IMF tells FG to tax fuel, telecom services as revenue gap widens
The International Monetary Fund is pressing the federal government to extend value-added tax to fuel products and levy new charges...
- Monday, July 13, 2026
BusinessDay
The International Monetary Fund is pressing the federal government to extend value-added tax to fuel products and levy new charges...
Dangote Petroleum Refinery & Petrochemicals FZE has launched a $1 billion private placement at a per-share price of $0.35, staking...
Ekperikpe Ekpo, minister of state for petroleum resources (gas) has on Wednesday called for sweeping reforms to convert the country’s...
Africa’s largest financial institution, Standard Bank Group, has reaffirmed its commitment to support the growth of Dangote Industries Limited, pledging...
Schneider Electric SE and its liquid cooling unit Motivair are delivering more than $290 million worth of data center infrastructure...
Nigeria’s eleven electricity distribution companies lost N159.37 billion in unbilled and uncollected revenue in the first three months of 2026,...
The skyline above Lagos rises faster than almost anywhere else on the continent. Cranes punctuate the horizon. New commercial towers...
Nigeria has officially opened its electricity grid to solar sellers. As of June 3, 2026, the Net Billing Regulations...
Heirs Energies Ltd. has taken home one of project finance’s most coveted prizes for a $750 million debt deal that...
OPEC+ ministers decided Sunday to increase oil quotas by a total of 188,000 barrels per day for July, in a...