Tax ID Controversy: Not Mandatory for Ordinary Nigerians to Open Bank Accounts - FG Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has dismissed claims that all Nigerians must obtain a Tax Identification Number (Tax ID)...

Refinery Probe: EFCC Grills Kyari Again, Seizes Passport   The immediate past Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL) Mele Kyari, on Thursday returned to the headquarters of the Economic and Financial Crimes Commission (EFCC) in...

NUPENG, Dangote Face Off as Tanker Drivers’ Deal Collapses   The fragile truce between the Nigerian Union of Petroleum and Natural Gas Workers and the $20bn Dangote Petroleum Refinery has collapsed, igniting a fierce industrial dispute that threatens fuel supply stability...

N5.6trn Debt Threatens Energy Supply as Gas Firms Cut Supply   Nigeria faces the threat of nationwide blackouts as gas companies reduce their supply to power plants due to an outstanding N5.6 trillion debt owed to power generation companies. The development has...

Telecom Users Rejoice as FG Drops Levy 5%   The Federal Government has abolished the five per cent excise duty previously imposed on telecommunications services, including voice calls and data usage, in a move expected to ease cost pressures on millions...

Investors Gain N190bn as NGX Closes on a Positive Note   The Nigerian Exchange Limited (NGX) closed on a positive note on Thursday as investors gained N190bn, buoyed by price appreciation in Guinness Nigeria Plc, C&I Leasing Plc, and LivingTrust Mortgage...