BUSINESS

Ex-Depot Petrol Hits ₦800/Litre As Dangote Refinery Shuts PMS Unit 0
- BUSINESS, SLIDE
- January 3, 2026
Private Depot Owners Hike Ex-Depot Petrol Price to ₦800/Litre as Dangote Refinery Shuts Petrol Unit for Planned Maintenance and upgrades Nigeria’s downstream petroleum market has witnessed a sharp price reversal, with private depot owners lifting the ex-depot price of Premium Motor Spirit (PMS, commonly known as petrol) to ₦800 per litre across major locations. This
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Nigeria Records $4.6bn Balance Of Payments Surplus In Q3 2025 0
- BUSINESS, SLIDE
- December 31, 2025
The Central Bank of Nigeria (CBN) has announced that the country recorded a $4.6 billion balance of payments (BoP) surplus in the third quarter of 2025, reflecting improved external sector performance and stronger foreign inflows. According to the CBN’s Q3 2025 Balance of Payments report, the surplus was driven largely by increased foreign portfolio inflows,
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President Tinubu Affirms January 1, 2026, Commencement Of Major Tax Reforms.0
- BUSINESS, SLIDE
- December 30, 2025
President Bola Ahmed Tinubu has issued a firm statement reaffirming that Nigeria’s landmark tax reform laws will take effect as scheduled on January 1, 2026, describing the changes as a “once-in-a-generation opportunity” to establish a fairer and more competitive fiscal system. The statement reads: “The new tax laws, including those that took effect on June
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Lawmakers May Halt January 2026 Tax Reform Rollout Over Alleged Alterations — Oyedele 0
- BUSINESS, SLIDE
- December 25, 2025
Lawmakers have warned that the planned January 2026 rollout of Nigeria’s new tax laws could be suspended following allegations that key provisions were altered without proper legislative approval. The warning was issued by Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms. Oyedele said concerns have been raised within the
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NNPC Slashes Petrol Pump Price To ₦835/Litre 0
- BUSINESS, SLIDE
- December 20, 2025
NNPC Slashes Petrol Pump Price to ₦835/Litre Amid Intensifying Competition from Dangote Refinery The Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price of Premium Motor Spirit (PMS), commonly known as petrol, to around ₦835 per litre in major cities, marking the third price cut this month. Anthony Joshua Knocks Out Jake Paul
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FG Plans Ban On Tokunbo Vehicle Imports From Q3 2026, Car Prices Likely To Rise 0
- BUSINESS, SLIDE
- December 18, 2025
The cost of vehicles in Nigeria is expected to increase as the Federal Government moves to ban the importation of foreign-used (tokunbo) vehicles beginning from the third quarter of 2026. According to a report, the proposed ban is part of efforts to promote patronage of locally assembled vehicles, strengthen the domestic automobile industry, and improve
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