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New Tax Law: DisCos request corporate customers for identification details

New Tax Law: DisCos request corporate customers for identification details

By Udeme Akpan Electricity Distribution Companies, DisCos, have requested their corporate customers to provide identification details as part of conditions for electricity supply to them, citing the provisions of the new tax regime. Already, the Ikeja Electric Distribution Company (IKEDC) has written its corporate customers to provide these details on or before February 20 to avoid […]

NNPC’s revenue hits N60.5trn, profit up to N5.7trn

NNPC’s revenue hits N60.5trn, profit up to N5.7trn

Pays N14.7trn to govt By Obas Esiedesa The Nigerian National Petroleum Company Limited (NNPC), on Thursday, disclosed that it generated N60.5 trillion in revenue in 2025. In its monthly report published on its website, the company also announced a profit after tax of N5.76 trillion and remitted N14.706 trillion to statutory government agencies. The report stated that […]

Delta receives Niger Delta Games torch, as Onos targets gold

Delta receives Niger Delta Games torch, as Onos targets gold

As the zero hour approaches swiftly to the start of the 2nd Niger Delta Games in Benin City on February 20, Chairman of the Delta State Sports Commission, Onos Oborevwori, has spoken of the State contingent’s readiness to mint gold at the regional multi-,sports Games.

Nigeria endorses AU’s institutional reforms on peace, security

Nigeria endorses AU’s institutional reforms on peace, security

NIGERIA has endorsed the proposed institutional reforms in the African Union, with focus on peace and security governance, strengthening of democratic institutions and ensuring stronger cooperation with international financial institutions and the private sector.

C-River set for oil producing status

C-River set for oil producing status

The Revenue Mobilisation, Allocation and Fiscal Commission, RMAFC, has received the final report of the Federal Government’s Inter-Agency Committee on Nigeria’s Oil-Producing States, with Cross River projected to be re-listed as an oil-producing state.