FG Earns N612bn from VAT, E-Transfers, Stamp Duties In November
FAAC data shows VAT, electronic transfers, and stamp duties drive 45 percent of November revenues amid collection shortfalls.
FAAC data shows VAT, electronic transfers, and stamp duties drive 45 percent of November revenues amid collection shortfalls.
NNPC chief Bayo Ojulari says downstream competition may cause short-term pressure but will stabilise fuel supply and lower costs over time.
Air Peace chairman Allen Onyema warns new tax laws would drive massive fare hikes and force airlines out of business.
Short-term borrowing rises as the CBN mobilises N15.3 trillion from treasury bills amid lower yields and fiscal pressures.
Energy Expert Kelvin Emmanuel
says NNPC lacks economies of scale and will operate at a loss sustaining petrol price cuts.
Nigeria”s federal government has signed an MoU with Czech firm RSE Energy to provide low-cost power to special economic zones
The Ministry of Petroleum Resources has launched a digital system to automate workflows, cut delays and improve transparency.
Air Peace will transition all regional flights to daytime operations from February 2, 2026, enhancing connectivity and passenger convenience
NMDPRA data shows imports and Dangote output outpaced demand, lifting stock cover to over 16 days nationwide.
Dangote Refinery urges Nigerians to report MRS stations overcharging petrol, promoting transparency, affordability, and consumer protection nationwide.
Innocent Ohagwa says anti-avoidance provisions are fundamental, and revenue agencies must enforce tax laws even when companies resist.
Prof Akpan Ekpo says Nigeria’s 2026 budget risks failure as weak implementation, oil dependence and poor power supply persist.
The African Refiners and Distributors Association says Africa’s crude oil consumption will rise from 1.8 million barrels daily in 2024 to 4.5 million by 2050.
Oando’s acquisition of NAOC earned Africa’s Oil and Gas Deal of the Year at the 2025 IJGlobal Awards.
Heirs Energies has secured a $750 million financing deal with Afreximbank to boost its energy efficiency and production capacity.
Oil and gas consultant Kunle praises President Tinubu for removing regulators and restoring accountability in sector.
The GTCO Food and Drink Festival has generated billions for the economy and expanded opportunities for 213 SMEs across Nigeria.
FCCPC has warned road transport operators against arbitrary fare hikes during yuletide travel, citing rising consumer complaints nationwide.
World bank funding targets MSMEs nationwide, expanding affordable credit access for women led firms and agribusinesses through DBN led FINCLUDE project.
CBN mandates system upgrades, authentication thresholds and transparency measures to improve foreign card transactions for tourists and diasporans nationwide.
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