Reps Panel Vows to End Oil Revenue Leakages
House of Representatives committee pledges to halt massive revenue losses in Nigeria's oil and non-oil export sectors, aiming to recover billions lost annually through systemic leakages.
House of Representatives committee pledges to halt massive revenue losses in Nigeria's oil and non-oil export sectors, aiming to recover billions lost annually through systemic leakages.
International Trade Centre reveals Nigeria's $3.9 billion untapped export opportunities in cocoa, cashew, coffee. Discover how Nigeria can boost forex earnings.
PBAN laments Nigeria's heavy reliance on wheat imports, revealing 4.8M tonnes are imported yearly. Insecurity and high costs have forced 40% of bakeries to close. Read more.
Former Abia finance commissioner Obinna Oriaku demands transparency from Governor Alex Otti over N30bn monthly allocations. Read the full financial controversy.
Ebonyi State received the lowest FAAC allocation of ₦112.19B between January-August 2025, highlighting Nigeria's revenue imbalance. Discover the states that got the most and least.
Dangote Petroleum Refinery clarifies it initiated recent pump price reductions, not government tariff reversals. Learn how their November 6 price cuts impacted market dynamics across Nigeria.
The CPPE warns that suspending the 15% import duty on fuel and diesel jeopardizes Nigeria's domestic refineries and energy security. Learn why this policy reversal risks billions in investments.
ASUU's Bauchi zone refutes Federal Government's paucity of funds claim, revealing 70% revenue increase. Union demands urgent action to avert university crises. Read full details.
FIRS Chairman Dr. Zacch Adedeji declares revenue diversification a national imperative, calling for broad-based, tech-enabled tax system. Read his vision for economic resilience.
Muslim Rights Concern and other groups criticize FG's suspension of 15% fuel import tariff, calling it harmful to Nigeria's economic growth and local refining capacity. Demand immediate policy reversal.
PAACA commends Nigerian government for suspending 15% fuel import tariff, calling it evidence-based advocacy success. Learn how civic engagement influenced policy reversal.
NMDPRA guarantees sufficient petroleum products during festive season, advises against panic buying as depots announce new prices. Stay informed on Nigeria's energy security.
Nigerian Senate demands NNPCL refund N210 trillion in unaccounted funds after CEO snubs hearing. Auditor-General's report reveals massive financial discrepancies from 2017-2023 operations.
EU states agree to remove duty exemption on small parcels from China to combat unfair competition. New €2 handling fee and earlier 2026 implementation planned.
The Nigerian government has suspended the controversial 15% import duty on petrol and diesel. Experts predict this decision will lead to a significant drop in fuel prices across Nigeria. Read more for full analysis.
Federal government suspends 15% import duty on petrol and diesel through NMDPRA. Move aims to prevent price hikes and ensure adequate supply during peak demand period.
The Nigerian Ports Authority expresses deep concern as local importers and exporters fail to maximize Africa's deepest seaport, raising questions about economic priorities.
Nigeria Ports Authority exposes shocking underutilization of Lekki Deep Sea Port as local businesses fail to leverage Africa's deepest port facility, missing massive trade opportunities.
In a dramatic turnaround, Dangote Refinery has withdrawn its lawsuit challenging the NMDPRA's issuance of import licenses to competitors. Discover how this decision could reshape Nigeria's energy landscape and fuel pricing.
Nigeria receives special invitation to China International Import Expo as bilateral trade relations strengthen between Africa's largest economy and Asian giant.
Nigerian businesses are positioning for significant economic recovery through strengthened trade partnerships with China at the Shanghai Import Expo, signaling new hope for commerce.
Discover the surprising business models and revenue streams that power Africa's largest film industry beyond just cinema tickets and streaming deals.
Discover how African nations are positioning themselves as emerging leaders in artificial intelligence, developing innovative AI solutions tailored to local challenges with global export potential.
Shocking Senate probe exposes how Nigeria lost over $300 billion in crude oil revenues from Niger Delta region due to massive theft and pipeline vandalism over 10 years, threatening national economy.
Federal High Court dismisses Aliko Dangote's massive lawsuit against NNPC Limited and regulatory authorities in major oil industry legal battle over import permit denial.
American Supreme Court justices express serious doubts about Trump-era tariff legality, raising concerns about global trade implications and potential impacts on Nigerian importers and consumers.
Federal Government appoints Dr. Nwabueze as Tax Ombudsman to resolve taxpayer grievances and improve tax administration in Nigeria.
Toyota Motor Corporation significantly increases its full-year profit projections amid weak yen and strong sales, but Nigerian consumers may bear the brunt through increased tariffs.
Transnational Corporation of Nigeria (Transcorp) has announced impressive financial results, recording a massive 39% revenue growth to N123 billion in the first nine months of 2023, signaling strong recovery and strategic success.
President Bola Tinubu appoints Dr. Oluwatoyin Madein as new FIRS chairman in major tax administration overhaul to boost revenue generation.