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Business
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LCCI Seeks Deadline Extension and Penalty Relief Following Rev360 Platform Failures
The Lagos Chamber of Commerce and Industry urges the NRS to extend the June 30 CIT filing deadline and waive penalties following widespread technical issues with the new Rev360 tax portal.
Halifax Brand to End After 173 Years
Lloyds Banking Group will phase out the Halifax brand, transitioning accounts to the Lloyds name by 2027 while maintaining local operations and staffing levels.
NNPC Reports 12.8 Percent Revenue Decline for May 2026 Amid Production Gains
The NNPC reported a revenue decline to N4.335 trillion in May despite an increase in crude oil and natural gas production levels.
Prateek Suri Named Among Gulf Business Top 50 Leaders
Maser Group CEO Prateek Suri has been honored as one of the top 50 business leaders in the Gulf for his role in fostering economic growth between Africa and the Middle East.
IPMAN Clarifies Status of Fuel Sales Amid Market Deregulation
IPMAN officials have denied reports of a fuel sales halt, emphasizing that the current deregulated market environment allows for independent procurement and pricing strategies.
Rescue Plan Clears Way for 150 TG Jones Store Closures
A high-court-approved restructuring plan for TG Jones will result in up to 150 store closures and major rent cuts to prevent the retailer from entering insolvency.
FRC Reveals Over 50 Nigerian Companies Adopting International Sustainability Standards
Dr. Rabiu Olowo of the FRC reports that over 50 Nigerian organizations are adopting IFRS sustainability standards to enhance competitiveness and attract investment.
Dangote Refinery and Congo’s National Oil Firm Discuss Energy Partnership
SNPC and Dangote Refinery are in talks to form a strategic partnership aimed at boosting regional energy security and refining capacity across Africa.
Neimeth International Pharmaceuticals Investors Support Capital Injection Plan
Neimeth International Pharmaceuticals shareholders have authorized a new capital raise to fund business growth and finalize a major manufacturing facility in Anambra State.
eTranzact expands financial access in Ogun State
eTranzact is expanding its PocketMoni financial services in Ogun State, deploying 1,000 agents and thousands of terminals to improve local banking access.