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...

World Models: The Next Big Shift in Artificial Intelligence By Fom Gyem Artificial intelligence systems like ChatGPT, Gemini and Claude have become household names. They write emails, answer questions and generate content at impressive speed. But despite the hype, these tools...

FG Launches Gold Refinery, Pushes $600m Lithium Project The Federal Government has announced the commencement of operations at a high-purity gold refining plant in Lagos, with three additional gold refineries at different stages of development across the country and a...

Fuel Wholesalers to Pay 0.5% Levy as FG Enforces New Rule The Federal Government has tightened regulatory pressure on fuel suppliers and their wholesale customers in the downstream petroleum sector with the enforcement of the 0.5 per cent levy on...

Federal Roads to Gulp N3.23tn in 2026 The Federal Government has proposed spending N3.23tn on the construction and rehabilitation of federal roads in the 2026 budget, marking a sharp increase in capital allocation to the transport sector as it intensifies...