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FG Launches N10m Tax Reform Challenge for Nigerian Students

The Federal Government has launched the Tax Reform Challenge targeted at Nigerian students.

FG Approves 15% Import Duty on Petrol, Diesel

President Bola Ahmed Tinubu has approved a 15 percent import duty on Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (AGO), also called diesel, in a new directive expected to impact retail fuel prices nationwide.

FG to Launch Targeted Electricity Subsidy

The Federal government has stated that a targeted electricity subsidy is being developed to protect vulnerable households while ensuring the long-term commercial viability of the industry.

Industrial Disputes Drag Production Down by 0.3 Point in Q3 – MAN

The Manufacturers Association of Nigeria (MAN) says the current production condition declined marginally by 0.3 point in the third quarter.

Money Laundering Amendment Bill Scales Second Reading

The House of Representatives on Wednesday passed for second reading a bill seeking to amend the Money Laundering (Prevention and Prohibition) Act, 2022, to strengthen Nigeria’s anti-corruption framework and enhance asset recovery efforts.

FG, Firm sign $400m Deal to Boost Steel Production

The Federal Government on Wednesday announced the signing of a $400 million cooperation agreement with Stellar Steel Company Limited, a Chinese-backed firm, to establish a major steel plant in Ewekoro, Ogun State.