News
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Nigeria opens 2025 licensing round December, targets gas assets
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the commencement of the 2025 Licensing Round, effective December 1, 2025.…
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Senate rejects NNPCL’s explanations on missing ₦210trn
The Senate, on Tuesday, through its Committee on Public Accounts, rejected the written explanations submitted by the management of the…
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Nigeria likely to review Capital Gains Tax, Edun says
There are talks to review the controversial Capital Gains Tax (CGT) ahead of its implementation next January, according to Wale…
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Nestlé Nigeria: 9‑Month 2025 – Turnaround Gains, Liquidity and Leverage Challenges
Nestlé Nigeria Plc just pulled off a stunning 9‑month turnaround in 2025: a ₦72.5 billion profit after tax up from a…
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ECCIMA Applauds FG’s “Nigeria First” Policy, says 15% Import Tax on PMS and Diesel Will Boost Jobs and Economic Growth
The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) has commended the Federal Government’s decision to impose a 15%…
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National Digital Economy Bill may cause regulatory overlap in ICT sector—ALTON
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has warned that the proposed National Digital Economy and E-Governance Bill,…
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Nigeria’s earnings from crude oil sales tumble by N824.66 billion in 2024
Nigeria’s gross profit from crude oil and gas sales fell by N824.66 billion in 2024, even as overall oil receipts…
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EFCC Declares Former Minister Timipre Sylva Wanted Over $14.8 Million Refinery Fraud
The Economic and Financial Crimes Commission (EFCC) announced on Monday that it has declared former Minister of State for Petroleum Resources Timipre Sylva…
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Dangote Fertiliser Limited Partners with German’s thyssenkrupp Uhde to License Four Urea Granulation Units in Nigeria
thyssenkrupp Uhde Fertilizer Technology (UFT), a subsidiary of thyssenkrupp Uhde, has entered into a strategic agreement with Dangote Fertiliser Limited…
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NAFDAC orders ban of sachet alcohol and bottles below 200ml from December 2025
The National Agency for Food and Drug Administration and Control (NAFDAC) has announced a ban on the production and sale…
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