatives investigative hearing on the disengagement of these workers by the CBN. The CBN on December 4, clarified that its […]

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