FG Denies Nigeria's Exclusion from World Bank's Electricity Reforms   The Federal Government has reaffirmed its commitment to the World Bank and African Development Bank’s Mission 300 initiative, saying it was among the first countries to sign on earlier this year,...

Marketers Fault Dangote’s 500,000-Litre Fuel Delivery Threshold   The Dangote Petroleum Refinery has introduced a minimum purchase requirement of 500,000 litres of petrol for oil marketers wishing to benefit from its free delivery scheme, sparking debates across Nigeria’s downstream petroleum sector. The...

Electricity Workers Call Off Strike Following Govt Negotiations   Electricity workers under the aegis of the National Union of Electricity Employees (NUEE) have suspended their nationwide strike after the Federal Government intervened in the dispute between the Transmission Company of Nigeria...

Nigerian Banks Pay Out N135bn Dividends Amid Economic Challenges   Four of Nigeria’s leading financial institutions—United Bank for Africa, Zenith Bank, Guaranty Trust Holding Company, and Stanbic IBTC Holdings—have rewarded their shareholders with interim dividends amounting to about N135.49bn for the...

Concerns Lingers as Multiple Taxation After Reforms   Stakeholders have expressed fears that the issue of multiple taxation may not be over despite the 2025 Tax Reform Law, emphasizing the need for effective implementation when it comes into force in 2026. It...

Investors Record N144bn Gain as Market Cap Rebounds to N90trn   The Nigerian Exchange Limited (NGX) on Thursday reclaimed N90 trillion in market capitalisation as investors gained about N144 billion. The equity market closed in positive territory, extending its bullish momentum from...