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Manny Akpan | Business & Economy Editor

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Local and Foreign Companies Boost Nigeria’s Tax Revenue in Q2, Contributing Over N2 Trillion

ABUJA, Nigeria – The National Bureau of Statistics, NBS, reported a significant rise in corporate tax contributions in the second quarter (Q2) of 2024,...

The Digital Economy: Cryptocurrency, NFTs, and the Future of Finance in 2025

As we move further into the digital age, the financial sector is undergoing a dramatic transformation driven by the rise of cryptocurrencies, blockchain technology,...

UAE-Based Firm Calls on Nigeria’s Central Bank to Investigate Ecobank Over Alleged Extortion

LAGOS, Nigeria - A company based in the United Arab Emirates has called on the Central Bank of Nigeria (CBN) to investigate Ecobank Transnational...

Nigerian Students Endorse Dangote Refinery Amidst Allegations of Bribery by NNPCL

LAGOS, Nigeria — The National Association of Nigerian Students, NANS, has publicly declared its support for the Dangote Refinery and criticised Nigeria's oil regulators for...

Coca-Cola Indicted in Nigeria for Secretly Replacing Sugar with Dangerous Artificial Sweeteners

ABUJA, Nigeria — The Federal Competition and Consumer Protection Commission, FCCPC, has accused Coca-Cola Nigeria Limited and Nigerian Bottling Company Limited, NBC, of violating...

Dangote Refinery Raises Alarm on Stiff Opposition Amid Efforts to Lower Nigeria’s Fuel Prices

LAGOS, Nigeria — Local and international vested interests are allegedly working to thwart the progress of the newly established Dangote Oil Refinery and Petrochemicals,...

Boeing Accused of Hiding Dubious 737 Max Parts by Whistleblower

WASHINGTON DC, USA - In a damning Senate subcommittee investigation revealed Tuesday, June 18, 2024, a Boeing employee has accused the company of concealing...

Nigeria’s Central Bank Revokes Heritage Bank’s License

ABUJA, Nigeria — The Central Bank of Nigeria, CBN, has announced the immediate revocation of Heritage Bank Plc's operating license. This decisive action, authorised under...

National Grid Collapses as Electricity Workers Join Mininum Wage Strike

LAGOS, Nigeria — Nigeria has been plunged into a nationwide blackout after electricity workers shut down the national grid in compliance with a joint...

Tax Master: Tinubu Introduces Passenger Toll Fees at Federal Airports

ABUJA, NIGERIA — In a move that underscores the Nigerian government's new fiscal policies under President Bola Tinubu, the Federal Executive Council, FEC, has...

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