The Central Bank of Nigeria (CBN) has issued a report highlighting the insufficiency of local fish production to meet the country’s domestic consumption demands. This dilemma...
Last year, 21,887,738 individuals chose the waterways as their preferred mode of travel in Lagos State, representing a 55.2 percent increase compared to the 2021 figure...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has expressed its intent to withdraw all its members from both offices and field locations...
Italian energy giant Eni has unveiled its plan to sell its exploration and production subsidiary, Nigerian Agip Oil Co. (NAOC), to indigenous energy solutions provider, Oando...
Dangote Industries Limited (DIL) has made substantial contributions to the revenue of the Federal Government, remitting a total of N474 billion in taxes over the course...
The global diamond industry is witnessing a dramatic shift in the demand for rough diamonds, particularly impacting the popularity of one-carat and two-carat solitaire bridal rings...
Allen Onyema, the Chairman of Air Peace, laid bare the challenges faced by the airline industry in Nigeria. Among the revelations, Onyema disclosed that Air Peace...
The Nigeria Customs Service (NCS) has officially commenced the application of Value-Added Tax (VAT) on Automobile Gas Oil (AGO), commonly known as diesel, imported into the...
Flour Mills of Nigeria Plc, a prominent Foods and Agro Allied company, announced a notable 5.32 percent increase in its profit to N29.504 billion by the...
The Federal Ministry of Health has announced its unwavering commitment to doubling the tax on Sugar-Sweetened Beverages (SSBs). The current tax rate of 10 percent is...