Federal Inland Revenue Service (FIRS) chairman, Zacch Adedeji, has called on state governments to prepare for imminent tax reforms. Speaking at the 155th Meeting of […]
Category: Business
Business
Government Denies Importation of Dirty Fuel, Affirms Regulatory Measures
The Federal Government of Nigeria has refuted claims of importing dirty fuel into the country, following recent allegations by an official from Dangote Petroleum Refinery. […]
Adamawa State NDLEA Confiscates 4.7 Tons of Drugs and Arrests 454 Suspected Dealers
The Adamawa State Command of the National Drug Law Enforcement Agency (NDLEA) has announced significant progress in its fight against drug trafficking. From June 2023 […]
Cholera Claims Life of 62-Year-Old Woman in Ogun State
A cholera outbreak has resulted in the death of a 62-year-old woman and the hospitalization of five others in Ijebu-Igbo, Ijebu-North Local Government Area of […]
Nigeria Customs Revenue Soars by 74%, Reaches N4.49 Trillion in One Year
The Nigeria Customs Service (NCS) has reported a 74% increase in revenue collection, reaching N4.49 trillion between June 2023 and May 2024, compared to N2.58 […]
NUPRC Extends 2024 Oil Block Licensing Bid Round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has extended the 2024 oil block licensing bid round registration by 10 days, according to a statement by […]
GTBank Takes Legal Action Against 60 Bank Executives Over N17bn Loan Dispute
Guaranty Trust Bank (GTBank) has initiated legal proceedings against 60 top executives from 13 commercial banks, including chairmen, CEOs, directors, and company secretaries. The move […]
Nigeria Seeks $500M World Bank Loan to Boost Rural Roads and Agriculture
The Federal Government is seeking a $500 million loan from the World Bank to improve rural road infrastructure and agricultural marketing across Nigeria. This initiative […]
Aliko Dangote Expands Refinery Storage, Faces Challenges from International Oil Companies
Alhaji Aliko Dangote, President of the Dangote Group, has announced an expansion of the storage capacity at his refinery by 600 million litres. This expansion […]
NSCDC Busts Illegal Oil Refinery in Rivers State Cemeteries, Vows Relentless Fight Against Economic Saboteurs
The Nigeria Security and Civil Defence Corps (NSCDC) Rivers State Command has disrupted a major illegal crude oil refining operation at cemeteries in the Abalama […]