Business

Consumption, transaction taxes drive Nigeria’s Nov. 2025 revenue, but targets missed

Consumption, transaction taxes drive Nigeria’s Nov. 2025 revenue, but targets missed

Nigeria’s tax system in November 2025 remained heavily reliant on consumption- and transaction-based revenues, with Value Added Tax (VAT), Electronic…
NNPC boss assures Nigerians of long-term gains amid downstream reforms

NNPC boss assures Nigerians of long-term gains amid downstream reforms

The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC Ltd.), Bayo Ojulari, has reassured Nigerians that ongoing…
Onyema rejects fare fixing claims, says airlines unfairly targeted

Onyema rejects fare fixing claims, says airlines unfairly targeted

The Chairman and Chief Executive Officer of Air Peace, Mr. Allen Onyema, has dismissed allegations that Nigerian airlines engage in…
Niger Delta youth council vows partnership with PINL to protect oil infrastructure

Niger Delta youth council vows partnership with PINL to protect oil infrastructure

The leadership of the Niger Delta Youth Council Worldwide (NDYC-W) has pledged to work closely with Pipeline Infrastructure Nigeria Limited…
Oando Plc wins Africa’s oil & gas deal of the year

Oando Plc wins Africa’s oil & gas deal of the year

Oando Plc has been named the recipient of the Oil and Gas Deal of the Year, Africa, at the 2025…
Oil importation racket collapsing, says Kunle, as Tinubu overhauls petroleum regulators

Oil importation racket collapsing, says Kunle, as Tinubu overhauls petroleum regulators

Oil and gas consultant, Mr. Dan Kunle, has described the recent removal of senior petroleum sector regulators as a decisive…
PENGASSAN warns against full sale of government-owned refineries

PENGASSAN warns against full sale of government-owned refineries

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has reiterated its opposition to the Federal Government’s plan…
CBN mandates multi-factor authentication for foreign card transactions

CBN mandates multi-factor authentication for foreign card transactions

The Central Bank of Nigeria (CBN) has directed all deposit money banks and other financial institutions to enforce multi-factor authentication…
Recapitalisation drive gains momentum as 16 banks clear capital bar ahead of deadline

Recapitalisation drive gains momentum as 16 banks clear capital bar ahead of deadline

With just about 100 days left to the March 31, 2026 recapitalisation deadline set by the Central Bank of Nigeria…
United Nigeria Airlines expands flight schedule to beat yuletide rush

United Nigeria Airlines expands flight schedule to beat yuletide rush

United Nigeria Airlines (UNA) on Friday, said it has increased its domestic flight frequencies on major routes, following more travel…
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