Headline Inflation Eases to 15.15% in December 2025 – NBS  Nigeria closed 2025 with headline inflation easing to 15.15% in December, a sharp moderation from the 34.80% recorded in the corresponding period of 2024, according to data released by the...

NRS Debunks Claims of New VAT on Banking Charges The Nigeria Revenue Service (NRS) has dismissed reports suggesting that Value Added Tax (VAT) was newly introduced on banking services, fees, and electronic money transfers under the Nigeria Tax Act. In a...

NGX Rallies ₦598bn on Strong Bullish Sentiment The Nigerian Exchange Limited recorded a strong trading session on Wednesday as investor optimism returned to the equities market, pushing total market capitalisation up by N598bn to close at N106.78tn. The increase reflects a...

Dangote Refinery Commences 24-Hour Petrol Loading The Dangote Petroleum Refinery has commenced night-time loading operations as it intensifies efforts to sustain a daily supply of more than 50 million litres of Premium Motor Spirit (petrol) across Nigeria, signalling a major...

FG Ends Signature Bonus Refunds Under Ongoing Oil Sector Reforms The Federal Government has warned prospective investors in the 2025 oil licensing round that any errors, miscalculations, or disappointments arising from the bidding process will be borne entirely by the...

FG Targets Revenue Expansion, Tax Compliance as 7.5% VAT Takes Effect on Mobile Transfers, USSD The Federal Government has announced the implementation of a 7.5 per cent Value Added Tax (VAT) on selected electronic banking services, citing the need to...