Category: Business

Tax rumours, misinformation mostly circulated by those avoiding payment – NRS boss

The Chairman of the Nigeria Revenue Service, Zach Adedeji, has stated that those circulating rumours...

Dangote refinery loads 43m litres, denies shutdown claims

Officials of the Dangote Petroleum Refinery say the facility supplied 43.3 million litres of Premium...

N590bn power bond raises gas suppliers payment hopes

Savannah Energy says the Federal Government’s recent N590bn bond issuance to clear part of Nigeria’s...

US court dismisses copyright claim against Top Gun: Maverick

A United States federal appeals court ruled on Friday that Top Gun: Maverick, the 2022...

Private sector growth hit 13-month high in December 2025

Nigeria’s private sector closed 2025 solidly in expansion territory as increased festive season demand pushed...

SEC targets long-term capital to fix infrastructure gaps

The Securities and Exchange Commission has unveiled an ambitious agenda for 2026 focused on mobilising...

Transparent tax system crucial to grow businesses – LCCI

The Lagos Chamber of Commerce and Industry has emphasised that the effective and transparent implementation...

New tax regime sparks tension in Nigeria’s maritime sector

There is growing unease among freight forwarding practitioners in Nigeria’s maritime sector following the commencement...

FIRS rebrands as Nigeria Revenue Service ahead of 2026 tax reforms

The Federal Inland Revenue Service has unveiled a new name and corporate identity, rebranding as...

FG plans tax exemption cards for SMEs under new reforms

The Federal Government has disclosed plans to introduce tax exemption cards for small businesses and...

Elumelu’s Heirs Energies acquires major stake in Seplat Energy

Tony Elumelu’s Heirs Energies has acquired a 20 per cent stake in Seplat Energy in...

Afreximbank to launch pan-African gold bank

The African Export–Import Bank and the Central Bank of Egypt have entered into a Memorandum...