Explained: Nigeria’s 70% windfall tax and its economic necessity

A few months ago, the Nigerian government introduced plans to implement a 50% windfall tax targeting…

NNPC debunks claim of being sole off-taker from Dangote refinery, says refinery can sell to marketers 

The Nigerian National Petroleum Company Limited (NNPC) has dismissed claims by the Muslim Rights Concern (MURIC)…

Poor execution of reforms in Nigeria worsens cost-of-living crisis, says Agusto & Co 

Leading rating agency Agusto & Co has highlighted the detrimental impact of Nigeria’s hasty economic reforms…

Union Bank appeals N112 million Ikoyi property sale verdict, family demands N2 billion in 25 years court case  

Union Bank Plc and a family have not come to terms regarding a judgment of a…

Dana Air’s new partner, NG Eagle to resolve ticket refunds and flight issues 

The Nigeria Civil Aviation Authority (NCAA) has announced that NG Eagle, Dana Air’s new partner, will…

NASD PLC’s struggles persist as VFD Group calls for strategic overhaul ahed of 11th AGM 

As NASD PLC prepares for its 11th Annual General Meeting (AGM), critical stakeholders, including VFD Group…

Coscharis Technologies signs agreement to sell Vertiv IT channel portfolio in Nigeria and Ghana  

Vertiv, a global provider of critical digital infrastructure and continuity solutions, has announced the appointment of…

U.S. provides over $6.5 million to support flood relief efforts in Nigeria 

The United States, through the U.S. Agency for International Development (USAID), has committed over $6.5 million…

Professor-sponsored scholarships introduce new opportunities for international students 

Professor-sponsored scholarships are emerging as a notable alternative to traditional university or government scholarships. These scholarships…

EFCC to NPC: Criminals, financial crimes suspects have received awards in the past in Nigeria 

The Economic and Financial Crimes Commission (EFCC) has cautioned the National Productivity Centre (NPC) against giving…