FG Opens 2026 MSME Awards, N1bn for 100 Winners

The Federal Government has launched applications for the Eighth MSME Awards, offering over N1 billion in grants to 100 outstanding small businesses. The initiative aims to boost entrepreneurship, drive economic growth, and foster innovation across key sec

Tax Filing Errors in Nigeria: Penalties Explained

Learn about widespread tax filing errors in Nigeria, including missed deadlines and incorrect computations, and the financial penalties they attract. Experts advise early filing and professional guidance.

Asia Increases Crude Imports from Nigeria and Angola

Crude oil shipments from Nigeria and Angola to Asia are projected to rise by 200,000 barrels per day in March, reaching 3.72 million bpd, as Middle East tensions disrupt supply and drive prices to record highs.

Lagos Extends Tax Filing Deadline to April 14

The Lagos State Internal Revenue Service has moved the individual income tax filing deadline from March 31 to April 14, 2026, providing residents with additional time to submit their annual returns accurately through the mandatory electronic system.

Dangote Refinery May Export Fuel Amid Crude Shortage

The Dangote Petroleum Refinery has stated it will continue supplying fuel locally but warns it may export products if forced to import crude oil. The facility faces strong demand for diesel and aviation fuel amid global supply disruptions.

Oyo Faults Adelabu's Power Project Claims

Oyo State Government disputes Minister Adelabu's allegations about failed power projects, clarifying the 11MW IPP was operational and detailing progress on a new 12MW gas project.

Global Energy Emergency: Nations Enact Fuel Rationing

Countries worldwide declare energy emergencies as Strait of Hormuz disruption causes fuel price surges. From UK to Australia, governments implement radical measures including fuel rationing, free public transport, and work-from-home mandates.

FG Eyes $1tn Economy with IsDB Energy, Trade Reforms

The Federal Government intensifies collaboration with the Islamic Development Bank to mobilize investments in infrastructure, energy, and trade reforms, aiming to grow Nigeria's economy to $1 trillion by 2030.

Teen Caught Sneaking Under Plane at Lagos Airport

A 14-year-old boy was apprehended at Murtala Muhammed International Airport after attempting to access a restricted tarmac area. Police have placed him in protective custody and are following juvenile justice protocols.

FG Pays ₦688bn to 9.2m Households in Cash Transfers

The Federal Government has disbursed ₦688 billion to 9.2 million households through the HOPE-CT Programme over two years, with women comprising 58.7% of beneficiaries. The World Bank-funded initiative aims to support 15 million vulnerable Nigerians.

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