Oil Production Rises 9%, Hits 1.7mbpd in 2024 - FG The Federal Government says Nigeria’s oil production, including condensates, jumped by 9.9 per cent to 1.69 million barrels per day in November 2024, up from 1.538mbpd recorded in October 2024 According to the latest data released...

NGX Sustains Gain of N184bn in One Week The Nigerian Stock Exchange closed with a market capitalisation of N59.7tn on Wednesday, reflecting a gain of N184bn in total market value. In terms of market indices, the All-Share Index gained 0.31 per cent, closing at 98,509.68 points....

Tax Reform: Nigerians pay N1.5trn Despite N15trn Generated Income - Oyedele The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms in Nigeria, Dr. Taiwo Oyedele, has said that personal income tax revenue amounted to just N1.5trn, despite declared incomes totalling N15trn by...

Dangote Refinery Begins Export of PMS to Cameroon Dangote Refinery has commenced export of premium motor spirit (PMS) otherwise known as petroleum to Cameroon. This was achieved with collaboration with Neptune Oil, a leading energy company in Cameroon, resulting in the first-ever export of PMS from...

FG Projects New Flight Data Centre to Boost Safety in Aviation The Nigerian Civil Aviation Authority (NCAA) yesterday in Abuja commissioned its flight data centre targeted at boosting safety in the aviation sector. Speaking at the event, the acting Director General of the NCAA, Capt. Chris...

FG Eyes N230bn Revenue from Digital Tax in 2025 - Report The 2025 – 2027 Medium Term Fiscal Framework and Fiscal Strategy report has revealed that the federal government’s expanded digital tax net is projected to generate N230 billion in revenue by 2025, marking a...