Nigeria: Top 10 Performing Sectors By VAT Contribution In Q1 2024
Value Added Tax (VAT) collection in Nigeria has continued to record significant improvement over the years.
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Victor Ezeja
Food Prices Remain Major Contributor To Nigeria’s High Inflation
As Nigeria's inflation rate continues to surge, high food prices has remained a major contributor to it.
NNPCL Seeks Judicial Support To Combat Crude Oil Theft, Pipeline Vandalism
The Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL), Mr. Mele Kyari, has called on the judiciary to play a crucial role in addressing the persistent issues of crude
Emmanuel Ochayi
Petrol Importation Cost Rise By 31.4% Amid Reduced Consumption In Nigeria
Nigeria’s spending on petrol importation has increased, despite a substantial drop in the country’s consumption rate. Reports from the Nigeria Bureau of Statistics (NBS) reveal that N2.63 trillion was spent on importing
Mixed Reaction As Dangote Refinery Postpones Petrol Supply To July 15
Dangote Refinery has announced that its plan to release Premium Motor Spirit (PMS) into the market this month, will no longer be possible, leading to diverse reactions from Nigerians. The President of
Disorganized Gas Sector In Nigeria
Nigeria has over 209.5 trillion cubic feet of natural gas reserves based on the estimates of 2022, the largest natural gas reserves in Africa, which accounts for 33% of total gas reserves
Abdulrazaq Hamzat
NNPCL Denies Inflating Fuel Subsidy Payments
The Nigerian National Petroleum Company Limited (NNPCL) has denied inflating fuel subsidy payments at any point in time.
Modular Refineries: How Local Refining May Crash Petrol Price To N300/litre
The price of Premium Motor Spirit (PMS), commonly known as petrol, could drop to about N300 per litre, with the commencement of large-scale production by the Dangote Petroleum Refinery and other local
Labour Rejects Nigerian Govt’s N62,000 Minimum Wage, Demand N250,000
Organised labour has rejected N62,000 offered by the Nigerian government and Organise Private Sector as minimum wage and instead, proposed N250,000.
Savannah Energy Expands Customer Base In Nigeria, Targets 1GW+ Of Renewable Energy Projects By Year End
Savannah Energy Plc, the British independent energy company, has announced its audited results for the year ended 31 December 2023, revealing an increased customer diversification in Nigeria.
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