NIS Scales Up Daily passport Production to 5,000 from 300   The Nigeria Immigration Service (NIS) has boosted its daily passport production capacity from about 300 to 5,000, following the launch of a new Centralised Passport Personalisation Centre in Abuja. The Minister of Interior, Dr Olubunmi Tunji-Ojo,...

Nigeria’s Crude Output Falls Short of OPEC Quota Despite January Gain Nigeria’s crude oil production fell again in August, reversing gains that had pushed the country above its OPEC quota for two consecutive months. This was against the backdrop of basking in the euphoria of an...

Telecom Users Rejoice as FG Drops Levy 5%   The Federal Government has abolished the five per cent excise duty previously imposed on telecommunications services, including voice calls and data usage, in a move expected to ease cost pressures on millions of Nigerians. The National Orientation Agency...

Crude Oil Theft Plunges to Lowest Level in Over a Decade   Nigeria has achieved a significant breakthrough in curbing crude oil theft and losses, with figures from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showing a 50.2 per cent reduction in losses during the first...

2025 Budget Execution Set to Begins in September – FG   The Federal Government has announced that the implementation of the 2025 national budget will begin by the end of September, as execution of the 2024 fiscal plan winds down. This was disclosed by the Director-General of...

FG Rakes in N600bn VAT from Facebook, Others The Special Adviser on Tax Policy to the Chairman of the Tax Reforms Committee, Mr Mathew Osanekwu, has revealed that Nigeria has successfully collected over N600bn in Value Added Tax from global digital service providers such as...