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Oil marketers, on Monday, claimed that the recent imposition of a 7.5 percent value-added tax on automotive petrol oil, also known as diesel, and the ongoing foreign exchange...
The Central Bank of Nigeria (CBN) says new measures will be taken to stabilize the naira against the dollar. Following a meeting with President Bola Tinubu...
Oil marketers, on Sunday, warned that if the dollar kept fluctuating between N910 and N950 on the black market, the price of Premium Motor Spirit, also...
The value added tax on diesel, commonly known as automotive petrol oil, should be suspended, according to Taiwo Oyedele, chairman of the presidential committee on tax...
The Presidential Committee on Fiscal Policy and Tax Reforms has officially begun operations under President Bola Tinubu. The ceremony was inaugurated on Tuesday in Abuja. A...
The Federal Government is planning to stop taxes on tomatoes and other raw food items, the Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, has...
Nigeria’s foreign reserves may have begun a gradual comeback after nearly three months of straight falls. The reserves concluded the weekend at $33.954 billion, up from...
According to power generation firms, Nigeria can create approximately 427,000 megawatts of electricity using solar energy. Nigeria now produces less than 5,000MW for a population of...
Lagos-London fares 49% higher than Accra-London, 162% higher than Cotonou-London. Nigeria Air project stalls, airfares skyrocket over foreign exchange shortage. In the last 15 months, Nigerians...
Nigerian Breweries (NB) Plc has announced an increase in the prices of some of its stock-keeping units (SKUs) to “mitigate the impact of rising input costs.”...
