FG appoints John Nwabueze as Nigeria’s tax ombudsman
The Federal Government (FG) has appointed John Nwabueze as the nation’s inaugural Tax Ombudsman. The appointment, made in accordance with…
Category: Economy
Latest Nigeria economy news and analysis on inflation, naira exchange rate, fuel prices, business trends, and government policies. Follow real-time updates on Nigeria’s economic growth, cost of living, trade, and financial markets
Otedola applauds Tinubu’s 15% fuel import tariff
Billionaire Femi Otedola has commended President Bola Tinubu for his bold and decisive step in implementing a 15% import tariff…
Oyedele debunks claims of foreign investor ‘frustration’ over new capital gains tax
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has labeled recent media reports suggesting that…
Court judgments in Lagos, Enugu reaffirm consumer rights under FCCPA – FCCPC
The Federal Competition and Consumer Protection Commission (FCCPC) has hailed two recent High Court rulings in Lagos and Enugu states…
CBN releases $1.26bn for fuel imports despite Dangote Refinery output
The Central Bank of Nigeria (CBN) has released a total of $1.259 billion to oil sector players for the importation…
Dangote refinery to double capacity, assures fuel stability for festive season
The President of Dangote Industries Limited, Aliko Dangote, has announced a massive expansion of the Dangote Petroleum Refinery, vowing to…
Mining Conference: Alake woos global investors with $1.3bn lithium success, new reforms
The Minister of Solid Minerals Development, Dele Alake, has urged international investors to significantly increase their stakes in the nation’s…
Dangote eyes world’s largest refinery, output to hit 1.4 million Bpd
The Dangote Refinery has announced a major expansion plan that will see its production capacity increase from 650,000 barrels per…
Nigeria removed from global money laundering watchdog’s grey list
The Financial Action Task Force (FATF), a global money-laundering watchdog based in France, has officially removed Nigeria, South Africa, Mozambique,…
Guinness Nigeria appoints Abimbola Ajibola-Jimoh as company secretary
Guinness Nigeria Plc has announced the appointment of Ms. Abimbola Ajibola-Jimoh as its new Company Secretary, effective November 1, 2025.…