The Nigeria Revenue Service (NRS), in partnership with the Joint Revenue Board (JRB), has launched a unified Taxpayer Identification (Tax ID) system for all taxable persons in Nigeria.
The Dangote Petroleum Refinery has announced a reduction in the price of aviation fuel (Jet A1) from ₦1,750 to ₦1,650 per litre, offering relief to Nigerian airlines struggling with rising costs.
Food inflation in Nigeria surged above 20% in 11 states in April 2026, according to the National Bureau of Statistics (NBS), marking renewed pressure on household purchasing power.
Nigeria’s flagship crude grade, Bonny Light, is trading at about $117 per barrel, edging closer to $120, as the U.S.–Iran conflict continues to disrupt global oil markets.
The Federal Government has described the Office of the Tax Ombud as a critical bridge between taxpayers and revenue authorities, aimed at strengthening transparency, fairness, and public trust in Nigeria’s tax administration system.
Under the leadership of Olayemi Cardoso, the Central Bank of Nigeria (CBN) has increasingly demonstrated how employee relations can serve as a strategic public relations tool.
