Nigeria faces the threat of widespread blackouts as gas suppliers cut deliveries to power plants over an outstanding N5.6 trillion debt owed to electricity generation […]
Category: Business
Business
FG Makes Tax ID Mandatory for Banking, Business Transactions from 2026
New Tax Administration Act requires all taxable persons, MDAs, and foreign suppliers to register The Federal Government has made it compulsory for all taxable Nigerians […]
US Pledges $32.5m to Feed Conflict-Hit Nigerians
The United States Government has donated $32.5 million to the World Food Programme (WFP) to boost food and nutrition support for communities affected by conflict […]
Oil Prices Climb on Russia-Ukraine Conflict Escalation, U.S. Data in Focus
Oil prices rose on Tuesday as concerns over supply disruptions mounted amid escalating tensions between Russia and Ukraine, while investors also weighed the impact of […]
Stocks Flat, Dollar Steadies as Gold Hits Record Highs Ahead of U.S. Data
Global markets were subdued on Tuesday, with stocks muted, the dollar steadying near five-week lows, and gold climbing to fresh record highs, as investors awaited […]
NNPC Declares N905bn Profit in June, Remits N6.96tn to FG in Five Months
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reported a profit after tax of N905 billion for the month of June 2025, alongside a […]
Dangote Refinery Slashes Petrol Depot Price to N820 as Crude Oil Dips
The Dangote Petroleum Refinery has reduced the depot price of Premium Motor Spirit (PMS), also known as petrol, to ₦820 per litre, down from ₦838 […]
At 92, Biya Faces Rising Defections and Uncertainty Ahead of Cameroon’s Presidential Election
As Cameroon heads into a pivotal presidential election in October, its 92-year-old leader, President Paul Biya, the world’s oldest head of state and Africa’s second-longest-serving […]
Top 10: Dangote Cement, FirstBank, Julius Berger Top List of Nigeria’s Largest Employers in 2024
Headline: Dangote Cement, FirstBank, Julius Berger Top List of Nigeria’s Largest Employers in 2024 Subhead: Top 10 listed firms employed 84,491 workers, spent over N1.69 […]
Fuel Prices Soar Amid Middle East Tensions, Depot Strikes—PENGASSAN Accuses Marketers of Exploiting Nigerians
Amid escalating tensions in the Middle East and growing unrest at home, Nigerians are bracing for a fresh wave of fuel price hikes, with Premium […]