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Why 7.5% VAT on diesel may disrupt fuel supply - NARTO

NARTO raises alarm over ‘monopolistic’ tendencies in petroleum

  • 15th February 2026
SERAP sues Wike, governors, over failure to account for N40tn LGA allocations

SERAP drags CBN to court alleged N3tn diversion

  • 15th February 2026
Dangote Refinery loses N32.5bn after petrol price cut

Dangote Refinery boosts Nigeria’s fuel supply to 40.1m

  • 14th February 2026

Nigeria procures 1.37m electricity meters from China via

  • 14th February 2026

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Southern govs commiserate with Kano over Singer market inferno

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Reps probe non-release of ₦174.26bn agric intervention funds

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Meta offered $100m bonuses to lure OpenAI staff, Altman alleges

100m Indians use ChatGPT weekly, says Sam Altman

Tech
Why 7.5% VAT on diesel may disrupt fuel supply - NARTO

NARTO raises alarm over ‘monopolistic’ tendencies in petroleum industry

Business

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Business

FG partners 100 countries to enforce remote workers’ tax compliance

Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has disclosed that Nigeria has signed agreements with over 100 countries to obtain data on remote workers as part of efforts to ensure proper tax compliance. Speaking at a webinar organised by the National Orientation Agency on Wednesday, themed “Simplifying Nigeria’s Tax […]

featured Oil and Gas

FG drops proposed 15% petrol import tariff — NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority announced on Thursday that it has abandoned plans to impose a 15 percent duty on imported petroleum products. This was disclosed in a statement by NMDPRA’s Director of Public Affairs, George Ene-Ita, who also urged the public to avoid panic buying. On October 29, President Bola Tinubu […]

Business

FG, firm sign deal for 8MW hydropower projects

The Federal Government, in partnership with Quaint Energy, has signed a concession agreement to develop two hydropower projects with a combined capacity of 8 megawatts in Oyo and Kogi States. The agreement, finalized on Wednesday in Abuja, covers the 6MW Ikere Gorge Hydropower Project in Oyo State and the 2MW Omi-Kampe Hydropower Project in Kogi […]

Business

FG condemns misuse of frontier exploration fund, vows probe

The Federal Government has condemned the diversion and misuse of Nigeria’s Frontier Exploration Fund, overseen by the Nigerian Upstream Petroleum Regulatory Commission, warning that those responsible will be held accountable. Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, made the remarks on Monday in Lagos at the 43rd Annual International Conference and Exhibition of […]

Business

FG plans NNPC asset restructure amid low oil output

The Presidency is set to restructure asset ownership in the Nigerian National Petroleum Company Limited over concerns about its low oil output. Presidential Adviser on Energy, Olu Verheijen, disclosed this on Monday at the Nigerian Association of Petroleum Explorationists Conference in Lagos. Verheijen unveiled a plan to revitalise Nigeria’s oil and gas industry, emphasising energy […]

News

FG plans massive enrolment for one million out-of-school children

The Federal Government has disclosed comprehensive plans to ensure that over one million out-of-school children across the country are successfully returned to the mainstream education system. The Minister of Education, Dr. Tunji Alausa, made this announcement at the ongoing 69th summit of the National Council of Education in Akure, which is operating under the theme, […]

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FG to unveil emergency passport for Nigerians abroad

The Nigeria Immigration Service has unveiled plans to introduce a Single Travel Emergency Passport to replace the current Emergency Travel Certificate for Nigerians abroad. Comptroller-General of Immigration, Kemi Nanna Nandap, stated that the new document is part of ongoing reforms aimed at strengthening identity management and border governance in line with global best practices. She […]

Business

FG may sell local refineries to combat Dangote refinery dominance

The Federal Government has signaled that it may privatize its state-owned refineries to attract investment, enhance competition, and improve efficiency in the downstream oil sector, which is currently dominated by the Dangote Refinery. The announcement came from President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, during an interview with Bloomberg TV anchor Joumanna Bercetche […]

Telcos to receive $1bn network equipment in July — Minister
Economy

FG to invest ₦12bn in digital economy research projects

The Federal Government on Tuesday said it would invest ₦12 billion to fund digital economy research projects to ensure the country benefits from digital transformation dividends. The Minister of Communications and Digital Economy, Dr. Bosun Tijani, said this at the opening ceremony of the 18th edition of the International Conference on Theory and Practices of […]

News

FG grants temporary access to Lagos-Calabar highway following Lekki accident

The Federal Government has authorized the temporary use of the Lagos-Calabar Coastal Highway in Lagos following a truck accident on Monday in the Chisco area of Lekki, which led to heavy traffic congestion. According to a statement from the Lagos State Ministry of Transportation, the Federal Ministry of Works approved the highway’s temporary opening to […]

Business

FG’s 15% import levy stems from regulatory lapses – Expert

Co-Founder and Chief Executive Officer of Dairy Hills, Kelvin Emmanuel, has attributed the 15 per cent import tax introduced by the Federal Government to regulatory lapses in enforcing the Petroleum Industry Act. Speaking on ARISE News on Monday, Emmanuel said the Tinubu administration’s decision aligns with international trade laws and adheres to global standards on […]

Business

FG, private sector launch engagement forum to boost economic ties

The Federal Government, through the Ministry of Finance, has hosted the inaugural edition of the Government-Private Sector Dialogue Series. Held on Saturday, November 1, at the Radisson Blu Hotel in Ikeja, Lagos, the event forms part of the government’s initiative to align national economic reforms with real-world business realities. Speaking on the theme “Finance and […]

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