Economy
Bank balances not taxed under new regime: CITN chair
The Chairman of the Chartered Institute of Taxation of Nigeria, Abuja District, Ben Enamudu, has dismissed claims that bank balances are taxed under Nigeria’s...
Global crude prices fall as Trump flags Venezuelan oil transfer
Oil extended losses on Wednesday after Donald Trump said Venezuela would turn over millions of barrels to the United States, while equities were mixed...
Port Harcourt customs exceeds 2025 revenue target, rakes in ₦731bn
The Nigeria Customs Service, Port Harcourt II Command, said it collected ₦731 billion as revenue and intercepted 75 containers in 2025.
In a statement on...
Electricity subsidy hits ₦1.98trn: NERC
Amid its struggles to pay the over ₦4 trillion debt owed to power generation companies, the Federal Government incurred a total of ₦1.98 trillion...
2026 budget to consolidate Tinubu’s reform gains: Minister
The Minister of Information and National Orientation, Mohammed Idris, has said the 2026 Federal Government budget is designed to consolidate the gains of President...
