Nigeria’s new tax regime does not tax bank balances, applying only limited stamp duty on transfers while expanding protections for low-income earners, officials say.
AA Rano is introducing Nigeria’s first automated fuel stations, enabling 24-hour self-service fueling and digital payments through locally developed technology.
Nigeria’s SEC says it will intensify market enforcement in 2026, using new legal powers to tackle abuse, improve transparency and strengthen investor confidence.
Nigerian equities opened the week on a strong note, with NGX market capitalisation surpassing N100 trillion amid broad buying and improved investor sentiment.
Aggressive fuel discounts by MRS Oil following Dangote refinery cuts are forcing NNPC and rivals to slash prices, intensifying competition across Nigeria’s petrol market.
Cosgrove Investment Limited founder Umar Abdullahi approved ₦4bn worth of company properties as gifts to staff, a rare employee reward that drew attention across Nigeria’s business community.
Nigeria’s fuel regulator says petrol supply increased in November despite lower than expected output from the Dangote Refinery, with imports accounting for most of the surge.