CBN Sells $574m to Boost FX Market Liquidity in August
The Central Bank of Nigeria (CBN) ramped up its dollar sales in August 2025, selling a total of $574 million in a bid to stabilise the foreign exchange (FX) market...
Nigerian Companies Set to Play Bigger Role in Oil Industry – NCDMB
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) Felix Ogbe, has urged leading Nigerian oil and gas service providers to channel their expertise into...
FG Plans N758bn Bond to Offset Pension Liabilities – PenCom
The Federal Government may issue a N758bn bond before the first week of October to clear outstanding pension liabilities, the National Pension Commission (PenCom) has disclosed.
Speaking at a press briefing...
DSS Summons Dangote, NUPENG Over Alleged Breach of Pact
The Department of State Services (DSS) has summoned the management of Dangote Refinery and Petrochemicals and the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, to an emergency meeting following...
Dangote Slashes Price, Begins Free Fuel Distribution Monday
The Dangote refinery will start the free fuel distribution scheme on Monday.
The Dangote Group spokesman, Anthony Chiejina, told our correspondent in a statement that the scheme would start with the South West,...
𝐓𝐡𝐞 𝐍𝐞𝐰 𝐓𝐚𝐱 𝐀𝐜𝐭𝐬 𝐚𝐧𝐝 𝐓𝐚𝐱 𝐈𝐃 – 𝐖𝐡𝐚𝐭 𝐘𝐨𝐮 𝐍𝐞𝐞𝐝 𝐭𝐨 𝐊𝐧𝐨𝐰
The Nigeria Tax Administration Act (NTAA) mandates the use of Tax Identification Numbers (Tax ID) for certain transactions. Understandably, many Nigerians have questions about what this means...
