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Economy
189 posts
President Tinubu Authorizes No-Cost CAC Registration for 250,000 Small Businesses
President Tinubu has launched an initiative to provide free corporate registration for 250,000 small businesses to encourage formalization and reduce operational costs.
Tinubu administration remains silent amid public outcry for lower fuel costs
President Tinubu and his administration have not yet responded to public pressure to lower fuel prices as global crude oil rates return to pre-conflict levels.
Governor Abiodun Revives OKLNG Project and Unveils Expansion Plans for Ogun Waterside
Ogun State Governor Dapo Abiodun has announced the revival of the Olokola LNG project and outlined a comprehensive strategy to transform the Ogun Waterside region into a major maritime and industrial hub.
Muslim Media Watch Group Demands Fuel Price Reduction to N700 in Nigeria
The Muslim Media Watch Group of Nigeria has urged the Federal Government to force fuel marketers to lower petrol prices to N700 per litre, citing the recent cooling of global oil markets.
Energy Expert Explains Why Petrol Prices Remain High Despite Falling Crude Costs
Petroleum economics expert Prof. Wumi Iledare clarifies that fuel prices do not instantly fall with crude oil due to inventory costs, exchange rate volatility, and market-driven pricing structures.
Nigerian Government Denies Intent to Hike Taxes
Minister Taiwo Oyedele confirms that the Nigerian government aims to expand the tax base rather than increase tax rates, emphasizing the need for better compliance.
Nigeria Aims for Perfect EITI Validation Rating by 2026
Nigeria's NEITI leadership is working toward achieving a perfect 100 percent score in the 2026 EITI validation to boost investor confidence and ensure transparency.
Taiwo Oyedele: Proper Tax Framework Is Key to Nigeria’s Major Progress
Finance Minister Taiwo Oyedele asserts that Nigeria can reach significant developmental milestones by reforming its tax system to focus on equity and base expansion rather than tax hikes.
Tax System Reforms Are Essential for Nigeria’s Prosperity, Says Taiwo Oyedele
Finance Minister Taiwo Oyedele asserts that stabilizing Nigeria’s tax system is vital for growth, focusing on expanding the tax base rather than increasing rates.
Missing presidential authorization stalls N36bn payout for former Nigeria Airways staff
Former Nigeria Airways workers remain unpaid as government officials struggle to locate the presidential approval needed to release their N36 billion entitlement.