Industry & Money
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536Telcos, Subscribers Reject 5% Excise Duty
Nigeria’s telecommunications sector has again strongly rejected the Federal Government’s attempt to reintroduce a 5 per cent excise duty on telecommunications services....
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131Nigeria’s Fertiliser Usage Recovers to Reach 1.64m Tonnes
Fertiliser statistics provider, AfricaFertiliser, has stated that the country’s official fertiliser consumption reached 1,642, 476 metric tonnes last year. The country’s official...
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95Private Power Generation now Costs ₦750/kWh –Minister
The Minister of Power, Adebayo Adelabu, has said that private entities will need up to N750 to generate one kilowatt-hour of electricity...
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179FG Plans 5% Tax on Telecoms Services, Others
The Federal Government has proposed a five per cent excise duty on telecommunications services, gaming, and betting activities as part of a...
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128Nigeria Plans ₦1.1b Private Sector Funding in Power Sector
The Federal Government has disclosed plans to crystallise N1.1bn private sector funding for the power sector. The Managing Director of Rural Electrification...
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184Nigeria Loses 855,629 MT of Food to 2024 Floods –Report
The Food and Agriculture Organisation of the United Nations (FAO) has estimated a loss of 855,629 metric tonnes of food to the...
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190Oil Steadies, But on Track for Biggest Weekly Loss in Over a Month
Crude oil futures steadied on Friday after strong U.S. retail sales data, but Chinese economic indicators remained mixed and prices were headed...
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229Govt not Introducing New Taxes –FIRS
Chairman of the Federal Inland Revenue Service (FIRS), Zack Adedeji, said yesterday that the tax reform bills recently presented to the National...
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Telecom Sector Attracts $304m FDI In H1
The Nigerian telecom sector has experienced a notable surge in Foreign Direct Investments (FDI), drawing $304 million in the first half of...
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187Govt Unveils New Regulations for Petrol Import Licence
The Federal Government through the Nigerian Midstream and Downstream Petroleum Regulatory Authority has unveiled new regulations to simplify the process for petrol...
