Economy

Businesses hike prices, cite new tax laws

Some businesses and traders may be taking advantage of the newly introduced tax laws to arbitrarily increase the prices of goods and services in...

State assemblies inject ₦1tn into 2026 budgets through amendments

No fewer than 13 State Houses of Assembly across the country have injected over ₦1 trillion into the 2026 budgets of their states, following...

Petrol workers warn of job losses as AA Rano plans automated stations

Petrol station workers under the aegis of the Concerned Petrol Station Workers have opposed plans by AA Rano to introduce what the company described...

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...

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