New tax laws will cripple Nigerian airlines, Onyema warns
Allen Onyema, chief executive officer of Air Peace, has warned that newly introduced tax laws have reintroduced charges that were removed under the 2020 tax reforms, a move he says…
IPMAN directs members to buy petrol from Dangote Refinery, signals plan for own refineries
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members nationwide to prioritise the purchase of Premium Motor Spirit (PMS) from the Dangote Petroleum Refinery, citing competitive pricing…
Breaking: Tinubu sacks NUPRC, NMDPRA CEOs, nominates replacements
President Bola Tinubu has forwarded the names of two nominees to the Senate for confirmation as chief executives of Nigeria’s petroleum sector regulators following the resignation of their current heads.…
NMDPRA CEO disowns viral statement amid Dangote allegations controversy
The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, has distanced himself from a statement circulating in the media and on social…
After Dangote’s petition, NMDPRA CEO denies wrongdoing, welcomes probe
The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, has rejected allegations of corruption levelled against him, insisting that his finances and…
Bombshell: Dangote accuses NMDPRA boss of paying $5m Swiss school fees, alleges corruption, sabotage
Aliko Dangote, chairman of Dangote Industries Limited (DIL), has made explosive allegations against Farouk Ahmed, chief executive officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), claiming that…
No plan to debit bank accounts under tax reforms — Oyedele
Amid growing public anxiety over the ongoing tax reforms, the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr Taiwo Oyedele, on Friday dismissed claims that the government…
Dangote Refinery slashes petrol price to ₦699 per litre ahead of yuletide
The Dangote Refinery has sharply reduced its ex-depot petrol price to gain a competitive edge over the Nigerian National Petroleum Company Limited (NNPC) and other filling stations across Nigeria. Recent…
Tinubu: Digital workforce will power Nigeria’s trillion-dollar economy ambition
President Bola Tinubu says his administration is laying the groundwork for a digitally skilled workforce that will drive Nigeria’s next phase of economic transformation. Speaking on Thursday at the 3…
PZ Cussons make u-turn, retains Africa operations citing strong growth in Nigeria
In a significant strategic shift, PZ Cussons has announced that it will retain its Africa business, opting for renewed investment and expansion rather than divestment. The decision comes months after…
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