Aliko Dangote has offered to build a refinery in Tanzania matching his 650,000-barrel-per-day Lagos plant, with Kenya and Uganda already in talks on the project.
The IMF has revised Nigeria's 2024 economic growth forecast to 2.9 percent, citing disruptions in agriculture and oil production caused by flooding and insecurity.
The Nigerian government has proposed a 12.5% telecom tax, adding to the existing 7.5% VAT on telecom services, raising concerns about higher call and data costs.
Dangote Refinery has filed a lawsuit seeking to nullify NNPCL's import licenses and is demanding N100 billion in damages, claiming the licenses undermine local production.
Nigeria’s rising debt and looming cash shortage paint a troubling picture for its economic future. As global pressures increase, what can be done to avert a fiscal crisis?
DSS replaces Tinubu’s chief security officer, Adegboyega Fasasi, with Rasheed Lawal. Fasasi steps down for professional training, Lawal takes over the key role
The National Assembly has proposed reintroducing a 5% excise duty on telecom, betting, and gaming services under the Nigeria Tax Bill 2024, aiming to boost government revenue.
CBN Governor Olayemi Cardoso stresses the need for more skilled finance graduates to drive Nigeria’s economic growth, calling for enhanced collaboration with academic institutions.
Aliko Dangote has offered to build a refinery in Tanzania matching his 650,000-barrel-per-day Lagos plant, with Kenya and Uganda already in talks on the project.
Senate President Godswill Akpabio has rallied the upper chamber behind Tinubu's $516 million superhighway loan, ordering a committee to conclude its review in one week.