Businesses in Nigeria are speeding up integration into the National Revenue Service (NRS) e-invoicing framework as compliance deadlines approach for large taxpayers, with medium taxpayers set to join later in 2026.

The Dangote Petroleum Refinery has shifted to dollar-denominated transactions, fixing the ex-depot price of petrol at $0.779 per litre and unveiling new benchmarks for diesel and aviation fuel.

The Nigerian electricity distribution companies (DisCos) have rejected a new directive from the Nigerian Electricity Regulatory Commission (NERC) requiring them to set up dedicated capital expenditure (CapEx) accounts, calling it an intrusion into the management of privately owned utilities.

Global oil prices surged past $80 per barrel on Monday after renewed confrontation between the United States and Iran raised fears over shipping through the Strait of Hormuz, a vital oil transit route.

Nigeria's healthcare sector received a major boost on Friday as Dangote Cement Plc commissioned a multimillion naira hospital in Obajana, Kogi State.

Nigeria and the United Arab Emirates (UAE) are seeking to expand trade and investment under their newly signed Comprehensive Economic Partnership Agreement (CEPA), officials confirmed after a meeting in Abuja.