Federal Government To Fix Personal Income Tax Rate At 25% For ₦100M Earners
Rich Nigerians making N100 million or more per month will pay a 25% personal income tax rate if a new tax law is approved by…
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NLC, TUC Meet FG Over Petrol Price, Others
Leaders of Nigeria Labour Congress, NLC, and their Trade Union Congress of Nigeria, TUC, counterpart are currently meeting with the Federal Government. It was gathered…
Jumia Exits South Africa And Tunisia To Focus On Nigeria
Africa-focused e-commerce retailer Jumia Technologies will shut down its South African online fashion retailer Zando and its Tunisian operations by the end of the year.…
Nigeria’s Inflation Rate Rises To 32.7%
Nigeria’s inflation rate rose to 32.7 percent in September, reversing a two-month consecutive decline to 32.15% in August. The reversal was driven by a surge…
FG Unveils New Regulations For Petrol Import Licences, Revokes DPR Guidelines
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has unveiled new regulations to simplify the process of obtaining petrol import licences and…
Peacemaker Separating Fight Punched To Death In Adamawa
A Man who tried to make peace has been punched to death while trying to separate a fight in Adamawa State. The Peacemaker, Markus Dali, had…
Petrol Smugglers Made ₦17m Per Truck Under Subsidy Regime, Says Kyari
Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, says petrol smugglers took advantage of the loopholes in the subsidy regime by…
Again, National Grid Collapses
The grid collapsed at about 6:18 pm on Monday, leaving Nigerians in darkness. Checks by our correspondent confirmed that power generation dropped from 3.87 gigawatts…
NNPCL To Release N15bn Worth Of Products To Marketers After DSS Intervention
A peace agreement has been reached between the Nigerian National Petroleum Company Limited (NNPCL) and independent oil marketers, following a mediation led by the Director General…
NASS Considering Bill Seeking To Increase VAT From 7.5% To 10% By 2025
The national assembly is considering a bill proposing an increase in the value-added tax (VAT) from 7.5 percent to 10 percent.VAT refers to a consumption…