Economy
States to share ₦5.07trn VAT revenue under new tax formula
The 36 states of the federation are set to receive an estimated N5.07 trillion as their share of Value Added Tax in 2026, following...
Togo, Niger, Benin owe Nigeria $17.8m for power supply: NERC
Togo, Niger, and Benin owe Nigeria $17.8 million, an equivalent of over ₦25 billion at the current exchange rate, for electricity supplied under bilateral...
LPG supply improves, prices drop after scarcity
There is cautious optimism among retailers of liquefied petroleum gas (cooking gas) as the product becomes more available, currently selling between ₦1,000 and ₦1,400...
New tax law excludes workers, burdens the poor: Ajaero
President of the Nigeria Labour Congress, Joe Ajaero, has criticised the recently enacted tax law, saying it excludes workers’ input and places additional financial...
FG denies abandoning Nigerian scholarship students in Morocco
The Federal Government has dismissed claims that Nigerian scholarship students in Morocco have been abandoned, describing the reports as misleading and deliberately intended to...
