Nigerians consumed 63.7m litres of PMS in December – NMDPRA
The Dangote Refinery supplied 32.02 million litres of Petrol Motor Spirit (PMS) in December, 2025 out of 63.7 million litres consumed during the perio
Business
All the recent business news in Nigeria, economy and industry updates.
NRS clarifies 7.5% VAT on banking services
The Nigeria Revenue Service (NRS) has clarified that the imposition of Value-Added Tax (VAT) on banking services, including electronic money transfer,
ARCON to construct link-bridge, distribute fertilizer in Ebonyi with over N1bn
The Advertising Regulatory Council of Nigeria (ARCON) has budgeted N735 million for the construction of Amagu-Ewawoke link bridge in Ebonyi central se
EU removes Nigeria from high-risk financial list
Nigeria has officially been removed from the European Union’s list of high-risk jurisdictions for money laundering and terrorism financing. The decisi
NGX ASI retreats after 9-day bulls
The Nigerian Exchange (NGX) All-Share Index (ASI) retreated as investors booked profit in MTN Nigeria, Aradel Holdings and Nigerian Breweries, among o